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CBIC raises SAED on Petroleum Crude & on ATF Exports wef 01.11.2023

October 31, 2023 357 Views 0 comment Print

Central Excise Amendment 2023. Details on increased Special Additional Excise Duty on Petroleum Crude and reduced duty on ATF export, effective from November 1, 2023

Income Tax Amendment: Latest Changes in ITR-7 Forms

October 31, 2023 5166 Views 0 comment Print

Explore the key amendments in Income Tax Rules, 1962, effective from April 2023. Detailed analysis of ITR-7 Forms modifications and their impact on taxpayers.

Customs Notification 62/2023: Exemption of Export Duty on Onions

October 28, 2023 1536 Views 0 comment Print

Get the latest customs amendment by the Ministry of Finance. Onions (0703 10) now exempt from duties. Effective from 29th October, 2023

CBIC Rescinds Notification No. 48/2023 of 40% Export Duty on Onions

October 28, 2023 762 Views 0 comment Print

Get insights on the latest Ministry of Finance notification. Learn about the rescission of Notification No. 48/2023-Customs and its implications. Effective from October 29, 2023

Hello! UPI: NPCI Introduces Voice-Powered UPI Features

October 27, 2023 4962 Views 0 comment Print

NPCI introduces Hello! UPI, enabling voice-assisted UPI transactions, onboarding, alerts, and more. Explore guidelines and updates for seamless digital payments.

Vacancy: Official Liquidator’s Office, Bombay High Court – Apply Now

October 27, 2023 849 Views 0 comment Print

Government of India, Ministry of Corporate Affairs, Office of the Official Liquidator, Bombay, is hiring Drafting Counsel/Associates. Learn about the roles, eligibility, and application process

Non-Callable Deposits – Master Direction on Interest Rate on Deposits

October 26, 2023 735 Views 0 comment Print

The RBI has increased the minimum amount for non-callable deposits from ₹15 lakh to ₹1 crore, impacting domestic and Non-Resident (NRE/NRO) term deposits. Learn more

RBI: Strengthening Customer Service by CICs and CIs

October 26, 2023 1623 Views 0 comment Print

RBI directs Credit Information Companies (CICs) and Credit Institutions (CIs) to enhance customer service through various measures.

Customs Duty Drawback: Revised Rates and Implications

October 26, 2023 1932 Views 0 comment Print

Explore the latest circular by the Ministry of Finance – CBIC, regarding the revision of All Industry Rates (AIRs) of Duty Drawback, effective from October 30, 2023

ITAT Upholds Penalty on Charitable Institution for Tax Audit Violation

October 26, 2023 933 Views 0 comment Print

Vakrangee Foundation faces a penalty for non-compliance with tax audit provisions under Section 44AB. ITAT rules that Section 2(15) does not exempt charitable institutions.

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