reserve bank of india

RBI Excluded from Higher TDS/TCS Rates for Non-Filing of ITR: CBDT Notification 45 & 46 of 2024

30 May 2024 by Adv Aditya Narayan

CBDT Notification 45 & 46 of 2024: RBI is excluded from the category of “Specified Persons” who would otherwise face higher TDS/TCS rates due to non-filing of ITR. The Central Board of Direct Taxes (CBDT) has issued Notifications 45 and …

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RBI infused Rs 75,000 Cr for GST and Advance Tax Payments

16 March 2024 by Adv Aditya Narayan

This move by the RBI aims to stabilize liquidity levels amidst the anticipated drain due to tax payments, ensuring banks have enough funds to smoothly navigate the financial landscape. The Reserve Bank of India (RBI) injected a hefty sum of …

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