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RBI Directs Banks to Keep Currency Chests Open on 31st March 2025

March 24, 2025 1218 Views 0 comment Print

RBI instructs banks to keep currency chests open on March 31, 2025, for government transactions, ensuring proper accounting for FY 2024-25.

India Imposes Anti-Dumping Duty on Roller Chains from China

March 24, 2025 3789 Views 0 comment Print

India imposes anti-dumping duty on roller chains from China for five years to protect domestic industry from unfair pricing. Some producers are exempt.

ICAI Extends 75% Fee Concession for CA Students Till 2028

March 23, 2025 4599 Views 0 comment Print

ICAI extends 75% concession on CA registration fees for students from Jammu & Kashmir, Ladakh, Andaman & Nicobar, and 8 North-Eastern states till March 2028.

SEBI Proposes Easier GIFT-IFSC Broker Operations

March 23, 2025 666 Views 0 comment Print

SEBI seeks public input on draft rules allowing stock brokers to operate in GIFT-IFSC via Separate Business Units, removing need for SEBI approval.

IBBI suspends Insolvency Professional for non-cooperation & regulatory breaches

March 21, 2025 813 Views 0 comment Print

IBBI disciplinary order highlights contraventions by Mr. Kairav Trivedi in CIRP cases, including non-cooperation, resolution plan issues, and compliance gaps.

RBI Clarifies ROU Asset Treatment for NBFCs & HFCs

March 21, 2025 1983 Views 0 comment Print

RBI clarifies that Right-of-Use (ROU) assets from tangible leased assets need not be deducted from regulatory capital for NBFCs, HFCs, and other entities.

SEBI Eases Mutual Fund Employee Investment Rules

March 21, 2025 1539 Views 0 comment Print

SEBI modifies rules for mutual fund employee investments, relaxing lock-in periods and investment slabs for easier compliance, effective April 2025.

CCI Dismisses Airport Monopoly Allegations against AAI, DIAL & GIL

March 21, 2025 1293 Views 0 comment Print

Competition Commission of India dismisses allegations of monopoly against Delhi airport operators, citing lack of prima facie evidence.

Govt Launches ₹1,500 Cr UPI Incentive Scheme for FY 2024-25

March 21, 2025 1098 Views 0 comment Print

Govt introduces a ₹1,500 Cr scheme to promote low-value BHIM-UPI transactions for small merchants, ensuring seamless digital payments at no extra cost.

Service Tax Appeal cannot be rejected for Pre-Deposit using DRC-03

March 21, 2025 3450 Views 0 comment Print

CESTAT Allahabad remands appeal in Krishna Road Carrier case, ruling that pre-deposit via DRC-03 before 28.10.22 is valid under new CBIC clarifications.

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