SEBI introduces AI usage regulations for intermediaries, ensuring data security, compliance, and accountability under the amended SEBI (Intermediaries) Regulations, 2025.
The government provides tax benefits to individuals and corporations. Recent budgets increased exemptions for middle-class taxpayers while monitoring tax incentives.
Government reports GST collections over five years but does not track contributions by income groups. Lower GST rates apply to essential goods for weaker sections.
The GST Council is reviewing the 18% GST on health insurance. A Group of Ministers is assessing possible tax reductions but has not finalized recommendations.
The government confirms GST exemption for borewell drilling in agriculture under Notification 12/2017-CT(R). No new guidelines have been issued.
IFSCA appoints a new Nodal Officer for implementing Section 12A of the WMD Act and Section 51A of the UAPA. Updated circular available on the IFSCA website.
IFSCA releases Bullion Market Regulations 2025, setting rules for bullion exchanges, clearing corporations, depositories, and vault managers in IFSCs.
Clarifications on GST registration for suppliers on e-commerce platforms in Maharashtra. Covers principal place of business, authorized signatory, and compliance rules.
IBBI updates insolvency regulations, introducing facilitators, real estate provisions, and monitoring committees. Changes aim to streamline corporate insolvency processes.
The Ministry of Finance corrects a customs notification, revising tariff item “20042110” to “22042110” in Notification No. 50/2024, dated December 30, 2024.
