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RBI Circular: Display of Secured Asset Information under SARFAESI Act

September 25, 2023 2922 Views 0 comment Print

Reserve Bank of India (RBI) has issued Circular RBI/2023-24/63 on September 25, 2023, addressing the display of information related to secured assets possessed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. This move towards greater transparency aims to ensure that Regulated Entities (REs) of the RBI, which […]

75,000 MT Non-Basmati White Rice Export to UAE via NCEL Approved

September 25, 2023 630 Views 0 comment Print

Ministry of Commerce approves export of 75,000 MT of non-Basmati white rice to UAE through NCEL. Read official notification for details

Amendment of Income Tax Rule 11UA- Valuation of Unquoted Equity Shares

September 25, 2023 22602 Views 0 comment Print

CBDT) amends Income Tax Rule 11UA regarding valuation of unquoted equity shares for tax purposes. Learn about changes in this amendment.

CBDT notifies Interest on Loan to NBFCs under Section 43B(da) of Income Tax Act

September 22, 2023 6822 Views 0 comment Print

Central Board of Direct Taxes (CBDT) has recently issued a crucial notification concerning the payment of interest on loans to Non-Banking Financial Companies (NBFCs) under Section 43B(da) of the Income Tax Act. This notification, dated September 22, 2023, brings forth significant implications for both NBFCs and borrowers. Ministry of Finance (Department of Revenue) (Central Board […]

CBDT’s Notification No. 79/2023 on NBFC Classification for Income Tax

September 22, 2023 3774 Views 0 comment Print

Explore recent notification (No. 79/2023) from Ministry of Finance regarding classification of non-banking financial companies (NBFCs) for income tax purposes.

Atomic Minerals Concession (Amendment) Rules, 2023

September 22, 2023 312 Views 0 comment Print

Ministry of Mines introduced amendments to Atomic Minerals Concession Rules, 2016. Learn about changes, penalties for non-compliance, and their impact on mining activities.

MHA Amends Foreign Contribution Rules & Forms: NGOs Must Disclose Assets

September 22, 2023 1866 Views 0 comment Print

Ministry of Home Affairs (MHA) has updated the Foreign Contribution (Regulation) Rules. NGOs must now report details of movable and immovable assets created from foreign contributions. Learn more about these changes.

CESTAT Virtual Hearings & Procedures

September 21, 2023 1959 Views 0 comment Print

Read Notification No. 02/2023 from CESTAT, New Delhi, introducing virtual hearings. Learn about the procedure, technical requirements, and protocols for e-hearings.

RBI Introduces Data Quality Index for Commercial & Microfinance Segments

September 20, 2023 3111 Views 0 comment Print

RBI’s latest circular introduces a Data Quality Index (DQI) for Commercial and Microfinance segments, aiming to assess data quality in financial sector.

Maintenance of Standards of Medical Education Regulations, 2023

September 19, 2023 1920 Views 0 comment Print

Explore the National Medical Commission’s 2023 regulations for maintaining high medical education standards. Learn about evaluations, penalties, and appeals.

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