Government extends Minimum Import Price (MIP) condition on synthetic knitted fabrics under specific ITC(HS) codes till March 31, 2025. Check detailed updates.
State Bank of India designated as Lead Bank for newly formed Meluri district in Nagaland. No change in other districts’ Lead Banks.
SEBI updates certification norms for investment advisers, mandating NISM exams for compliance. Notification rescinds previous directives, effective January 2, 2025.
IRDAI amends Insurance Advisory Committee Regulations 2000, enhancing clarity in functions. Changes include meeting guidelines, member resignation, and removal rules.
RBI allows NaBFID to participate as an All-India Financial Institution (AIFI) in financial markets, enabling credit default swaps and repo transactions.
IRDAI updates meeting regulations, including frequency, notice period, and agenda circulation. Chairperson’s role clarified for emergent and regular meetings.
Legal opinion sought by NFRA on auditing standards, penalties, and regulatory roles in India. Analysis of NFRA’s powers under the Companies Act, 2013.
Kerala High Court rules on input tax credit denial for Lloyd Insulations India Limited, directs fresh order in light of Section 16(5) of CGST/SGST Act.
DGFT outlines the procedure for obtaining import authorization for Low Ash Metallurgical Coke under Country-wise Quantitative Restrictions, effective from January 2025.
RBI introduces a beneficiary account name look-up facility for RTGS and NEFT transactions to help prevent errors and fraud, effective by April 2025.