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CBIC reduces SAED on Petroleum Crude & raises on ATF Exports wef 19.12.2023

December 18, 2023 453 Views 0 comment Print

Get the latest update: CBIC slashes SAED on Petroleum Crude to Rs. 1300/tonne and hikes SAED on ATF Exports to Rs. 1/litre, effective December 19, 2023. Details in Notification No. 41/2023-Central Excise.

Income-tax Amendment (Twenty-Eighth Amendment) Rules, 2023

December 18, 2023 3117 Views 0 comment Print

Explore the latest Income Tax Amendment (Twenty-Eighth Amendment) Rules, 2023. Understand the new investment clause and its impact. Stay informed with the Ministry of Finance.

Telecommunications Bill, 2023 Introduced in Lok Sabha

December 18, 2023 528 Views 0 comment Print

Telecommunications Bill, 2023 introduced in Lok Sabha to amend and consolidate the law relating to development, expansion and operation of telecommunication services and telecommunication networks; assignment of spectrum; and for matters connected therewith or incidental thereto.

West Bengal GST: E-Way Bill Requirement Restored to more than Rs. 1,00,000

December 18, 2023 9093 Views 0 comment Print

West Bengal GST update: E-Way Bill requirement raised to Rs. 1,00,000+, and no E-Way Bill needed for job work. Notification 03/2023-C.T./GST abeyance details.

RBI Designates Union Bank for Mauganj: New District in MP

December 18, 2023 528 Views 0 comment Print

RBI assigns Lead Bank role to Union Bank for Mauganj, a newly formed district in Madhya Pradesh. Details on the decision and its implications for the region.

DGFT Notification 53/2023: Amendments to Food Supplement Export Policy

December 15, 2023 1191 Views 0 comment Print

Explore the impact of DGFT Notification 53/2023, amending the export policy for food supplements with botanicals. Learn about ITC HS Code changes and the new certification requirements for EU and UK exports.

Provisional Collection of Taxes Bill, 2023

December 13, 2023 696 Views 0 comment Print

Explore the key provisions of the Provisional Collection of Taxes Bill, 2023 introduced in Lok Sabha. Learn about the immediate impact on customs and excise duties and the repeal of the 1931 Act.

Central Goods and Services Tax (Second Amendment) Bill, 2023

December 13, 2023 1536 Views 0 comment Print

Explore the implications of the Central Goods and Services Tax (Second Amendment) Bill, 2023. Learn about amendments, objectives, and the impact on taxpayers.

RBI Raises Transaction Limits: New Rules for E-Mandates in 2024

December 12, 2023 2784 Views 0 comment Print

Stay informed about RBI’s latest circular on e-mandates. Transaction limits increased to ₹1,00,000 for mutual funds, insurance premiums, and credit card bill payments.

Amendment in Rice Export Policy: Changes in Conditions 55 & 57

December 12, 2023 1167 Views 0 comment Print

Explore the latest amendment to the ITC(IIS) Export Policy, 2018 by the Ministry of Commerce, affecting conditions for exporting Basmati and Non-Basmati rice to European countries.

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