CBIC Circular outlines guidelines for voluntary revision of customs entries post-clearance under the new Section 18A, enabling duty payment with interest but without penalty. Fee is Rs. 1000/-.
SEBI implements new eligibility criteria for derivatives on Non-Benchmark Indices (NBIs). BANKNIFTY adjustments phased over 4 tranches by Mar 2026; FINNIFTY/BANKEX by Dec 2025.
SEBI allows IAs and RAs to share ICAI/ICMAI-certified past performance data with clients on request, as an interim step before the PaRRVA verification agency becomes operational.
SEBI permits Investment Advisers (IAs) to charge a fee (max 2.5% AUA) for providing second opinions on client assets under pre-existing distribution arrangements.
SEBI Circular extends the deadline for Qualified Stock Brokers (QSBs) to implement mandatory systems for the optional T+0 settlement cycle, previously due November 1, 2025. The extension addresses implementation challenges.
CBDT Circular 15/2025 extends the AY 2025-26 ITR filing deadline for audited accounts from Oct 31 to Dec 10, 2025. Audit reports are now due by Nov 10.
PFRDA introduces “NPS e-shramik (Platform Service Partner) Model” to bring gig workers into retirement planning. Aggregators aid onboarding; PoPs get incentives.
MCA has relaxed additional fees for filing the Cost Audit Report (CRA-4) for FY 2024–25, citing delays due to new V3 portal deployment. Filings by 31 December 2025 won’t attract penalties.
DGFT clarifies SEZs, EOUs, and Advance Authorisation holders are exempt from silver jewellery import restrictions under Notification No. 34/2025-26.
SEBI mandates prior approval and specific conditions for Portfolio Managers transferring PMS business. Transfers between non-group entities must involve the complete business.
