NPCI fixes maximum UPI inward credit limit for P2PM merchants; Acquiring Banks and Payment Service Providers to comply with directions before 30th April, 2024
National Payments Corporation of India (“NPCI”) has fixed the maximum United Payment Interface... Read More
CBIC issued clarification regarding applicability of GST on job work services, reimbursement of electricity charges
Central Board of Indirect Taxes and Customs (CBIC) via Circular No 206/18/2023-GST has issued... Read More
CCI introduces the Draft CCI (Lesser Penalty) Regulations 2023 to include the provisions of ‘lesser penalty plus’ and withdrawal of’ lesser penalty’ / ‘lesser penalty plus’ applications
The Competition Commission of India (“CCI”) has issued the Draft CCI (Lesser Penalty) Regulations... Read More
Central Board of Indirect Taxes and Customs (CBIC) notified valuation of supply of services by a supplier wherein the recipient is a related person
Central Board of Indirect Taxes and Customs (CBIC) via Notification no. 52/2023-Central Tax has... Read More