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Archive: 10 July 2025

Posts in 10 July 2025

CBI Extradites Fugitive in 2002 Import-Export Fraud

July 10, 2025 531 Views 0 comment Print

CBI successfully extradites Monika Kapoor from the USA, a fugitive in a 2002 import-export fraud case involving forged documents and duty-free gold licenses.

Steel Ministry Clarifies Quality Control for Import

July 10, 2025 1041 Views 0 comment Print

Ministry of Steel clarifies its order on BIS standards for intermediate steel materials, aiming to ensure product quality and fair competition for domestic manufacturers.

No Closure Orders for Inactive PMJDY Accounts

July 10, 2025 417 Views 0 comment Print

Ministry of Finance clarifies it hasn’t directed banks to close inactive PMJDY accounts, launching a campaign to boost scheme adoption and re-KYC.

FAQs: Guidance Note on Financial Statements of Non-Corporate Entities

July 10, 2025 8559 Views 1 comment Print

ICAI issues Guidance Note for non-corporate financial statements, effective April 1, 2024, replacing 2022 Technical Guide with standard formats.

FSSAI Amends Food Product and Additive Regulations

July 10, 2025 1257 Views 0 comment Print

FSSAI updates food standards, introducing new rules for meat sausages, dehydrated tarragon, food colors, and enzymes. Effective February 1, 2026.

FSSAI Updates Food Safety Officers at Ports and Regions

July 10, 2025 402 Views 0 comment Print

FSSAI appoints new Food Safety Officers for ports, airports, and Southern Region; updates jurisdiction and omits earlier entries in notifications.

Tax benefits available under NPS shall apply mutatis mutandis to UPS

July 10, 2025 717 Views 0 comment Print

Ministry of Finance confirms tax benefits available under NPS will apply to the Unified Pension Scheme (UPS), providing parity and incentives for Central Government employees.

IFSCA Advisory: Online Scam Precautions for IFSC Users

July 10, 2025 480 Views 0 comment Print

IFSCA issues public advisory warning IFSC users about online scams via social media, urging vigilance, verification, and reporting of suspicious activity.

SEBI Proposes Expanded Role for Credit Rating Agencies

July 10, 2025 603 Views 0 comment Print

SEBI’s new consultation paper proposes allowing Credit Rating Agencies (CRAs) to rate financial instruments regulated by other financial sector bodies, even without specific guidelines from those regulators. The proposal aims to address industry gaps and enhance synergies while maintaining a segregated operational framework for non-SEBI regulated activities. Public comments are invited until July 30, 2025.

Anti-Dumping Duty on Malaysian Glass Extended till 10th February, 2026

July 10, 2025 1842 Views 0 comment Print

India extends anti-dumping duty on Clear Float Glass imports from Malaysia until February 10, 2026, pending a review by the designated authority

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