CBDT sets new monetary limits for waiver of interest on delayed tax payments under Section 220(2) of the Income Tax Act, 1961, effective 4th Nov 2024.
NPCI advises on ATM cash retraction to prevent shutter overlay frauds, following RBI guidelines. Banks to implement risk measures and customer awareness programs.
Guidelines for entities providing ESG Ratings and Data in IFSC, covering registration, governance, conflict management, and mandatory disclosures for ERDPP.
CBDT issues Circular No. 14/2024 allowing condonation of delay in filing tax returns for AY 2023-24 under Section 80P, benefiting co-operative societies facing audit delays.
From December 1, 2024, additional qualifiers for synthetic diamond import/export declarations are mandatory to enhance customs assessments and reduce clearance delays.
IFSCA amends the Aircraft Lease Framework for transactions with Indian residents, effective immediately. Details on requirements and fees are outlined.
IBBI mandates centralized listing of liquidation assets on eBKray platform for transparency and improved recovery. Effective November 1, 2024.
IFSCA clarifies investment restrictions for retail schemes in IFSCs, easing limits on unlisted securities and fund-of-funds disclosures.
The CBDT extends the Income Tax Return due date for AY 2024-25 to November 15, 2024, as per Circular No. 13/2024 issued on October 26, 2024.
NSE updates single filing system, allowing streamlined API-based disclosures for corporate governance and grievance redressal. Effective from October 26, 2024.
