CAclubindia Articles

Foreign Exchange Management Act (FEMA) Compounding: Common Queries Answered

Mitali 05 October 2024 at 17:10

For the purposes of compounding, the provisions under FEMA, the Foreign Exchange (Compounding Proceedings) Rules, 2024 and Directions - Compounding of Contraventions under FEMA, 1999, ‘may be referred to.

GST on Mining Royalty Post 9 Judge bench SC decision - Is it attained finality?

CA Venkatprasad Pasupuleti 05 October 2024 at 15:16

The State Government collects Royalty/Seigniorage charges as per the provisions of Mines and Minerals (Regulation and Development) Act, 1957 (MMDR Act for brevity hereinafter) read with rules framed by the concerned State Government from the lessee of the Mining site.

Common Time Limit for Demand Notices: Key Implications for Cases Involving Fraud, Suppression, or Willful Misstatement

Bimal Jain 05 October 2024 at 14:19

Common time limit for issuing demand notices and orders, regardless of whether the case involves fraud, suppression or willful misstatement

Sustainable Compliance: Integrating Environmental, Social and Governance (ESG) Factors

Affluence Advisory 05 October 2024 at 08:52

Environmental, social and governance ("ESG") criteria are a set of standards for a company's operations that socially conscious investors use to screen potential investments. ESG factors have become increasingly important in the last several years.

How Section 194F Impacts Mutual Fund Investment Process in India

Ishita Ramani 05 October 2024 at 08:46

This article provides insights into how Section 194F influences the mutual fund investment procedure, the responsibilities of fund homes, and the effects on investors.

How to Claim the Foreign Tax Credit with Form 67

CA Arun Tiwari 04 October 2024 at 14:40

This guide focuses on Form 67 and helps one get the most from every opportunity that enables one to optimise their tax position.

Chinese Stimulus: The Key to China's Economic Shift and Global Recovery

Affluence Advisory 04 October 2024 at 08:43

Internally, problems such as the property crisis, sluggish household spending, and an aging population have further complicated the situation.

Tax Audit Due Date Extended: Boon for Taxpayers or an Unneeded Measure?

Sahil Jaiswal 03 October 2024 at 10:30

The extension of tax audit due dates often sparks debate between taxpayers and authorities. Whether it’s seen as a boon or an unnecessary measure largely depends on the perspective and context surrounding the decision.