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Notifications/Circulars

Prudential Treatment of Bad and Doubtful Debt Reserve by Co-operative Banks

August 2, 2024 3993 Views 0 comment Print

RBI revises Bad and Doubtful Debt Reserve (BDDR) guidelines for co-operative banks, ensuring uniformity and compliance with Accounting Standards and prudential norms.

IBBI suspends registration of IP for a period of one year

August 2, 2024 1620 Views 0 comment Print

The IBBI Disciplinary Committees order on Devendra Singh for contraventions in Sidhartha Buildhome Pvt Ltd’s CIRP. Detailed analysis and findings.

Contraventions in CIRP: IBBI Takes disciplinary Action against IP

August 2, 2024 1323 Views 0 comment Print

IBBI disciplinary order against Insolvency Professional Mr. Manish Kumar Gupta for regulatory violations in CIRP cases, highlighting adherence to timelines and regulations.

Harmonisation of Chapters 40 to 98 of Schedule-II (Export Policy) to ITC(HS) codes

August 2, 2024 1107 Views 0 comment Print

DGFT updates Schedule-II Export Policy with ITC(HS) codes for Chapters 40-98. Comments due by 11.08.2024. See Trade Notice No. 11/2024-25 for details.

Foreign Exchange Management (Debt Instruments) (Third Amendment) Regulations, 2024

August 2, 2024 1644 Views 0 comment Print

RBI’s 2024 amendment to FEMA regulations allows foreign investors to buy Sovereign Green Bonds in India’s IFSC and remit proceeds abroad. Effective from August 2024.

Kandla, Vishakhapatnam Ports Added for Export to Maldives

August 1, 2024 624 Views 0 comment Print

DGFT Notification No. 22/2024-25 adds Kandla and Vishakhapatnam ports for the export of essential commodities to the Maldives for FY 2024-25.

SEBI Circular Amendment: Additional Disclosures for FPIs Meeting Objective Criteria

August 1, 2024 1260 Views 0 comment Print

SEBI’s latest circular modifies disclosure requirements for FPIs, exempting university funds under specific conditions.

CBDT Clarifies Verification Conditions Under Section 144B

August 1, 2024 10044 Views 1 comment Print

CBDT issues guidelines for IT verification under Section 144B(5), detailing circumstances for digital and physical checks, effective immediately.

Gross and Net GST revenue collections for the month of July, 2024

August 1, 2024 936 Views 0 comment Print

Discover the detailed gross and net GST revenue collections for July 2024. Learn about the growth trends and state-wise breakdown of GST revenues.

MCA Imposes ₹2.16 Crore Penalty for unspent CSR Funds Transfer Failure

August 1, 2024 2670 Views 0 comment Print

Stanley Black & Decker India faces penalties under Section 135 of the Companies Act, 2013 for delays in CSR fund transfers due to COVID-19 restrictions.

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