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Foreign Exchange Management (Mode of Payment and Reporting of Non- Debt Instruments) (Third Amendment) Regulations, 2025

January 14, 2025 1212 Views 0 comment Print

RBI revises FEMA regulations on payments and reporting for non-debt instruments. Learn key changes in modes of payment and remittance provisions.

Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Fifth Amendment) Regulations, 2025

January 14, 2025 1269 Views 0 comment Print

RBI amends Foreign Exchange Management Regulations, enabling Indian exporters to hold foreign currency accounts abroad for export realisations and import payments.

Foreign Exchange Management (Deposit) (Fifth Amendment) Regulations, 2025

January 14, 2025 978 Views 0 comment Print

RBI amends FEMA Deposit Regulations, allowing SNRR accounts abroad and facilitating fund transfers between repatriable Rupee accounts for bona fide transactions.

IFSCA Extends Deadline for Complaint Handling Circular

January 13, 2025 126 Views 0 comment Print

IFSCA extends the deadline for implementing the complaint handling circular for regulated entities in the IFSC to April 1, 2025, due to operational challenges.

IRS Officer Trainees Graduate; CBIC Launches Drug Campaign

January 13, 2025 261 Views 0 comment Print

CBIC celebrates IRS officers’ graduation and launches a drug disposal campaign, emphasizing vigilance and public awareness in combating drug trafficking.

NSE Introduces XBRL Utility for Integrated Filing Governance

January 13, 2025 951 Views 0 comment Print

NSE announces XBRL utility for Integrated Filing-Governance from Jan 14, 2025, replacing PDF submissions, for ease of doing business by listed entities.

ICAI May 2025 Exam Schedule, Fees, and Centers

January 13, 2025 5682 Views 0 comment Print

Explore ICAI’s May 2025 exam schedule for Foundation, Intermediate, Final, and INTT-AT courses. Get details on fees, centers, and application deadlines.

Assessing Authority Must Address Objections; GST Order Exceeding SCN is Void: Madras HC

January 13, 2025 150 Views 0 comment Print

Madras HC sets aside an order exceeding the scope of a Show Cause Notice under GST, citing non-application of mind and violations of Section 75(7) of the Act.

Schedule-II (Export Policy) of ITC(HS), 2022 & Updated Export Notes Notified

January 13, 2025 492 Views 0 comment Print

The DGFT has notified the updated Export Policy (Schedule-II) of ITC(HS) 2022, aligned with the Finance Act 2024, effective immediately.

Gujarat GST AAAR Denies GST Exemption for Suzlon’s Transformers

January 11, 2025 993 Views 0 comment Print

GST AAAR Gujarat rules that transformers for wind turbines are not classified as parts of wind turbine generators, denying tax exemptions under Notification No. 1/2017-CT.

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