NPCI introduces UPI Circle, allowing primary users to delegate payment tasks to trusted secondary users with new security and limit guidelines.
New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, impacting registration and operations.
CAAR clarifies AC parts classification: SKD imports together as complete units; separate imports as parts under CTH 84159000. Crucial for accurate customs duty.
CAAR Mumbai’s ruling on Dexolac 2 import, clarifying regional value content and tariff change criteria under ASEAN trade rules.
NALAM MAHALIR NIDHI LIMITED fined for violating Section 12 of the Companies Act, 2013. Total penalty of ₹4,00,000 imposed on the company and its directors.
15 securities firms authorized to perform Aadhaar authentication under the Prevention of Money-laundering Act after meeting privacy and security standards.
Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate Tribunal is operational.
IBBI amends Inspection and Investigation Regulations, extending the response period to show-cause notices to 60 days from the due date, effective August 2024.
IBBI updates Information Utilities Regulations with new timelines and verification procedures starting October 2024, improving default record management.
IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Laundering Rules.
