Stay updated with the latest amendment to Central Excise Act 1944. Notification No. 24/2023-Central Excise increases Special Additional Excise Duty on Petroleum Crude to Rs. 4,250 per tonne from August 1, 2023.
Read about the Maharashtra Goods and Services Tax (Amendment) Act 2023, its key changes to the GST Act, and its implications for taxpayers in Maharashtra. Stay updated with the latest tax amendments.
Govt amends De-Oiled Rice Bran export policy from ‘Free’ to ‘Prohibited’ until 30th November 2023. Read Notification No. 21/2023 DGFT details here.
The Registration of Births and Deaths (Amendment) Bill, 2023 was introduced in the Lok Sabha on 26th July, 2023. The purpose of this Bill is to amend the Registration of Births and Deaths Act, 1969, to keep pace with societal changes and technological advancements. The proposed amendments aim to make the registration process more citizen-friendly […]
Mines and Minerals (Development and Regulation) Amendment Bill, 2023 was introduced in Lok Sabha on 26th July, 2023. The Bill aims to bring significant reforms to increase exploration and mining of critical and deep-seated minerals in India. It proposes the introduction of exploration licenses, auctioning of mining leases for critical minerals, and removal of certain […]
CBDT issues a corrigendum notification, No. 53/2023-Income Tax, dated 26th July, 2023, to rectify an omission in Notification No. 37/2023-Income Tax, dated 12th June, 2023. The correction involves the insertion of Annexure-II to Form No. 34E.
SEBI has notified implementation dates for amendments to SEBI (Mutual Funds) Regulations, 2023. Certain provisions will come into force from 26th July 2023, while others will be effective from January 1, 2024.
Read about the latest amendment to General Insurance (Employees’) Pension Scheme 1995 and LIC Employees Pension Rule 1995 announced by Ministry of Finance in July 2023
Notification No. 46/2023-Customs issued by Ministry of Finance (Department of Revenue) on 26th July, 2023, makes amendments to customs Notification No. 45/2017-Customs,, Notification No. 47/2017-Customs and Notification No. 50/2017-Customs. The amendments are related to the implementation of two schemes: the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) and the Scheme for […]
The Central Government of India has approved the ‘Guarantee Scheme for Corporate Debt’ (GSCD) with the purpose of providing a guarantee cover against debt raised or to be raised by the Corporate Debt Market Development Fund (CDMDF). The scheme is aimed at stabilizing the corporate debt market during times of market dislocation. Key details of […]