A new ledger namely Electronic Credit and Re-claimed Statement is being introduced on the GST portal. This statement will help the taxpayers in tracking of their ITC that has been reversed in Table 4B(2) and thereafter re-claimed in Table 4D(1) and 4A(5) for each return period, starting from August return period.
SEBI initiates third round of distribution to affected IPO investors from 2003-2005 irregularities. Get insights on the Wadhwa Committee, disbursement details, and more.
RBI introduces UDGAM portal, facilitating easy access to unclaimed deposits across multiple banks. Users can claim their funds or reactivate accounts.
Introduction: On August 14, 2023, the Reserve Bank of India (RBI) unveiled plans to initiate a pilot project for a Public Tech Platform for Frictionless Credit. This initiative is in alignment with the Statement on Developmental and Regulatory Policies released on August 10, 2023. The platform is being developed by the Reserve Bank Innovation Hub […]
SEBI addresses news misinterpretation of Annual Report data. Learn about 692 ‘Difficult To Recover’ cases, their composition, and recovery details as of March 31, 2023.
Read about the RBI’s August 2023 monetary policy decisions. The repo rate remains steady, with a focus on aligning inflation to the target while supporting growth.
Learn about SEBI’s Industry Standards Forum, aimed at enhancing regulatory implementation through collaboration with ASSOCHAM, CII and FICCI.
Introduction: The Indian Goods and Services Tax (GST) system has introduced e-Invoicing, a significant step towards enhancing ease of doing business. This article provides an overview of the services offered by the four new Invoice Registration Portals (IRPs): Cygnet-IRP, Clear-IRP, EY-IRP, and IRIS-IRP. Details: All four IRPs provide several services to facilitate e-Invoicing, including e-Invoicing […]
SEBI denies any proposal to restrict retail participation in derivative markets. SEBI aims to promote ease of compliance while ensuring risk management.
Reserve Bank of India (RBI) addresses discussions on social media regarding the Star (*) symbol on banknotes, clarifying that it indicates a replacement for defectively printed notes. The banknote with the Star (*) symbol is legally valid, and information is available on the RBI website.
