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Individual Housing loans – Revised limits under four-tiered regulatory framework

December 30, 2022 1725 Views 0 comment Print

Ceilings on housing loans to individuals are prescribed as ₹60 lakh for Tier-I UCBs and ₹140 lakh for Tier-II UCBs. Consequent upon classification of UCBs into four tiers under the revised regulatory framework, it has been decided to specify the limits on housing loans sanctioned by UCBs to an individual borrower as ₹60 lakh for Tier-1 UCBs and ₹140 lakh for UCBs categorised in Tier-2 to 4. Other terms and conditions of the circular ibid, remain unchanged.

Interest rates of small saving schemes for January 23 to March 23

December 30, 2022 7821 Views 0 comment Print

Revision of interest rates for Small Savings Schemes for Q4 of 2022-23 (i.e. from 1st January, 2023 to 31st March, 2023) Interest rates of small saving schemes for the Fourth quarter of financial year 2022-23 starting from 1st January, 2023 and ending on 31st March, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account […]

Instructions regarding Grant of HRA to Central Government employees

December 30, 2022 26931 Views 0 comment Print

No.2/4/2022-E.IIB Government of India Ministry of Finance Department of Expenditure *** North Block, New Delhi. Dated the 30th December, 2022. OFFICE MEMORANDUM Subject: Compendium of Instructions regarding grant of House Rent Allowance to Central Government employees -regarding The Department of Expenditure, Ministry of Finance has issued various instructions from time to time regarding grant of […]

Legal Metrology (Packaged Commodities) (Amendment) Rules, 2022

December 29, 2022 12762 Views 0 comment Print

These rules may be called the Legal Metrology (Packaged Commodities) Amendment (Amendment) Rules, 2022. They shall come into force on the date of their publication in the Official Gazette.

CBDT appoints 174 ACIT as DCIT w.e.f. 01.01.2023

December 29, 2022 3072 Views 0 comment Print

174 ACIT (Junior Scale) are, hereby, appointed as DCIT (Senior Time Scale) in Level 11 (Rs.67,700-2,08,700/-) of the Pay matrix (PB-3 in the pay scale of Rs. 15,600-39,000 (from GP Rs. 5,400 to 6,600) (pre-revised)], w.e.f 01.01.2023

CBDT appoints 145 ACIT as DCIT w.e.f. 01.01.2023

December 29, 2022 7533 Views 0 comment Print

The following Assistant Commissioners of Income Tax (Junior Scale) are, hereby, appointed as Deputy Commissioner of Income Tax (Senior Time Scale) in Level 11 (Rs.67.700-2,08,700/-) of the Pay matrix (PB-3 in the pay scale of Rs. 15,600-39,000 (from GP Rs. 5,400 to 6,600) (pre-revised)], w.e.f. 01.01.2023

Govt extends concessional import duties on specified edible oils & lentils

December 29, 2022 1074 Views 0 comment Print

Seeks to amend notification Nos. 48/2021 and 49/2021 – Customs, both dated 13.10.2021, in order to extend the existing concessional import duties on specified edible oils and lentils up to and inclusive of the 31st March, 2024 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 65/2022-Customs | Dated: 29th December, 2022 G.S.R. 909(E).—In […]

Second tranche of tariff concessions under India Australia ECTA notified

December 29, 2022 1392 Views 0 comment Print

Seeks to give effect to the second tranche of tariff concessions under India Australia ECTA vide Notification No. 64/2022-Customs | Dated: 29th December, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 64/2022-Customs | Dated: 29th December, 2022 G.S.R. 908(E).—In exercise of the powers conferred by sub-section (1) of section 25 of […]

Free Import Policy of Urad & Tur extended up to 31.03.2024

December 28, 2022 840 Views 0 comment Print

The Free Import Policy of Urad and Tur shall stand extended up to 31.03.2024 vide Notification No. 52/2015-2020-DGFT Dated: 28th December, 2022

Free import policy of items under HSN 15119010, 15119020 & 15119090 extended beyond 31.12.2022

December 28, 2022 2709 Views 0 comment Print

Free import policy of items under HS code 15119010, 15119020 and 15119090 is extended beyond 31.12.2022 until further orders vide Notification No. 51/2015-2020-DGFT | Dated: 28th December 2022 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi Notification No. 51/2015-2020-DGFT | Dated: 28th December 2022 Subject: Amendment […]

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