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Central Govt Approves Amul R&D Association for Tax Benefits

April 9, 2024 1590 Views 1 comment Print

Notification No. 38/2024-Income Tax: Central Government approves Amul Research and Development Association for tax benefits under section 35 of Income-tax Act, 1961.

Fincare Small Finance Bank Amalgamated into AU Small Finance Bank

April 8, 2024 1461 Views 0 comment Print

RBI’s notification sanctions amalgamation of Fincare Small Finance Bank into AU Small Finance Bank. Details of the exclusion from Second Schedule provided here.

CBIC notifies Nil Interest Rate for Late GSTR-3B Filings for specified taxpayers

April 8, 2024 6348 Views 0 comment Print

Stay updated with the latest Ministry of Finance notification (No. 07/2024) regarding the Nil interest rate for specified registered persons under the CGST Act for late GSTR-3B filings.

Authorising Revisional Authority under section 108 of KGST Act, 2017

April 6, 2024 1293 Views 0 comment Print

Explore the authorization of Revisional Authorities under Section 108 of KGST Act 2017. Learn about designated officers, procedures, and implications.

Amendment in Import Policy Condition for Melon Seeds

April 5, 2024 1278 Views 0 comment Print

Check the latest amendment by Ministry of Commerce & Industry, allowing free import of Melon Seeds from May 1, 2024, with specific conditions.

Extension in import period for Yellow Peas under ITC (HS) Code 07131010

April 5, 2024 897 Views 0 comment Print

Read about the amendment in import policy conditions for Yellow Peas under ITC(HS) Code 07131010 by the Government of India’s Ministry of Commerce & Industry

Supply of essential commodities allowed to Maldives during 2024-25

April 5, 2024 930 Views 0 comment Print

Notification No. 03/2023 by DGFT permits export of essential commodities like eggs, rice, and sand to Maldives for 2024-25, exempting from restrictions.

RBI Excludes Kapol Co-operative Bank from Second Schedule

April 5, 2024 960 Views 0 comment Print

Learn about RBI’s exclusion of Kapol Co-operative Bank from the Second Schedule to the RBI Act, 1934, impacting commercial and co-operative banks.

Amendment in Import Policy to Allow Duty-Free Imports of Yellow Peas

April 5, 2024 1704 Views 0 comment Print

Learn about the amendment to No. 64/2023-Customs allowing duty-free imports of yellow peas with bill of lading issued by June 30, 2024.

Interim Action Plan FY 2024-25 of Income Tax Department

April 5, 2024 9174 Views 0 comment Print

Detailed guidelines from the Central Board of Direct Taxes for the interim action plan FY 2024-25. Learn about key result areas, timelines, and compliance measures.

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