This explains the mandatory conditions for supplying goods at a concessional GST rate to merchant exporters. It highlights the documentation, verification, and timelines required to retain tax benefits and avoid liability.
A practical overview of the legal procedure, timelines, and filings required for buy-back of shares, highlighting compliance essentials and statutory safeguards.
The updated law clarifies how stay duration and income thresholds determine tax residency status. It holds that only crossing the 182-day limit leads to global taxation, while RNOR status protects foreign income.
The new law reorganizes provisions and reduces complexity without changing tax policies, ensuring easier compliance and continuity for taxpayers.
The circular addresses continued trade challenges caused by maritime disruptions. The Board extended the validity of multiple facilitative circulars without altering existing conditions.
The update introduces four new input-output norms for specified chemical products. It allows direct approvals by authorities, reducing delays and improving consistency in export processes.
SEBI suggests relaxing concentration limits for RBI-regulated entities. This change aims to enable listing of single-asset securitisation structures. The proposal seeks to boost market participation and flexibility.
The issue involves publication of the draft panel for statutory auditor appointments. ICAI has released the list based on existing guidelines, allowing applicants to review and raise queries before finalization.
The update addresses regulatory relief for NBFCs without public funds or customer interface. It allows eligible entities to operate without registration while ensuring continued oversight and compliance safeguards.
The removal of the provision means companies and investors are no longer taxed on share premiums exceeding fair market value, creating a major policy shift.
