CBDT amends rule 37BB and introduces Form 15CD for International Financial Services Centre (IFSC) unit remittances from January 1, 2024
Get insights on RBI’s recent clarification on reporting Reverse Repo transactions for commercial banks in Form ‘A’ Return. Learn the new practice guidelines.
The Indian Ministry of Finance has issued Notification No. 89/2023-Income Tax on October 13, 2023. This notification designates Stichting Pensioenfonds ABP as the specified person for eligible investments made in India. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 89/2023-Income Tax | Dated: 13th October,2023 S.O. 4501(E).— In exercise of […]
Indian Ministry of Finance extends the export duty of 20% on parboiled rice up to April 1, 2024. Learn about this amendment and its implications.
Discover extension of Deemed Exports benefits for fuel supply in petroleum exploration till March 31, 2023, and guidelines for claiming refunds. Learn more
DGFT amends silver import policies. IFSCA-Approved jewelers can import silver under specific ITC(HS) codes via India International Bullion Exchange IFSC Ltd. (IIBX)
RBI decided to extend Prompt Corrective Action (PCA) Framework to Government Non-Banking Financial Companies (NBFCs), excluding those in the Base Layer, effective from October 1, 2024.
Get latest updates on Income Tax Rules (24th Amendment) in 2023, including changes related to foreign companies, PAN, and document requirements.
IRDAI introduces the Bima Vahak Guidelines 2023 to establish a dedicated women-centric distribution channel, enhancing insurance accessibility and availability across India.
n an effort to protect its domestic industry, India has decided to implement bilateral safeguard measures on imports of “Ferro Molybdenum” originating from the Republic of Korea. This move follows the recommendations made by the Directorate General of Trade Remedies (DGTR) under the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017. MINISTRY OF […]
