CBDT exempts tax collection at source (TCS) on payments received from the Reserve Bank of India under Section 206C(1F) of the Income Tax Act.
CBDT issued Income-tax (Ninth Amendment) Rules 2024, amending tax collection and credit provisions under Section 206C. Effective from 16th October 2024.
The Ministry of Finance amends Income Tax Rules with Notification 112/2024, streamlining tax deduction processes and compliance requirements.
The Income Tax Amendment Rules, effective October 1, 2024, revise Form No. 10A and 10AB for registration under sections 12A and 80G.
MCA amends Cost Accountants Act, appointing Dr. Anju Rathi Rana as presiding officer of the Election Tribunal. Effective from the publication date.
Ministry of Corporate Affairs amends Chartered Accountants Act, appointing Dr. Anju Rathi Rana as presiding officer of Election Tribunal. Effective from publication date.
Maharashtra’s new ordinance raises stamp duties, setting minimum rates at Rs 500 and increasing charges on key documents like Articles of Association and Partnership Deeds.
IFSCA amends the 2021 insurance regulations, simplifying application forms and reinsurance options. Changes come into effect upon Gazette publication.
Overview of IFSCA’s 2024 regulations governing authorization and operation of payment systems in International Financial Services Centres (IFSCs).
IFSCA updates 2022 investment rules for insurance offices, introducing new limits for ULIP funds and DTA investments. Changes take effect from official Gazette publication.
