RBI Circular No. 17/2024-25 outlines new guidelines for compounding contraventions under FEMA, emphasizing compliance for authorized banks.
DGFT modifies export policy for cough syrup, exempting mandatory testing under specific conditions for exports to countries with approved regulatory standards.
CBDT designates OCAC Chairman for identifying genuine beneficiaries of Odisha’s social welfare schemes under Section 138 of the Income Tax Act, 1961.
RBI identifies irregularities in gold loans, urging banks and NBFCs to review practices like valuation, LTV monitoring, KYC, and compliance with cash disbursal limits.
Notification No. 45/2024 amends various Customs notifications to align HS Codes with the Finance Act 2024, effective from 1st October 2024.
FSSAI waives registration fee for hawkers, grants 5-year certificate, effective from 28th September 2024, under the Food Safety and Standards Act.
DGIT issues notification on the procedure for filing Form-1 under the Direct Tax Vivad Se Vishwas Scheme, 2024. Learn about the online filing steps and submission process.
The Government extends the RoDTEP scheme for DTA and SEZ exports, with revised rates effective from October 10, 2024. Full details are provided in the notification.
Export of Non-Basmati White Rice is now allowed, subject to a minimum export price of USD 490/tonne, under revised policy effective immediately.
MCA issues the Companies (Ind AS) Third Amendment Rules, 2024. New provisions for insurers on financial reporting using Ind AS 104 until Ind AS 117 is notified.
