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RBI notifies updated list of ‘significant benchmarks’ administered by FBIL

December 1, 2022 3231 Views 0 comment Print

Reserve Bank hereby notifies Modified Mumbai Interbank Forward Outright Rate (MMIFOR) administered by Financial Benchmarks India Pvt. Ltd. (FBIL) as a ‘significant benchmark’.

CBIC reduces Special Additional Excise Duty (SAED) on Diesel to Rs. 6.50 per

December 1, 2022 735 Views 0 comment Print

CBIC reduces Special Additional Excise Duty (SAED) on Diesel to Rs. 6.50 per litre vide Notification No. 41/2022-Central Excise, Dated: 01.12.2022

SAED on production of Petroleum Crude reduced to Rs. 4900 per tonne

December 1, 2022 408 Views 0 comment Print

Special Additional Excise Duty (SAED) on production of Petroleum Crude reduced to Rs. 4900 per tonne vide Notification No. 40/2022-Central Excise Dated 1st December, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 40/2022-Central Excise Dated 1st December, 2022 G.S.R.860(E).–In exercise of the powers conferred by section 5A of the […]

Legal Metrology (Packaged Commodities) (Amendment) Rules, 2022

November 30, 2022 3393 Views 0 comment Print

These rules may be called the Legal Metrology (Packaged Commodities) (Amendment) Rules, 2022. They shall come into force on the date of their publication in the Official Gazette.

CBDT notifies Under-17 Women’s World Cup, 2022 as international sporting event

November 30, 2022 1260 Views 0 comment Print

CBDT notifies Federation Internationale de Football Association Under-17 Women’s World Cup, 2022 as the international sporting event for Income Tax Exemption under Section 10(39) vide Notification No. 126/2022-Income Tax | Dated: the 30th November, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi Notification No. 126/2022-Income Tax | Dated: the […]

Draft Food Safety and Standards (Labelling & Display) Amendment Regulations, 2022

November 30, 2022 1704 Views 0 comment Print

Draft Regulations – These regulations may be called the Food Safety and Standards (Labelling & Display) Amendment Regulations, 2022.

DFGT amends Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS)

November 30, 2022 3426 Views 0 comment Print

Annual SCOMET Update – 2022 has been notified to amend Appendix 3 (SCOMET Items) to Schedule-2 of ITC (HS) Classification of Export and Import Items, 2018 vide Notification No. 46/2015-2020|Dated: 30th November, 2022 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan New Delhi Notification No. 46/2015-2020|Dated: […]

Incorporation of new policy condition against Organic Non-Basmati Broken Rice

November 29, 2022 2091 Views 0 comment Print

Export of Organic Non-basmati rice, including Organic Non-basmati broken rice, will be governed as per provisions under Notification No.03/2015-2020 dated 19th April, 2017 – Notification No. 45/2015-2020-DGFT | Dated:  29th November, 2022.  Government of India Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 45/2015-2020-DGFT | Dated:  29th November, 2022 Subject: […]

IFSCA (Maintenance of Website) Regulations, 2022

November 25, 2022 873 Views 0 comment Print

IFSCA (Maintenance of Website) Regulations, 2022 aim to provide an enabling framework for IFSCA to develop a best-in class website, comparable to those of other international financial sector regulators, while conforming to the standards and guidelines of Government of India and other relevant agencies.

CBIC amends certain specific FTA/PTA notifications

November 25, 2022 2493 Views 0 comment Print

CBIC amends 5 Customs Notifications w.r.t imports of Flat panels, Display modules, or Control circuits into India from Singapore vide Notification No. 61/2022-Customs | Dated: 25th November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 61/2022-Customs | Dated: 25th November, 2022 G.S.R. 848(E).— In exercise of the powers conferred by sub-section […]

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