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RBI Directive: Empowering CoFT through Card Issuers – 2023 Update

December 20, 2023 441 Views 0 comment Print

Stay informed on the latest RBI directive (RBI/2023-24/91) enabling Card-on-File Tokenisation (CoFT) through card issuers. Learn the requirements and implications for payment system providers and participants

Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023

December 20, 2023 2955 Views 0 comment Print

Explore the latest RBI notification on Foreign Exchange Management Regulations 2023. Understand the impact, definitions, and manner of receipt and payment. Stay informed!

RBI Guidelines on AIF Investments: Addressing Evergreening Concerns

December 19, 2023 2820 Views 0 comment Print

Explore the latest RBI circular (RB I/2023-24/90) advising regulated entities on AIF investments, addressing concerns of evergreening through new guidelines.

Income-tax (Twenty-Ninth Amendment) Rules, 2023

December 19, 2023 2847 Views 0 comment Print

Stay informed on the latest Income Tax Rule changes with Notification No. 104/2023 by the Ministry of Finance. Learn about amendments and their impact.

Cabinet Committee Approves 18 Judicial, 22 Accountant Member Appointments for ITAT

December 19, 2023 2598 Views 0 comment Print

ntroduction: The Appointments Committee of the Cabinet, under the Ministry of Personnel, Public Grievances & Pensions, has recently sanctioned the appointment of 18 Judicial Members and 22 Accountant Members for the Income Tax Appellate Tribunal (ITAT). This move, aimed at reinforcing the ITAT with qualified individuals, carries implications for the judicial and financial landscape of […]

CBIC Reduces Excise Duty on Diesel Exports wef 19th Dec 2023

December 18, 2023 441 Views 0 comment Print

CBIC reduces Special Additional Excise Duty on diesel exports to Rs. 0.50 per litre from Rs. 1.00, effective December 19, 2023. Details in Notification No. 42/2023-Central Excise.

CBIC reduces SAED on Petroleum Crude & raises on ATF Exports wef 19.12.2023

December 18, 2023 384 Views 0 comment Print

Get the latest update: CBIC slashes SAED on Petroleum Crude to Rs. 1300/tonne and hikes SAED on ATF Exports to Rs. 1/litre, effective December 19, 2023. Details in Notification No. 41/2023-Central Excise.

Income-tax Amendment (Twenty-Eighth Amendment) Rules, 2023

December 18, 2023 2949 Views 0 comment Print

Explore the latest Income Tax Amendment (Twenty-Eighth Amendment) Rules, 2023. Understand the new investment clause and its impact. Stay informed with the Ministry of Finance.

Telecommunications Bill, 2023 Introduced in Lok Sabha

December 18, 2023 474 Views 0 comment Print

Telecommunications Bill, 2023 introduced in Lok Sabha to amend and consolidate the law relating to development, expansion and operation of telecommunication services and telecommunication networks; assignment of spectrum; and for matters connected therewith or incidental thereto.

West Bengal GST: E-Way Bill Requirement Restored to more than Rs. 1,00,000

December 18, 2023 6930 Views 0 comment Print

West Bengal GST update: E-Way Bill requirement raised to Rs. 1,00,000+, and no E-Way Bill needed for job work. Notification 03/2023-C.T./GST abeyance details.

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