March 2025 – Tax Calendar 2nd March Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194M & 194S in the month of January, 2025 7th March Due date for deposit of Tax deducted/collected for the month of February, 2024. 15th March 4th instalment of advance tax for the assessment year 2025-26 15th March […]
In today’s fast-moving business world, managing finances well is key to growth and long-term success. This is where a CFO (Chief Financial Officer) becomes important. But what exactly is a Virtual CFO, and how is it different from a traditional CFO? Simply put, a Virtual CFO offers expert financial advice and strategic planning to businesses, without the need for a […]
What is GIFT City and How is it Beneficial Gujarat International Finance Tec-City, better known as GIFT City, is a buzzing business district located in Gandhinagar, Gujarat. The vision behind it? To build a world-class finance and ITzone that not only caters to India but serves clients across the globe. It’s quickly becoming a global hub for financial and business […]
Diverging Economic Trajectories in the US and Eurozone In the last quarter of 2024, the economic fortunes of the US and eurozone diverged sharply. The US economy continued to demonstrate resilience, achieving a 0.6% growth in Q4 and a commendable annual increase of 2.8%, underpinned by strong consumer spending and sustained government expenditures. In contrast, the eurozone faced economic stagnation, […]
IFSCA issues a consultation Paper on SPV Framework under IFSCA (Fund Management) Regulations, 2022 International Financial Services Centres Authority (“IFSCA”) has issued a consultation paper with respect to Special Purpose Vehicle (“SPV”) under IFSCA (Fund Management) Regulations, 2022 (“FME Regulations”). The consultation paper proposes the operationalisation of SPV under the controlling scheme in order to facilitate the growth of funds […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of January, 2025 issued by SEBI and RBI. SEBI SEBI Investor website and Saarthi App offer free tools and resources for Investor Awareness and Education Securities and Exchange Board of India (SEBI), as part of its mandate to protect the interests of […]
Blackstone Inks MOUs To Invest $11 Bn In Maharashtra Over 3-5 Years Blackstone has signed three memoranda of understanding with the Maharashtra government at the World Economic Forum in Davos, committing an investment of approximately $11 billion (around INR 95,247 crores) over the next three to five years to develop infrastructure assets in the state. The agreements, made with Maharashtra […]
GST Calendar –Compliances for the month of January ’2025 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) February 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’) February 10, 2025 GSTR-1 February 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) February 13, 2025 GSTR-6 Input Service Distributor February 13, 2025 GSTR-2B (Auto Generated Statement) February 14, 2025 GSTR-3B […]
Clarification Regarding Orders under Section 201 Of The Income-Tax Act, 1961 Under E-Appeal Scheme, 2023 The CBDT vide Order F. NO. 225/17/2025-ITA-II, dated 28-1-2025 clarified that Orders passed u/s 201 in pursuance of action u/s 133A are appealable before CIT(A) under e-Appeal Scheme, 2023. NOTIFICATION G.S.R. 67(E) [NO. 9/2025/F.NO.370142/18/2024-TPL], DATED 21-1-2025 The CBDT vide insertion of new Rule 6GB – prescribes […]
As we enter 2025, the UK economy is navigating through a complex landscape, marked by ongoing inflationary pressures, slowing growth, and heightened global uncertainties. The latter part of 2024 revealed significant economic challenges, but there are reasons for cautious optimism as we look ahead. Economic policies, particularly increased government spending, could spur some growth, but several key factors will determine […]
IFSCA proposes amendments to FME regulations, aimed at improving enhancing ease of doing business GIFT City, India’s first International Financial Services Centre (IFSC), modelled as a global financial and IT hub and spread over ~886 acres provides a seamless integration of cutting edge infrastructure with modern urban planning. It was established with an aim to position India as a competitive […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of December, 2024 issued by SEBI. SEBI Allowing subscription to the issue of Non-Convertible Securities during trading window closure period 1.In terms of Clause 4(3)(b) of Schedule B read with sub-regulation (1) of Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, […]
Jubilant Bhartia Group To Buy 40% Stake In Coca-Cola’s Indian Bottler Jubilant Bhartia Group has announced its acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt Ltd, the parent company of Coca-Cola’s largest bottler in India. The move marks the group’s entry into India’s high-growth beverage sector. The financial terms of the deal have not been disclosed, although media […]