CBIC issues new guidelines for exporting SCOMET items, outlining a process for classification, clarifying the role of DGFT, and introducing an AEO status for dual-use goods.
IFSCA circular clarifies that Banking Units in an IFSC can open foreign currency accounts for Indian residents without prior approval, as per a 2015 regulation.
The RBI is transitioning its Cheque Truncation System to a new continuous clearing and settlement model, aiming for faster processing and payment release.
SEBI seeks comments on a draft circular to ease securities transmission from nominees to legal heirs by introducing a new reason code to avoid incorrect tax.
The IBBI has released a discussion paper on removing a redundant clause from the Code of Conduct for Insolvency Professionals, citing duplication with other regulations.
SEBI has released an addendum proposing a new, unified fee structure for Registrars to an Issue and Share Transfer Agents (RTAs) and seeks public comments.
The ICAI has expanded the mandatory scope of its Audit Quality Maturity Model (AQMM) to include more firms in a phased manner, starting in 2026.
SEBI allows Investment Advisers and Research Analysts to use liquid or overnight mutual funds to meet their deposit requirements, providing an alternative to bank deposits.
IFSCA has issued a circular detailing a new regulatory framework for Global Access Providers, outlining rules for market access, investor protection, and compliance.
A CBIC newsletter details a drug awareness campaign, a DRI seizure of mis-declared rock salt, and a DGGI tax evasion case against an online gaming company.
