The Ministry of Finance exempts RBI from Section 206CCA of Income Tax Act, 1961 through Notification No. 46/2024 dated 27th May, 2024.
SEBI has introduced amendments to the Infrastructure Investment Trusts (InvIT) Regulations, enhancing governance and transparency. Learn about the latest updates.
RBI exempted from Section 206AB of the Income Tax Act, 1961, via Ministry of Finance notification dated May 27, 2024. Learn more about the implications and details.
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), issued Notification No. 44/2024-Income-Tax on May 24, 2024, detailing the Cost Inflation Index (CII) for the financial year 2024-25 i.e. Assessment Year 2025-26. This notification was made in exercise of the powers granted by clause (v) of the Explanation to section 48 of […]
Explore the implications of Fincare Small Finance Bank’s exclusion from RBI’s Second Schedule and cessation as a banking company. Analysis & insights here.
Notification 43/2024 grants income tax exemption under Section 10(46) to Tamil Nadu Water Supply and Drainage Board for specific income sources.
RBI’s internal review leads to withdrawal of outdated circulars from 1995 to 2006. Learn the details, implications, and analysis of this move by the Reserve Bank of India in 2024.
Delhi High Court mandates email and mobile service for arbitration petitions under Section 11(6) of the Arbitration Act, effective immediately.
Stay updated with the latest amendment in Para 2.31 of the Foreign Trade Policy, 2023 & ITC HS 2022 Schedule 1 Import Policy by the Government of India. Learn the revised regulations.
On May 17, 2024, the Securities and Exchange Board of India (SEBI) issued amendments to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. These amendments, effective upon publication in the Official Gazette, refine the definition of insider trading. Specifically, they clarify that insider trading shall not include unverified events or […]
