IFSCA updates ship leasing norms in IFSCs, revises currency rules and restrictions on vessel transfers. Amendments effective immediately.
CBDT grants tax exemption to Prayagraj Mela Pradhikaran under section 10(46A) of the Income-tax Act, effective from assessment year 2024–25.
CBDT notifies Greater Mohali Area Development Authority for income tax exemption under section 10(46A), effective from assessment year 2024–25.
DPIIT allows Indian companies to issue bonus shares to existing non-resident shareholders in FDI-prohibited sectors, with no change in ownership.
India enacts Boilers Act, 2025 to regulate boiler safety, inspection, and use, replacing old laws and standardising procedures across the country.
India enacts Immigration and Foreigners Act, 2025, replacing four older laws to regulate entry, exit, visas, and travel documents for foreigners.
A summary of corporate tax concessions in India, including key deductions, exemptions, and revenue impact from 2021-24 under the Income Tax Act.
RBI keeps FPI limits unchanged for G-Secs, SGSs, and corporate bonds in 2025-26. Credit Default Swap limit set at 5% of corporate bonds outstanding.
IFSCA announces the fee structure for Payment System Operators in IFSC, including application, authorization, and annual fees. Effective from April 2, 2025.
GST registration in Assam now requires biometric Aadhaar authentication and document verification at GST Suvidha Kendras for selected applicants.
