Statutory updates

Extension of Time for Filing Liquidation and Voluntary Liquidation Forms

The Insolvency and Bankruptcy Board of India has extended the deadline for submitting forms related to liquidation and voluntary liquidation processes to December 31, 2024.

Complaint Handling and Grievance Redressal by Regulated Entities in the IFSC

All regulated entities in the International Financial Services Centres must establish an effective mechanism for handling consumer complaints and grievance redressal under a…

International Financial Services Centres Authority Informal Guidance Scheme 2024

The International Financial Services Centres Authority issues a scheme to provide informal guidance on legal and regulatory provisions for market participants.

Approval of International Institute of Information Technology for Scientific Research

The Central Government approves the International Institute of Information Technology, Hyderabad, for scientific research.

Extension of Income Tax Return Due Date for AY 2024-25

The Central Board of Direct Taxes extends the due date for furnishing the return of income for the Assessment Year 2024-25.

Measures to Curb Misuse of Headers and Content Templates

The Telecom Regulatory Authority of India has issued a direction to all Access Providers to ensure message traceability by mandating Principal Entity (PE) and Telemarketer (TM)…

84/2024-Customs (N.T) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Import Policy Condition Amendment for ITC HS Codes under Chapter 85

The Central Government amends the import policy conditions for specific electronic integrated circuits and parts under Chapter 85 of ITC (HS), 2022.

Income-tax Tenth Amendment Rules, 2024 for Diamond Mining Safe Harbour

The Central Board of Direct Taxes issues the Income-tax (Tenth Amendment) Rules, 2024 to amend the Income-tax Rules, 1962.

Exemption from Section 194N TDS for Foreign Representations

The Central Government exempts specific foreign representations from the tax deduction at source requirements under section 194N of the Income-tax Act.

Winzo Games and Google Real Money Gaming Competition Inquiry

The Competition Commission of India directs the Director General to investigate Google for alleged anti-competitive practices regarding real money gaming applications and search…

Appoint Common Adjudicating Authority for DGGI Notices

The Central Board of Indirect Taxes and Customs appoints a common adjudicating authority for specific show cause notices issued by the Directorate General of Goods and Services…

Extension of FORM GSTR-3B Due Date for October 2024 in Manipur

The Central Board of Indirect Taxes and Customs extends the due date for furnishing the return in FORM GSTR-3B for the month of October, 2024.

Guidance to Retirement Advisers

This Master Circular consolidates PFRDA guidelines for Retirement Advisers (RAs) regarding registration, fee structures, service standards, and reporting obligations.

Transfer of Capital Asset from NLCIL to NIRL

The Central Government notifies the transfer of a capital asset from NLC India Limited to NLC India Renewables Limited under an approved plan.

Telecommunications Critical Telecommunication Infrastructure Rules, 2024

The Telecommunications (Critical Telecommunication Infrastructure) Rules, 2024, establish a regulatory framework for telecommunication networks designated as 'Critical…

Telecommunications (Telecom Cyber Security) Rules, 2024

The Telecommunications (Telecom Cyber Security) Rules, 2024, establish a regulatory framework to protect telecommunication networks and services from cyber threats.

Telecommunications (Temporary Suspension of Services) Rules, 2024

The Telecommunications (Temporary Suspension of Services) Rules, 2024, establish the regulatory framework for the temporary suspension of telecommunication services under the…