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In India, a Depository Participant (DP) is described as an Agent of the depository.They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the two under the Depositories Act.
Above ₹ 500,000 (US$5,800): ₹ 5 (5.8¢ US) per transaction plus applicable time varying charges (₹1 to ₹5); total charges not exceeding ₹55 per transaction, (+ GST). No time varying charges are applicable for RTGS transactions settled up to 1300 hrs.
The Lok Sabha passed the Bill on 30 March 2022, [6] whereafter it was passed by the Rajya Sabha on 5 April 2022. [7] The unified Municipal Corporation of Delhi formally came into existence on 22 May 2022 with Ashwani Kumar and Gyanesh Bharti taking charge as Special Officer and Commissioner, respectively. [8]
The main responsibility of the Income Tax Department is to enforce various direct tax laws, most important among these being the Income-tax Act, 1961, to collect revenue for the government of India. It also enforces other economic laws such as the Benami Transactions (Prohibition) Act, 1988 , [ 6 ] and the Black Money Act, 2015 .
A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the payer and pay those funds into a bank account designated by the ...
The original tax rate was set at 0.125% for a delivery-based equity transaction and 0.025% on an INTER-day transaction. [3] The rate was set at 0.017% on all Futures and Options transactions. STT was originally introduced in 2004 by the then Finance Minister, P. Chidambaram to stop tax avoidance of capital gains tax.
Delhi Municipal Corporation (Amendment) Bill, 2022 is the legislation introduced and approved in Parliament of India and subsequently by President.The system of Municipal Corporation was introduced in India during British Rule with formation of municipal corporation in Madras in 1688 followed by municipal corporations in Bombay and Calcutta by 1762. [1]
The Government claimed that Delhi Government led by Arvind Kejriwal was hiding files and harassing officers related to vigilance matters. [5] 3 August 2023 The Lok Sabha passed the bill by voice vote as BJP had a clear majority. [6] 8 August 2023 The Rajya Sabha passed the bill by division voting, with 131 Ayes and 102 Noes. [7]