levies

RBI imposes ₹74 crore superb on 64 lenders amid heightened supervision in FY24

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With financial circumstances largely steady and banks sitting on robust stability sheets, Reserve Financial institution of India appears to have used the relative calm of FY24 as a possibility to strengthen supervision and crackdown on regulatory breaches. Additionally learn:RBI prone to maintain repo price at 6.50% The fiscal 12 months was considered one of heightened … Read more

Commerce Ministry decides to increase RoDTEP scheme advantages to SEZ items

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The Commerce Ministry has determined to increase export advantages underneath the RoDTEP scheme for corporations within the particular financial zones (SEZs) and export oriented items (EOUs). This determination was communicated to the Director Common of International Commerce (DGFT) on February 16. The DGFT could challenge a proper notification quickly amending the overseas commerce coverage on … Read more