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INTEREST WAIVER CIRCULAR
DG Shipping orders ports to pass export concessions upfront, flags war-risk chargesIndia's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass...- DGS asks port authorities, terminal operators to immediately pass on concessions to exportersThe Directorate General of Shipping has ordered port authorities and terminal operators to directly pass on concessions to exporters. This ...
- Sebi issues guidelines for MIIs to review penalty waiver requestsMarkets watchdog Sebi on Tuesday issued new guidelines for market infrastructure institutions (MIIs) stock exchanges, clearing corporations...
- SEBI gives power to executive directors, whole-time members on reduction, waiver of interest for unpaid penaltySEBI has empowered panels of Executive Directors and Whole-time Members to waive or reduce interest in recovery cases under specific condit...
- Sebi mulls process to seek waiver of interest on penalty paymentMarkets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiat...
- CBDT sets monetary limit to waive interestThe Central Board of Direct Taxes (CBDT) has introduced monetary limits for waiving or reducing interest on tax payments. This move aims to...
- Have a query about the new GST amnesty scheme for waiver of interest and penalty? CBIC releases FAQ and clarificationsGoods and Services Tax (GST): Section 128A which was announced in Budget 2024 provides relief to GST registered taxpayers who have a pendin...
- Are you eligible for tax demand waiver of Rs 25,000? May be yes, may be noTax demand notice withdrawal in interim Budget 2024: The finance minister Nirmala Sitharaman has announced the withdrawal of tax demand not...
- CBDT clarification on tax on freebies could create complications for unlisted companies, say expertsThe government had introduced a new section (194R) to the Income-tax Act, under which a 10% TDS was to be levied from July 1 on transaction...
- Bring something concrete, common man's Diwali in government's hand: SC on loan reliefThe Supreme Court on Wednesday said the centre should implement "as soon as possible" interest waiver on loans of up to Rs 2 crore under th...
- Govt shoots down en masse interest waiver on loans for moratorium period, favours long-term debt recast“A waiver of the interest on interest during moratorium would also be against the basic canons of finance,” the govt said.
- Bank stocks' recovery in danger as SC to hear interest waiver issue tomorrowGajender Sharma, one of the petitioners, has sought a direction for waiver of interest on loan repayments during the moratorium.
- SC seeks finance ministry's reply on waiver of interest on loans during moratorium periodThe top court said there are two aspects under consideration in this matter - no interest payment on loans during the moratorium period and...
- CBDT may waive off interest, penalty on retrospective tax: ChidambaramCBDT is considering issuing a circular waiving interest & penalty on taxes cos may have to pay as a result of the controversial retrospecti...
- End to Vodafone tax row in sight as interest, penalties on retrospective tax may goCBDT is likely to moot a proposal to exempt companies caught in the retrospective tax net from paying interest & penalties.
- Govt extends agri debt relief schemeThe government has extended the debt relief scheme for farmers with land holdings in excess of 5 acres by six months till December.
- Govt extends agri debt relief schemeThe government has extended the debt relief scheme for farmers with land holdings in excess of 5 acres by six months till December.
- SBI flipped over circular on PC adviceFinance minister P Chidambaram on Thursday said State Bank of India was advised to withdraw the circular to suspend lending to tractors des...
- Protests force SBI to resume farm loansBowing to realpolitik, State Bank of India (SBI) on Wednesday withdrew the circular to stop fresh lending for tractor loans.
- SBI loan order gives Opposition stick to beat UPA govtPolitical parties across the board, including the ruling Congress, have expressed concern over the decision by the SBI to suspend fresh fin...
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