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DGFT Revises 2023 Jewellery Export Norms and Permissible Wastage

May 27, 2024 1110 Views 0 comment Print

Government of India’s Ministry of Commerce and Industry, through DGFT, announces amendments in Handbook of Procedures and SION for jewellery export, impacting wastage percentages and input-output norms.

Weekly newsletter from Chairman, CBIC dated 27/05/2024

May 27, 2024 816 Views 0 comment Print

CBIC Newsletter highlights CBIC achievements, inter-agency coordination successes, and upcoming transitions. Stay updated on customs and GST developments.

Violation of Section 134(3)(h) related party disclosures: MCA imposes Rs. 8 Lakh Penalty

May 27, 2024 507 Views 0 comment Print

MCA imposes Rs. 8 lakh penalty on Velotio Technologies for non-disclosure of related party transactions under Section 134(3)(h). Detailed adjudication order.

CBDT exempts RBI from Section 206CCA provisions (TCS Collection at higher rate)

May 27, 2024 3786 Views 0 comment Print

The Ministry of Finance exempts RBI from Section 206CCA of Income Tax Act, 1961 through Notification No. 46/2024 dated 27th May, 2024.

SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2024

May 27, 2024 1065 Views 0 comment Print

SEBI has introduced amendments to the Infrastructure Investment Trusts (InvIT) Regulations, enhancing governance and transparency. Learn about the latest updates.

CBDT exempt RBI from Higher TDS deduction under Section 206AB

May 27, 2024 3816 Views 0 comment Print

RBI exempted from Section 206AB of the Income Tax Act, 1961, via Ministry of Finance notification dated May 27, 2024. Learn more about the implications and details.

MCA Imposes Rs. 1.50 Lakh Penalty for Omission of CIN, Contact & Email ID on Letterhead

May 27, 2024 1131 Views 0 comment Print

Company not mentioned CIN, Contact & Email ID on letter head: MCA imposes Penalty of Rs. 1.50 Lakh on Tanman Jewels Private Limited

MCA Imposes Penalty for not Attaching Explanatory Statement with Resolution

May 27, 2024 357 Views 0 comment Print

Learn about the penalty imposed on Tanman Jewels Pvt Ltd by the Registrar of Companies for not attaching an explanatory statement with a resolution filed, in violation of the Companies Act 2013.

Non-filing of e-Form BEN-2: MCA Imposes ₹14 Lakh Penalty for Section 90(4) Violation

May 27, 2024 12819 Views 0 comment Print

MCA penalizes Sunjin India Feeds Private Limited Rs. 14 lakh for not filing e-Form BEN-2, violating Section 90(4) of the Companies Act, 2013.

MCA Imposes ₹15 Lakh Penalty: Section 42(5) Private Placement Violation

May 27, 2024 12009 Views 0 comment Print

The facts of case reveal that Ambium Finserve issued debentures on a private placement basis without completing first allotment, which constitutes a violation of Section 42(5).

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