The Ministry of Finance reduces the excise duty to nil per tonne for an item under Notification No. 25/2024, effective 18th September 2024.
The GST Council forms a Group of Ministers (GoM) to review and suggest GST rates on life and health insurance, with a report due by October 30, 2024.
ICAI notifies the scrutiny panel for the December 2024 Council and Regional Council elections, led by CA Dr. Jai Kumar Batra as the Returning Officer.
DGFT extends import period for Yellow Peas under ITC(HS) Code 07131010 to December 31, 2024. No MIP or port restrictions apply.
DGFT removes Minimum Export Price (MEP) on Onion exports with immediate effect. Revised export policy effective from September 13, 2024.
Customs Notification No. 43/2024 updates exemptions for yellow peas, imposes 20% export duty on onions, and revises BCD and AIDC rates for edible oils.
SEBI renews recognition of Metropolitan Stock Exchange for one year, effective from 16th Sept 2024 to 15th Sept 2025, under Securities Contracts Act, 1956.
Ministry of Finance issues Foreign Exchange (Compounding Proceedings) Rules, 2024, superseding 2000 rules, streamlining processes for ease of investment and business.
Maharashtra amends VAT Rules 2005 to introduce Rule 34A, mandating the publication of pending appeal cases on the common portal. Details in Form 320 for transparency.
The Ministry of Finance permits INDmoney Pvt. Ltd. to use Aadhaar authentication for compliance with privacy and security standards under the PMLA and Aadhaar Act.