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RBI Withdraws 34 Banking Regulations – Full List Included

March 1, 2024 1152 Views 0 comment Print

Reserve Bank of India (RBI) has withdrawn 34 banking regulations. This article details the withdrawn circulars, impacting various aspects of banking operations. Find the complete list and implications for banks and cooperative societies.

CBDT notifies ITR-7 under section 139 of Income tax Act 1961 for AY 2024-25

March 1, 2024 4605 Views 0 comment Print

CBDT notifies ITR-7 [For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only] under section 139 of Income tax Act 1961 for AY 2024-25 vide Notification No. 24/2024-Income Tax Dated: 1st March, 2024. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification […]

Export of 50000 MT Onions (HS Code 07031019) to Bangladesh via NCEL notified

March 1, 2024 339 Views 0 comment Print

Stay updated with Notification No. 63/2023 by DGFT allowing export of onions to Bangladesh under specific conditions. Get insights here.

Procedure for Rajasthan Amnesty Scheme-2024

February 29, 2024 1758 Views 0 comment Print

Explore the detailed notification by the Rajasthan Commercial Taxes Department regarding the Amnesty Scheme 2024 for settling outstanding demands or disputed amounts.

CBIC reduces SAED on export of Diesel to Rs. Nil per litre from 1st March, 2024

February 29, 2024 312 Views 0 comment Print

CBIC amends Notification No. 04/2022-Central Excise, dated 30th June, 2022, to reduce Special Additional Excise Duty (SAED) on export of Diesel to Rs. Nil per litre from 1st day of March, 2024 vide Notification No. 09/2024-Central Excise | Dated: 29th February, 2024.

SAED on Petroleum Crude production increased to Rs. 4600 per tonne from 01.03.2024

February 29, 2024 261 Views 0 comment Print

Ministry of Finance increased Special Additional Excise Duty (SAED) on crude oil production to Rs. 4600 per tonne, effective March 1, 2024. This aims to generate additional revenue for the government. (Notification No. 08/2024-Central Excise)

Notification on Aadhaar Integration for Disability Scholarships

February 29, 2024 312 Views 0 comment Print

Learn about the Ministry’s mandate for Aadhaar integration to streamline the delivery of scholarships for students with disabilities, ensuring efficient and transparent processes.

Merchanting Trade in Foreign Country Allowed, Except CITES/SCOMET Goods

February 29, 2024 711 Views 0 comment Print

Explore the latest amendment (Notification No. 62/2023-DGFT) in Foreign Trade Policy 2023 by the Government of India. Understand the changes in Para 2.39 and its implications.

RBI Capital Adequacy Guidelines – Review of Trading Book

February 28, 2024 873 Views 0 comment Print

Explore RBI’s latest update on Capital Adequacy Guidelines, focusing on the review of the trading book. Key changes, impacts, and applicability for commercial banks.

IFSCA Act 2019: Modifications in SEZ Act 2005 and Rules 2006

February 28, 2024 1032 Views 0 comment Print

Explore the latest finance ministry notification under IFSCA Act 2019, detailing modifications in Special Economic Zones Act 2005 and Rules 2006. Learn the impact on financial products, services, and institutions in International Financial Services Centres

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