RBI identifies irregularities in gold loans, urging banks and NBFCs to review practices like valuation, LTV monitoring, KYC, and compliance with cash disbursal limits.
Notification No. 45/2024 amends various Customs notifications to align HS Codes with the Finance Act 2024, effective from 1st October 2024.
New tariff values for crude palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts effective from October 1, 2024, per Notification No. 64/2024.
GST Authority will stop accepting requests for examination of input tax credits and tax rate reductions from April 1, 2025, as per Notification No. 19/2024.
Ministry of Finance empowers GST Appellate Tribunal to examine input tax credits and tax rate reductions, effective from October 1, 2024.
Odisha GST applicants must follow new biometric Aadhaar authentication and document verification steps for registration. Key points outlined.
IFSCA seeks stakeholder feedback on guidelines for cybersecurity and resilience for entities in GIFT IFSC, enhancing regulatory standards in financial services.
Export of Non-Basmati White Rice is now allowed, subject to a minimum export price of USD 490/tonne, under revised policy effective immediately.
SEBI proposes changes to mutual fund disclosures, including expense, returns, and risk-o-meter updates. Public comments are open until October 18, 2024.
The Ministry of Finance issues a corrigendum to Notification No. 104/2024, amending various schedules in the Income Tax regulations.
