DPIIT approves 187 startups for income tax exemption under Section 80-IAC. Eligibility extended for startups incorporated till April 2030.
RBI issues $700M Line of Credit via Exim Bank to Mongolia for a crude oil refinery project; Indian exports eligible under Foreign Trade Policy.
CBIC updates customs tariff values for oils, metals, and areca nuts effective May 16, 2025, as per Notification No. 34/2025-CUSTOMS (N.T.).
SEBI updates Investor Charter for RTAs, mandates public display, complaint disclosures, and revises grievance redressal process. Effective May 14, 2025.
IBBI disposes RTI appeal citing delay in reply and public domain availability of info on Ajnara India Ltd insolvency; reminds CPIO on timely responses.
IBBI disposes multiple RTI appeals citing delayed responses by CPIO but finds the final replies satisfactory; stresses need for timely compliance with RTI Act.
Neptune Petrochemicals penalized ₹1.19 lakh for issuing shares in physical form in violation of Section 29 of the Companies Act for 109 days.
CAAR Mumbai rules on customs classification for iron planter baskets with coir liners and standalone coir liners for export by N.C. John & Sons Pvt. Ltd.
CAAR Mumbai determines customs classification for ‘Timber Steel,’ a composite product used for concrete formwork, applying essential character rule.
SEBI extends deadline to 31 July 2025 for AIF managers to obtain NISM certification. Extension applies to specified schemes as of May 2024.
