Central Board of Direct Taxes restarts proceedings under faceless scheme

The Central Board of Direct Taxes on Monday lifted an embargo on e-communication with taxpayers under the faceless scheme, issuing a circular asking its officers to reach out to assessees and start proceedings in all pending cases.Want to know more on Central Board of Direct Taxes restarts proceedings under faceless scheme click here go to market news source. Market news summary from The Economic Times.Author:

Bank of Rajasthan matter: SAT modifies Sebi order against ICICI Bank; sets aside Rs 10 lakh fine

In September 2019, markets regulator Sebi imposed a fine of Rs 10 lakh on ICICI Bank for disclosure lapses, including delayed disclosure of binding agreement signed with Bank of Rajasthan.Want to know more on Bank of Rajasthan matter: SAT modifies Sebi order against ICICI Bank; sets aside Rs 10 lakh fine click here go to market news source. Market news summary from The Economic Times.Author:

Trade setup: Nifty hits the 200-DMA wall; guard profit, stay stock specific

Tuesday’s session is likely to see a soft start. The 10,850 and 10,890 levels will act as overhead resistance points, while supports will come in much lower at 10,710 and 10,665 levels.Want to know more on Trade setup: Nifty hits the 200-DMA wall; guard profit, stay stock specific click here go to market news source. Market news summary from The Economic Times.Author:

Government lifts export ban on non-woven fabric used for making masks and coveralls

Last month, India allowed the export of personal protective equipment(PPE) medical coveralls with a monthly quota of 50 lakh. It also permitted the export of non-surgical/non-medical masks made up of rayon, nylon, polyester, viscose fabrics in woven, blended and knitted form in addition to masks made up of cotton, silk and woollen.Want to know more on Government lifts export ban on non-woven fabric used for making masks and...
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