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Amendment in Import Policy for Synthetic Knitted Fabrics

January 4, 2025 1701 Views 0 comment Print

Government extends Minimum Import Price (MIP) condition on synthetic knitted fabrics under specific ITC(HS) codes till March 31, 2025. Check detailed updates.

Lead Bank Assigned for Meluri District, Nagaland

January 2, 2025 828 Views 0 comment Print

State Bank of India designated as Lead Bank for newly formed Meluri district in Nagaland. No change in other districts’ Lead Banks.

SEBI Notification on Certification for Investment Advisers

January 2, 2025 1797 Views 0 comment Print

SEBI updates certification norms for investment advisers, mandating NISM exams for compliance. Notification rescinds previous directives, effective January 2, 2025.

IRDAI (Insurance Advisory Committee) (Amendment) Regulations, 2025

January 1, 2025 1089 Views 0 comment Print

IRDAI amends Insurance Advisory Committee Regulations 2000, enhancing clarity in functions. Changes include meeting guidelines, member resignation, and removal rules.

NaBFID Permitted as AIFI in Financial Markets

January 1, 2025 1650 Views 0 comment Print

RBI allows NaBFID to participate as an All-India Financial Institution (AIFI) in financial markets, enabling credit default swaps and repo transactions.

IRDAI (Meetings) (Amendment) Regulations, 2025

January 1, 2025 1290 Views 0 comment Print

IRDAI updates meeting regulations, including frequency, notice period, and agenda circulation. Chairperson’s role clarified for emergent and regular meetings.

ICAI lacks authority to issue quality management standards: SG Tushar Mehta

December 31, 2024 2073 Views 0 comment Print

Legal opinion sought by NFRA on auditing standards, penalties, and regulatory roles in India. Analysis of NFRA’s powers under the Companies Act, 2013.

ITC Denial: HC Orders Reconsideration Under Section 16(5) of CGST/SGST Act

December 30, 2024 1218 Views 0 comment Print

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 Issues Procedure for Import Authorization of Low Ash Metallurgical Coke

December 30, 2024 1011 Views 0 comment Print

DGFT outlines the procedure for obtaining import authorization for Low Ash Metallurgical Coke under Country-wise Quantitative Restrictions, effective from January 2025.

RBI Introduces bank account name look-up facility for RTGS & NEFT 

December 30, 2024 7710 Views 0 comment Print

RBI introduces a beneficiary account name look-up facility for RTGS and NEFT transactions to help prevent errors and fraud, effective by April 2025.

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