RBI
Direct Tax
AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash...
Money Hacks
Microfinance Transparency: RBI Pushes Digital Payments with RuPay Debit Cards, BHIM-UPI
The Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI),...
Notification
RBI Announces Phased Reduction in CRR from September 2025
Gradual cut to ease liquidity: CRR to reduce from 3.75% to 3.0% by end of November
Money Hacks
Entities with Foreign Investment Must File FLA Return with RBI by July 15, 2025
The Reserve Bank of India (RBI) has issued a reminder to all eligible entities regarding the mandatory filing of the Annual Return on Foreign Liabilities and Assets (FLA Return) for the financial year ending March 31, 2025.
Money Hacks
NRIs Can Now Use UPI with International Numbers: RBI and NPCI Enable Major Fintech Leap
Non-Resident Indians can now make Unified Payments Interface (UPI) transactions using international mobile numbers.
Notification
RBI Amends FEMA Rules: Offshore Support Vessels to Be Re-imported into India
New FEMA 2025 amendment adds clarity on export treatment of tugboats, dredgers, and offshore vessels used in international service.
Notification
RBI Allows Banks To Hike ATM Fees: New Charges Effective From May 2025
In a move that directly impacts everyday banking for millions, the Reserve Bank of...
Columns
RBI Mandates 8% Interest on Delayed Pension Payments by Banks to Government Pensioners
In a major relief to retired central and state government employees, the Reserve Bank...
Notification
98% of Withdrawn Rs. 2000 Banknotes Returned, RBI Reports
The Reserve Bank of India (RBI) has reported a significant decline in the circulation...
Notification
Shaktikanta Das Appointed Principal Secretary to PM Modi: Former RBI Governor Takes Key Role
Former RBI Governor and retired IAS officer Shaktikanta Das has been appointed as Principal...
Notification
RBI Launches RBIDATA Mobile App
The Reserve Bank of India (RBI) has launched RBIDATA, a Mobile App, that offers...
Columns
RBI Repo Rate Cut: Impact On Home Loan
This article deals with RBI Repo Rate Cut: Impact On Home Loan.The Reserve Bank...
Notification
Non-compliance With RBI’s Directions On ‘Interest Rate On Deposits’: RBI Imposes Monetary Penalty On Federal Bank LimitedÂ
The Reserve Bank of India (RBI) has imposed the monetary penalty on Federal Bank...
Latest articles
Direct Tax
AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash...
Direct Tax
ITAT Restores Dawoodi Bohra Jamat’s 12AB Registration Matter
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...
Direct Tax
Donation to Political Party Was Part of Accommodation Entry Scheme: ITAT Upholds Denial of S. 80GGC Deduction
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance...