Customs officers at international airports must now use BWCs during passenger interactions. The move strengthens transparency and accountability in baggage clearance.
The circular addresses ambiguities in calculating liquid net worth under the CMI Regulations. It clarifies what capital, margins, and exclusions must be considered for compliance.
The RBI has overhauled responsible business conduct norms, mandating transparency, fair practices, and borrower protection across AIFIs. The key takeaway is stricter accountability in lending and recovery processes.
AIFIs must deny fresh credit and impose post-removal cooling-off periods on wilful defaulters. The ruling underscores deterrence against intentional defaults.
The government extended the existing anti-dumping duty during an ongoing sunset review. The key takeaway is that protection against injurious dumping will continue until the review concludes.
The authority held that PAN must be compulsorily entered for UDIN generation in GST and tax audit cases, expanding validation to five parameters to enhance document authenticity.
Widespread technical glitches in the MCA-21 V3 portal continue to block smooth annual filings despite deadline extensions. The key takeaway is that systemic issues are impeding statutory compliance across multiple mandatory forms.
The amendment requires every resolution plan to disclose ultimate beneficial owners and ownership structures. The key takeaway is enhanced transparency in insolvency resolution proceedings.
The authority ruled that a heater used in frost-free refrigerators remains classifiable as an electric heating resistor. The key takeaway is that functional heating identity prevails over end-use.
The regulator has made standardized credit reporting compulsory for UCBs across all credit bureaus. The key takeaway is tighter data quality, uniform formats, and faster, more transparent credit information updates.
