NPCI updates NACH mandate cancellation, enabling any sponsor bank to process. Banks/corporates responsible for data accuracy and confirmation. Effective 4/4/25.
India’s Commerce Department instructs SEZ Development Commissioners to submit detailed monthly performance reports by the 9th of each month.
IBBI Suspends IP for failure to preserve and protect assets of corporate debtors, non-determination of avoidance transactions, diversion of funds, improper adjudication of claims and overcharging of fees
RBI strengthens regulation of cooperative banks with fraud management rules, governance reforms, and an ombudsman under amended banking and cooperative laws.
Ministry of Finance notifies the fourth phase of Regional Rural Bank (RRB) amalgamation, consolidating 26 RRBs into larger entities for efficiency.
Kerala SGST Circular 10/2025 sets officer-wise monetary limits for notices/orders under new Section 74A of GST Acts, effective now.
Changes in TDS deductions under Finance Act 2025 include revised thresholds for Sections 194A, 194H, and 80CCA. Effective from April 1, 2025.
RBI issues draft FEMA 2025 regulations for export/import, seeks public feedback by April 30, 2025. Aims to streamline and consolidate compliance norms.
EPFO allows one-time past dues payment via Demand Draft if ECR is not feasible, with conditions on verification, interest, and damages collection.
ESIC proposes new rules for medical benefits to retired employees and spouses, open to public suggestions for 30 days from notification date.