New I-T Rules 13, 13A and Forms 6C, 6CA Notified by CBDT
Explore CBDT Notification 70/2023 about new I-T Rules 13 and 13A, as well as new I-T Forms 6C and 6CA under Income-tax Rules, 1962.
Category: Updates
GSTN Advisory on Biometric-based Aadhaar Authentication for GST Registration Applications
Explore the GSTN advisory on biometric-based Aadhaar authentication for GST applications, effective from 30/08/2023. Functionality begins in Puducherry, involving GSK visits for registration completion.
Extension of GST Returns Due Dates for Manipur Taxpayers: CBIC Notifications
CBIC notifies extensions of due dates for Manipur taxpayers in respect of returns in Forms GSTR-1, GSTR-3B and GSTR-7 for April, May, June & July 2023.
MCA’s Condonation Scheme for Delay in Filing LLP Forms (3, 4, 11)
MCA has introduced Condonation Scheme for Delay in Filing LLP Forms 3, 4 & 11, in view of difficulties being faced by stakeholders.
CBDT Amends I-T Rule 3: Perq Value of Residential Accommodation
CBDT Notifies Revised Income Tax Rule 3(1) for determination of value of perquisite in respect of residential accommodation provided by employer, effective September 1, 2023.
RBI Guidelines on Switching/Reset of Floating Interest Rate Loan EMIs
Explore RBI's transparent lending guidelines for SCBs, NBFCs, and HFCs, offering interest rate flexibility and borrower empowerment in India's financial landscape.
RBI’s Revised Guidelines on Penal Charges in Loan Accounts
RBI's new guidelines on penal charges in lan accounts to ensure fairness, transparency, and credit discipline, effective from January 1, 2024.
CBDT Amends I-T Rule 26: Exchange Rate for TDS on Forex Payments
An overview of the CBDT's latest amendment to Income Tax Rule 26, outlining specified exchange rates for TDS on foreign currency payments.
RBI Launches UDGAM: Centralised Portal for Unclaimed Bank Deposits
RBI's UDGAM portal, launched to assist public in finding and claiming unclaimed deposits across banks, to be fully operational by 15th October 2023.
CBDT Clarifications on Exemption u/s 10(10D): Receipts from Life Insurance Policies
CBDT clarifies applicability of exemption u/s 10(10D) in respect of receipts from Life Insurance Policies in different situations, vide Circular 15/2023.