GST Council recommends not to impose GST on incentives paid to Banks under the Scheme of Promotion of Rupay Debit Card
The 48th GST Council met today under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman via virtual mode...
![Govt allows Rupee Settlement in Export Promotion Schemes [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/11/Govt-Rupee-settlement-Export-Promotion-Schemes-taxscan.jpg "Govt allows Rupee Settlement in Export Promotion Schemes [Read Notification]")
Income Tax Provisional Attachment against PC Officials Expires: Delhi HC disposes Petition requesting release of 2.5 cr [Read Order]
The Delhi High Court has recently dismissed a petition by P C Financial Services Private Limited observing that the provisional attachment order has expired. Recently, the Reserve Bank of India...
![Income Tax Provisional Attachment against PC Officials Expires: Delhi HC disposes Petition requesting release of 2.5 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Provisional-Attachment-PC-Officials-Delhi-HC-Petition-taxscan.jpg "Income Tax Provisional Attachment against PC Officials Expires: Delhi HC disposes Petition requesting release of 2.5 cr [Read Order]")
![RBI Employees’ Gratuity and Superannuation Fund (Amendment) Regulations Notified [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/RBI-Employees-Gratuity-Superannuation-Fund-Amendment-Regulations-taxscan.jpeg "RBI Employees’ Gratuity and Superannuation Fund (Amendment) Regulations Notified [Read Notification]")
CBDT notifies Person responsible for Collection and Payment of Securities Transaction Tax in case of Insurance Company [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified a new provision related to the person responsible for the collection and payment of securities transaction tax in the case of the Insurance...
![CBDT notifies Person responsible for Collection and Payment of Securities Transaction Tax in case of Insurance Company [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/01/CBDT-Payment-of-Securities-Transaction-Tax-Insurance-Company-Taxscan.jpeg "CBDT notifies Person responsible for Collection and Payment of Securities Transaction Tax in case of Insurance Company [Read Notification]")
Cryptocurrency Bill in Parliament: Govt to Ban Private Cryptocurrencies in India, Create Official Digital Currency
The Central Government has proposed to present a Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the upcoming Winter Session of Parliament to create the official...
![No Income Tax leviable on Forex Gains arising against Personal Loan: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Income-Tax-leviable-Forex-Gains-Personal-Loan-ITAT-Income-tax-forex-Taxscan.jpeg "No Income Tax leviable on Forex Gains arising against Personal Loan: ITAT [Read Order]")
RBI specifies entities as qualified Financial Market participants to deal in qualified Financial Contracts [Read Notification]
The Reserve Bank of India (RBI) specified entities as qualified financial market participants to deal in qualified financial contracts. In exercise of the powers conferred by clause (a) of...
![RBI specifies entities as qualified Financial Market participants to deal in qualified Financial Contracts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/RBI-financial-market-participants-qualified-financial-contracts-taxscan.jpeg "RBI specifies entities as qualified Financial Market participants to deal in qualified Financial Contracts [Read Notification]")