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Applicability of Certain provisions of Insurance Act to IFSC & SEZ

July 4, 2022 2607 Views 0 comment Print

Certain provisions of Insurance Act not to apply in Special Economic Zone and International Financial Services Centre

Exemption of IGST and Compensation Cess under Advance Authorisation, EPCG & EOU scheme

July 1, 2022 17565 Views 0 comment Print

Para 4.14, Para 5.01(a) and Para 6.01(d)(ii) of FTP 2015-20 are amended as above to provide exemption from Integrated Tax and Compensation Cess.

IFSCA (Finance Company) (Amendment) Regulations, 2022

July 1, 2022 1515 Views 0 comment Print

These regulations may be called the International Financial Services Centres Authority (Finance Company) (Amendment) Regulations, 2022.

Extension in deadlines for submission of applications under MEIS

July 1, 2022 2214 Views 0 comment Print

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 1st July, 2022 Notification No. 15/2015-2020 Subject: Extension in deadlines for submission of applications under MEIS for exports made in the 4 months period, Sept 2020 to Dec 2020 S.O. 2988(E).—In exercise of the powers conferred by Section 5 of the Foreign Trade […]

Note Sorting Machines – Authentication and Fitness Sorting Parameters

July 1, 2022 4059 Views 0 comment Print

A fit note is a note that is genuine, sufficiently clean to allow its denomination to be readily ascertained and thus suitable for recycling. An unfit note is a note that is not suitable for recycling because of its physical condition or belongs to a series that has been phased out by Reserve Bank of India.

FCRA: Disclosure not required for Receipts From Relatives abroad Upto Rs 10 Lakhs Per Year

July 1, 2022 1602 Views 0 comment Print

Vide oreign Contribution (Regulation) Amendment Rules, 2022 – Central Government exempts from disclosure Foreign Receipts From Relatives Abroad Upto Rs 10 Lakhs Per Year. Earlier the limit was Rs. one Lakh.  Also Read: Govt makes FCRA offences under Sections 35, 37, 3, 11 compoundable MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 1st July, 2022 G.S.R. […]

Govt makes FCRA offences under Sections 35, 37, 3, 11 compoundable

July 1, 2022 2316 Views 0 comment Print

Centre Government vide Notification dated 01st July 2022 makes FCRA offences under Sections 35, 37, 3, 11 of Foreign Contribution (Regulation) Act, 2010 compoundable on certain conditions. MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 1st July, 2022 S.O. 3025(E).—In exercise of the powers conferred by sub-section (1) of section 41 of the Foreign Contribution […]

Corrigendum Notification No. 77/2022-Income Tax, Dated: 01.06.2022

July 1, 2022 1698 Views 0 comment Print

Corrigendum Notification No. 77/2022-Income Tax, Dated: 01.06.2022 to amend Notification No. 73/2022- Income Tax | Dated: 30th June, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 1st July, 2022 Notification No. 77/2022-Income Tax G.S.R. 505(E).––In the notification of the Government of India, Ministry of Finance, Department of Revenue […]

Aadhaar authentication of candidates appearing in Railway Examination

June 30, 2022 699 Views 0 comment Print

Aadhaar authentication services, on voluntary basis to establish identity of the candidates appearing in Computer Based Test before examination or during course of Examination conducted by the Railway Recruitment Control Board through twenty-one Railway Recruitment Boards.

CORRIGENDUM to Notification No. 71/2022-Income Tax | Dated: 28.06.2022

June 30, 2022 1125 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 30th June, 2022 Notification No. 76/2022-Income Tax S.O. 2961(E).—In the notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, number S.O. 2926(E), dated the 28th June, 2022, published in the Gazette of […]

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