We are writing to bring to your attention the recent update from the Reserve Bank of India (RBI) regarding the reset of floating interest rates on Equated Monthly Installments (EMI) based personal loans. This directive, outlined in RBI Circular no. RBI/2023-24/55 dated August 18, 2023, pertains to all Scheduled Commercial Banks, Regional Rural Banks, Primary […]
RBI issues guidelines to ensure transparency in penal charges on loans, with clear disclosure and reason, effective from January 1, 2024. Details and impact analyzed.
Explore crucial changes introduced by IGST (Amendment) Act, 2023. Learn about alterations in definitions, place of supply, and the new provision for online money gaming suppliers
Discover significant changes introduced by Central Goods and Services Tax (Amendment) Act, 2023. Learn about new definitions, provisions related to online gaming and money gaming, specified actionable claims, and more.
NFRA Penalized Auditors of Tanglin Developments Ltd for Lapses in Professional Judgment, Unreported Irregularities and Tampering with the Audit File
A comprehensive breakdown of MahaRERA’s Order No. 48/2023, which addresses revision in convenience fees for various real estate services in Maharashtra from 20th August 2023.
Check the latest Customs exchange rates for foreign currencies to Indian rupees for imported and export goods. Effective from August 18, 2023.
Ministry of Finance introduces new rule for TDS on foreign currency income, specifying exchange rates for tax calculation. Learn about changes.
Ministry of Consumer Affairs amends Consumer Disputes Redressal Commission Rules, 2020, introducing a revised fee structure based on value of goods or services paid.
RBI introduces UDGAM portal, facilitating easy access to unclaimed deposits across multiple banks. Users can claim their funds or reactivate accounts.
