ICAI’s Disciplinary Committee found CA. Sanjay Mehra guilty of professional misconduct for failing to disclose related-party transactions, leading to a reprimand.
Adjudication order under Companies Act, 2013 for M/s Aasvas Nidhi Ltd for non-compliance with Section 158. Penalty imposed on company and directors for violations.
Central Excise Notification 28/2024 modifies Notification 11/2017, adding Sl. No. 7C. Effective from November 20, 2024.
CBDT mandates electronic filing for Forms 42, 43, and 44 under Rule 131 of Income Tax Rules, 1962, effective November 22, 2024. Notification issued by DGIT (Systems).
RBI amends FEMA regulations to define startups under the Foreign Currency Account framework, aligned with DPIIT’s notification on startup recognition.
NPCI mandates AES-GCM encryption for ONMAGS users by January 2025, enhancing data security. Non-compliance risks service discontinuation.
CCI penalizes Meta ₹213.14 crore for abusing dominance through WhatsApp’s 2021 Privacy Policy update. Cease-and-desist orders and remedies issued.
Kerala SGST’s new circular streamlines adjudication of interconnected show cause notices with a single authority for consistent decision-making.
The Government of West Bengal extends the jurisdiction of Labour Courts, Industrial Tribunals, and related courts for faster dispute resolution and case disposal.
SEBI amends Alternative Investment Funds (AIF) Regulations 2012, introducing changes to investor rights, pro-rata distributions, and differential rights for select investors.
