penalties

Bank

Income Tax Department Warns of Penalties for Delayed SFT Filing.

Nidhi Mishra - May 30, 2023

The Income Tax Department has issued a warning stating that delayed filing of Statement of Financial Transactions (SFT) will attract penalties. This announcement highlights...

Bank

FinMin applies an amnesty scheme for traders failing to meet the export obligation.

Nidhi Mishra - May 19, 2023

The Finance Ministry has introduced an amnesty scheme for traders who have failed to meet their export obligations. The scheme aims to provide relief...

Bank

Sebi’s Shirpur Gold Refinery Order Raised Before NCLT, May Bite Goenkas

Nidhi Mishra - May 12, 2023

In a significant legal development, the Securities and Exchange Board of India (Sebi)'s order against Shirpur Gold Refinery has been brought before the National...