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Government of India Imposes Minimum Export Price on Onions

October 28, 2023 402 Views 0 comment Print

Government of India’s Ministry of Commerce & Industry, Department of Commerce, DGFT issues Notification No.42/2023, imposing a Minimum Export Price (MEP) on onions.

Government Extends Halal Certification Process Deadline

October 27, 2023 462 Views 0 comment Print

The Indian Government, through DGFT, extends the timeline for accrediting Halal Certification Bodies and registering export units by six months

Understanding Deferred Tax Assets and Liabilities

October 27, 2023 3870 Views 0 comment Print

Learn the meaning of current tax and deferred tax, and how deferred tax assets and liabilities impact a company’s financial statements.

Review of Financial Information Provider under Account Aggregator Framework

October 26, 2023 489 Views 0 comment Print

The Reserve Bank of India (RBI) has reviewed the Financial Information Provider (FIP) role within the Account Aggregator Framework, replacing Pension Fund with Central Record keeping Agency

RBI Compensation Framework for Credit Information Delays

October 26, 2023 876 Views 0 comment Print

Reserve Bank of India (RBI) introduces a compensation mechanism for delays in updating or rectifying credit information, benefiting consumers and ensuring timely resolutions

CBIC Notification: Eligible Registered Persons for IGST Route Refunds

October 26, 2023 1758 Views 0 comment Print

CBIC notifies supplies and class of registered person eligible for refund under IGST Route vide Notification No. 05/2023 – Integrated Tax Dated : 26th October, 2023.

Government Notifies Section 64B of Competition Act, 2002 from 26.10.2023

October 26, 2023 582 Views 0 comment Print

Discover the implications of the government’s notification on Section 64B of the Competition Act, effective from October 26, 2023. Learn about the newly inserted sections and their impact.

Non-Maintenance of Registered Office of Company- MCA imposes Penalty of 1000 per day on each Directors & Company

October 26, 2023 435 Views 0 comment Print

Read about the adjudication proceeding under Companies Act 2013 against AIMS HI-RISE LIMITED for non-maintenance of registered office. Learn about the penalties and implications.

Section 194Q Explained: TDS on Goods Purchase in India

October 26, 2023 8688 Views 0 comment Print

Demystify Section 194Q for TDS on goods purchase in India. Learn about deductor, rates, exemptions, time of deduction, and implications of non-compliance.

Section 10(46) Exemption to ‘West Bengal Pollution Control Board

October 26, 2023 351 Views 0 comment Print

CBDT notifies West Bengal Pollution Control Board for specific income under section 10(46) vide Notification No. 92/2023- Income Tax Dated : 26th October, 2023

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