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Introduction of UPI Circle: Delegated Payments for secondary users

August 13, 2024 969 Views 0 comment Print

NPCI introduces UPI Circle, allowing primary users to delegate payment tasks to trusted secondary users with new security and limit guidelines.

Static and Mobile Pressure Vessels (Unfired) (Amendment) Rules 2024

August 13, 2024 1257 Views 0 comment Print

Draft rules propose amendments to the Static and Mobile Pressure Vessels (Unfired) Rules, 2016, including updated inspection and certification fees.

Government Permits Aadhaar Authentication for 15 Securities Firms

August 13, 2024 1953 Views 0 comment Print

15 securities firms authorized to perform Aadhaar authentication under the Prevention of Money-laundering Act after meeting privacy and security standards.

IBBI (Inspection and Investigation) (Amendment) Regulations, 2024

August 13, 2024 501 Views 0 comment Print

IBBI amends Inspection and Investigation Regulations, extending the response period to show-cause notices to 60 days from the due date, effective August 2024.

IBBI (Information Utilities) (Amendment) Regulations, 2024

August 13, 2024 645 Views 0 comment Print

IBBI updates Information Utilities Regulations with new timelines and verification procedures starting October 2024, improving default record management.

Income Tax Exemption for UIDAI’s Specified Income 2024-2029

August 12, 2024 1287 Views 0 comment Print

UIDAI’s specified income receives tax exemption for AY 2024-2025 to 2028-2029 under Income-tax Act, 1961, as per the latest CBDT notification.

Income Tax Exemption for West Bengal Transport Workers Social Security Scheme

August 12, 2024 483 Views 0 comment Print

West Bengal Transport Workers’ Social Security Scheme receives tax exemption for specified income under Income-tax Act for AY 2021-2022 to 2025-2026.

Companies (Indian Accounting Standards) Amendment Rules, 2024

August 12, 2024 6870 Views 0 comment Print

MCA revises Indian Accounting Standards, updating Ind AS 101, 103, 105, and 107, and omitting Ind AS 104 as per Notification G.S.R. 492(E) on August 12, 2024.

Companies (Registration of Foreign Companies) Amendment Rules, 2024

August 12, 2024 2190 Views 0 comment Print

Learn about the Companies (Registration of Foreign Companies) Amendment Rules, 2024, including updates to Rule 3 & Rule 8, effective from September 9, 2024.

RBI Updates Risk Weights for Housing Finance Companies

August 12, 2024 1131 Views 0 comment Print

RBI revises risk weights for Housing Finance Companies, capping undisbursed loan risk weights and adjusting risk weights for commercial real estate exposures.

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