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Advisory: Date extension for reporting opening balance for ITC reversal

December 29, 2023 5553 Views 0 comment Print

In a move aimed at facilitating taxpayers and ensuring accurate reporting of Input Tax Credit (ITC) reversal, the Goods and Services Tax (GST) authorities have introduced a new ledger named the Electronic Credit and Re-claimed Statement on the GST portal.

RBI releases 2023 list of Domestic Systemically Important Banks (D-SIBs)

December 28, 2023 3228 Views 0 comment Print

Explore the Reserve Bank of India’s 2023 list of Domestic Systemically Important Banks (D-SIBs). SBI and HDFC move to higher buckets, affecting CET1 requirements from April 1, 2025.

RBI Draft Directions on Bond Forwards under Section 45W of RBI Act, 1934

December 28, 2023 744 Views 0 comment Print

Explore the RBI Draft Directions on Bond Forwards under Section 45W of the RBI Act, 1934. Learn about market participation, settlement methods, and compliance. Deadline for feedback: January 25, 2024.

D-SIB Framework – Review of Assessment Methodology

December 28, 2023 1230 Views 0 comment Print

Discover the latest updates from the Reserve Bank of India as it revises the framework for Domestic Systemically Important Banks (D-SIBs). Learn about changes in indicators, assessment timelines, and data requirements

Draft Licensing Framework for Authorised Persons (APs) under FEMA

December 26, 2023 1563 Views 0 comment Print

Explore Reserve Bank of India’s latest draft Licensing Framework for Authorised Persons (APs) under FEMA. Learn about the proposed changes, its impact on the Indian economy, and how stakeholders can provide feedback. Stay informed on the evolving financial landscape

RBI Seeks Input on Draft Omnibus Framework for SRO Recognition

December 21, 2023 456 Views 0 comment Print

Explore the Reserve Bank of India’s draft framework for recognizing Self-Regulatory Organizations (SROs). Provide feedback by January 25, 2024, to shape the final framework.

RBI kept policy repo rate under LAF unchanged at 6.50 per cent

December 8, 2023 513 Views 0 comment Print

Reserve Bank of India Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC) December 6 to 8, 2023 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 8, 2023) decided to: Keep the policy repo rate under the liquidity […]

97.26% of the ₹2000 banknotes returned: RBI

December 3, 2023 645 Views 0 comment Print

Stay informed about the withdrawal status of ₹2000 banknotes in India. Learn about the process, deadlines, and the impact on circulation. Get the latest updates here

Mr. Jithesh John Appointed Executive Director at IBBI

December 1, 2023 573 Views 0 comment Print

Discover the latest update from IBBI as Mr. Jithesh John assumes the role of Executive Director. Uncover his extensive experience in economic services and insights into India’s financial landscape.

GSTN Advisory: Two-factor Authentication for Taxpayers

December 1, 2023 12786 Views 0 comment Print

Enhance your GST portal security with Two-Factor Authentication. Learn about the phased rollout, OTP process, and key updates. Stay informed for a secure tax experience.

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