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Notifications/Circulars

NFRA Penalizes CA Rs 50 Lakhs for Misconduct in Section 80JJA Report

January 3, 2024 51666 Views 0 comment Print

NFRA issues order penalizing CA Pawan Jain and Mis Kumar Jain & Associates for lapses in issuing reports under Income Tax Act for Quess Corp Ltd.

Draft Rules on Gas Meters for comments from stakeholders

January 3, 2024 261 Views 0 comment Print

Draft Rules on Gas Meters have been released for public feedback. Access the document on our Department’s website www.consumeraffairs.nic.in. Your valuable comments are invited until 12.01.2024. Kindly submit your insights to [email protected] or [email protected].

Amendments to Central Tax Rates 2024: Key Changes in Notification 01/2017

January 3, 2024 3234 Views 0 comment Print

Explore the latest amendments to Central Tax Rates in 2024. Notification 01/2017 updated with crucial changes. Learn about modifications, effective from January 4, 2024

Amendment to Integrated Tax Rates: Notification 01/2024 Updates Schedule I – 2.5%

January 3, 2024 7716 Views 1 comment Print

Explore the latest amendments to Integrated Tax Rates with Notification 01/2024. Effective from January 4, 2024, the changes impact Schedule I – 2.5% for specified entries.

Union Territory Tax Rate Amendment 2024: Changes to Notification 01/2017

January 3, 2024 573 Views 0 comment Print

Explore the latest amendments to Union Territory Tax (Rate) through Notification No. 01/2024. Updated entries in Schedule I – 2.5% effective from January 4, 2024

Venus Universal Ltd. Penalized for late-filing of Financial Statement

January 3, 2024 120 Views 0 comment Print

Explore the penalty order by the Ministry of Corporate Affairs for violation of Section 137 of the Companies Act, 2013 imposed on Venus Universal Ltd and its officers.

RBI Issues Master Direction on Commercial Paper & Non-Convertible Debentures 2024

January 3, 2024 3108 Views 0 comment Print

The Reserve Bank of India (RBI) has released the Master Direction – Reserve Bank of India (Commercial Paper and Non-Convertible Debentures of original or initial maturity up to one year) Directions, 2024, vide Notification No. FMRD.DIRD.10/14.02.001/2023-24 dated January 03, 2024. This directive follows the comprehensive review of money market directions as outlined in the Statement […]

Vishvjyoti Trading Ltd. Penalized for late-filing of annual return

January 2, 2024 132 Views 0 comment Print

Read about the adjudication order against Vishvjyoti Trading Ltd. for non-compliance with Section 92 of the Companies Act 2013. Analysis, penalties, and implications.

Exemption from specified income U/s 10(46): Madhya Pradesh Professional Examination Board, Bhopal

January 2, 2024 465 Views 0 comment Print

Explore latest Income Tax Notification No. 3/2024 dated January 2, 2024. Learn about Madhya Pradesh Professional Examination Board’s specified incomes and conditions for exemption.

Exemption from specified income U/s 10(46): Karnataka State Rural Livelihood Promotion Society

January 2, 2024 426 Views 0 comment Print

Explore the latest Income Tax Notification (2/2024) regarding Karnataka State Rural Livelihood Promotion Society. Learn about specified incomes, conditions, and the retrospective effect.

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