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Income Tax Notification u/s 35 (1)(ii) in case of Advanced Manufacturing Technology Development Centre, Chennai

August 30, 2024 534 Views 0 comment Print

Chennai’s Advanced Manufacturing Technology Development Centre approved for tax benefits under Income Tax Act section 35(1)(ii) from AY 2025-26 to 2029-30.

ICAI Removes 5 Members from Register Effective 30th August 2024

August 30, 2024 2403 Views 1 comment Print

The ICAI has removed five Chartered Accountants from its Register for professional misconduct, imposing fines and suspensions ranging from one month to three years.

Windfall tax on crude petroleum reduced to Rs 1850/tonne wef 31.08.2024

August 30, 2024 480 Views 0 comment Print

The Indian government has amended the Central Excise duty to Rs. 1850 per tonne effective from August 31, 2024, under the Central Excise Act, 1944.

National Savings Scheme Rules 1987: No Interest from 1st October 2024

August 29, 2024 9168 Views 10 comments Print

As per the Finance Ministry notification, National Savings Scheme balances will bear no interest from October 1, 2024. Learn more about the recent rule change.

National Savings Scheme 1992 Amendments: No Interest from 1st October 2024

August 29, 2024 2784 Views 1 comment Print

Amendment to National Savings Scheme Rules, 1992 ends interest on NSS balances after October 1, 2024, as per the Ministry of Finance’s notification.

Securities Contracts (Regulation) Amendment Rules, 2024

August 28, 2024 1422 Views 0 comment Print

The 2024 amendment to the Securities Contracts Rules introduces key changes for companies listed in International Financial Services Centres (IFSCs).

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Fourth Amendment) Regulations, 2024

August 26, 2024 1236 Views 0 comment Print

SEBI’s 2024 amendment restricts stock exchanges and clearing corporations from associating with unregulated entities, enforcing stricter compliance.

SEBI (Intermediaries) (Amendment) Regulations, 2024

August 26, 2024 2001 Views 0 comment Print

SEBI updates Intermediaries Regulations 2024, restricting associations with unregistered advisors, ensuring compliance in securities recommendations.

SEBI (Depositories and Participants) (Second Amendment) Regulations, 2024

August 26, 2024 1449 Views 0 comment Print

SEBI introduces amendments to Depositories and Participants Regulations, 2024, setting new restrictions on associations with certain entities in securities dealings.

Implementation of Rs 5 Lakh limit per transaction for Tax Payment in UPI

August 24, 2024 1524 Views 0 comment Print

NPCI announces Rs 5 lakh UPI transaction limit for verified merchants in tax payment categories, effective from September 15, 2024.

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