DGFT amends import policy for Laptops, Tablets, PCs, and Servers under HSN 8471, imposing restrictions and conditions. Full details on the changes here.
Ministry of Corporate Affairs in India has recently issued a significant update to the Companies (Incorporation) Rules, 2023. These rules may be called the Companies (Incorporation) Second Amendment Rules, 2023, indicating a second round of changes this year. Furthermore, the update also includes a critical change in the form for filing application to the Central Government […]
The Institute of Cost Accountants of India (ICAI), established under the Cost and Works Accountants Act, 1959, is a statutory body and a premier professional organization for cost and management accountants in India. The Institute plays a crucial role in promoting and regulating the profession of cost and management accounting in the country. In pursuit […]
Check out Income Tax Notification 57/2023 issued by the Ministry of Finance, offering tax deduction relaxation for ship lease payments in International Financial Services Centre (IFSC). Understand the conditions and procedures for availing the deduction as a lessor or lessee.
Read Notification No. 56/2023 under the Income Tax Act, 1961, specifying the details of a zero coupon bond issued by REC Ltd. Learn about the bond’s period, maturity amount, discount, and more.
Check out notification (No. 55/2023) under Section 10(46) of Income Tax Act 1961 by Ministry of Finance, impacting Joint Electricity Regulatory Commission (Goa and UTs).
Find out the latest Income Tax amendment in 2023, introducing new rules for preliminary expenses under section 35D. The Ministry of Finance has issued the Income Tax (Fourteenth Amendment) Rules, 2023, affecting businesses and individuals. Learn more about the changes and how they impact your tax filings.
Based on the information provided, it appears that the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, has been introduced in Lok Sabha on 1st August, 2023. The bill aims to amend the Government of National Capital Territory of Delhi Act, 1991. The Statement of Objects and Reasons explains the need for the […]
Read latest notification (No. 04/2023) from Ministry of Finance, Department of Revenue, allocating jurisdiction among Competent Authorities under Benami Property Transactions Act.
Read about the Directorate General of Foreign Trade (DGFT) Notification No. 22/2023, amending the Export Policy for Food Supplements containing botanicals to European Union and United Kingdom