The Telecom Regulatory Authority of India (TRAI), in order to address the ongoing menace of spam calls and malicious communications, held a meeting with all major Telecom Service Providers on August 8, 2024. The aim was to regulate and tighten the control over unwanted communications. such as spam calls and bulk commercial messages. The following […]
Read More →The National Green Tribunal (NGT), has been striving to create a compensation scale for violations of Biomedical Waste Management Rules, 2016 (BMWM Rules, 2016) for protecting environment from Human induced damages wherein CPCB and SPCB were directed to frame such methodologies. In furtherance to aims of NGT, CPCB created a scale to aid in recovering […]
Read More →first published on Financial Express (India) Ethical business practices are often perceived to be an add-on to adhering to compliance. Refraining from conforming with compliance translates into not obeying the law of the land and can lead to penalties and in some cases stringent ones. But, ethics go beyond law. It shows the intent of […]
Read More →Ministry of Corporate Affairs vide its notification dated 24th September, 2024 has notified that for the Financial Year 2023 – 2024, Form CSR – 2 shall be filed on or before 31st December, 2024. This CSR-2 return must be filed separately from the AOC-4, which is the annual return form due within 30 days of […]
Read More →The Ministry of Corporate Affairs (MCA) has announced four important notifications effective from September 10, 2024. These updates pertain to notifying CCI for mergers and acquisitions under the Competition Act. Here’s a brief overview of these notifications entail: Provisions Notified Under the Competition (Amendment) Act, 2023: The notifications put into effect specific provisions from the […]
Read More →Introduction: Asset management companies (AMCs) play a crucial role in the financial markets, handling vast amounts of capital and making investment decisions that can significantly impact the market. With such responsibilities, AMCs will now have to put in place institutional mechanisms for identification and deterrence of potential market abuse, including front-running and fraudulent transactions in […]
Read More →Telecom Regulatory Authority of India (TRAI) has issued important guidelines under Telecom Commercial Communications Customer Preference Regulations, 2018 (TCCCPR 2018) with respect to the sending of commercial communication using telecom resources through Voice Calls or SMS to prevent Unsolicited Commercial Communications (UCC). The senders of commercial communications such as banks, insurance companies, stockbrokers, SMEs or […]
Read More →Cinematograph (Certification) Rules, 2024, notified by the Ministry of Information and Broadcasting, Government of India in supersession of the Cinematograph (Certification) Rules, 1983. The long-standing Cinematograph (Certification) Rules of 1983 have been replaced by a comprehensive overhaul of the certification procedure, marking a significant step towards modernizing and streamlining the certification of films for public […]
Read More →Ministry of Corporate Affairs has mandated dematerialisation of Securities of Private Companies, which are not small company as per audited financial statements for financial year ending on or after 31st March 2023 within eighteen months from the close of such financial year. Small company means a private company having paid up capital not exceeding Rs. […]
Read More →Section 35D of the Income Tax Act, 1961, provides for the amortization of certain preliminary expenses incurred by a business or profession. These expenses are incurred before the commencement of the business or profession and include expenses such as legal fees, registration fees, and incorporation fees for claiming deduction assessee has to submit the form 3AF. […]
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