IFSCA has advised regulated entities in the IFSC dealing with retail consumers to publish Consumer Charters on their websites ...

DGFT notified the enlistment of fourteen new Pre-Shipment Inspection Agencies under Appendix-2G of FTP 2023. The agencies are now authorized to issue Pre-Shipment Inspection Certificates through the ...

The ITAT held that reassessment notices issued on 25.07.2022 were time-barred since the Revenue had only one surviving day left under the Supreme Court’s Rajeev Bansal limitation ...

Pune ITAT held that accounting reclassification entries and journal adjustments require proper verification before being ...

The analysis explains how foreign investor selling, geopolitical instability, and rising oil prices contributed to the recent decline in the Nifty 50 index. It also highlights sectors supporting India ...

The article examines whether income tax, GST, and capital gains taxation are placing excessive pressure on hardworking taxpayers. It highlights concerns about high compliance costs, cash flow issues, ...

The article explains how Rule 14A promises GST registration within three days but may create serious compliance challenges for growing businesses. It highlights portal restrictions, withdrawal hurdles ...

The compliance calendar provides a consolidated list of regulatory filings applicable to SME listed companies under SEBI regulations and NSE circulars. It includes timelines, provisions, and filing ...

RBI amended the capital adequacy norms for Payments Banks by revising rules for inclusion of quarterly profits in CET1 capital. The new framework allows quarterly profit recognition subject to audit ...

Pune ITAT observed that reassessment proceedings initiated beyond three years may not be maintainable where the alleged escaped income is below ₹50 lakh. The matter was remanded for verification of ...

Madras High Court directed authorities to defer GST proceedings relating to royalty and seigniorage fees for quarrying minerals until the Supreme Court decides the larger dispute. The petitions were ...

Gauhati High Court held that proceedings initiated through a time-barred show cause notice under Section 73(1) of the Finance Act were without jurisdiction. The adjudication order was consequently ...