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Archive: 30 June 2023

Posts in 30 June 2023

Empirical Understanding of Default Loss Guarantee in Digital Lending Space

June 30, 2023 1065 Views 1 comment Print

The question of existing contractual arrangements of default structured Guarantee is not tenable here as RBI puts complete prohibition on Default structured Guarantee arrangement treating them as synthetic securitisation transaction by providing reference to the master direction– Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021

Direction to State & Govt Agencies given to calculate tax difference in works contract post-GST

June 30, 2023 1140 Views 0 comment Print

Karnataka High Court directed the State and Government Agencies to calculate ‘tax difference’ on balance works executed or to be executed after 01.07.2017. In nut-shell, court directed to determine the pre-GST and post-GST tax difference in case of works contract.

Understanding YouTube’s Monetization Policies

June 30, 2023 741 Views 0 comment Print

So, you’re wondering, how many views do I need on YouTube to make money? The answer isn’t as simple as a specific number. YouTube’s monetization policies are complex, and numerous factors go into how much you can earn from your views.

Accommodation Entries as Unaccounted Money – HC dismisses Writ petition

June 30, 2023 426 Views 0 comment Print

Calcutta HC dismisses writ petition challenging order accusing petitioner of benefiting from unaccounted money through accommodation entries

Mandatory Additional Qualifiers in Import/Export Declarations

June 30, 2023 3021 Views 0 comment Print

Circular No. 18/2023-Customs issued by the Government of India’s Ministry of Finance announces the extension of the due date for mandatory declaration of additional qualifiers in import/export declarations. Learn more about the new implementation date and the changes in this circular.

New rule related to use of international credit cards while outside India

June 30, 2023 1758 Views 0 comment Print

Amendment in Foreign Exchange Management (Current Account Transactions) Rules, 2000. The amendment introduces a new rule regarding the use of international credit cards while outside India. Stay informed about the changes and their implications.

Notification No. 49/2023-Customs (N.T.), Dated: 30.06.2023

June 30, 2023 1530 Views 0 comment Print

Ministry of Finance has issued Notification No. 49/2023-Customs (N.T.) on 30th June 2023, bringing further amendments to Notification No.18/2023-Customs (N.T.) dated 30th March 2023. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 49/2023-Customs (N.T.) | Dated: 30th June, 2023 S.O. 2831(E).—In exercise of the powers conferred by sub-section […]

Notification No. 48/2023-Customs (N.T.) | Dated: 30th June, 2023

June 30, 2023 1002 Views 0 comment Print

Ministry of Finance has issued Notification No. 48/2023-Customs (N.T.) on 30th June 2023, bringing further amendments to Notification No.19/2022-Customs (N.T.) dated 30th March 2022.

Penalty Imposed by MCA for Failure to Paginate and Sign Minute Book Pages

June 30, 2023 4305 Views 0 comment Print

Read the adjudication order issued by the Office of the Registrar of Companies, Maharashtra, Pune, where penalties have been imposed on Madhyam Agrivet Industries Limited for not paginating and signing blank pages in their minute book. Understand the provisions violated and the penalties levied under the Companies Act.

Updated Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver – Notification 47/2023-Customs

June 30, 2023 765 Views 0 comment Print

Get the latest notification (No. 47/2023-Customs) issued by Ministry of Finance, regarding fixation of tariff values for edible oils, brass scrap, areca nut, gold, and silver.

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