SEBI postponed implementation of intraday borrowing guidelines after concerns from AMCs. The ruling provides additional time for compliance while ensuring regulatory objectives are met.
Failure to file financial statements and respond to notices resulted in an ex-parte penalty order. The case highlights strict enforcement of compliance and consequences of non-appearance before authorities.
Company failed to respond to show cause and hearing notices issued by the ROC. The authority proceeded ex-parte and imposed penalties. The ruling highlights that non-participation does not prevent enforcement action.
The notification grants tax exemption to a statutory authority as it does not engage in commercial activities. It highlights that compliance with conditions is essential to retain exemption.
The authority received exemption as it qualifies as a statutory body under the law. The ruling highlights that statutory status is key for tax benefits.
The government granted tax exemption after recognizing the authority’s statutory foundation. The key takeaway is that legally constituted bodies can qualify for exemption under Section 10(46A).
The notification recognizes a statutory development authority as eligible for tax exemption under Section 10(46A). The key takeaway is that entities fulfilling public utility functions can secure exemption if properly notified.
CBIC introduced a payment aggregator to streamline customs duty payments. The circular allows multiple digital payment options and faster processing through the ECL system.
The amendment permits payment aggregators as a new mode of deposit in the electronic cash ledger. This expands digital payment options and improves ease of compliance.
The DGFT extended TRQ authorisations for gold imports under India-UAE CEPA citing geopolitical disruptions. The ruling ensures automatic extension without procedural requirements.
