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Income Tax Exemption for West Bengal Transport Workers Social Security Scheme

August 12, 2024 537 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 7122 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 2349 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 1242 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.

RBI Guidelines on Acceptance of Public Deposits applicable to HFCs & NBFCs

August 12, 2024 2970 Views 0 comment Print

RBI revises regulations for HFCs and NBFCs, harmonizing deposit acceptance norms and enhancing liquidity requirements as of August 12, 2024

RBI Mandates Fortnightly Credit Info Reporting by CICs and CIs

August 8, 2024 3228 Views 0 comment Print

RBI directs Credit Institutions to report credit information to Credit Information Companies fortnightly, effective January 1, 2025, for timely credit assessment.

Tea (Holding Inquiry and Appeal) Rules, 2024

August 8, 2024 579 Views 0 comment Print

New Tea (Holding Inquiry and Appeal) Rules, 2024 issued under the Tea Act, 1953, detailing inquiry and appeal procedures for contraventions and penalties.

Rubber (Holding Inquiry and Appeal) Rules, 2024

August 8, 2024 459 Views 0 comment Print

Ministry of Commerce issues rules for adjudication and appeals under the Rubber Act, 1947. Includes procedures for inquiries, penalties, and appeals.

Finance (No. 2) Bill, 2024 – As Passed by Lok Sabha on 7.8.2024

August 7, 2024 10032 Views 0 comment Print

Explore the Finance Bill 2024, detailing income tax rates, surcharges, and provisions for various taxpayers, including individuals, companies, and co-operatives.

Railways (Amendment) Bill, 2024 as introduced in Lok Sabha

August 7, 2024 1023 Views 0 comment Print

The Railways (Amendment) Bill 2024 updates the Railways Act, 1989 by incorporating provisions of the Indian Railway Board Act, 1905, enhancing Railway Board functions.

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