IFSCA seeks public comment on new rules for Public Interest Directors on IFSC Market Infrastructure Institution boards, proposing stricter skill-sets, evaluation, and appointment processes for enhanced governance.
A crucial aspect of navigating portal https://www.gstat.gov.in/ effectively is the recently released User Manual | Registration Guide to Online Filing of Appeals and Applications. This comprehensive manual serves as an indispensable resource for taxpayers, tax officials, and authorized representatives, walking them through every step of the e-filing journey.
IFSCA seeks public comments on proposed changes to allow Video-based Customer Identification Process (V-CIP) for Non-Resident Indians in select jurisdictions.
CBI successfully extradites Monika Kapoor from the USA, a fugitive in a 2002 import-export fraud case involving forged documents and duty-free gold licenses.
Ministry of Steel clarifies its order on BIS standards for intermediate steel materials, aiming to ensure product quality and fair competition for domestic manufacturers.
Ministry of Finance clarifies it hasn’t directed banks to close inactive PMJDY accounts, launching a campaign to boost scheme adoption and re-KYC.
ICAI issues Guidance Note for non-corporate financial statements, effective April 1, 2024, replacing 2022 Technical Guide with standard formats.
Ministry of Finance confirms tax benefits available under NPS will apply to the Unified Pension Scheme (UPS), providing parity and incentives for Central Government employees.
IFSCA issues public advisory warning IFSC users about online scams via social media, urging vigilance, verification, and reporting of suspicious activity.
SEBI’s new consultation paper proposes allowing Credit Rating Agencies (CRAs) to rate financial instruments regulated by other financial sector bodies, even without specific guidelines from those regulators. The proposal aims to address industry gaps and enhance synergies while maintaining a segregated operational framework for non-SEBI regulated activities. Public comments are invited until July 30, 2025.
