Government of India amends Customs notification No. 55/2022 to provide export duty exemption for Bangalore Rose Onion. Learn about the changes in this notification.
Learn about the updated procedure, format, and standards for applying for an income tax certificate under Section 197 of the Income-tax Act in India. Effective from October 1, 2023
On September 27, 2023, CBDT amended Income Tax Rule 14A & 14B, introducing Form No. 6D for Inventory Valuation. Explore changes & implications
Government extends RoDTEP Scheme support till June 2024, aiding exporters with duty remission. Learn about its impact and budget allocation in this update.
Explore Maharashtra Goods and Services Tax (Amendment) Ordinance, 2023 and its significant changes. Understand the impact on online gaming, casinos, and more.
Reserve Bank of India (RBI) has issued Circular RBI/2023-24/63 on September 25, 2023, addressing the display of information related to secured assets possessed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. This move towards greater transparency aims to ensure that Regulated Entities (REs) of the RBI, which […]
Ministry of Commerce approves export of 75,000 MT of non-Basmati white rice to UAE through NCEL. Read official notification for details
CBDT) amends Income Tax Rule 11UA regarding valuation of unquoted equity shares for tax purposes. Learn about changes in this amendment.
Central Board of Direct Taxes (CBDT) has recently issued a crucial notification concerning the payment of interest on loans to Non-Banking Financial Companies (NBFCs) under Section 43B(da) of the Income Tax Act. This notification, dated September 22, 2023, brings forth significant implications for both NBFCs and borrowers. Ministry of Finance (Department of Revenue) (Central Board […]
Explore recent notification (No. 79/2023) from Ministry of Finance regarding classification of non-banking financial companies (NBFCs) for income tax purposes.
