20% TCS on Forex Transactions from July 1: Know the Consequences if you don't do this
The Central Government through vide Finance Act, 2023 has enhanced the percentage of Tax Collected at Source (TCS) from 5% to 20% on foreign...
Manappuram Finance Fails to ensure Maintenance of LTV Ratio in certain Gold Loan Accounts: RBI imposes Rs 20 Lacs Penalty
The Reserve Bank of India (RBI) imposed a Rupees 20 Lakhs penalty on Manappuram Finance Limited by an order dated June 12, 2023 for non-compliance with certain provisions of the “NonBanking Financial...
RBI invites comments on draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators
The Reserve Bank of India invited the comments on the draft of Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators on June 2nd 2023. These...
RBI Releases Draft on Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators
The Reserve Bank of India (RBI) released the draft on RBI releases Draft on Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators on June 2nd 2023. ...
