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Foreign Exchange Management (Overseas Investment) Directions, 2022 – Investments in Overseas Funds

June 7, 2024 2238 Views 0 comment Print

Read about RBI’s latest circular updating regulations for overseas investments, impacting Indian entities and individuals. Detailed changes and implications discussed.

Form GST SRM-II is now available on GST portal: GSTN

June 7, 2024 2616 Views 0 comment Print

Now, the second form namely, Form GST SRM-II is also available on the portal. Taxpayers dealing in the manufacture of Pan Masala and Tobacco products can now report the details of inputs and outputs procured and consumed for the relevant month.

Honey Grading and Marking Rules, 2024

June 7, 2024 516 Views 0 comment Print

The Ministry of Agriculture announces new Honey Grading Rules 2024, setting updated standards for quality, packaging, and labeling. Learn more about the changes.

RBI keeps Repo Rate unchanged at 6.50%

June 7, 2024 654 Views 0 comment Print

fter a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided by a 4 to 2 majority to keep the policy repo rate unchanged at 6.50 per cent.

Revised Jurisdiction of DIT Intelligence & Criminal Investigation in Lucknow & Kanpur Notified by CBDT

June 6, 2024 1161 Views 0 comment Print

Explore the latest amendment in the Income Tax Act 1961 by Notification No. 50/2024 issued by the Ministry of Finance. Detailed analysis and implications discussed.

Department of Chemicals & Petro-Chemicals Added to Appendix 2Y of FTP 2023

June 6, 2024 402 Views 0 comment Print

DGFT Public Notice 10/2024-25 introduces amendments enabling import of inputs under QCOs for Advance Authorisation, EOU, and SEZ. Learn more about the changes.

Customs Exchange Rates effective from 7th June, 2024

June 6, 2024 7392 Views 0 comment Print

Explore the detailed analysis of Exchange Rate Notification No. 40/2024-Cus (NT) issued by the Government of India Ministry of Finance. Understand the impact on imports and exports.

Compliance under Section 62(1)(c) instead of 62(3): MCA RD upheld Penalty of Rs. 1.50 Lakh

June 6, 2024 549 Views 0 comment Print

Wurknet Private Ltd’s appeal against a penalty for non-compliance with Section 62(3) of the Companies Act is dismissed. 

Revised Guidelines for Applicants under ANF-4F Handbook of Procedures 2023

June 6, 2024 849 Views 0 comment Print

Explore the revised guidelines by the Directorate General of Foreign Trade regarding Para 2 (b) of ANF-4F Handbook of Procedures 2023 for simplifying EODC application in deemed exports.

Master Circular: Reforms in General Insurance Business

June 6, 2024 1824 Views 0 comment Print

Explore IRDAI’s comprehensive reforms in the general insurance business post de-tariffication, focusing on customer-centric measures, governance, and technology.

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