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Govt increases SAED on Diesel to Rs. 1 per litre wef 21.03.2023

March 20, 2023 1185 Views 0 comment Print

Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to increase the Special Additional Excise Duty (SAED) on Diesel from Rs. 0.50 per litre to Rs. 1 per litre w.e.f. 21st day of March, 2023 Vide Notification No. 14/2023-Central Excise Dated: 20th March, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi […]

Govt reduces SAED on production of Petroleum Crude wef 21.03.2023

March 20, 2023 801 Views 0 comment Print

Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty (SAED) on production of Petroleum Crude from Rs. 4,400 per tonne to Rs. 3,500 per tonne w.e.f. 21st day of March, 2023 Vide Notification No. 13/2023-Central Excise Dated: 20th March, 2023. MINISTRY OF FINANCE (Department of Revenue) New […]

Extension of time granted to undergo MCBT upto 31st December, 2023

March 20, 2023 987 Views 0 comment Print

Extension of timeline be granted to the practicing members who had taken Certificate of Practice (COP) on and after 1st February 2019 to complete Mandatory Capacity Building Training (MCBT) upto 31st December 2023 and desirous of renewing their COP for the year 2023-24

No profession tax in Maharashtra on monthly Salary upto Rs. 25000 of women

March 20, 2023 74115 Views 0 comment Print

Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2023 to notify changes in Profession Tax Rates w.e.f. 01.04.2023. One of the notable change is that bill exempt the profession tax payable by the women who draw the monthly salary or wages upto rupees twenty-five thousand w.e.f. 01.04.2023. RNI No. […]

Strike off` of Companies & other ‘Corporate Exits’ to become centralised from 1-4-2023

March 17, 2023 6912 Views 0 comment Print

Central Government hereby establishes a Centre for Processing Accelerated Corporate Exit (C-PACE). C-PACE shall be located at Indian Institute of Corporate Affairs (IICA), Plot No. 6, 7, 8, Sector 5, IMT Manesar, District Gurgaon (Haryana), Pin Code – 122050.

Reporting & Accounting of Central Government transactions by Banks for March 2023

March 16, 2023 1131 Views 0 comment Print

Government of India has decided that the date of closure of residual transactions for the month of March 2023 be fixed as April 10, 2023. In view of the ensuing closing of Government accounts for the financial year 2022-23, receiving branches including those not situated locally, should adopt special arrangements such as courier service etc., for passing on challans/scrolls etc., to the Nodal/Focal Point branches so that all payments and collections made on behalf of Government towards the end of March are accounted for in the same financial year. These instructions regarding special messenger arrangements may please be informed to all branches concerned.

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2023

March 14, 2023 1875 Views 0 comment Print

These regulations maybe called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2023.

DGFT amends policy for import of marble from Bhutan

March 14, 2023 1410 Views 0 comment Print

Import of 10000 MT of marble [under ITC (HS) Codes 2515 and 6802] shall be allowed from Bhutan without Minimum Import Price each year, subject to valid Registration Certificate issued by the DGFT. The procedure for issuance of Registration Certificate shall be notified separately. Government of India Ministry of Commerce & Industry Department of Commerce […]

Notification No. 13/2023-Income Tax, Dated: 14.03.2023

March 14, 2023 3105 Views 1 comment Print

CBDT notifies Notification No. 13/2023- Income Tax, Dated: 14.03.2023 to amend notification number S.O.1911(E) dated the 21st April, 2022  to replace the words Ariyalur & Kanniyakumari with the words Districts of Ariyalur & Districts of Kanniyakumari respectively. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) (Investigation Division-V) Notification No. 13/2023- Income Tax […]

Draft Surrogacy (Regulations) Amendment Rules, 2023

March 11, 2023 1623 Views 0 comment Print

‘Couple of Indian Origin’ means the couple where both husband(male) and wife(female) are Overseas Citizens of India(OCI) cardholders in accordance with the Instructions/Rules/Guidelines/Acts being followed by the Ministry of Home Affairs (MHA) from time to time subject to fulfilment of various criteria as per Surrogacy (Regulation) Act, 2021

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