Weekly Newsletter from CA Cult – For Latest Updates

CA Cult

8 months ago

Weekly Newsletter from CA Cult – For Latest Updates (4th Week of March 2024)

May this festival of colors fill colors in your life. To every shade of you, We wish a happy and colorful HOLI

Gross Direct Tax collections for Financial Year (FY) 2023-24 register a growth of 18.74%.
Amendment in Article 13 relating to Royalties and Fees for Technical Services.
Directorate of Income Tax (Investigation), Delhi, sets up 24X7 Control Room and toll-free Mobile Number 9868168682 in connection with the General Elections to Lok Sabha, 2024.
Notification under section 138 of the Income Tax Act 1961 Government of Uttar Pradesh – NOTIFICATION No. 35/2024.

Notice inviting comments from various stakeholders on draft rules for refund process from IEPF Authority.

Changes in origin declaration for Self-Certification under UK Developing Countries Trading Scheme (DCTS) – Trade Notice No. 39/2023-24.
Amendment in import policy condition of Urea [Exim Code 31021010] in the ITC (HS) 2022, Schedule —1 (Import Policy) – Notification No. 79/2023.
Amendments under Interest Equalization Scheme – Trade Notice No. 40/2023-2024.
Amendment of policy condition of Crude Oil under HS Code 2709 00 10 – Notification No. 80/2023.
Amendment in export policy of Onions – NOTIFICATION No. 81/2023.

All Agency Banks to remain open for public on March 31, 2024 (Sunday).
Cut-off time for uploading of GST, ICEGATE and TIN 2.0 luggage files.
Omnibus Framework for recognising Self-Regulatory Organisations (SROs) for Regulated Entities (REs) of the Reserve Bank of India.
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2023-24).

Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA.
Safeguards to address the concerns of the investors on transfer of securities in dematerialized mode.
Introduction of Beta version of T+0 rolling settlement cycle on optional basis in addition to the existing T+1 settlement cycle in Equity Cash Markets.