IFSCA invites public feedback on proposed amendments to the IFSC Insurance Regulations, 2022. Submit suggestions by September 23, 2024, via email.
Apply by 16.09.2024 for empanelment as Concurrent Auditors of The H.P. State Cooperative Bank Ltd. for FY 2024-25. Selection criteria and details inside.
A working paper highlights the need to revise the methodology for computing household savings in India securities market. Changes proposed for better accuracy.
Explore allowable tax deductions for AY 2025-26, covering salaries, house property, business, and personal expenses. Maximize your tax benefits today.
Explore the evolving taxation rules on share buybacks from 1999 to 2024, with key changes shifting tax liabilities from companies to shareholders under the new provisions of the Finance Act 2024.
Explore essential RBI guidelines for NBFCs in India, including CIC membership, FIU-IND registration, CKYC, Fair Practice Code compliance, AML/CFT training, risk management policies, and timely returns.
Explore how the Income Tax Act continues to grow more complex despite repeated assurances of simplification. Discover why new reforms and codes add to the complexity of direct tax laws.
Supreme Court held that amendment to Section 80DD of the Income Tax Act by virtue of the Finance Act, 2022 is effective only from 1st April 2023 and the same cannot be given retrospective effect.
Madhya Pradesh High Court held that an appeal to the High Court from a decision of the Tribunal lies only when a substantial question of law is involved. Appeal dismissed in absence of substantial question of law.
Delhi High Court held that determination as carried out by the Designated Authority under Direct Tax Vivad Se Vishwas Act, 2020 [DTVSV Act] is clearly rendered finality and cannot possibly be reopened or revised by any authority under the Income Tax Act. Accordingly, rectification notice issued u/s. 154 quashed.
