IRDAI mandates a 4% obligatory cession to GIC Re for 2025-26, excluding terrorism and nuclear risks. Learn about commission rates and profit-sharing terms.
IFSCA mandates Fund Management Entities in IFSCs to notify appointments and changes of Key Managerial Personnel, ensuring compliance with eligibility criteria.
IFSCA updates fund management regulations, reducing compliance costs, easing investment rules, and enhancing regulatory clarity for financial entities in IFSC.
The government revises wheat stock limits for traders, retailers, and processors until March 31, 2025, to ensure price stability and prevent hoarding.
The Ministry of Finance issues Notification 15/2025-Customs, amending Notification 50/2017. Changes impact S.No. 551 and 555, effective immediately.
The Competition Commission of India seeks public feedback on the draft Cost of Production Regulations 2025, replacing the 2009 rules to align with evolving competition laws.
CBI dismantles a virtual asset-backed cybercrime network defrauding German nationals, arresting key accused and recovering digital evidence in Operation Chakra-IV.
ICSI requests inclusion of Company Secretaries in the definition of “Accountant” under Section 515(3)(b) of the Income-Tax Bill, 2025, citing their expertise in taxation.
SEBI introduces measures like SIM binding and biometric authentication to secure trading accounts and prevent unauthorized transactions in trading and demat accounts.
IFSCA revises SNRR account rules, allowing IFSC units to open accounts outside IFSC for business transactions. New regulations take effect from January 14, 2025.
