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Notifications/Circulars

Violation of Section 101 of Companies Act: MCA Imposes Penalty

February 29, 2024 324 Views 0 comment Print

Discover how WURKNET Pvt Ltd faced penalties under Sections 101 and 118 of the Companies Act for procedural violations. Understand the implications and legal repercussions in detail.

Master Direction: RBI (Bharat Bill Payment System) Directions, 2024

February 29, 2024 1098 Views 0 comment Print

Explore the Reserve Bank of Indias latest Master Direction on Bharat Bill Payment System (BBPS) 2024, streamlining bill payments and enhancing customer protection.

Merchanting Trade in Foreign Country Allowed, Except CITES/SCOMET Goods

February 29, 2024 564 Views 0 comment Print

Explore the latest amendment (Notification No. 62/2023-DGFT) in Foreign Trade Policy 2023 by the Government of India. Understand the changes in Para 2.39 and its implications.

MCA Penalizes DGR Farms & Leisures Ltd. and Directors for Annual Returns Non-filing

February 28, 2024 414 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on DGR Farms & Leisures Limited and its directors for violating the Companies Act by failing to file annual returns. Details here.

MCA Imposes Penalty on DGR Farms for Non-filing of Balance Sheet

February 28, 2024 408 Views 0 comment Print

DGR Farms & Leisures Limited failed to file balance sheets for 4 years. The company and its directors must now pay a penalty of ₹1.68 lakh to ₹2 lakh each. This order by the Registrar of Companies highlights the importance of filing financial statements on time.

RBI Capital Adequacy Guidelines – Review of Trading Book

February 28, 2024 579 Views 0 comment Print

Explore RBI’s latest update on Capital Adequacy Guidelines, focusing on the review of the trading book. Key changes, impacts, and applicability for commercial banks.

Delayed GST Registration Despite Successful Aadhar Authentication

February 28, 2024 6099 Views 0 comment Print

Understand instances of delays in registration despite Aadhaar authentication under Rule 8 & 9 CGST. Learn about processing timelines and online tracking updates.

Mandatory Qualifiers in Import/Export Declarations (JNCH)

February 28, 2024 831 Views 0 comment Print

New rules require additional product details in import/export declarations at JNCH, Nhava Sheva. This aims to improve efficiency, avoid delays, and enhance policymaking. Importers, exporters, and others impacted should follow the Public Notice guidelines.

IFSCA Act 2019: Modifications in SEZ Act 2005 and Rules 2006

February 28, 2024 699 Views 0 comment Print

Explore the latest finance ministry notification under IFSCA Act 2019, detailing modifications in Special Economic Zones Act 2005 and Rules 2006. Learn the impact on financial products, services, and institutions in International Financial Services Centres

DGFT amends SION C-831 for Stainless Steel Export

February 28, 2024 456 Views 0 comment Print

Explore the latest DGFT Public Notice 45/2023 on 28th Feb 2024. Learn about amendments to SION C-831 for Stainless Steel Seamless Tubes export. Immediate effect. Details inside.

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