DGFT proposes mandatory GST e-invoices for deemed export benefits. Stakeholders can submit comments by April 2025 for consideration under FTP 2023.
RBI releases Master Direction on Capital Adequacy for RRBs, outlining prudential norms, risk weights, and reporting requirements effective April 1, 2025.
CBIC defines camera module components for concessional duty under Customs Notification 57/2017, ensuring uniform classification for mobile phone manufacturing.
CBIC discusses revenue trends, HR promotions, sports events, and duty evasion cases in a recent review meeting. Key updates on investigations and achievements.
RBI lowers the Priority Sector Lending (PSL) target for Urban Co-operative Banks (UCBs) to 60% of ANBC or CEOBSE from FY 2024-25 onwards.
CBIC amends Notification No. 61/94-Customs (N.T.), adding Navi Mumbai and Noida International (Jewar) as designated customs ports for imports and exports.
The government amends Notification 27/2011-Customs to remove the 20% export duty on onions (HS 0703 10) starting April 1, 2025, ensuring public interest compliance.
SEBI proposes allowing stock brokers to operate in GIFT-IFSC via Separate Business Units (SBUs), eliminating approval requirements for subsidiaries or JVs.
SEBI introduces Past Risk and Return Verification Agency under amended credit rating regulations, effective upon publication in the Official Gazette.
GST waiver applications face technical issues. Payment due by March 31, 2025; waiver applications can be filed until June 30, 2025. Check details and solutions.
