MCA imposed penalties on CFS Netralaya Private Limited for not holding the minimum number of Board meetings as per the Companies Act, 2013.
CBIC notifies Exchange rate of Turkish Lira for Import & Export wef 08.06.2023 vide Notification No. 40/2023- Customs (N.T.) Dated: 07th June, 2023. Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs ***** Notification No. 40/2023- Customs (N.T.) | Dated: 07th June, 2023 In exercise of the powers […]
Notification No. 36/2023-Income Tax, provides tax exemptions under section 10(23FE) for foreign pension fund – 2743298 Ontario Limited, for eligible investments made in India
Reserve Bank of India (RBI) releases an updated Alert List of unauthorized Forex trading platforms. Stay informed to safeguard your investments.
Explore e-Appeals Scheme, 2023 launched by CBDT and gain insights into related joint and additional commissioner appointments across India.
RBI announced enhancements to Trade Receivables Discounting System (TReDS), aiming to alleviate liquidity constraints for MSMEs.
This order concerns disciplinary proceedings against Mr. Sai Ramesh Kanuparthi, an Insolvency Professional (IP), regarding his conduct in the liquidation process of M/s Konaseema Gas Power Limited. Mr. Kanuparthi has been accused of contravening several regulations and codes of conduct, including the sale of assets without adhering to prescribed procedures and failing to value or […]
Analysis of Circular No. 16/2023 -Cus on Supreme Court’s judgment on ‘pre-import condition’ and its implications on IGST & Compensation Cess
Circular No. 15/2023-Customs discusses the introduction of mandatory additional qualifiers in import/export declarations for certain products, effective from 1st July 2023. Circular No. 15/2023-Customs refers to the earlier Circular 55/2020-Customs, which encouraged importers to voluntarily provide comprehensive product descriptions and additional parameters for imported goods. The intent was to minimize queries and optimize assessment efficiency. […]
MCA has issued an adjudication order imposing penalties on Strong Infracon Private Limited, which was amalgamated with Elite Realcon Private Limited. The penalties are for non-compliance with Section 158 of the Companies Act, 2013, regarding the mention of Director Identification Numbers (DINs).