Bombay High Court rejects A1 Cuisines’ plea for GST exemption on duty-free sales at Nagpur Airport, ruling that domestic airport sales are taxable under GST laws.
Patna High Court sets aside GST appellate order against Brand Protection Services Pvt Ltd, directing reconsideration due to misinterpretation of appeal timelines.
CBDT amends Income-Tax Rules, 1962, updating regulations for Infrastructure Debt Funds, including investment criteria, bond issuance, and borrowing rules.
CBIC amends Customs Notification No. 61/94, adding Rajkot for unloading imported goods and loading export goods under the Customs Act, 1962.
SEBI seeks public comments on extending automated trading window closure to immediate relatives of designated persons, aiming to improve compliance and prevent violations.
SEBI invites public comments on proposed amendments to Regulation 17(a) of AIF Regulations, 2012, addressing investment in listed and unlisted debt securities.
DGFT updates SION E-136, allowing export of wheat flour with millets. Conditions include minimum ingredient percentages and domestic sourcing requirements.
RBI cuts Bank Rate to 6.50%, affecting penal interest on reserve shortfalls. New rates apply immediately as per the latest monetary policy update.
RBI cuts repo rate to 6.25%, impacting the Standing Liquidity Facility for Primary Dealers. New rate applies immediately as per the latest policy update.
RBI grants SEBI-registered non-bank brokers access to NDS-OM for government securities trading. Revised access criteria apply immediately.