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Notifications/Circulars

Company Penalized for Failing to Maintain Director-Related Contracts Register

September 28, 2023 4683 Views 0 comment Print

Oragem Exim Private Limited faced penalties from the MCA for not maintaining a register of contracts or arrangements involving directors, as required by Section 189 of Companies Act, 2013. Details of the violation and penalties explained.

IBBI Clarification on Liquidators’ Fee Calculation

September 28, 2023 4377 Views 0 comment Print

Explore IBBI recent circular clarifying calculation of liquidators’ fees under Regulation 4(2)(b) of IBBI (Liquidation Process) Regulations, 2016.

SEBI Circular: Extension of Nomination Timelines for Mutual Fund Unit Holders

September 27, 2023 1524 Views 0 comment Print

SEBI extends deadline for mutual fund unit holders to nominate or opt out of nomination to January 1, 2024. Learn about new timeline and requirements.

Advisory: Temporary/Short Period Pause in e-Invoice Auto Population into GSTR-1

September 27, 2023 13272 Views 2 comments Print

Important advisory: The auto population of e-Invoice data in GSTR-1 will be temporarily halted from 26th to 29th September 2023 due to system upgrades. Details provided.

Failure to transfer unspent CSR : MCA imposes 33.83 Lakh Penalty

September 27, 2023 5331 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes a penalty of 33.83 lakhs on M/s Jayem Automotives Private Limited and its directors for not transferring unspent CSR funds. Learn about the case, provisions of the Companies Act, and the penalty details.

Medical Textiles (Quality Control) Order, 2023

September 27, 2023 1656 Views 0 comment Print

Delve into Medical Textiles Quality Control Order 2023 issued by Ministry of Textiles. Explore its implications, standards, and enforcement for medical textile products.

Agro Textiles (Quality Control) Order, 2023

September 27, 2023 927 Views 0 comment Print

Learn about the Agro Textiles Quality Control Order 2023 issued by the Ministry of Textiles. Explore standards, enforcement, and its impact on the agro industry.

CBDT issued Procedure for Income Tax Deduction Certificate Applications via TRACES

September 27, 2023 18567 Views 1 comment Print

Learn about the updated procedure, format, and standards for applying for an income tax certificate under Section 197 of the Income-tax Act in India. Effective from October 1, 2023

Customs Act : Section 51 Deposit Exemption Extended to Dec 1, 2023

September 27, 2023 795 Views 0 comment Print

Ministry of Finance extends deposit exemption from Section 51 of Customs Act, 1962, until December 1, 2023, through Notification No. 70/2023-Customs (N.T.).

CBIC exempt deposits into ECL till 30th November 2023

September 27, 2023 1017 Views 0 comment Print

Ministry of Finance extends the exemption for deposits into ECL until November 30, 2023, through an amendment to the Customs Act. Learn more in this article.

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