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IBBI suspends IP for Asset protection failures & improper sale

April 22, 2025 708 Views 0 comment Print

IBBI disciplinary order suspends IP Jitendrakumar Yadav for 1 year for IBC violations in Dilip Chhabria & Maha Urja cases, citing asset protection failures & improper sale.

Liquidation Data Format Not Mandatory under RTI: IBBI

April 22, 2025 687 Views 0 comment Print

IBBI’s First Appellate Authority dismisses an RTI appeal, clarifying that public authorities are not required to collate data in a specific format if not already maintained.

Amendments to Directions – Compounding of Contraventions under FEMA, 1999

April 22, 2025 984 Views 0 comment Print

RBI announces changes to FEMA compounding of contraventions. Learn about revised rules for application and payment processing.

RBI Master Directions – Compounding of Contraventions under FEMA, 1999

April 22, 2025 3909 Views 0 comment Print

Learn about RBI’s Master Directions on compounding FEMA contraventions. Find details on application, eligibility, calculation, and procedure for Authorised Dealers.

No Open Offer needed for CHL’s preferential issue of convertible securities: SEBI

April 22, 2025 1788 Views 0 comment Print

SEBI provides informal guidance to CHL Ltd on its proposed preferential issue. Concludes no open offer needed under Takeover Code Regs 3 or 4 based on provided facts.

SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2025

April 22, 2025 2472 Views 0 comment Print

SEBI updates REIT regulations, including new rules for common infrastructure, SM REIT offerings, and investment conditions, effective upon publication.

Notification u/s 10(46A) of Income Tax Act in case of National Mission for Clean Ganga

April 22, 2025 1251 Views 0 comment Print

The Central Government notifies the National Mission for Clean Ganga as exempt from income tax under Section 10(46A), effective AY 2024-25.

CBDT notifies 10 new items on which TCS needs to be collected

April 22, 2025 21861 Views 1 comment Print

The Central Board of Direct Taxes notifies tax collection at source on the sale of certain goods exceeding 竄ケ10 lakh, effective upon official publication.

CBDT amends form No. 27EQ and added 10 new items for TCS Reporting

April 22, 2025 3705 Views 0 comment Print

Latest income tax rule changes effective April 2025. Form 27EQ updated with new categories for tax collection at source on various goods.

Customs: New Port Added – Rohini Yard Jetty

April 22, 2025 795 Views 0 comment Print

CBIC amends customs notification to include Rohini Yard Jetty, Rohini Village, Raigad, in the list of ports under Maharashtra.

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