RBI’s FEMA Regulations 2023 govern the manner of foreign exchange receipt and payment between Indian residents and non-residents, detailing rules for trade and non-trade transactions.
RBI draft circular revises Intra-Group Transaction and Exposure (ITE) guidelines, linking limits to ‘eligible capital base’ and excluding certain branch exposures.
Allahabad High Court’s ruling on GST investigation: Assessee not entitled to Section 70 statement copies until SCN; court denies blanket order against coercive action.
RBI released a draft circular amending the Large Exposures Framework (LEF) for foreign bank branches, removing intra-group exposure exemption and mandating gross calculation for Head Office transactions.
The RBI proposes new Gold Metal Loan (GML) Directions, effective April 2026. The rules consolidate framework, specify loan types, and set prudential guidelines for banks.
RBI announces immediate and proposed amendments to banking regulations, easing loan interest rate spread flexibility, revising AT1 capital limits, and mandating weekly credit information reporting.
RBI issues draft amendments to Credit Information Reporting Directions, 2025, introducing weekly updates, CKYC reporting, and data quality standards.
Health insurance premiums are tax-efficient capital for risk mitigation. Don’t rely solely on corporate cover; use personal policies for continuity and Section 80D tax benefits.
Chennai ITAT rules that a charitable trust’s 5year 80G status can’t be denied due to a technical form selection error. Directs CIT(E) to grant recognition for AY 2022-23 to 2026-27
Mandatory compliance for Chinese imports into India. Covers BIS certification (CRS/ISI), DPIIT NOC, and DGFT licensing for restricted items to ensure customs clearance.
