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
GST Calendar –Compliances for December ’2024 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) January 10,2025 GSTR-8 (Tax Collected at Source ‘TCS’) January 10,2025 GSTR-1 January 11,2025 IFF- Invoice furnishing facility (Availing QRMP) January 13,2025 GSTR-6 Input Service Distributor January 13,2025 GSTR-2B (Auto Generated Statement) January 14,2025 GSTR-3B January 20,2025 GSTR-5 (Non-Resident Taxable Person) January 20,2025 GSTR-5A
CBDT extends due date for filing belated/revised ITR for AY 2024-25 The CBDT vide circular no. 21/2024 dated 31.12.2024 has extended the last date for furnishing a belated return of income or for furnishing a revised return of income for the Assessment Year 2024-25 in the case of resident individuals from 31st December 2024 to 15th January 2025. CBDT modifies
Staying updated with tax deadlines is crucial to avoid penalties and ensure compliance with Indian tax laws. The tax calendar 2025 includes key due dates related to Direct Taxes, Income Tax and GST, covering TDS (Tax Deducted at Source), TCS (Tax Collected at Source), advance tax payments, and various return filings. Taxpayers must be aware of the due date for
Mergers and acquisitions (M&A) are two of the most powerful strategies in business growth and expansion. Whether you’re a startup looking to scale quickly, a large corporation aiming to consolidate your market position, or an investor eyeing new opportunities, understanding the M&A process is crucial. This guide will take you through the basics, reasons, challenges, and best practices for navigating
December 2024 – Tax Calendar 7th Dec Due date for deposit of Tax deducted/collected for the month of November, 2024. 15th Dec 3rd instalment of advance tax for the AY 2025-26 15th Dec Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, 194M & 194S in the month of October, 2024 15th Dec [Extended] Return of
As the year ends, the UK economy finds itself at a crossroads, with growth slowing, confidence wavering, and global uncertainty adding to domestic pressures. The economy’s resilience is being tested by challenges across sectors, while policymakers and businesses adapt to an evolving landscape. This report delves into the key highlights of the UK and US economies, as well as the
In this edition we have tried to bring to your notice, the latest amendments that followed in the month of November, 2024 issued by RBI and SEBI. RBI UPDATE RBI unveils framework for FPI to FDI investment reclassification (November 11, 2024) The Reserve Bank of India (RBI) has introduced an operational framework for the reclassification of investments made by Foreign
Bain Capital Raises $9 Bn for Special Situations Fund Bain Capital, which recently became a shareholder in an Indian auto component and construction equipment manufacturer, has successfully completed fundraising for its latest special situations fund. With this raise, the firm has emerged as one of the largest investors in the special situations space globally. Bain Capital has successfully raised $9