RBI allows scheduled commercial banks to use CareEdge Global IFSC Limited ratings for risk weighting non-resident corporate claims at IFSCs under Basel III capital regulations.
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.
FSSAI appoints new Food Safety Officers for ports, airports, and Southern Region; updates jurisdiction and omits earlier entries in notifications.
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.
Ministry of Finance notifies IREDA bonds issued post-July 9, 2025, as long-term specified assets under Section 54EC for income tax exemption.
SEBI advises Shivalik Bimetal Controls Limited on promoter reclassification to public, stating shareholder approval is required due to a related promoter holding over 1% voting rights.
The IFSCA has issued new regulations for TechFin and Ancillary Service Providers in International Financial Services Centres, outlining registration, eligibility, and operational guidelines.
#AD You’re paying too much tax. That’s the harsh reality for most Indian high-net-worth individuals watching their wealth get chipped away by marginal tax rates hitting 30% plus surcharge. But here’s what the smartest investors have figured out: second citizenship isn’t just about a fancy passport. It’s about legally restructuring your entire tax situation. The […]
IBBI introduces amendments to CIRP Regulations, enhancing disclosure of avoidance transactions in Information Memorandums and resolution plans for better transparency.
The Ministry of Corporate Affairs (MCA) has updated member appointments for the Chartered Accountants, Cost Accountants, and Company Secretaries Acts.
