Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
The Directorate General of Foreign Trade (DGFT) issued Trade Notice, highlighting amendments to the Interest Equalization Scheme (IES) in line with the extension announced by the Reserve Bank of India (RBI). The notice introduces a cap of Rs. 2.50 Cr per Importer-Exporter Code (IEC) until June 30, 2024, impacting exporters and importers alike.
The Directorate General of Foreign Trade (DGFT) issued Trade Notice, highlighting amendments to the Interest Equalization Scheme (IES) in line with the extension announced by the Reserve Bank of India (RBI). The notice introduces a cap of Rs. 2.50 Cr per Importer-Exporter Code (IEC) until June 30, 2024, impacting exporters and importers alike.
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