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IRDAI (Re-insurance) (Amendment) Regulations, 2023

August 22, 2023 5295 Views 0 comment Print

Read about 2023 amendments to IRDAI Re-insurance regulations in India. Learn how these changes aim to enhance domestic capacity, encourage re-insurers, and improve ease of business.

SEBI (Depositories and Participants) (Second Amendment) Regulations, 2023

August 22, 2023 1548 Views 0 comment Print

Unraveling SEBI’s 2023 Notification on the (Depositories and Participants) (Second Amendment) Regulations. Dive into its implications, changes, and key takeaways.

SEBI Releases Third Amendment to 2018 Securities Contracts Regulations

August 22, 2023 873 Views 0 comment Print

SEBI announces the Third Amendment to the Securities Contracts Regulations pertaining to Stock Exchanges and Clearing Corporations for 2023.

Nutritional Info Excluded from Alcoholic Beverage Labels

August 21, 2023 507 Views 0 comment Print

Alcoholic beverages will now refrain from showcasing any nutritional information on their labels. The sole exception permitted is the declaration of energy content in kcal, which remains a voluntary declaration for producers.

Onions Export Duty Set at 40% till 31st Dec 2023: Notification No. 48/2023-Customs

August 19, 2023 5784 Views 0 comment Print

Ministry of Finance issues Notification No. 48/2023-Customs, imposing an effective export duty rate of 40% on onions until December 31, 2023.

Amendment to Customs Tariff Act: Export Duty on Onions Imposed

August 19, 2023 1986 Views 0 comment Print

Ministry of Finance’s Notification No. 47/2023-Customs amends Second Schedule to Customs Tariff Act, imposing 50% export duty on onions.

Revised Regulatory Framework for IDF-NBFCs: RBI Circular

August 18, 2023 2607 Views 0 comment Print

Get insights into updated regulatory framework for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) as per RBI’s circular issued on August 18, 2023.

CBDT Amends Income Tax Rules for Valuation of Accommodation Perquisite

August 18, 2023 20235 Views 1 comment Print

CBDT has modified Income Tax Rules, 1962, to determine the value of perquisite for residential accommodation provided by employers.

Reset of Floating Interest Rate on EMI based Personal Loans

August 18, 2023 4884 Views 1 comment Print

We are writing to bring to your attention the recent update from the Reserve Bank of India (RBI) regarding the reset of floating interest rates on Equated Monthly Installments (EMI) based personal loans. This directive, outlined in RBI Circular no. RBI/2023-24/55 dated August 18, 2023, pertains to all Scheduled Commercial Banks, Regional Rural Banks, Primary […]

RBI Guidelines on Fair Lending Practices for Penal Charges in Loan Accounts

August 18, 2023 10209 Views 0 comment Print

RBI issues guidelines to ensure transparency in penal charges on loans, with clear disclosure and reason, effective from January 1, 2024. Details and impact analyzed.

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