The ministry is planning to enable the companies concerned to settle such claims after following the due processes and obtaining the IEPFA approval, said the person, who did not wish to be identified.
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Arbitrage funds are a type of mutual fund that aims to capitalize on price differentials in different markets or segments. The strategy involves buying assets in one market where the price is low and simultaneously selling the same or similar…
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Finance Minister Nirmala Sitharaman on Monday administered the oath of integrity and secrecy to Justice Sanjaya Kumar Mishra (Retd) as the President of the GST Appellate Tribunal (GSTAT).
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On Monday, the Supreme Court declined to address a plea filed by various traders’ associations contesting the legality of Section 43B(H) within the Income Tax Act. This section mandates that businesses settle their outstanding payments with micro, small, and medium…
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In an interim order, the HC has stayed the circular issued last Oct by the Central Board of Indirect Taxes and Customs (CBIC). This circular had held that a corporate guarantee given by a holding company to a bank or…
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ITC’s hotel business will not have any board representation from its largest shareholder, BAT, according to a demerger document. BAT will own 15.32% in ITC Hotels as foreign direct investment, making it the largest public shareholder after ITC’s promoter holding…
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