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Income Tax

Changes Made in The New ITR Form

Changes Made in The New ITR Form

The Central Board of Direct Taxes (CBDT) has notified a new ITR form for the Assessment Year 2022-23. The new ITR form does not meddle with the applicabili...

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Income Tax

Income Tax Reassessment Notice Quashed: Chhattisgarh HC...

Income Tax Reassessment Notice Quashed: Chhattisgarh HC

A single judge bench of the Chhattisgarh High Court headed by Justice Parth Prateem Sahu quashed the Income Tax Reassessment Notice which was issued to the...

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SEBI

Risk Management Framework for Electronic Gold Receipts...

Risk Management Framework for Electronic Gold Receipts (EGR) segment

The capital market regulator of India i.e. the Securities and Exchange Board of India (SEBI) has come out with an elaborate risk management framework for E...

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RBI Notification

New Rules for Credit/Debit Cards Issuance by Scheduled...

RBI notifies new rules for credit/debit cards issuance by scheduled banks and NBFCs

The Reserve Bank of India issued master directions for issuance of debit/card to NBFCs and scheduled banks excluding Payments Banks, State Co-operative Ban...

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Advisory For ED

Enforcement Directorate takes on PNB Scam

Enforcement Directorate takes on PNB Scam

In 2018, Punjab National Bank learned that fraud had been done in its Mumbai branch worth $ 1.8 billion. It showed doubt in jeweller Nirav Modi and his oth...

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Advisory For ED

Enforcement Directorate and the Vijay Mallya case

Enforcement Directorate and the Vijay Mallya case

Vijay Mallya, who escaped to the United Kingdom, has been in demand from India for fraud of 9000 crores that was loaned by different banks to Kingfisher Ai...

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Advisory For ED

Tools for Investigation for ED under PMLA

Tools for Investigation for ED under PMLA

Being vested with the powers to enforce two important laws, namely the Foreign Exchange Management Act, 1999 and the Prevention of Money Laundering Act, 20...

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NBFC

RBI tightens regulatory framework for NBFCs on Loans an...

RBI tightens regulatory framework for NBFCs on Loans and Advances

On 19th April, 2022 the Reserve Bank of India notified about certain regulatory changes for NBFCs by amending the circular that it had issued in October 20...

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