DGFT revises timelines in Para 6.06 of Handbook of Procedures (FTP 2023) for tea and spices imports to align with Chapter 4 provisions, easing compliance.
Income tax exemption for Karnataka State Horticulture Development Agency on grants, horticulture revenue, and interest. Applicable for FY 2020-2021 to 2023-2024.
Income Tax exemption notification for Rabindra Setu, Kolkata, detailing income categories, conditions, and retrospective effect for assessment years 2019-2020 to 2023-2024.
RBI directs e-Kuber to process government transactions on March 30, 2025, ensuring accurate financial year-end accounting despite the date falling on a Sunday.
DGFT amends FTP 2023 to allow stakeholder feedback and outlines conditions for consultation and disclosure of reasons for non-incorporation of suggestions.
IBBI cancels Ankit Kumar Agarwal’s IP registration and imposes Rs. 1 lakh penalty for non-cooperation, failure to appear before NCLAT, and code of conduct violations.
DGFT amends Handbook of Procedures 2023 to outline the process for seeking feedback from stakeholders on the Foreign Trade Policy provisions.
Extension provided for e-way bills expired on December 31, 2024, due to technical issues. Extended deadline to January 1, 2025, for compliance.
Government of India introduces paperless KYC (e-KYC) and Aadhaar biometric authentication for POSB account transactions and opening, starting from January 2025.
CBIC introduces Automated Out of Charge for AEO T2/T3 clients from 1st January 2025, simplifying customs clearance and reducing administrative burdens.