SEBI relaxes deadlines for Alternative Investment Funds (AIFs) to hold investments in dematerialised form, with new requirements effective from July 1, 2025.
SEBI updates Consolidated Account Statement (CAS) timelines, extending data submission and dispatch deadlines for monthly and half-yearly statements.
RBI removes the Board of New India Co-operative Bank, Mumbai, citing governance concerns. An Administrator and Advisory Committee appointed for 12 months.
RBI imposes operational restrictions on New India Co-operative Bank, Mumbai, limiting loans, deposits, and withdrawals. Details of the RBI directive and its impact.
RBI updates rules for trading government securities, gold-related securities, and money market instruments under the Securities Contracts Act.
India revises customs duties, imposing 100% duty on most alcoholic beverages and reducing bourbon whiskey duty to 50%, effective immediately.
India restricts premium frozen duck meat imports to 3-star and above hotels, requiring authorization for distributors. Direct imports by hotels remain unrestricted.
IFSCA corrects formatting and reference errors in the 2024 Regulations for Registration of Factors and Assignment of Receivables. Changes are effective immediately.
New GST registration rules require biometric or Aadhaar authentication at GSK. Complete verification within 15 days to avoid ARN rejection.
DGFT invites applications for CPC and RPC import allocation for 2025-26. Submission deadline: Feb 28, 2025. Eligibility and procedure details inside.
