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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 10038 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.

Notification No. 98/2024 Income Tax Exemption for Karnataka Disaster Centre

August 7, 2024 1146 Views 0 comment Print

CBDT notifies Karnataka State Natural Disaster Monitoring Centre for tax exemptions on specific incomes. Effective for AY 2021-22 to 2025-26 with conditions.

Notification No. 97/2024 Income Tax Exemption for Kalyan Karnataka Board

August 7, 2024 441 Views 0 comment Print

Ministry of Finance notifies Kalyan Karnataka Region Development Board’s tax exemption for grants and interest, effective for FYs 2021-22 and 2022-23.

Carriage of Goods by Sea Bill, 2024 as introduced in Lok Sabha

August 6, 2024 1221 Views 0 comment Print

Explore the Carriage of Goods by Sea Bill 2024, outlining carrier responsibilities, liabilities, and rights based on international conventions and new provisions.

Bills of Lading Bill, 2024 as introduced in Lok Sabha

August 6, 2024 2055 Views 0 comment Print

The Bills of Lading Bill 2024 updates the transfer of rights and liabilities to consignees and endorses, repealing the 1856 Act and introducing new provisions. (160 Characters)

Banking Laws (Amendment) Bill, 2024 as introduced in Lok Sabha

August 6, 2024 2178 Views 0 comment Print

The Banking Laws (Amendment) Bill, 2024 revises key provisions in the Reserve Bank of India Act, Banking Regulation Act, and related laws, including changes to financial reporting and banking operations.

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