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RBI Clarification: Reporting Reverse Repo Transactions in Form ‘A’ Return

October 16, 2023 702 Views 0 comment Print

Get insights on RBI’s recent clarification on reporting Reverse Repo transactions for commercial banks in Form ‘A’ Return. Learn the new practice guidelines.

Notification No. 89/2023-Income Tax, Dated: 13/10/2023

October 13, 2023 11433 Views 0 comment Print

The Indian Ministry of Finance has issued Notification No. 89/2023-Income Tax on October 13, 2023. This notification designates Stichting Pensioenfonds ABP as the specified person for eligible investments made in India. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 89/2023-Income Tax | Dated: 13th October,2023 S.O. 4501(E).— In exercise of […]

Extension of Export Duty on Parboiled Rice up to April 1, 2024

October 13, 2023 2106 Views 0 comment Print

Indian Ministry of Finance extends the export duty of 20% on parboiled rice up to April 1, 2024. Learn about this amendment and its implications.

Extended Deemed Exports Benefits for Fuel Supply in Petroleum Exploration

October 12, 2023 357 Views 0 comment Print

Discover extension of Deemed Exports benefits for fuel supply in petroleum exploration till March 31, 2023, and guidelines for claiming refunds. Learn more

IFSCA-Approved Jewelers Can Import Silver via IIBX: DGFT

October 11, 2023 468 Views 0 comment Print

DGFT amends silver import policies. IFSCA-Approved jewelers can import silver under specific ITC(HS) codes via India International Bullion Exchange IFSC Ltd. (IIBX)

RBI Extends PCA Framework to Government NBFCs

October 10, 2023 663 Views 0 comment Print

RBI decided to extend Prompt Corrective Action (PCA) Framework to Government Non-Banking Financial Companies (NBFCs), excluding those in the Base Layer, effective from October 1, 2024.

CBDT amends rule 114B, rule 114BA, rule 114BB & Form No. 60

October 10, 2023 5205 Views 0 comment Print

Get latest updates on Income Tax Rules (24th Amendment) in 2023, including changes related to foreign companies, PAN, and document requirements.

IRDAI Issues Bima Vahak Guidelines 2023 for Women-Centric Insurance Distribution

October 9, 2023 585 Views 0 comment Print

IRDAI introduces the Bima Vahak Guidelines 2023 to establish a dedicated women-centric distribution channel, enhancing insurance accessibility and availability across India.

Bilateral Safeguard Measures on “Ferro Molybdenum” Imports from South Korea implemented

October 9, 2023 261 Views 0 comment Print

n an effort to protect its domestic industry, India has decided to implement bilateral safeguard measures on imports of “Ferro Molybdenum” originating from the Republic of Korea. This move follows the recommendations made by the Directorate General of Trade Remedies (DGTR) under the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017. MINISTRY OF […]

SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2023

October 9, 2023 1857 Views 0 comment Print

SEBI issues the Fifth Amendment to the Listing Obligations and Disclosure Requirements Regulations, bringing crucial changes effective from October 1, 2023.

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