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Classification of ‘Data Projector’ (Model – ZH 350, ZW350e, ZX 350e)

June 8, 2023 279 Views 0 comment Print

Explore the classification and exemption of Data Projectors (ZH 350, ZW350e, ZX 350e) in the CAAR Mumbai ruling. Understand the intricacies and pending matters.

CAAR cannot issue a ruling on difficulties in compliance to circular no. 51/2020

June 8, 2023 258 Views 0 comment Print

Explore the Customs Authority ruling on ULDs by Pridel Private Limited in Mumbai. Learn about the exemption from Customs duty, clearance procedures, and the complexities involved in ULDs’ temporary import and re-export.

Weekly newsletter from Chairman, CBIC dated 08/06/2023

June 8, 2023 531 Views 0 comment Print

Dive into the latest updates from the Chairman, CBIC, discussing recent advancements in the Indian Customs and Indirect Taxes department, including AEO progress, CBIC mSangrah launch, and anti-smuggling actions

RBI Keeps Repo Rate Unchanged at 6.50% in June 2023

June 8, 2023 807 Views 0 comment Print

Read the monetary policy statement and resolution of the Monetary Policy Committee (MPC) for June 2023. The MPC decided to maintain the policy repo rate at 6.50% and focus on withdrawing accommodation to align inflation with the target while supporting growth. Get insights into the global and domestic economic outlook, inflation projections, and future policy […]

How to Maximize Your Tax Savings on Home Loan Principal Repayments

June 7, 2023 3300 Views 0 comment Print

Until a few years ago, homebuyers knew only one way of buying a home — they saved and saved for years and when they had saved enough, they would invest in a home.

RBI Expands Trade Receivables Discounting System (TReDS) for MSMEs

June 7, 2023 1734 Views 0 comment Print

RBI announced enhancements to Trade Receivables Discounting System (TReDS), aiming to alleviate liquidity constraints for MSMEs.

Unlawful Asset Sale: IBBI Penalizes & Suspends IP for Procedural Violations

June 7, 2023 1362 Views 0 comment Print

This order concerns disciplinary proceedings against Mr. Sai Ramesh Kanuparthi, an Insolvency Professional (IP), regarding his conduct in the liquidation process of M/s Konaseema Gas Power Limited. Mr. Kanuparthi has been accused of contravening several regulations and codes of conduct, including the sale of assets without adhering to prescribed procedures and failing to value or […]

RBI’s Regulatory Updates on Non-Deliverable Derivative Contracts

June 6, 2023 2043 Views 0 comment Print

RBI has issued new directives on non-deliverable derivative contracts (NDDCs) as part of their risk management and inter-bank dealings. The amendments aim to develop the onshore INR NDDC market and offer greater hedging flexibility.

Govt invites applications for the post of Judicial & Technical Members in NCLT

June 6, 2023 1470 Views 0 comment Print

Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NCLT) – inviting online applications for.

IBBI Cancels Valuer’s Registration for Concealing Criminal Proceedings

June 5, 2023 462 Views 0 comment Print

Insolvency and Bankruptcy Board of India (IBBI) has issued an order to cancel the registration of Mr. Venkata Krishna Srinivasa Raju Penmetsa as a Registered Valuer. The order was issued based on a Show Cause Notice (SCN) which stated that Mr. Penmetsa had suppressed information about criminal proceedings against him while applying for registration. The […]

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