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Regulatory Fallout: RBI Imposes Rs. 63.5 Lakhs Penalty on Three Co-operative Banks
The Reserve Bank of India (RBI) has levied monetary penalties on three co-operative banks totaling Rs. 63.5 lakhs for regulatory compliance...
![Deduction u/s 80P(2)(d) of Income Tax Act Allowable on Interest Earned from Investment in Cooperative Bank: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Interest-Earned-from-Investment-Earned-from-Investment-Investment-in-Cooperative-Bank-Cooperative-Bank-Madras-HC-Madras-High-Court-TAXSCAN.jpg "Deduction u/s 80P(2)(d) of Income Tax Act Allowable on Interest Earned from Investment in Cooperative Bank: Madras HC [Read Order]")
![Co-operative Banks Engaged in Banking Activity are subject to Overall Control of Reserve Bank of India: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Co-operative-Banks-Banking-Activity-Reserve-Bank-of-India-Kerala-HC-taxscan.jpg "Co-operative Banks Engaged in Banking Activity are subject to Overall Control of Reserve Bank of India: Kerala HC [Read Order]")
![RBI extends time limit to Deposit - Exchange 2000 Rupee notes till October 7 [Read Press Release] - TAXSCAN](https://www.taxscan.in/wp-content/uploads/2023/09/RBI-extends-time-limit-to-Deposit-Exchange-2000-Rupee-notes-till-October-7-Read-Press-Release-TAXSCAN.jpg "RBI extends time limit to Deposit - Exchange 2000 Rupee notes till October 7 [Read Press Release] - TAXSCAN")
Ministry of Commerce and Industry releases Instructions to Reduce Compliance Burden regarding SOFTEX Forms [Read Instruction]
The Ministry of Commerce and Industry released the instructions to reduce the compliance burden regarding the SOFTEX Forms vide instruction No.113 on 14th July 2023 addressing all All Development...
SEBI notifies amendment of SEBI (Issue and Listing of Non-Convertible Securities) Regulations: Inserts new Chapters and Schedule [Read Notification]
The Securities Exchange Board of India (SEBI) notified the amendment of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 vide notification no. SEBI/LAD-NRO/GN/2023/135...
Service Tax not Payable for Services for Periods which they were not Taxable: CESTAT rules in favour of Godrej Consumer Product [Read Order]
In the case of Godrej Consumer Product, the Chennai bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that service tax is not payable for services for periods for which...
![Service Tax not Payable for Services for Periods which they were not Taxable: CESTAT rules in favour of Godrej Consumer Product [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/SERVIC1.jpg "Service Tax not Payable for Services for Periods which they were not Taxable: CESTAT rules in favour of Godrej Consumer Product [Read Order]")