IFSCA circular clarifies that Banking Units in an IFSC can open foreign currency accounts for Indian residents without prior approval, as per a 2015 regulation.
Maharashtra State Tax Commissioner issues forms for settlement of GST arrears under 2025 Act; physical submission required for periods up to June 2017.
The ROC Ahmedabad has fined TREE TOP RESORTS AND SPA PRIVATE LIMITED and its directors after a letter was returned undelivered, indicating the company failed to maintain a registered office.
The ROC has penalized Shanti Inorganics and its directors for violating Section 203 of the Companies Act, as a key managerial person held roles in two separate companies.
The Ministry of Corporate Affairs has amended the Companies (Indian Accounting Standards) Rules, 2015, impacting financial reporting and liability classifications.
The RBI is transitioning its Cheque Truncation System to a new continuous clearing and settlement model, aiming for faster processing and payment release.
The Reserve Bank of India has released a report outlining the FREE-AI framework, a set of principles and recommendations for the responsible and ethical use of artificial intelligence in the financial sector.
SEBI consolidates rules for Debenture Trustees into a master circular, detailing online registration, change in control, and regulatory communication procedures.
An order from the Registrar of Companies, Ahmedabad, details a penalty for Milcent Appliances Private Limited and a director for a 1027-day delay in filing a statutory form.
Rajasthan GST circular directs officers to reject Input Tax Credit claims for taxpayers who register after 30 days from becoming liable, ensuring compliance under Section 18 of the RGST Act, 2017.
