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CBDT notifies ITR 1 and ITR 4 for AY 2024-25 / FY 2023-24

December 22, 2023 13488 Views 0 comment Print

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 […]

LRS for Resident Individuals- Reporting of monthly return & daily transactions

December 22, 2023 2838 Views 0 comment Print

Stay informed! RBI directs Authorised Dealer Banks to report Liberalised Remittance Scheme data through Centralised Information Management System (CIMS) starting December 26, 2023

CIMS Implementation: RBI Shifts from XBRL for Gold Import Data

December 22, 2023 2340 Views 0 comment Print

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 […]

Reverse Repo transactions – Reporting in Form ‘A’ Return

December 22, 2023 1035 Views 0 comment Print

Stay informed with the latest RBI circular on reverse repo transactions. Learn about revised reporting requirements for bank transactions with non-banks. Read more.

CBIC enable gold imports by valid TRQ holders under India UAE CEPA

December 22, 2023 2280 Views 0 comment Print

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 Concessional Import Duties on Masur Dal until March 31, 2025

December 21, 2023 891 Views 0 comment Print

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.

SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2023

December 21, 2023 3033 Views 0 comment Print

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.

SEBI (Listing Obligations and Disclosure Requirements) (Seventh Amendment) Regulations, 2023

December 21, 2023 2367 Views 0 comment Print

Stay updated on SEBI’s latest amendment – Seventh Amendment Regulations 2023. Dive into changes, implications, and insights. Essential reading for investors and businesses.

Foreign Exchange Management (Manner of Receipt & Payment) Regulations, 2023

December 21, 2023 3135 Views 0 comment Print

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.

RBI Directive: Empowering CoFT through Card Issuers – 2023 Update

December 20, 2023 1155 Views 0 comment Print

Stay informed on the latest RBI directive (RBI/2023-24/91) enabling Card-on-File Tokenisation (CoFT) through card issuers. Learn the requirements and implications for payment system providers and participants

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