Statutory updates

Approval of Combination involving Raymond Limited, Ring Plus Aqua, and Maini Precision Products

The Competition Commission of India approves the proposed combination involving share acquisitions, demerger of engineering and shareholding assets into JKFEL Tools and…

Import Policy Condition Amendment for Duck Meat Chapter 2 of ITC (HS) 2022

The Central Government revises the import policy condition for specific duck meat items under Chapter 2 of ITC (HS) 2022.

Amendments in Implementation of Yellow Peas Import Monitoring System

Tax treatment of donations and accumulation for trusts and institutions

Trusts and institutions under the first or second regime must treat eligible donations made to other trusts or institutions as charitable application only to the extent of…

Export of Onions to Bhutan, Bahrain and Mauritius

The Central Government permits the export of onions under HS code 0703 10 19 to Bhutan, Bahrain, and Mauritius.

Audit Report Form Extension for Assessment Year 2023-24

The Central Board of Direct Taxes permits certain trusts and institutions to furnish audit reports in the correct applicable form for the assessment year 2023-24 by 31st March…

Income-tax (Fourth Amendment) Rules, 2024

The Central Board of Direct Taxes amends the Income-tax Rules, 1962 to update Form No. 3CD, Form No. 3CEB, and Form No. 65.

Review of Foreign Direct Investment Policy on Space Sector

The Government of India amends the Foreign Direct Investment policy for the space sector to define entry routes and sectoral caps.

Competition Commission of India Suo Motu Investigation Order

The Competition Commission of India forms a prima facie opinion on a contravention of provisions of the Competition Act.

Export of Food Commodities through National Cooperative Exports Limited

The Directorate General of Foreign Trade permits the export of specific food commodities through the National Cooperative Exports Limited.

Export of Onions to Bangladesh

The Central Government permits the export of fifty thousand metric tonnes of onions under HS code zero seven zero three one zero one nine to Bangladesh.

Export of Onions (under HS Code 07031019) to UAE

The Central Government permits the export of 14,400 metric tons of onions under HS Code 0703 10 19 to the United Arab Emirates.

Fee Structure and Return Submission Compliance in IFSC

Regulated entities and applicants in International Financial Services Centres must remit fees and submit periodic returns within prescribed timelines without waiting for formal…

Nomination for Direct Trainer Skills Training Programme at PDNASS

Pandit Deendayal Upadhyaya National Academy of Social Security organizes a five-day training programme on Direct Trainer Skills from 26th February 2024 to 1st March 2024.

notification no. 24/2024 f. no. 370142/1/2024 tpl part 1 /gsr 153e income tax third amendment rules 2024

Exemption for Uttar Pradesh Real Estate Regulatory Authority

The Central Government notifies the Uttar Pradesh Real Estate Regulatory Authority under clause (46) of section 10 of the Income-tax Act, 1961, for specified income.

Income Tax Exemption for Karnataka Urban Water Supply and Drainage Board

The Central Government notifies the Karnataka Urban Water Supply and Drainage Board for income tax exemption under section 10 clause 46 of the Income-tax Act, 1961.

16/2024-Customs (NT) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg