To address cash flow issues, GST provisional refunds of 90% are allowed for inverted duty structure claims, preventing ITC blockages and easing business operations.
The Centre has released all provisional GST compensation for FY 2017-22, with Arunachal Pradesh and Manipur awaiting AG-certified final figures. Timely payment ensures states receive full compensation once reconciliation is completed
The ROC penalised the company and directors for failing to file AOC-4 for FY 2019. Maximum statutory penalties were imposed after no response to the Show Cause Notice.
The ROC penalised the company and directors for not filing AOC-4 for FY 2017-18. With no response to notices, the maximum statutory penalty was imposed under Section 137(3).
The ROC levied penalties after the company failed to file financial statements for four consecutive years. With no response to notices, statutory fines were imposed on both the company and directors under Section 137(3).
An inquiry revealed non-filing of financial statements, and the company failed to respond to the show cause notice. The ROC issued penalties on both the company and directors, reinforcing strict enforcement of Section 137.
The ROC penalised the company and its officers for failing to disclose title deed details in the Board Report. Although decriminalised for the relevant years, the violation was recorded and statutory penalties were imposed under Section 454.
SEBI broadened the definition of institutional investors to include large family trusts and high-net-worth intermediaries. The amendment strengthens eligibility norms and supports deeper institutional participation in REITs.
SEBI’s circular enables existing AIFs to convert to AI-only or LVF schemes, enhancing operational flexibility while requiring investor consent and reporting to SEBI.
The RBI has issued final directions regulating Rupee interest rate derivatives, defining eligibility, reporting requirements, and risk limits to strengthen transparency and market integrity.
