ICAI detaches Vizianagaram District from Visakhapatnam Branch and establishes a new SIRC branch in Vizianagaram, effective from August 14, 2024.
Finance Act 2023 updates the process for filing applications under Section 10(46A) of the Income-tax Act. Standardized procedures are now in place.
The Ministry of Finance designates new special courts in Kerala for PMLA cases, updating jurisdiction for various districts in the state as of August 19, 2024.
SEBI’s 2024 amendment allows Research Analysts to charge fees for their services, including from accredited investors. Effective from the date of publication.
CBIC launches an All-India drive to combat fake GST registrations and bogus invoices from August 16 to October 15, 2024, ensuring compliance and revenue protection.
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.
India allows the export of 2,00,000 MTs of Non-Basmati White Rice to Malaysia through National Cooperative Exports Limited under new DGFT notification.
SEBI issues guidelines for Venture Capital Funds to migrate to Alternative Investment Fund Regulations, detailing conditions, procedures, and timelines.
NFRA penalizes BSR & Associates LLP ₹10 crores for audit lapses in Coffee Day Enterprises audit. Partners face fines and debarment.
Kerala SGST mandates return filing via KITIS with electronic verification; new rules apply to KVAT, KGST, and CST Acts from August 2024.