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DGFT amends Para 6.06 of HBP 2023 for Parity with Chapter 4 of FTP

January 3, 2025 1386 Views 0 comment Print

DGFT revises timelines in Para 6.06 of Handbook of Procedures (FTP 2023) for tea and spices imports to align with Chapter 4 provisions, easing compliance.

Income Tax Section 10(46) exemption: Karnataka Horticulture Agency

January 3, 2025 882 Views 0 comment Print

Income tax exemption for Karnataka State Horticulture Development Agency on grants, horticulture revenue, and interest. Applicable for FY 2020-2021 to 2023-2024.

Income Tax Section 10(46) exemption – Rabindra Setu Commissioners

January 3, 2025 963 Views 0 comment Print

Income Tax exemption notification for Rabindra Setu, Kolkata, detailing income categories, conditions, and retrospective effect for assessment years 2019-2020 to 2023-2024.

March 30, 2025: Govt Transactions via e-Kuber

January 3, 2025 1935 Views 0 comment Print

RBI directs e-Kuber to process government transactions on March 30, 2025, ensuring accurate financial year-end accounting despite the date falling on a Sunday.

DGFT amends Para 1.07 of Foreign Trade Policy 2023: New Trade Facilitation Measures

January 2, 2025 1572 Views 0 comment Print

DGFT amends FTP 2023 to allow stakeholder feedback and outlines conditions for consultation and disclosure of reasons for non-incorporation of suggestions.

IBBI Cancels IP Registration, Imposes Rs. 1 Lakh Penalty

January 2, 2025 777 Views 0 comment Print

IBBI cancels Ankit Kumar Agarwal’s IP registration and imposes Rs. 1 lakh penalty for non-cooperation, failure to appear before NCLAT, and code of conduct violations.

Stakeholder Consultation Process under Foreign Trade Policy 2023

January 2, 2025 711 Views 0 comment Print

DGFT amends Handbook of Procedures 2023 to outline the process for seeking feedback from stakeholders on the Foreign Trade Policy provisions.

Advisory to Taxpayers on Extension of E-Way Bills Expired on 31st Dec, 2024

January 1, 2025 6846 Views 0 comment Print

Extension provided for e-way bills expired on December 31, 2024, due to technical issues. Extended deadline to January 1, 2025, for compliance.

Paperless KYC & Aadhaar Authentication in POSB Accounts

January 1, 2025 12603 Views 0 comment Print

Government of India introduces paperless KYC (e-KYC) and Aadhaar biometric authentication for POSB account transactions and opening, starting from January 2025.

Roll out of Automated Out of Charge for AEO T2 and T3 Clients

January 1, 2025 2307 Views 0 comment Print

CBIC introduces Automated Out of Charge for AEO T2/T3 clients from 1st January 2025, simplifying customs clearance and reducing administrative burdens.

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