DGFT proposes mandatory GST e-invoices for deemed export benefits. Stakeholders can submit comments by April 2025 for consideration under FTP 2023.
RBI releases Master Direction on Capital Adequacy for RRBs, outlining prudential norms, risk weights, and reporting requirements effective April 1, 2025.
CBIC defines camera module components for concessional duty under Customs Notification 57/2017, ensuring uniform classification for mobile phone manufacturing.
CBIC discusses revenue trends, HR promotions, sports events, and duty evasion cases in a recent review meeting. Key updates on investigations and achievements.
SEBI extends suspension of trading in select commodity derivatives, including wheat, paddy, and crude palm oil, until March 31, 2026.
RBI updates Priority Sector Lending (PSL) guidelines, effective April 1, 2025, replacing 2020 norms. New targets and classifications aim to boost credit flow.
RBI modifies Priority Sector Lending Certificates (PSLC) criteria for loans to small/marginal farmers, impacting PSL sub-targets and overall achievement.
RBI lowers the Priority Sector Lending (PSL) target for Urban Co-operative Banks (UCBs) to 60% of ANBC or CEOBSE from FY 2024-25 onwards.
RBI instructs banks to keep currency chests open on March 31, 2025, for government transactions, ensuring proper accounting for FY 2024-25.
CBIC amends Notification No. 61/94-Customs (N.T.), adding Navi Mumbai and Noida International (Jewar) as designated customs ports for imports and exports.
