The International Financial Services Centres Authority (IFSCA) has issued a circular outlining regulations for complaint redressal by entities operating within the IFSC. This ensures a fair and transparent system to address consumer grievances.
IBBI extends the deadline for filing liquidation and voluntary liquidation forms under the IBC, 2016, to December 31, 2024, citing technical issues.
The Ministry of Finance rescinds Central Excise Notifications No. 10/2022 and 11/2022 under Notification No. 30/2024, effective immediately.
Notification No. 29/2024-Central Excise rescinds six 2022 excise notifications in the public interest, effective immediately. Details on affected notifications inside.
The Ministry of Finance grants approval to IIIT Hyderabad for scientific research under the Income Tax Act, effective from 2024-25.
RBI urges banks to reduce inoperative accounts and facilitate easier activation, especially for beneficiaries of government schemes, with KYC updates.
IFSCA launches Informal Guidance Scheme to address legal and regulatory queries for businesses in IFSC from January 2025.
The Coastal Shipping Bill, 2024, introduced in Lok Sabha, aims to regulate coastal trade, boost domestic participation, and enhance maritime connectivity in India.
Detailed analysis of GST revenue collections for November 2024, including gross and net figures, state-wise growth, and year-on-year comparison trends.
CBDT extends the due date for filing income tax returns under section 92E for AY 2024-25 from 30th November 2024 to 15th December 2024.
