Bombay HC Quashed SCN Issued to Levy GST on Ocean Freight on FOB Contracts

Case Details: Agarwal Coal Corporation (P.) Ltd. v. Assistant Commissioner…

CBDT Notifies ‘Shree Ramanuj Kot Laxmi Venkatesh Mandir’ for Purposes of Sec. 80G Exemption

Notification No. 40/2024, dated 23-04-2024 The Central Board of Direct…

Settlement Commission is Empowered to Levy Penalty for Concealment of Income | HC

Case Details: Rajendra Prasad Agarwal v. Income-tax Settlement Commission -…

RBI Issues Master Directions on ‘Asset Reconstruction Companies’

Master Direction No. RBI/DOR/2024-25/116 DoR.FIN.REC.16/26.03.001/2024-25; Dated: 24.04.2024 RBI has issued…

RBI Allows Small Finance Banks to Deal in Permissible Rupee Interest Rate Derivative Products

Circular No. RBI/2024-25/23 DOR.MRG.REC.15/00.00.018/2024-25; Dated: 23.04.2024 RBI has decided to…

SEBI Extends Cross-margin Benefits for Index and Stock Futures in Offsetting Positions With Different Expiry Dates

Circular No. SEBI/HO/MRD/TPD-1/P/CIR/2024/24; Dated: 23.04.2024 SEBI has extended cross-margin benefits…

RBI Specifies Norms for Mode of Payment and Remittance of Sale Proceeds for Equity Shares of Indian Cos Listed on IEs

Notification No. FEMA. 395(2)/2024-RB; Dated: 19.04.2024 Earlier, the Govt. vide.…

Funds Raised Through Listing of Equity Shares of Indian Cos. On IE Can Be Kept in Foreign Currency a/c Opened Abroad

Notification No. FEMA 10R (3)/2024-RB; Dated: 19.04.2024 Earlier, the Govt.…