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DGFT Clarifies Warehousing Rule for Import Clearance

July 22, 2025 1410 Views 0 comment Print

DGFT allows import clearance without warehousing if authorisation is issued after shipment but before customs clearance, except for restricted or STE items.

IRDAI Mandates Local Data Storage for Foreign Reinsurers

July 22, 2025 1515 Views 0 comment Print

IRDAI clarifies that foreign reinsurer branches and Lloyd’s India must maintain all collected records, including electronic, within India as per new regulations.

MOOWR Scheme: Online Application Portal Removed

July 22, 2025 2505 Views 0 comment Print

CBIC Circular 18/2025-Customs: MOOWR Scheme’s online application via Invest India is discontinued. Apply directly to jurisdictional Customs Commissioner.

CBDT Relaxes TDS/TCS for PAN-Aadhaar Linking

July 21, 2025 28047 Views 2 comments Print

CBDT Circular 9/2025 offers partial relief for higher TDS/TCS on inoperative PANs, extending compliance deadlines for taxpayers who link PAN with Aadhaar.

Maharashtra Trusts Allowed 50% Investments in MFs, Govt Securities & Bluechip Shares

July 21, 2025 7776 Views 0 comment Print

New circular from Maharashtra Charity Commissioner allows public trusts to invest up to 50% of funds in diverse securities without individual approval.

DGFT Clarifies Organic Textile Export Requirements

July 15, 2025 543 Views 0 comment Print

DGFT clarifies that NPOP certification is not required for organic textile exports. Exporters need Transaction Certificates from Textile Exchange, GOTS, or buyer-mandated bodies.

IBBI Withdraws Form IP-1 for IBC Assignments

July 14, 2025 822 Views 0 comment Print

IBBI withdraws Form IP-1 for all IBC processes from July 14, 2025, following introduction of revised reporting framework and electronic Assignment Module.

IRDAI Releases 3rd Surveyor Exam List, Sets Deadlines

July 11, 2025 1905 Views 0 comment Print

IRDAI has published its third list of eligible trainee surveyors for the September 2025 pre-licensing exams. The notice outlines key dates for registration, slot booking, and exam schedule, advising trainees on membership and discrepancy reporting.

NPCI Revises IMPS Chargeback Handling Process

July 10, 2025 2286 Views 0 comment Print

NPCI to auto accept or reject IMPS chargebacks based on TCC/RET timing from Aug 27, 2025, applicable only to bulk upload/ODIR methods.

IRDAI Releases 2nd List of Surveyor Exam Trainees

July 8, 2025 942 Views 0 comment Print

IRDAI issues second list of eligible trainee surveyors for the September 2025 pre-licensing exam. Discrepancy emails accepted until 10 July 2025.

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