Fema / RBI : RBI has launched the Integrated Ombudsman Scheme, 2026, providing a centralized, cost-free mechanism for resolving complaints agai...
Fema / RBI : RBI has updated the FLA Return FAQs, clarifying who must file, the 15 July deadline, revision procedures, and reporting requiremen...
Income Tax : Learn who can apply for an advance ruling, applicable fees, withdrawal rules, and its binding effect under the Income-tax Act. The...
Company Law : The document clarifies that a director's resignation becomes effective upon receipt by the company or the specified future date, w...
Income Tax : Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due dat...
Corporate Law : MoSPI will introduce the Index of Services Production (ISP) to measure short-term changes in the formal services sector. The month...
Finance : The FAQs clarify the implementation of the IFSCA AML/CFT/KYC Guidelines, covering customer due diligence, reporting obligations, g...
Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
SEBI : NSE released detailed FAQs to address practical issues in submitting Quarterly Integrated Filing – Governance reports through XB...
Finance : The circular addresses uncertainty in FLA reporting FAQs under FEMA. It directs institutions to pause action until regulatory clar...
Corporate Law : FSSAI introduced perpetual licenses and simplified registration norms to ease compliance. The reforms reduce costs while maintaini...
SEBI : FPIs can now apply for Digital Signature Certificates directly within the CAF portal. The move simplifies onboarding and reduces p...
Goods and Services Tax : GSTN has clarified key issues on filing annual returns through consolidated FAQs. The guidance explains ITC reporting, auto-popula...
Frequently Asked Questions (FAQs) on New Scheme of Education and Training released by The Institute of Chartered Accountants of India PART A : GENERAL FAQs Q 1: When has the New Scheme of Education and Training been launched? Ans: The New Scheme of Education and Training has been launched on CA Day, i.e. 1st July, 2023. […]
Discover all you need to know about managing liability differences using Form DRC-01B. Understand the process, FAQs, and the implications of non-compliance on your GST returns.
The question of existing contractual arrangements of default structured Guarantee is not tenable here as RBI puts complete prohibition on Default structured Guarantee arrangement treating them as synthetic securitisation transaction by providing reference to the master direction– Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021
CBDT issues Circular No. 10/2023 dated 30/06/2023 containing Frequently Asked Questions (FAQs) for removal of difficulty on issues pertaining to TCS on LRS and purchase of overseas tour program package. F. No. 370142/23/2023-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi Circular No. 10 of […]
Explore 101 FAQs on the statutory powers of the Government’s Narcotics Control Bureau (NCB) in India, covering NCB’s statutory powers, legal status of narcotic drugs, NCB’s vision and mission, and contact details. Get insights into drug trafficking trends, opium and heroin seizures, and case studies.
Discover essential FAQs about filing Form 10IE for opting the new tax regime. Learn about deadlines, mandatory requirements, consequences of non-filing, and solutions to common submission issues. Ensure a smooth income tax return process.
Get answers to your FAQs on External Commercial Borrowing (ECB) and Trade Credits (TC) with updated information as of June 26, 2023. Understand the basics, eligibility, currency, recognized lenders, average maturity, leverage criteria, end-uses, refinancing, hedging, reporting, and more. Stay informed for smooth compliance with RBI guidelines.
Delve into the RBI’s 2023 Circular highlighting regulatory guidelines on compromise settlements with wilful defaulters and fraudulent borrowers, along with technical write-offs. Uncover what it means for lenders and borrowers
Learn about the statutory powers of the Central Vigilance Commission (CVC) in India. Explore the history, establishment, vision, and mission of the CVC, its organization structure, powers under the CVC Act, and its superintendence over the Central Bureau of Investigation (CBI).
Learn the step-by-step procedures and find answers to frequently asked questions about incorporating and converting a One Person Company (OPC) in India. Understand the forms to be filed, thresholds for conversion, eligibility criteria, and more.
