DGFT modifies export policy for cough syrup, exempting mandatory testing under specific conditions for exports to countries with approved regulatory standards.
CBDT designates OCAC Chairman for identifying genuine beneficiaries of Odisha’s social welfare schemes under Section 138 of the Income Tax Act, 1961.
TDS on agents commission reduced from 5% to 2% as per the Finance Bill 2024. New rate effective from October 1, 2024, under Section 194H of Income Tax Act.
India hosts WCO Asia-Pacific meeting, discusses customs cooperation with Japan. DRI seizes smuggled e-cigarettes and ESSE brand cigarettes in major operations.
The Government of India keeps interest rates unchanged for Small Savings Schemes for Q3 FY 2024-25, effective from October 1 to December 31, 2024.
CA Raju Mal Bardia fined ₹20,000 for failing to comply with auditing standards under the Companies Act, 2013 regarding Olympus Vanijya Private Limited.
Khattu Housing Solutions Pvt Ltd faces ₹1 lakh penalty for violating Section 158 of Companies Act, 2013, as per ROC Kolkata order. Appeal within 60 days.
The Government extends the Interest Equalisation Scheme for Rupee Export Credit until December 31, 2024, with revised MSME benefits.
RBI identifies irregularities in gold loans, urging banks and NBFCs to review practices like valuation, LTV monitoring, KYC, and compliance with cash disbursal limits.
Notification No. 45/2024 amends various Customs notifications to align HS Codes with the Finance Act 2024, effective from 1st October 2024.
