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RBI Directive on WMD Act Amendments: Compliance Guidelines 2024

January 6, 2024 1128 Views 0 comment Print

Explore RBI’s latest directive on Weapons of Mass Destruction Act amendments. Learn about KYC procedures, UNSCR 1718 sanctions, and compliance for regulated entities.

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2024

January 5, 2024 4797 Views 0 comment Print

Explore Securities and Exchange Board of India’s (SEBI) recent amendments to Alternative Investment Funds (AIF) regulations in 2024. Understand the impact and key modifications

Section 10(46) Income Tax Exemption for Polavaram Project Authority

January 5, 2024 1581 Views 0 comment Print

Explore the latest Income Tax Notification (No. 9/2024) dated January 5, 2024. Details on Polavaram Project Authority’s specified income, conditions, and applicable assessment years.

Section 10(46) Income Tax Exemption for Haryana State Board of Technical Education

January 5, 2024 1272 Views 0 comment Print

Explore the impact of Notification No. 8/2024 by the Ministry of Finance on Haryana State Board of Technical Education’s specified income under the Income Tax Act.

Section 10(46) Income Tax Exemption for Karmayogi Bharat

January 5, 2024 1161 Views 0 comment Print

Explore the impact of Notification No. 7/2024 from the Ministry of Finance, granting tax exemption to Karmayogi Bharat for specified incomes. Learn about conditions and assessment years.

Section 10(46) Income Tax Exemption for District Legal Service Authority UT Chandigarh

January 5, 2024 933 Views 0 comment Print

Explore Notification No. 6/2024 by the Ministry of Finance (CBDT) granting income tax benefits to District Legal Service Authority UT Chandigarh. Learn about specified income sources and conditions.

RBI KYC Update: Amendment to PEPs Definition in Master Direction

January 4, 2024 3408 Views 0 comment Print

Stay informed on the latest RBI KYC amendment. Explore the revised definition of Politically Exposed Persons (PEPs) and its impact on customer due diligence. Read more.

Corrigendum to Notification for Stichting Pension funds under section 10(23FE)

January 4, 2024 753 Views 0 comment Print

Stay informed on the latest tax changes! Explore the Corrigendum to Notification No.5/2024 by the Ministry of Finance. Analysis and impact covered in this update.

Income Tax Notification on Non-Resident Investment in Financial Products

January 4, 2024 1968 Views 0 comment Print

Explore the latest Income Tax Act amendment (Notification No. 04/2024) allowing non-residents to invest in financial products through International Financial Services Centres. Analysis of key provisions and impact on offshore banking. Learn about capital market intermediaries, financial products, and the International Financial Services Centre Act. Stay informed on tax implications and opportunities for non-resident investors.

Amendment in Import Policy for Screws under HS Code 7318

January 3, 2024 13872 Views 0 comment Print

Explore the latest amendment in the Import Policy for screws under HS Code 7318 by the Government of India’s Ministry of Commerce & Industry. Notification No. 55/2023-DGFT dated 3rd January, 2024.

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