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RBI extends deadline to implement BIS standards for note sorting machines

April 24, 2025 1449 Views 0 comment Print

RBI extends the deadline for banks to implement BIS standards for note sorting machines to November 1, 2025, due to implementation challenges

Mysore Palace Board Income Tax Exemption Notification – Section 10(46)

April 24, 2025 1119 Views 0 comment Print

CBDT notification details income tax exemption for Mysore Palace Board. Covers income from palace, fees, rent from government agencies, and bank interest.

IFSCA Clarifies CDD and Supply Chain Integrity for Vault Managers

April 22, 2025 654 Views 0 comment Print

IFSCA clarifies customer due diligence for vault managers in IFSC and outlines requirements for maintaining bullion supply chain integrity.

IBBI suspends IP for Asset protection failures & improper sale

April 22, 2025 741 Views 0 comment Print

IBBI disciplinary order suspends IP Jitendrakumar Yadav for 1 year for IBC violations in Dilip Chhabria & Maha Urja cases, citing asset protection failures & improper sale.

RBI Master Directions – Compounding of Contraventions under FEMA, 1999

April 22, 2025 4095 Views 0 comment Print

Learn about RBI’s Master Directions on compounding FEMA contraventions. Find details on application, eligibility, calculation, and procedure for Authorised Dealers.

Notification u/s 10(46A) of Income Tax Act in case of National Mission for Clean Ganga

April 22, 2025 1305 Views 0 comment Print

The Central Government notifies the National Mission for Clean Ganga as exempt from income tax under Section 10(46A), effective AY 2024-25.

SEBI: Draft Investor Charter for KYC Registration Agencies (KRAs)

April 4, 2025 609 Views 0 comment Print

SEBI seeks public comments on draft Investor Charter for KRAs, detailing services, rights, and grievance redressal. Submit feedback by April 25, 2025.

Notification No. 23/2025-Customs, Dated: 4th April, 2025

April 4, 2025 3699 Views 0 comment Print

India’s Finance Ministry amends import duties, removing specific rate under Customs Notification 50/2017. Details of the change.

RBI Launches Verified WhatsApp Channel for Public Awareness

April 4, 2025 3027 Views 0 comment Print

RBI launches verified WhatsApp channel to expand public awareness of financial information. Users can access via QR code.

Limited Reach of RERA: Why Rural India Remains Unaffected

April 4, 2025 2814 Views 0 comment Print

 RERA’s impact is limited in rural India due to exemptions, informal transactions, and lack of awareness, leaving buyers vulnerable.

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