RBI urges banks and NBFCs to expand customer coverage under the nomination facility to ensure easier claim settlements for families of deceased depositors.
Ruling on the classification of Sensor Temp used in frost-free refrigerators as Thermistors under CTI 8533. Important for customs tariff interpretation.
CAAR Mumbai rules that Nutricia ‘s 5-HMO Mix, used in infant formula, falls under Tariff Item 2940 0000 of the Customs Tariff Act, 1975.
CBIC amends Sea Cargo Manifest and Transshipment Regulations, 2018. Updates include extending a key deadline to March 31, 2025, effective from Gazette publication.
SEBI and NISM launch a free eLearning course on Municipal Bonds, aiding officials in urban infrastructure funding. Available till March 31, 2025.
India’s gross direct tax collection for FY 2024-25 grew by 19.94% as of January 12, 2025, with net collections increasing by 15.88% over FY 2023-24.
Insights from India’s APA Programme Annual Report 2023-24, highlighting tax certainty, record signings, and benefits for multinationals in easing cross-border transactions.
IRDAI has issued 5 new regulations, enhancing data governance, operational efficiency, and innovation in India’s insurance sector as of January 2025.
CBIC updates Customs Notification 12/97, adding Virudhunagar, Ahmedabad to Gujarat for unloading imports and loading exports. Effective from January 14, 2025.
CPRI, Bengaluru, approved as a ‘Research Association’ under section 35 of the Income-tax Act, 1961, for tax benefits from AY 2025-26 to 2029-30.
