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Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold & Silver wef 01.03.2024

February 29, 2024 672 Views 0 comment Print

Discover the revised tariff values for palm oil, soybean oil, gold, and silver under India’s latest 2024 customs notification.

Violation of Section 101 of Companies Act: MCA Imposes Penalty

February 29, 2024 1284 Views 0 comment Print

Discover how WURKNET Pvt Ltd faced penalties under Sections 101 and 118 of the Companies Act for procedural violations. Understand the implications and legal repercussions in detail.

Master Direction: RBI (Bharat Bill Payment System) Directions, 2024

February 29, 2024 3534 Views 0 comment Print

Explore the Reserve Bank of Indias latest Master Direction on Bharat Bill Payment System (BBPS) 2024, streamlining bill payments and enhancing customer protection.

Merchanting Trade in Foreign Country Allowed, Except CITES/SCOMET Goods

February 29, 2024 1413 Views 0 comment Print

Explore the latest amendment (Notification No. 62/2023-DGFT) in Foreign Trade Policy 2023 by the Government of India. Understand the changes in Para 2.39 and its implications.

MCA Penalizes DGR Farms & Leisures Ltd. and Directors for Annual Returns Non-filing

February 28, 2024 828 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on DGR Farms & Leisures Limited and its directors for violating the Companies Act by failing to file annual returns. Details here.

MCA Imposes Penalty on DGR Farms for Non-filing of Balance Sheet

February 28, 2024 879 Views 0 comment Print

DGR Farms & Leisures Limited failed to file balance sheets for 4 years. The company and its directors must now pay a penalty of ₹1.68 lakh to ₹2 lakh each. This order by the Registrar of Companies highlights the importance of filing financial statements on time.

RBI Capital Adequacy Guidelines – Review of Trading Book

February 28, 2024 1617 Views 0 comment Print

Explore RBI’s latest update on Capital Adequacy Guidelines, focusing on the review of the trading book. Key changes, impacts, and applicability for commercial banks.

Delayed GST Registration Despite Successful Aadhar Authentication

February 28, 2024 7452 Views 0 comment Print

Understand instances of delays in registration despite Aadhaar authentication under Rule 8 & 9 CGST. Learn about processing timelines and online tracking updates.

Failure to comment on adverse remarks in auditors report: MCA penalises Company & Directors

February 28, 2024 1293 Views 0 comment Print

Nipponzone Securities Pvt Ltd fined ₹4 lakh for not addressing audit remarks as per Section 134(3)(f) of the Companies Act, 2013. Details of the adjudication order.

Mandatory Qualifiers in Import/Export Declarations (JNCH)

February 28, 2024 1947 Views 0 comment Print

New rules require additional product details in import/export declarations at JNCH, Nhava Sheva. This aims to improve efficiency, avoid delays, and enhance policymaking. Importers, exporters, and others impacted should follow the Public Notice guidelines.

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