Indian Railways cuts advance reservation period from 120 to 60 days starting 01.11.2024, affecting bookings except for certain express trains and foreign tourists.
SEBI revises position limits for equity derivatives to INR 7,500 crore or 15% of open interest. New rules effective immediately, monitoring begins April 2025.
Clarification on Section 128A of CGST Act for waiver of interest or penalty for FYs 2017-2020. Key procedures and conditions for taxpayers and tax officers detailed.
CBIC clarifies input tax credit provisions under Section 16(5) & 16(6) of CGST Act, detailing rectification procedures for wrong credit availment.
GST auto-populates eligible ITC in GSTR-9 for FY 2023-24 from GSTR-2B. Changes available from 15th October 2024, with a validation utility for taxpayer use.
Public Notice No. 06/2024 invites applications for approved valuers for gold and jewelry assessment at Chennai Airport. Deadline: Nov 1, 2024.
The ICAI Disciplinary Committee reprimanded a Chartered Accountant for professional misconduct related to company incorporation, including failure to verify documents.
The ICAI Disciplinary Committee has reprimanded and fined a CA for certifying company forms without verifying original records, leading to professional misconduct.
The ICAI Disciplinary Committee reprimands CA. Isha Gupta for failing to prove due diligence and identity verification during the certification of company documents.
The Ministry of Finance amends Income Tax Rules with Notification 112/2024, streamlining tax deduction processes and compliance requirements.
