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RBI Draft Master Direction on Treatment of Wilful and Large Defaulters

September 21, 2023 5298 Views 0 comment Print

Read about Reserve Bank of India’s (RBI) Draft Master Direction on treatment of wilful defaulters and large defaulters in 2023. Provide feedback by October 31, 2023.

SEBI Board Meeting Approves Market Framework Updates

September 21, 2023 654 Views 0 comment Print

SEBI Board Meeting discussed securities market trends, approved flexibility in Large Corporates framework, and extended compliance timelines for Investment Advisers.

Kamlesh Chandra Varshney Appointed Whole Time Member of SEBI

September 21, 2023 1200 Views 0 comment Print

Kamlesh Chandra Varshney has assumed role of Whole Time Member at SEBI, bringing extensive experience from Indian Revenue Service and tax policy.

Amendments to IBBI Regulations for Insolvency Professionals

September 20, 2023 465 Views 0 comment Print

Insolvency and Bankruptcy Board of India (IBBI) introduces amendments simplifying enrolment, registration, and compliance processes for insolvency professionals.

Advisory: Geocoding Functionality for Additional Place of Business

September 19, 2023 4728 Views 0 comment Print

Discover geocoding functionality for Additional Places of Business in GST. Learn how to access, use, and ensure accurate addresses. Details here!

RBI Announces List of NBFCs in Upper Layer for 2023-24

September 14, 2023 26472 Views 0 comment Print

RBI has released list of NBFCs in Upper Layer under Scale Based Regulation for NBFCs for 2023-24. Learn more about classification and regulatory framework.

Government Imposes 30-Day Invoice Reporting Limit for Large Taxpayers

September 13, 2023 27093 Views 2 comments Print

Stay informed about the new time limit for reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than 100 crores starting from November 1, 2023.

Shri Amarjeet Singh takes charge as Whole Time Member, SEBI

September 1, 2023 588 Views 0 comment Print

Shri Amarjeet Singh took charge as Whole Time Member, SEBI, in Mumbai today. Prior to this assignment he was Executive Director in SEBI.

93% of ₹2000 Banknotes in Circulation as of May 19, 2023 Returned

September 1, 2023 465 Views 0 comment Print

Reserve Bank of India’s decision to withdraw ₹2000 banknotes has been highly effective, with 93% of these notes already returned from circulation.

Advisory on Introducing Electronic Credit Reversal and Reclaimed statement

August 31, 2023 17463 Views 0 comment Print

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.

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