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SEBI Changes Securities Payout Timing to 3:30 PM

October 10, 2024 1071 Views 0 comment Print

SEBI revises payout timing for securities in T+1 settlement from 1:30 PM to 3:30 PM, ensuring same-day credit to clients’ accounts.

Credit Information Reporting Mechanism Post License/Certificate Cancellation by RBI

October 10, 2024 1989 Views 0 comment Print

RBI mandates new credit info reporting rules for institutions post-license cancellation, ensuring borrowers’ repayment histories remain updated.

Customs Bonded Warehouse Digitization Procedures for Licensing, Bond-to-Bond Movement & Monthly Returns Upload

October 9, 2024 2232 Views 0 comment Print

Indian government digitizes Customs Bonded Warehouse processes, enabling online licensing, goods transfer, and monthly return submissions via ICEGATE.

IBBI Extends Deadline for Liquidation Process Forms

October 9, 2024 474 Views 0 comment Print

IBBI extends the deadline for filing liquidation process forms to 30th November 2024, addressing challenges faced by liquidators.

IBBI Extends Deadline for Voluntary Liquidation Forms

October 9, 2024 591 Views 0 comment Print

IBBI extends the deadline for filing voluntary liquidation forms to 30th November 2024, addressing challenges faced by liquidators.

RBI Highlights Inflation Targeting Framework; Maintains repo rate at 6.50%

October 9, 2024 960 Views 0 comment Print

RBI Governor reviews the flexible inflation targeting framework, maintaining the repo rate at 6.50% while focusing on growth and inflation alignment.

Aadhaar Requirement for PM’s Internship Scheme

October 8, 2024 777 Views 0 comment Print

New notification mandates Aadhaar for benefits under the Prime Minister’s Internship Scheme, ensuring transparency and efficient service delivery.

CBIC notifies Late Fees Waiver for GSTR-7 Filed Late Since June 2021

October 8, 2024 2766 Views 0 comment Print

Notification No. 23/2024 waives late fees for GSTR-7 returns filed late from June 2021 onward, effective November 1, 2024.

New procedure for rectifying GST orders related to wrong input tax credit claims

October 8, 2024 30705 Views 1 comment Print

The Ministry of Finance outlines a new procedure for rectifying GST orders related to wrong input tax credit claims in Notification No. 22/2024.

CBIC Notifies GST Payment Deadlines to get Waiver of Interest or Penalties

October 8, 2024 19821 Views 1 comment Print

The Ministry of Finance issues GST Notification No. 21/2024, detailing payment deadlines for registered persons to waive interest or penalties.

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