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Blog, GST & Customs

September 15, 2023

Practical Case Studies on Input Tax Credit (ITC)

Table of Contents Nature of … Continue reading “Practical Case Studies on Input Tax Credit (ITC)”

Blog, News, FEMA & Banking

September 14, 2023

Govt. Appoints ‘Special Directors’ of Regional Offices of ED as Administrators of the Property Confiscated under PMLA

Notification No. S.O. 3980(E). Dated … Continue reading “Govt. Appoints ‘Special Directors’ of Regional Offices of ED as Administrators of the Property Confiscated under PMLA”

Blog, News, FEMA & Banking

September 14, 2023

RBI Tweaks Norms for Classification, Valuation & Operation of Investment Portfolio of Commercial Banks

Press Release: 2023-2024/910, Dated 12.09.2023 … Continue reading “RBI Tweaks Norms for Classification, Valuation & Operation of Investment Portfolio of Commercial Banks”

Blog, News, FEMA & Banking

September 14, 2023

Banks Must Maintain an Extra Daily Average Balance with the RBI in Addition to the Required Daily Balance | RBI

Notification No. DOR.RET.REC.30/12.01.001/2023-24., Dated 10.08.2023 … Continue reading “Banks Must Maintain an Extra Daily Average Balance with the RBI in Addition to the Required Daily Balance | RBI”

News, Blog, FEMA & Banking

September 14, 2023

RBI Issues Revised Norms for Classification and Valuation of Investment Portfolios by Banks

Circular No. RBI/DOR/2023-24/104 DOR.MRG.36/21.04.141/2023-24, Dated: … Continue reading “RBI Issues Revised Norms for Classification and Valuation of Investment Portfolios by Banks”

Blog, News, Income Tax

September 14, 2023

CBDT Notifies ‘Units of Investment Trust & EFTs of IFSC’ for Sec. 47(viiab) Exemption

Notification No. 71/2023, dated 12-09-2023 … Continue reading “CBDT Notifies ‘Units of Investment Trust & EFTs of IFSC’ for Sec. 47(viiab) Exemption”

News, Blog, Income Tax

September 14, 2023

Provision Made in Respect of Payment to be Made to Employees Based on Co’s Financial Performance is to be Allowed | HC

Case Details: CGI Information Systems … Continue reading “Provision Made in Respect of Payment to be Made to Employees Based on Co’s Financial Performance is to be Allowed | HC”

Blog, News, GST & Customs

September 14, 2023

CBIC Disposes off 11,284 Public Grievances & 2,082 Public Grievance Appeals Between Nov. 2022 to August, 2023

Press Release dated September 12th, … Continue reading “CBIC Disposes off 11,284 Public Grievances & 2,082 Public Grievance Appeals Between Nov. 2022 to August, 2023”

Blog, News, GST & Customs

September 14, 2023

HC Granted Bail to Accused Who Was in Jail from 1 Year for Forming Bogus Firms Since Trial Wasn’t Likely to Conclude Soon

Case Details: Puneet Sonkar v. … Continue reading “HC Granted Bail to Accused Who Was in Jail from 1 Year for Forming Bogus Firms Since Trial Wasn’t Likely to Conclude Soon”

Blog, Advisory, FEMA & Banking

April 25, 2024

[Analysis] Streamlining Processes | RBI Issues Directions for Swift Release of Property Documents Post-loan Closure

Table of Contents Introduction REs … Continue reading “[Analysis] Streamlining Processes | RBI Issues Directions for Swift Release of Property Documents Post-loan Closure”