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RBI’s Responsible Lending Guidelines for Release of Property Documents

September 13, 2023 10137 Views 1 comment Print

Reserve Bank of India issues guidelines for releasing movable and immovable property documents upon personal loan repayment. Learn more about responsible lending conduct.

Notification No. 71/2023- Income-Tax Dated: 12th September, 2023

September 12, 2023 17793 Views 1 comment Print

Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) Notification No. 71/2023- Income-Tax Dated: 12th September, 2023 S.O. 3981(E).—In exercise of the powers conferred by sub-clause (d) of clause (viiab) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendments in the notification […]

CBDT notifies Multi Commodity Exchange Investor (Client) Protection Fund Trust U/s. 10(23EC)

September 12, 2023 927 Views 0 comment Print

Read about latest CBTD notification regarding Multi Commodity Exchange Investor Protection Fund Trust under Section 10(23EC) for assessment year 2014-15.

Appointment of Administrators under PMLA Section 10

September 12, 2023 966 Views 0 comment Print

Notification on Appointment of Administrators under Section 10 of Prevention of Money-laundering Act, 2002. Learn about their role & responsibilities.

Amendment in Export Policy for Food Supplements with Botanicals

September 11, 2023 1563 Views 0 comment Print

Government of India amends export policy for food supplements containing botanicals. Get the details on official certificates and requirements for exports to the EU and UK.

RBI Directive: Additional Balance Requirements for Banks

September 8, 2023 696 Views 0 comment Print

Read Reserve Bank of India (RBI) notification dated 8th September 2023, outlining additional average daily balance requirements for banks in India

Understanding RBI’s Decision to Phase Out Incremental CRR: What It Means for Banks

September 8, 2023 1473 Views 0 comment Print

RBI’s recent announcement on phasing out of Incremental Cash Reserve Ratio (I-CRR). Understand impact on system liquidity and what it means for various types of banks.

Govt Approves Aadhaar Authentication by 3 Firms for Section 11A of Money-laundering Act

September 6, 2023 1167 Views 0 comment Print

Indian government has permitted Fedbank Financial Services, Amrit Malwa Capital, and Nissan Renault Financial Services to perform Aadhaar authentication under Section 11A of the Money-laundering Act.

CBIC revises effective duty for certain products wef 6th September, 2023

September 5, 2023 2289 Views 0 comment Print

CBIC amends Notification No. 50/2017-Customs, dated the 30th June, 2017 February, 2021 in order to revise effective duty for certain products vide Notification No. 53/2023-Customs Dated: 5th September, 2023. Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 53/2023-Customs | Dated: 5th September, 2023 G.S.R. 656(E).— In exercise of the powers conferred […]

Customs Duty Amendments for Textile Machinery Exemptions

September 5, 2023 3417 Views 0 comment Print

Notifications No. 52/2023-Customs Dated: 5th September, 2023, modifying duty exemptions on textile machinery. Analysis of changes & implications.

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