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CBDT Specifies e-Filing for Forms 42, 43, and 44

November 19, 2024 2967 Views 0 comment Print

CBDT mandates electronic filing for Forms 42, 43, and 44 under Rule 131 of Income Tax Rules, 1962, effective November 22, 2024. Notification issued by DGIT (Systems).

Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Fourth Amendment) Regulations, 2024

November 19, 2024 1761 Views 0 comment Print

RBI amends FEMA regulations to define startups under the Foreign Currency Account framework, aligned with DPIIT’s notification on startup recognition.

Implementation of AES Encryption in ONMAGS Application

November 18, 2024 1581 Views 0 comment Print

NPCI mandates AES-GCM encryption for ONMAGS users by January 2025, enhancing data security. Non-compliance risks service discontinuation.

Government of West Bengal extended jurisdiction of Labour Courts/Tribunals

November 18, 2024 1116 Views 0 comment Print

The Government of West Bengal extends the jurisdiction of Labour Courts, Industrial Tribunals, and related courts for faster dispute resolution and case disposal.

SEBI (Alternative Investment Funds) (Fifth Amendment) Regulations, 2024

November 18, 2024 2799 Views 0 comment Print

SEBI amends Alternative Investment Funds (AIF) Regulations 2012, introducing changes to investor rights, pro-rata distributions, and differential rights for select investors.

IFSCA (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024

November 18, 2024 1032 Views 0 comment Print

The IFSCA has introduced regulations for registering factors and assigning receivables in IFSCs, effective from 18th November 2024.

Revised Guidelines for Capital Restructuring of CPSEs

November 18, 2024 2331 Views 0 comment Print

The Ministry of Finance issues updated capital restructuring guidelines for CPSEs to align with market evolution and improve operational flexibility.

Retrospective amendment of Employees’ Deposit Linked Insurance scheme, 1976

November 18, 2024 1989 Views 0 comment Print

EDLI Scheme amendment revises assurance benefits for deceased employees’ nominees, effective retrospectively from April 28, 2024. Learn key details here.

New Transaction and Product Codes for DBT Transactions

November 16, 2024 2283 Views 0 comment Print

NPCI introduces new transaction codes for DBT under NACH. Changes apply to APBS and ACH transactions with updates effective November 23, 2024.

Online Applications Invited for 3 Judicial and 3 Technical Member Posts in NCLT

November 13, 2024 1872 Views 0 comment Print

Online applications are invited for 6 posts in NCLT (3 Judicial & 3 Technical Members) with eligibility and detailed instructions on MCA portal.

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