RBI circular mandates a transition from the XBRL site to Centralized Information Management System (CIMS), impacting all Authorised Dealer Category-I Banks.
Government of India’s Ministry of Corporate Affairs imposes penalties on Shayona Petrochem Limited and its directors for violating Section 137 of the Companies Act, 2013.
DC finds that Mr. Nirav Anupam Tarkas has conducted the auctions in an improper manner in CD-1 by inviting bids for already sold vehicles and reducing the reserve price beyond permissible prescribed limits. With regard to the CD-2 and CD-3, the DC finds that Mr. Nirav Anupam Tarkas failed to perform his duties as per […]
Explore IBBI’s latest circular clarifying the submission of declarations by insolvency professionals in Form C for initiating insolvency resolution processes. Key details for creditors and professionals.
Explore the latest Foreign Exchange Management Regulations by RBI in 2023. Learn about payment methods, trade transactions, and the impact on India’s financial landscape.
NFRA has debarred auditor of S. Kumars Nationwide Limited (SKNL) for a period of five years. This decision comes as a result of investigations conducted under Section 132(4) (c) of Companies Act, 2013.
Explore Lok Sabha Unstarred Question No. 2486 on Income Tax (IT) raids, prosecutions, and recovered amounts. Detailed analysis of actions and outcomes from 2019 to 2023
Post provides a comprehensive exploration of the multifaceted world of Politically Exposed Persons. The detailed analysis encompasses the definition, regulatory influences, potential expansions, compliance efforts, and the broader implications of India’s stance on anti-money laundering and anti-terrorism financing.
Explore the Exposure Draft by ICAIs CPE Committee on consequential provisions for non-compliance with CPE hours, effective from 2024. Share your views by January 2, 2024.
Discover exponential growth of UPI transactions in India, from Rs. 1 lakh crore in FY 2017-18 to Rs. 139 lakh crore in FY 2022-23. Explore driving forces and government initiatives
