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Archive: 26 July 2023

Posts in 26 July 2023

CBDT Clarification on Rule 114F(5) of Income Tax Rules

July 26, 2023 2298 Views 0 comment Print

Get the latest clarification from CBDT on Rule 114F(5) of the Income Tax Rules, 1962. Know the status of Treaty Qualified Retirement Fund and more.

GST Compensation Cess Rate Changes in Tobacco Products & Pan Masala

July 26, 2023 22512 Views 0 comment Print

CBIC notifies rate changes in Compensation Cess for Pan Masala and Tobacco Products as per 50th GST Council Meeting vide Notification No. 3/2023-Compensation Cess (Rate)

Births and Deaths (Amendment) Bill, 2023

July 26, 2023 3225 Views 0 comment Print

The Registration of Births and Deaths (Amendment) Bill, 2023 was introduced in the Lok Sabha on 26th July, 2023. The purpose of this Bill is to amend the Registration of Births and Deaths Act, 1969, to keep pace with societal changes and technological advancements. The proposed amendments aim to make the registration process more citizen-friendly […]

Mines and Minerals (Development and Regulation) commencement. Amendment Bill, 2023

July 26, 2023 1026 Views 0 comment Print

Mines and Minerals (Development and Regulation) Amendment Bill, 2023 was introduced in Lok Sabha on 26th July, 2023. The Bill aims to bring significant reforms to increase exploration and mining of critical and deep-seated minerals in India. It proposes the introduction of exploration licenses, auctioning of mining leases for critical minerals, and removal of certain […]

Correction in Income Tax Notification: Insertion of Annexure-II to Form No. 34E

July 26, 2023 834 Views 0 comment Print

CBDT issues a corrigendum notification, No. 53/2023-Income Tax, dated 26th July, 2023, to rectify an omission in Notification No. 37/2023-Income Tax, dated 12th June, 2023. The correction involves the insertion of Annexure-II to Form No. 34E.

SEBI Notifies Implementation Dates for Mutual Fund Regulations Amendments

July 26, 2023 429 Views 0 comment Print

SEBI has notified implementation dates for amendments to SEBI (Mutual Funds) Regulations, 2023. Certain provisions will come into force from 26th July 2023, while others will be effective from January 1, 2024.

Amendment to General Insurance Employees Pension Scheme 1995 & LIC Employees Pension Rule 1995

July 26, 2023 1485 Views 0 comment Print

Read about the latest amendment to General Insurance (Employees’) Pension Scheme 1995 and LIC Employees Pension Rule 1995 announced by Ministry of Finance in July 2023

Changes to New FTP, 2023: CBIC Notification No. 10/2023-Union Territory Tax (Rate)

July 26, 2023 1218 Views 0 comment Print

CBIC released Notification No. 10/2023-Union Territory Tax (Rate) on July 26, 2023, to implement consequential changes related to New Foreign Trade Policy, 2023, as recommended by 50th GST Council Meeting.

Changes to New FTP, 2023: CBIC Notification No. 10/2023-Integrated Tax (Rate)

July 26, 2023 1395 Views 0 comment Print

CBIC released Notification No. 10/2023-Integrated Tax (Rate) on July 26, 2023, to implement consequential changes related to New Foreign Trade Policy, 2023, as recommended by 50th GST Council Meeting.

Changes to New FTP, 2023: CBIC Notification No. 10/2023-Central Tax (Rate)

July 26, 2023 7185 Views 0 comment Print

CBIC has issued consequential changes related to the New Foreign Trade Policy, 2023, based on 50th GST Council Meeting recommendations. Find out amendments in Notification 10/2023-Central Tax (Rate).

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