CBIC introduces ICETABs for faster, paperless customs cargo examination. New process enhances transparency and reduces clearance time. Learn more in Circular 10/2024.
SEBI issues guidelines for borrowing by Category I and II AIFs, and sets limits for tenure extension by Large Value Funds. Compliance is mandatory by November 18, 2024.
SEBI issues guidelines for Venture Capital Funds to migrate to Alternative Investment Fund Regulations, detailing conditions, procedures, and timelines.
Kerala SGST mandates return filing via KITIS with electronic verification; new rules apply to KVAT, KGST, and CST Acts from August 2024.
Kerala SGST department issues a circular clarifying the method of penalty calculation under the IGST Act, 2017 for tax demands made under KSGST sections 73/74.
Kerala SGST circular on penalty calculation under the IGST Act clarifies the manner for show cause notices issued under Sections 73 and 74 of the KSGST Act.
Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate Tribunal is operational.
IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Laundering Rules.
IBBI mandates Valuation Report Identification Number (VRIN) for all valuation reports by Registered Valuers under Insolvency and Bankruptcy Code, 2016.
IFSCA extends bullion trading guidelines until October 31, 2024, or until revised requirements are issued, according to circular F No. 329/IFSCA/Bullion MIIs/2024-25/04.