Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum of money received by an individual, from any person, in respect of any expenditure actually incurred by him on his medical treatment or treatment of any member of his family in […]
CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No. 90/2022-Income Tax, Dated: 05.08.2022 Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) New Delhi Notification No. 90/2022-Income Tax | Dated: 5th August, 2022 S.O. 3703(E).—In exercise of the powers conferred by sub-clause […]
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th August, 2022 G.S.R. 624(E).—In exercise of the powers conferred under sub-sections (1) and (3) of section 128, sub-section (3) of section 129, section 133, section 134, sub-section (4) of section 135, sub-section (1) of section 136, section 137 and section 138 read with section 469 of […]
RBI increase policy repo rate under Liquidity Adjustment Facility by 50 basis points from 4.90 per cent to 5.40 per cent with immediate effect
‘Credit Information Company’ as defined in the Credit Information Companies (Regulation) Act, 2005, shall also be treated as a ‘Regulated Entity’ for the purpose of the Scheme.
The requirement for BIS certification for import of ‘Hexane, Food Grade’ is removed, with immediate effect vide Notification No. 24/2015-2020-DGFT | Dated: 4th August 2022. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Notification No. 24/2015-2020-DGFT | Dated: 4th August 2022 Subject: Amendment […]
The redemption of principal at maturity shall, at the option of the depositor, be either in Indian Rupee equivalent of the value of deposited gold at the time of redemption, or in gold. However, any premature redemption of MLTGD shall be only in INR.
ICAI vide Notifications dated 4th August, 2022 notified removal of name of 4 Chartered Accountants from the Register of Members for a period ranging from 15 days to 5 years. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 4th August, 2022 (CHARTERED ACCOUNTANTS) F. No. […]
Insurance Regulatory and Development Authority of India Ref. No: IRDAI/INT/ED/REG/166/8/2022 Date: 03-08-2022 EXPOSURE DRAFT – INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (INSURANCE INTERMEDIARIES) (AMENDMENT) REGULATIONS, 2022 1. In order to facilitate open architecture which will enable the prospects and policyholders to have wider access in purchasing insurance and also to enhance the reach of […]
AS INTRODUCED IN LOK SABHA Bill No. 177 of 2022 THE ENERGY CONSERVATION (AMENDMENT) BILL, 2022 A BILL further to amend the Energy Conservation Act, 2001. BE it enacted by Parliament in the Seventy-third Year of the Republic of India as follows:–– 1. Short title and commencement. (1) This Act may be called the Energy […]
