RBI mandates expanded reporting of foreign exchange transactions, including spot and tom deals, to the Trade Repository starting February 2025.
CBIC revises insurance and bond value rules for CCSPs, reducing costs and aligning custodian bond validity with AEO-LO approval periods.
Maharashtra GST Department allows offline processing of audits for FY 2020-21 due to technical issues, with instructions for manual notice issuance.
SEBI provides informal guidance to CMS Info Systems on promoter disclosures and nominee shareholder roles under LODR and ICDR regulations.
ITAT Ahmedabad partially upholds CIT(A)’s decision on TCS collection under Section 206C. Analysis focuses on Form 27C delays, procedural compliance, and tax implications.
Kerala GST AAR clarifies GST applicability on services related to admission to foreign universities provided by M/s Salve Maria International.
Kerala AAR rules GST applies to services and fees in AAI’s concession with Adani Airport, clarifying exemptions and reimbursements in airport concession agreements.
IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Public comments invited by 26 Nov 2024.
SEBI seeks public input on proposals to revise the framework aligning AMC employees’ interests with unitholders through revised “skin in the game” requirements.
RBI allows non-resident investment in 10-year Sovereign Green Bonds under Fully Accessible Route. New directive effective immediately from November 7, 2024.
