India’s FSSAI recognizes Nepal’s NFFRL for testing select food exports, simplifying import procedures and enhancing trade efficiency.
Govt denies claims of GST on UPI transactions over ₹2,000, confirms no such proposal exists and reaffirms support for digital payments via incentives.
IFSCA updates Ancillary Services Framework to broaden trusteeship services, including for FMEs and retail schemes, effective immediately.
SEBI seeks public feedback on increasing MF investment limits in REITs and InvITs and considers classification and scheme changes. Comments open until May 11, 2025.
Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025.
BSE updates guidelines for disclosure in debt securities offer documents. Issuers must comply with SEBI norms and avoid referencing external documents.
CBDT notifies HUDCO’s 10-Year Zero Coupon Bond worth ₹5,000 Cr under Section 2(48) of Income-tax Act for infrastructure project funding.
CBDT approves KIMS Foundation, Hyderabad for scientific research under Section 35 of Income-tax Act, effective FY 2025–26 to AY 2030–31.
ICAI suspends CAs Praveen Murarka and Subhash Chander Sharma for professional misconduct, with removal from Register of Members effective April 17, 2025.
Customs notification updates drawback rates for items under Chapter 71, including tariff codes 711301, 711302, and 711401, effective April 17, 2025.
