Authorities held that filing incorrect statutory forms attracts penalty even if later correction is sought. The ruling reinforces that rectification does not erase liability for defective filings under company law.
DGFT revised Appendix 4B to update banks permitted to import gold and silver. The notice clarifies authorized entities and validity period till 2029, ensuring regulatory clarity.
The government has shifted Grade A and B baryte to the restricted category requiring DGFT approval. The move aims to regulate export of high-value mineral resources.
DGFT extends RELIEF scheme benefits to Egypt and Jordan to support exporters impacted by global logistics issues. The move widens export facilitation coverage under EPM.
The government excludes Lithograde aluminum coils above 1150 mm width from anti-dumping duty. The change follows court directions and revised DGTR findings.
Due to technical issues on the new tax portal, late fees for Profession Tax returns were waived if tax was paid by 15 March 2026. The circular provides relief but maintains interest liability.
The ROC penalized the company for filing incorrect AGM details in AOC-4 despite claiming it was inadvertent. The ruling confirms that even minor errors in statutory filings attract penalties.
The ROC penalized the company for reporting the wrong AGM date in two statutory filings. The ruling confirms that even inadvertent errors in multiple forms attract cumulative penalties.
SEBI reduced the threshold under Regulation 10(c) from ₹2 lakh to ₹1,000, easing compliance requirements. The move simplifies regulatory entry barriers for AIF participants.
SEBI reduced the minimum credit risk value from 12 to 10 under REIT regulations. This change broadens investment eligibility and modifies compliance requirements.
