The Central Board of Direct Taxes, on 3rd August, 2022 has issued a notification amending an earlier notification dated 5th March, 2020 with respect to transactions not regarded as transfer under section 47 (viiab)(d) of the Income Tax Act, 1961. The present amendment notifies Bullion Depository Receipt with underlying bullion to be a transaction not regarded as transfer under the IT Act.
The notification will come into effect immediately.
The Finance Department of Puducherry has announced revisions in the wages of full-time casual laborers (FTCL) across various government departments.
Following the increase in Dearness Allowance from 46% to 50% for regular government employees in accordance with the 7th Central Pay Commission recommendations, the wages
Recognizing the critical importance of ensuring essential services, the Central Government has reaffirmed the status of the food industry as a public utility service under
In recognition of their vital importance to the public interest, the Central Government has reaffirmed the classification of services within the lead and zinc mining
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