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Section 138 Notification: UIDAI Appointed for Information Disclosure

November 20, 2023 867 Views 0 comment Print

Section 138 notification under Income-tax Act 1961. Learn how UIDAI plays a crucial role in disclosing information about assessees. Stay informed with this update.

IBBI suspends IP for lackadaisical behavior & for non-cooperation with authorities

November 20, 2023 1002 Views 0 comment Print

DC notes that the conduct of the IP contravening provisions of the Code and the rules and regulations thereunder is established. Contraventions by Mr. Vineet Aggarwal were recorded and upheld earlier also. He was suspended from taking assignment under IBC for a period of two years starting from 13.04.2023, as IP. The underlying theme is […]

INR Settlement: Opening of Additional Current Account for Exports

November 17, 2023 975 Views 0 comment Print

Discover RBI’s latest directive for Scheduled Commercial Banks, allowing an extra current account for INR settlement in international trade. Boost your export transactions now

RBI Implements Stricter Measures on Consumer Credit and NBFCs

November 16, 2023 1269 Views 0 comment Print

Explore RBI’s recent regulatory steps to manage consumer credit growth and NBFC reliance on bank borrowings. Updated risk weights and credit standards are crucial for financial stability.

Notice to CPC Manufacturers: Import of Raw Pet Coke Guidelines

November 16, 2023 963 Views 0 comment Print

Explore the latest trade notice from the Ministry of Commerce, India, guiding Calcined Petroleum Coke (CPC) manufacturers on the import of Raw Petroleum Coke (RPC). Deadline, requirements, and key details included

CBIC Reduces Excise Duty on Diesel Exports wef 16th Nov 2023

November 15, 2023 558 Views 0 comment Print

CBIC announces a significant reduction in Special Additional Excise Duty on Diesel exports to Rs. 1 per litre from Rs. 2, effective November 16, 2023.

CBIC reduces SAED on Petroleum Crude production wef 16.11.2023

November 15, 2023 570 Views 0 comment Print

“Read about CBIC’s latest move reducing Special Additional Excise Duty on Petroleum Crude production to Rs. 6300 per tonne, effective from November 16, 2023.

Revised SFT Submission Process for Mutual Fund Transactions

November 15, 2023 6234 Views 0 comment Print

Revised Format, Procedure and Guidelines for submission of Statement of Financial Transaction (SFT) for Mutual Fund Transactions by Registrar & Share Transfer Agent as per Notification No. 4 of 2021. Find out data field types, DQ rules & file formats mandated by CBDT.

Revised Procedure for submission of SFT for Depository Transactions

November 15, 2023 4785 Views 0 comment Print

Understand revised format, procedure & guidelines for submission of Statement of Financial Transactions for Depository Transactions. Now required to be submitted as half-yearly basis instead of quarterly. Notification No. 3 of 2021 explains changes.

RBI Directive: Amendments to UNSC’s Terrorism Sanctions List

November 15, 2023 513 Views 0 comment Print

Explore RBI’s directive on amendments to UNSC’s terrorism list, detailing changes to individuals and entities. Ensure compliance with updated sanctions.

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