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Formation of new districts in Madhya Pradesh – Assignment of Lead Bank Responsibility

January 19, 2024 762 Views 0 comment Print

Discover the latest RBI announcement on lead bank assignments for newly formed districts in Madhya Pradesh, with detailed insights on Pandhurna and Maihar. Stay informed!

Notification No. 06/2024-Customs (N.T.) Dated: 19th January, 2024

January 19, 2024 2550 Views 0 comment Print

Explore the latest customs regulations with Notification 06/2024-Customs (N.T.) by the Ministry of Finance. Key changes effective from 1st March, 2024. Stay informed!

High-Risk Transaction Alert: New Guidelines for IT Assessments 2023-24

January 19, 2024 20403 Views 0 comment Print

Discover latest directives from Directorate of Income Tax (Systems) regarding high-risk transactions. Get insights on identification, verification, and actions under IT Act, 1961.

Taxation of Firm’s Income Exclusively in Firm’s Hands, Not Partners: ITAT Mumbai

January 19, 2024 837 Views 0 comment Print

Ketan Tokershi Shah Vs DCIT (ITAT Mumbai) Income belonging to firm whether disclosed or undisclosed can be taxed only in the hands of the firm and not in the hands of partner

Indian Stamp Bill, 2023: Ministry of Finance Seeks Public Input

January 19, 2024 900 Views 0 comment Print

Participate in shaping India’s fiscal future! Ministry of Finance calls for public suggestions on the draft ‘Indian Stamp Bill, 2023’ for 30 days. Have your say now.

Customs Exchange Rates effective from 19th January, 2024

January 18, 2024 3186 Views 0 comment Print

Explore the latest Customs Exchange Rates in India for 2024 issued by the Ministry of Finance. Stay updated on foreign currency conversions for imported and export goods.

IBBI Announces Reduced Cooling-off Period for Insolvency & Valuation Exams

January 18, 2024 1029 Views 0 comment Print

Stay updated on IBBI’s latest circular reducing the waiting time between Limited Insolvency Examination and Valuation Examinations. Discover the enhanced flexibility for candidates.

Delhi HC Quashes Notices: Lack of specified authority approval for Income Tax Reassessment

January 17, 2024 2679 Views 0 comment Print

Delhi High Court quashes income tax reassessment notices in case of Twylight Infrastructure Pvt Ltd due to absence of specified authority approval, emphasizing mandatory requirement.

Google Pay India signs MoU with NPCI International for Global Expansion of UPI

January 17, 2024 582 Views 0 comment Print

Discover the strategic collaboration between Google Pay India and NPCI International, aiming to propel UPI on the global stage, simplifying international transactions and transforming cross-border payments.

Govt Allows Aadhaar Authentication for Reporting Entities under Money-laundering Act

January 16, 2024 528 Views 0 comment Print

Read the latest notification by the Ministry of Finance, allowing specific reporting entities to use Aadhaar authentication for compliance with privacy standards under the Money-laundering Act.

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