RBI lowers the Priority Sector Lending (PSL) target for Urban Co-operative Banks (UCBs) to 60% of ANBC or CEOBSE from FY 2024-25 onwards.
CBIC amends Notification No. 61/94-Customs (N.T.), adding Navi Mumbai and Noida International (Jewar) as designated customs ports for imports and exports.
The government amends Notification 27/2011-Customs to remove the 20% export duty on onions (HS 0703 10) starting April 1, 2025, ensuring public interest compliance.
SEBI proposes allowing stock brokers to operate in GIFT-IFSC via Separate Business Units (SBUs), eliminating approval requirements for subsidiaries or JVs.
SEBI introduces Past Risk and Return Verification Agency under amended credit rating regulations, effective upon publication in the Official Gazette.
GST waiver applications face technical issues. Payment due by March 31, 2025; waiver applications can be filed until June 30, 2025. Check details and solutions.
SEBI now requires intermediaries to verify identities before advertising on social media to curb fraud and protect investors. Deadline: April 30, 2025.
MSME investment and turnover limits revised. New thresholds apply from April 1, 2025, increasing eligibility for micro, small, and medium enterprises.
SEBI extends the deadline for new related party transaction disclosure norms to July 1, 2025, allowing time for industry feedback and standard simplification.
The last date for filing the Annual RoDTEP Return for FY 2023-24 has been extended to June 30, 2025, with a grace period until September 30, 2025.
