Product ‘Nimbooz’ classifiable under tariff heading 2202 10 20: CESTAT Hyderabad

EXCISE/ST/VAT: In view of decision of Larger Bench decision of Allahabad Tribunal, Product 'Nimbooz' are classifiable under Tariff heading 2202 10 20EXCISE/ST/VAT: In view of decision of Larger Bench decision…

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Hon’ble PM launches RBI-Retail Direct Scheme and Reserve Bank- Integrated Ombudsman Scheme

Hon’ble PM has launched RBI-Retail Direct Scheme and Reserve Bank- Integrated Ombudsman Scheme. Retail Direct Scheme seeks to widen the investor base for government securities by creating an ecosystem whereby…

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RBI integrates three Ombudsman schemes into the Reserve Bank Integrated Ombudsman Scheme, 2021

With a view to make the alternate dispute redress mechanism simpler and more responsive to the customers of entities regulated by it, the RBI has decided to integrate the three…

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MCA and IEPFA further simplifies IEPFA claim settlement process towards ease of doing business in India

In a major step towards the mission of Ease of Living and Ease of Doing Business, MCA has further simplified claim settlement process through rationalization of various requirements under IEPF…

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Delhi ITAT quashed assessment order as notice under section 143(3) was issued after statutory limit

INCOME TAX : Where pursuant to search Assessing Officer made additions in hands of assessee on account of unexplained jewellery and cash, however notice under section 143(2) for said assessment…

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RBI permits banks to offer interest rates on FCNR (B) deposits using “Overnight Alternative Reference Rate’

In view of the impending discontinuance of LIBOR as a benchmark rate, the RBI has permitted banks to offer interest rates on FCNR (B) deposits using widely accepted ‘Overnight Alternative…

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