Stay Informed, Invest Smarter: Latest Financial News at Middle Class Wallet

Empower your financial future with reliable and up-to-date financial news at Middle Class Wallet. Our website provides easy-to-understand articles on the latest market trends, investment opportunities, personal finance tips, and more. Stay informed and make smarter financial decisions with Middle Class Wallet.

(Sources:  1. taxguru.in & 2. moneycontrol.com )
  • Moratorium excludes government-notified transactions of essential goods/services & surety in a contract of guarantee
    by CA Sandeep Kanoi on June 21, 2024 at 5:00 am

    Read the full text of NCLT Delhi's judgment in Manish Aneja & Ors. Vs Revital Reality Private Limited under Insolvency and Bankruptcy Code, 2016, Section 7. Financial creditors seek CIRP for default on Rs. 31.22 Cr debt. The post Moratorium excludes government-notified transactions of essential goods/services & surety in a contract of guarantee appeared first on TaxGuru.

  • Madras HC dismisses Writ against Income Tax Director & Mining Firm
    by CA Sandeep Kanoi on June 21, 2024 at 4:54 am

    Read the detailed judgment of Madras High Court dismissing a writ petition due to lack of locus standi and incomplete parties, involving Income Tax Director and S. R. S. Mining. The post Madras HC dismisses Writ against Income Tax Director & Mining Firm appeared first on TaxGuru.

  • Kerala HC Directs ITAT to Expedite Delay Condonation Case
    by CA Sandeep Kanoi on June 21, 2024 at 4:51 am

    Kerala HC directs ITAT to expedite delay condonation application of Paravur Service Co-Operative Bank Ltd., ensuring fair consideration of statutory rights. The post Kerala HC Directs ITAT to Expedite Delay Condonation Case appeared first on TaxGuru.

  • NCLT/NCLAT is Not the Proper Forum for Individual Share Transfer Disputes: HC
    by CA Sandeep Kanoi on June 21, 2024 at 4:42 am

    Explore the Telangana High Court judgment on Cherukuri Ramakrishna vs Sandhya Hotel Pvt Ltd. Detailed analysis of rejection of plaint under Companies Act provisions and arbitration clause. The post NCLT/NCLAT is Not the Proper Forum for Individual Share Transfer Disputes: HC appeared first on TaxGuru.

  • Special call auction mechanism for price discovery of scrips of listed ICs/IHCs
    by editor7 on June 21, 2024 at 3:56 am

    Discover SEBI new special call auction mechanism for listed Investment Companies (ICs) and Investment Holding Companies (IHCs) to enhance price discovery and investor confidence. The post Special call auction mechanism for price discovery of scrips of listed ICs/IHCs appeared first on TaxGuru.

  • SEBI modifies duration for Call Auction in pre-open session for IPO & Relisted scrips
    by editor on June 21, 2024 at 3:55 am

    SEBI's latest circular modifies call auction rules for IPOs and relisted scrips to prevent market manipulation. Learn about the new guidelines and surveillance measures. The post SEBI modifies duration for Call Auction in pre-open session for IPO & Relisted scrips appeared first on TaxGuru.

  • SEBI Circular on System Audit of Professional Clearing Members (PCMs)
    by Editor6 on June 21, 2024 at 3:54 am

    Explore SEBIs latest circular requiring system audits for Professional Clearing Members (PCMs). Learn about the framework, compliance guidelines, and impact on market regulation. The post SEBI Circular on System Audit of Professional Clearing Members (PCMs) appeared first on TaxGuru.

  • SEBI Circular on Core SGF & Default Waterfall Guidelines for Limited PLCC
    by Editor6 on June 21, 2024 at 3:53 am

    Explore SEBIs latest circular on Core SGF contributions and default waterfall guidelines for Limited Purpose Clearing Corporations. Read the detailed analysis and implications. The post SEBI Circular on Core SGF & Default Waterfall Guidelines for Limited PLCC appeared first on TaxGuru.

  • 53rd GST Council Meeting: Hopes and Expectations for 22nd June’2024
    by MANOJGHY on June 21, 2024 at 3:37 am

    Explore expectations from upcoming 53rd GST Council meeting scheduled for June 22nd, 2024. Key issues like dual jurisdiction, notice system improvements, litigation control, ITC provisions, penalty rationalization, and registration concerns are analyzed. The post 53rd GST Council Meeting: Hopes and Expectations for 22nd June’2024 appeared first on TaxGuru.

  • जीएसटी कौंसिल की 53वी मीटिंग: आशाएं एवं अपेक्षाएं
    by MANOJGHY on June 21, 2024 at 3:21 am

    हाल ही मे हमारे देश मे आम चुनावों के पश्चात केंद्र मे एक बार पुनः माननीय प्रधानमंत्री श्री नरेंद्र मोदी जी के नेतृत्व मे सरकार का गठन हुआ है। एक बार फिर माननीय श्रीमती निर्मला सीतारमण जी को वित्त विभाग सौंपा गया है। चुनावी नतीजों के पश्चात् व्यापारीवर्ग व कर पेशेवरों के बीच अटकलों का The post जीएसटी कौंसिल की 53वी मीटिंग: आशाएं एवं अपेक्षाएं appeared first on TaxGuru.