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RBI Fines DCB Bank Ltd ₹63.6 Lakh for Interest Rate Non-Compliance
The Reserve Bank of India ( RBI ) has levied a monetary penalty of ₹63,60,000/- on DCB Bank Ltd. for its failure to comply with certain directives...
![Income from housing finance for Residential Purposes for a period of less than 5 years eligible for deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Mumbai-ITAT-Income-Tax-Income-Tax-Act-ITAT-housing-finance-deduction-ITAT-ruling-on-residential-finance-Taxscan.jpg "Income from housing finance for Residential Purposes for a period of less than 5 years eligible for deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]")
RBI Directs NPCI to Review One97 Communication’s Request as Paytm UPI’s Third-Party Application Provider
The Reserve Bank of India ( RBI ) has issued a directive to the National Payments Corporation of India ( NPCI ) to thoroughly scrutinise the application filed by One97 Communication Ltd ( OCL ), the...
Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]
The Mumbai bench of the National Company Law Tribunal ( NCLT ) has held that settlement in Section 7 or dropping of Sec. 66 of the Insolvency and Bankruptcy Code, 2016 proceedings do not...
![Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/NCLT-NCLT-Mumbai-National-Company-Law-Tribunal-Insolvency-and-Bankruptcy-Code-IBC-TAXSCAN.jpg "Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]")