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Notifications/Circulars

Income Tax Exemption for Haryana District Legal Authorities

November 19, 2024 231 Views 0 comment Print

Notification on income tax exemption for Haryana’s District Legal Service Authorities under Section 10(46) for specified incomes and conditions from FY 2023-2024.

Non inclusion of DIN in financial Statements: MCA imposes Rs. 8 Lakh Penalty

November 19, 2024 2619 Views 0 comment Print

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.

Notification 28/2024-Central Excise Dated: 19th November, 2024

November 19, 2024 483 Views 0 comment Print

Central Excise Notification 28/2024 modifies Notification 11/2017, adding Sl. No. 7C. Effective from November 20, 2024.

CBDT Specifies e-Filing for Forms 42, 43, and 44

November 19, 2024 1932 Views 0 comment Print

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).

Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Fourth Amendment) Regulations, 2024

November 19, 2024 873 Views 0 comment Print

RBI amends FEMA regulations to define startups under the Foreign Currency Account framework, aligned with DPIIT’s notification on startup recognition.

Implementation of AES Encryption in ONMAGS Application

November 18, 2024 468 Views 0 comment Print

NPCI mandates AES-GCM encryption for ONMAGS users by January 2025, enhancing data security. Non-compliance risks service discontinuation.

CCI Imposes ₹213.14 Crore Penalty on WhatsApp Meta for Privacy Violations

November 18, 2024 798 Views 0 comment Print

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- Adjudication of SCNs- Common Adjudicating Authority

November 18, 2024 447 Views 0 comment Print

Kerala SGST’s new circular streamlines adjudication of interconnected show cause notices with a single authority for consistent decision-making.

Government of West Bengal extended jurisdiction of Labour Courts/Tribunals

November 18, 2024 321 Views 0 comment Print

The Government of West Bengal extends the jurisdiction of Labour Courts, Industrial Tribunals, and related courts for faster dispute resolution and case disposal.

SEBI (Alternative Investment Funds) (Fifth Amendment) Regulations, 2024

November 18, 2024 1569 Views 0 comment Print

SEBI amends Alternative Investment Funds (AIF) Regulations 2012, introducing changes to investor rights, pro-rata distributions, and differential rights for select investors.

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