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CBIC reduces SAED on export of Diesel to Rs. Nil per litre from 1st March, 2024

February 29, 2024 228 Views 0 comment Print

CBIC amends Notification No. 04/2022-Central Excise, dated 30th June, 2022, to reduce Special Additional Excise Duty (SAED) on export of Diesel to Rs. Nil per litre from 1st day of March, 2024 vide Notification No. 09/2024-Central Excise | Dated: 29th February, 2024.

SAED on Petroleum Crude production increased to Rs. 4600 per tonne from 01.03.2024

February 29, 2024 198 Views 0 comment Print

Ministry of Finance increased Special Additional Excise Duty (SAED) on crude oil production to Rs. 4600 per tonne, effective March 1, 2024. This aims to generate additional revenue for the government. (Notification No. 08/2024-Central Excise)

Notification on Aadhaar Integration for Disability Scholarships

February 29, 2024 228 Views 0 comment Print

Learn about the Ministry’s mandate for Aadhaar integration to streamline the delivery of scholarships for students with disabilities, ensuring efficient and transparent processes.

Merchanting Trade in Foreign Country Allowed, Except CITES/SCOMET Goods

February 29, 2024 516 Views 0 comment Print

Explore the latest amendment (Notification No. 62/2023-DGFT) in Foreign Trade Policy 2023 by the Government of India. Understand the changes in Para 2.39 and its implications.

RBI Capital Adequacy Guidelines – Review of Trading Book

February 28, 2024 498 Views 0 comment Print

Explore RBI’s latest update on Capital Adequacy Guidelines, focusing on the review of the trading book. Key changes, impacts, and applicability for commercial banks.

IFSCA Act 2019: Modifications in SEZ Act 2005 and Rules 2006

February 28, 2024 618 Views 0 comment Print

Explore the latest finance ministry notification under IFSCA Act 2019, detailing modifications in Special Economic Zones Act 2005 and Rules 2006. Learn the impact on financial products, services, and institutions in International Financial Services Centres

Unregistered Investment Advisory: SEBI issues Warning Letter to Exact Key & Exaalgia IT Solutions

February 27, 2024 276 Views 0 comment Print

Explore SEBIs warning letter to Exact Key and Exaalgia IT Solutions for unregistered investment advisory services violation. Understand implications and regulatory compliance.

PFRDA (Pension Fund) (Second Amendment) Regulations, 2023

February 27, 2024 831 Views 0 comment Print

Dive into the PFRDA’s Second Amendment Regulations, 2023, impacting pension funds, fees, reporting, and disclosures for better financial governance.

RBI Guidelines for ARCs: Director, MD & CEO Appointments 2024

February 27, 2024 636 Views 0 comment Print

Explore RBI latest guidelines for Asset Reconstruction Companies (ARCs) on director and CEO appointments. Key details, forms, and submission process revealed

CBDT mandates electronic filing of 8 income tax forms starting April 1, 2024

February 26, 2024 23583 Views 1 comment Print

Explore the implications of Notification No. 01/2024 by the Directorate of Income Tax (Systems) mandating electronic filing of forms, returns, statements, and reports under Income-tax Rules, 1962.

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