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Archive: October, 2023

Posts in October, 2023

RBI Enhances Bulk Deposit Limit for RRBs

October 26, 2023 1050 Views 0 comment Print

The Reserve Bank of India (RBI) has reviewed instructions on bulk deposits for Regional Rural Banks (RRBs), raising the limit to Rupees one crore. Learn more

Non-Callable Deposits – Master Direction on Interest Rate on Deposits

October 26, 2023 1887 Views 0 comment Print

The RBI has increased the minimum amount for non-callable deposits from ₹15 lakh to ₹1 crore, impacting domestic and Non-Resident (NRE/NRO) term deposits. Learn more

RBI: Strengthening Customer Service by CICs and CIs

October 26, 2023 3393 Views 0 comment Print

RBI directs Credit Information Companies (CICs) and Credit Institutions (CIs) to enhance customer service through various measures.

RBI Compensation Framework for Credit Information Delays

October 26, 2023 3048 Views 0 comment Print

Reserve Bank of India (RBI) introduces a compensation mechanism for delays in updating or rectifying credit information, benefiting consumers and ensuring timely resolutions

Customs Duty Drawback: Revised Rates and Implications

October 26, 2023 3927 Views 0 comment Print

Explore the latest circular by the Ministry of Finance – CBIC, regarding the revision of All Industry Rates (AIRs) of Duty Drawback, effective from October 30, 2023

Corrigendum-II dated 26.10.2023 to notification No. 33/2022-Customs (ADD)

October 26, 2023 1656 Views 0 comment Print

Explore the latest changes to the Customs Tariff Act with the Ministry of Finance Corrigendum II. Understand the impact and important updates

CBIC Notification: Eligible Registered Persons for IGST Route Refunds

October 26, 2023 3366 Views 0 comment Print

CBIC notifies supplies and class of registered person eligible for refund under IGST Route vide Notification No. 05/2023 – Integrated Tax Dated : 26th October, 2023.

Central Goods and Services Tax (Fourth Amendment) Rules, 2023

October 26, 2023 10203 Views 0 comment Print

CBIC amends Rule 28, Rule 142, Rule 159, FORM GST REG-01, FORM GST REG-08, FORM GSTR-8, FORM GST PCT-01 and FORM GST DRC-22.

Competition (Form of Publication of Guidelines) Rules, 2023

October 26, 2023 672 Views 0 comment Print

Stay informed about the latest Competition Act guidelines with the Ministry of Corporate Affairs new rules in 2023. Learn the key provisions and their impact

Government Notifies Section 64B of Competition Act, 2002 from 26.10.2023

October 26, 2023 1437 Views 0 comment Print

Discover the implications of the government’s notification on Section 64B of the Competition Act, effective from October 26, 2023. Learn about the newly inserted sections and their impact.

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