CBIC updates tariff values for various goods, including palm oil, soya bean oil, gold, silver, and areca nuts. New rates effective from 14th December 2024.
SEBI issues guidelines on pro-rata and pari-passu rights for Alternative Investment Funds (AIFs), covering investor commitments, distribution, and compliance requirements.
DGFT issues corrigendum to Public Notice 30/2024-25, correcting wording in Note 2 for jewellery export norms under Handbook of Procedures 2023.
Government drafts bill to ban unregulated lending activities, ensuring consumer protection. Stakeholders invited to provide feedback by February 13, 2025.
The Ministry of Finance allows selected reporting entities to use Aadhaar authentication for compliance with the Prevention of Money-laundering Act.
Government has clarified insurance and bond requirements for CCSPs and AEO-LOs to ease business operations, including changes in custodian bond values.
The Central Silk Board gains tax exemption for specified income from grants, royalties, fees, and interest, effective for 2024-2029 assessments.
SEBI amends Listing Obligations and Disclosure Requirements Regulations with updated compliance norms, effective December 31, 2024.
Musiri Kamadhenu Nidhi Ltd and directors fined ₹14 lakh by Chennai ROC for violating Sections 117(3)(g) & 179(3)(g) of the Companies Act, 2013, concerning filing of board resolutions related to financial statements.
Macquarie Group Management (India) Pvt. Ltd. penalized under Section 62(2) of the Companies Act, 2013, for non-compliance in rights issue procedures.
