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I. DIRECT TAX : SPOTLIGHT
1. Extension of due date for furnishing return of income in the case of an assessee who is required to furnish a report referred to in section 92E for the A Y 2024-25 from 30th November, 2024 to 15th December, 2024 - Circular No. 18/2024 dated 30th November, 2024
2. Guidance Note 2/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024 - Circular No. 19/2024 dated 16th December, 2024
3. Safe Harbour Rules prescribed for a foreign company engaged in diamond mining and selling of raw diamonds and insertion of Form 3CEFC- Income-tax (Tenth Amendment) Rules, 2024- Notification No. 124/ 2024 dated 29th November, 2024
II. FEMA READY RECKONER
Central Govt. notifies pension fund schemes as 'financial products' under IFSCA Act, 2019:
The International Financial Services Centres Authority has notified the ‘schemes operated by a pension fund’ as a 'financial product' for the purposes of the International Financial Services Centres Authority Act, 2019. This has been made effective from the date of publication of the notification.
{NOTIFICATION NO. S.O. 5241
