On the 24th of December, 2023, the President of India gave assent to the Post Office Act, 2023, which has now been officially published by the Ministry of Law and Justice (Legislative Department). This Act aims to consolidate and amend the laws pertaining to the Post Office in India, addressing various aspects of postal services […]
CBDT notifies ITR 1 and ITR 4 for Assessment Year (AY) 2024-25 / Financial Year (FY) 2023-24 vide Notification No. 105/2023-Income Tax Dated: 22nd December, 2023. Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) New Delhi Notification No. 105/2023-Income Tax Dated: 22nd December, 2023 G.S.R. 908(E).— In exercise of the powers conferred by […]
Stay informed! RBI directs Authorised Dealer Banks to report Liberalised Remittance Scheme data through Centralised Information Management System (CIMS) starting December 26, 2023
Introduction: The Reserve Bank of India (RBI) has issued a crucial circular, A.P. (DIR Series) Circular No.12, dated December 22, 2023, addressing All Category-I Authorised Dealer Banks. This communication pertains to the implementation of the Centralised Information Management System (CIMS) and the consequential discontinuation of the submission of gold import data through the legacy XBRL […]
Stay informed with the latest RBI circular on reverse repo transactions. Learn about revised reporting requirements for bank transactions with non-banks. Read more.
Explore the latest changes in Customs regulations with Notification No. 66/2023-Customs by the Ministry of Finance. Key amendments and their impact revealed.
Govt extends the existing concessional import duties on Masur Dal up to and inclusive of the 31st March, 2025. The same was earlier extended upto 31st March, 2024 vide notification No. 65/2022-Customs, dated the 29th December, 2022.
Explore the latest SEBI amendment – Third Amendment Regulations 2023. Detailed analysis of changes in Issue of Capital and Disclosure Requirements. Stay informed for better compliance.
Stay updated on SEBI’s latest amendment – Seventh Amendment Regulations 2023. Dive into changes, implications, and insights. Essential reading for investors and businesses.
Explore the latest Foreign Exchange Management Regulations by RBI in 2023. Learn about payment methods, trade transactions, and the impact on India’s financial landscape.