Central Board of Direct Taxes (CBDT) has recently issued a crucial notification concerning the payment of interest on loans to Non-Banking Financial Companies (NBFCs) under Section 43B(da) of the Income Tax Act. This notification, dated September 22, 2023, brings forth significant implications for both NBFCs and borrowers. Ministry of Finance (Department of Revenue) (Central Board […]
Explore recent notification (No. 79/2023) from Ministry of Finance regarding classification of non-banking financial companies (NBFCs) for income tax purposes.
Ministry of Mines introduced amendments to Atomic Minerals Concession Rules, 2016. Learn about changes, penalties for non-compliance, and their impact on mining activities.
Ministry of Home Affairs (MHA) has updated the Foreign Contribution (Regulation) Rules. NGOs must now report details of movable and immovable assets created from foreign contributions. Learn more about these changes.
Read Notification No. 02/2023 from CESTAT, New Delhi, introducing virtual hearings. Learn about the procedure, technical requirements, and protocols for e-hearings.
RBI’s latest circular introduces a Data Quality Index (DQI) for Commercial and Microfinance segments, aiming to assess data quality in financial sector.
Explore the National Medical Commission’s 2023 regulations for maintaining high medical education standards. Learn about evaluations, penalties, and appeals.
Read about SEBI’s latest regulations for listing non-convertible debt securities, impacting listed entities. Get insights into the key changes and compliance details.
Read recent Income Tax notification (No. 78/2023) regarding Uttar Pradesh Expressways Industrial Development Authority’s specified income and tax provisions.
Introduction: On September 19, 2023, a significant Bill was introduced in the Lok Sabha, bearing the number 124 of 2023. This Bill aims to further amend the Constitution of India with the goal of promoting gender equality and women’s empowerment through greater representation in legislative bodies. In this article, we explore the key provisions and […]
