Insight Instruction No. 79 details procedures for managing high-risk PAN cases in the Insight portal, guiding tax officers through the verification and assessment processes.
IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Laundering Rules.
IBBI disciplinary order finds Mr. Vijendra Kumar Jain guilty of negligence and failure in handling claims under CIRP, with implications for insolvency process management.
UIDAI’s specified income receives tax exemption for AY 2024-2025 to 2028-2029 under Income-tax Act, 1961, as per the latest CBDT notification.
CBIC’s latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smuggled cigarettes and narcotics.
West Bengal Transport Workers’ Social Security Scheme receives tax exemption for specified income under Income-tax Act for AY 2021-2022 to 2025-2026.
MCA revises Indian Accounting Standards, updating Ind AS 101, 103, 105, and 107, and omitting Ind AS 104 as per Notification G.S.R. 492(E) on August 12, 2024.
Learn about the Companies (Registration of Foreign Companies) Amendment Rules, 2024, including updates to Rule 3 & Rule 8, effective from September 9, 2024.
CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenue and ensuring GST compliance.
RBI revises risk weights for Housing Finance Companies, capping undisbursed loan risk weights and adjusting risk weights for commercial real estate exposures.
