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.
CBIC highlights GST collection, solar lighting initiative in Haryana, and new guidelines for fair customs investigations. Diwali wishes included.
IRDAI drafts new regulatory sandbox amendments to encourage insurance sector innovation and streamline compliance. Public comments are invited until November 25, 2024.
NPCI advises on ATM cash retraction to prevent shutter overlay frauds, following RBI guidelines. Banks to implement risk measures and customer awareness programs.
RBI provides an update on the withdrawal status of ₹2000 banknotes, with 98% of notes returned by October 31, 2024.
Chennai Customs outlines classification rules for lab chemicals under Heading 9802. Only non-commercial imports in small quantities qualify.
The DGFT updates wastage norms and SION for jewelry exports, effective January 1, 2025, revising guidelines for gold, silver, and platinum articles.
DGFT extends the abeyance of Public Notice No. 05/2024 until December 31, 2024, restoring previous wastage norms for gold and silver exports.
CBIC issues guidelines for Customs investigations into tax evasion, focusing on balancing compliance and ease of doing business.
October 2024 GST revenue report shows 8.9% growth in gross collections, led by increased domestic revenue. View detailed gross and net GST figures for October.
