The Ministry of Finance has notified the implementation dates for specific provisions of the GST Amendment Rules, 2024. Key rules take effect from Feb & Apr 2025.
ICAI Disciplinary Committee finds CA not guilty in INC-22A certification case, citing due diligence and lack of evidence of misconduct.
IFSCA revises eligibility norms for Remote Trading Participants in IFSC stock exchanges, addressing market feedback and modifying onboarding conditions.
APS Micro Credit fined Rs. 1 lakh for violating Section 158 of the Companies Act, 2013. Director failed to mention DIN in financial statements for FY 2013-15.
DGFT mandates online document submission and fee payments for FTDR Act proceedings, eliminating paper submissions to enhance ease of doing business.
A Disciplinary Committee exonerated CA B.L.N. Phani Kumar, finding him not guilty of professional misconduct related to his auditing duties for seven companies. The case, brought by the RBI, alleged the companies were operating as Non-Banking Financial Institutions without proper registration. The committee found that the companies had not accepted public deposits, and therefore, the auditor had no obligation to submit special reports to the RBI. The RBI also did not take action against the companies. The committee’s final decision was to close the case.
The Disciplinary Committee of the ICAI has cleared CA Vivek Kalani of professional misconduct charges. The case centered on allegations of certifying a false registered office address for a company, but the committee found that Kalani had conducted due diligence. The committee’s ruling was based on the evidence presented and the lack of a proper inspection report from the complainant, leading to a decision to close the case.
The Indian government has amended the export policy of raw human hair, changing its status from ‘Restricted’ to ‘Prohibited,’ with exceptions for high-value exports.
The ROC, Punjab & Chandigarh, imposed penalties on Arisebhavishya India Mutual Benefit Nidhi Ltd for failing to maintain a registered office per Companies Act, 2013.
IBBI’s First Appellate Authority reviews RTI appeals by Kairav Anil Trivedi, addressing disclosure requests under the RTI Act. Key findings and decision summary.
