State Bank of India (SBI), in the XVIII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches ( as per list enclosed) w.e.f. 01.10.2021 to 10.10.2021.
a. Rule no.132 shall come into force from the 1st day of October, 2022. b. An application requesting for re-computation of total income of the previous year without allowing the claim for deduction of surcharge or cess, which was claimed and allowed as deduction u/s 40 of the Act in the said previous year as stood before such retrospective amendment, shall be made in Form No.69.
Understanding the simplified GST amendments effective from 01.10.2022. Discover the restrictions on availing ITC under the new Finance Act 2022.
Competent Authority appointed under FEMA has confirmed the seizure order of Rs. 5551.27 Crore dated 29.04.2022 passed by the ED against Xiaomi Technology India Private Limited under the provisions of FEMA. Press Release – 30.09.2022 The Competent Authority appointed under Section 37A of the Foreign Exchange Management Act has confirmed the seizure order of Rs. 5551.27 […]
ED has freezed bank account balance to the tune of Rs. 21.14 Crore, of M/s OctaFX and related entities in the case of Illegal Online Forex Trading through International Brokers namely OctaFx Trading App and website www.octafx.com under FEMA. Press Release – 29.09.2022 Directorate of Enforcement (ED) has freezed Account balance to the tune of Rs. […]
ED has carried out search operation and freezed account balances of Rs. 9.82 Crore of various Chinese controlled entities in respect of an investigation relating to the misuse of App-based token named ‘HPZ’ and other similar applications by several entities. Total freezing in this case now stands at Rs. 56.49 Crore. Press Release – 29.09.2022 Directorate […]
ED has freezed the crypto currencies [WRX (utility token of WazirX) and USDT (Tether, an Ethereum token that is pegged to the value of a U.S. dollar)] equivalent to Rs 47.64 Lakhs under PMLA, 2002, in respect to an investigation being conducted against one Aamir Khan and others relating to the Mobile Gaming Application, namely E-nuggets. […]
ED has conducted searches in 3 premises pertaining to M/s Coda Payments India Pvt Ltd in connection with an ongoing investigation under PMLA, 2002 Press Release – 27.09.2022 Directorate of Enforcement (ED) has conducted searches in 3 premises pertaining to M/s Coda Payments India Pvt Ltd in connection with an ongoing investigation under Prevention of Money […]
Seeks to further amend Notification No. 04/2022-Central Excise, dated the 30th June, 2022, to decrease Special Additional Excise Duty (SAED) on Diesel to Rs. 3.50 per litre| Notification No. 33/2022-Central Excise | Dated: 01.10.2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 33/2022-Central Excise | Dated: 01.10.2022 G.S.R. 756(E).—In exercise of the powers conferred […]
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to decrease the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. Rs. 8,000 per tonne and on export of Aviation Turbine Fuel to Rs. Nil per litre| Notification No. 32/2022-Central Excise | Dated: 01.10.2022 MINISTRY OF FINANCE (Department of Revenue) […]
