RBI permits non-resident Vostro account holders to invest surplus rupee funds in Central Government Securities, aiming to boost international trade settlements.
A summary of Taxation Laws (Amendment) Bill, 2025, which introduces new tax exemptions for pension schemes and updates rules for international funds.
SEBI circular removes transaction charges paid to mutual fund distributors by AMCs. The change is effective immediately and follows industry consultations.
SEBI circular mandates joint annual inspections for stock brokers by all MIIs starting December 1, 2025, to streamline supervision and enhance business ease.
Ministry of Finance addresses Lok Sabha questions on misuse of SARFAESI Act, detailing existing safeguards for borrowers and regulatory oversight by RBI.
A Rajya Sabha question addresses varied GST rates on similar products. The government confirms a GoM is reviewing rate rationalization but has yet to submit a report.
The Minister of State in the Ministry of Finance responds to a question on GST for Khadi and Village Industries products, detailing current tax rates and a review by the GST Council.
Notification 130/2025 grants income tax exemption to the Uttarakhand Pollution Control Board, effective from assessment year 2025-26, under Section 10 of the Income-tax Act.
The RBI has issued new directions for non-fund based credit facilities, effective April 2026, consolidating guidelines for banks, NBFCs, and AIFIs.
The Ministry of Home Affairs has issued a directive for strict compliance with the Flag Code of India, urging states to launch awareness campaigns.
