The Ministry of Finance updates the UTGST rate with new service categories effective October 10, 2024, enhancing compliance and clarity in taxation.
The Ministry of Finance updates Central Tax rates, introducing new exemptions for electricity services and educational affiliations, effective October 10, 2024.
IFSCA mandates reporting format for Payment Service Providers, detailing submission processes and consequences for non-compliance.
SEBI mandates specific due diligence for AIFs to prevent regulatory circumvention as per new circular issued on October 8, 2024.
EPFO issues guidelines restricting use of exempted Trusts’ reserves for interest credits above EPFO rates. Non-compliance will result in audit scrutiny.
DRISHTI module at JNCH improves monitoring of export proceeds, addressing issues with the RBI-BRC module for efficient recovery of drawback benefits.
SEBI extends the deadline for annual disclosures and impact reports by Social Enterprises on the Social Stock Exchange for FY 2023-24 to January 31, 2025.
DGFT amends Appendix 10M, expanding the list of items under Global Authorization for Intra-Company Transfer (GAICT) of SCOMET items, software, and technology.
DGFT clarifies no import authorization is required for exhibits and samples re-imported for display or exhibition purposes under Para 2.60 of HBP 2023.
Key amendments in Maharashtra GST Ordinance 2024 aim to streamline tax processes and clarify regulations for input tax credit and registration.