SEBI clarifies that physical security creation alone is insufficient for demat assets. Trustees must ensure depository-level registration to validate charges and protect investors.
The issue arose from disruption in shipping routes due to closure of a key maritime passage. CBIC allowed transhipment of FCL and LCL cargo from all ports and airports to ease congestion. The key takeaway is enhanced flexibility and faster cargo movement during disruptions.
The issue was whether self-sealing permission granted to exporters has a fixed validity period. CBIC clarified that such permission continues indefinitely unless withdrawn for non-compliance or misuse.
FSSAI introduced perpetual licenses and simplified registration norms to ease compliance. The reforms reduce costs while maintaining strict food safety standards.
The notification grants exemption under Section 10(46) as the authority performs non-commercial legal aid functions. It covers grants, fees, and interest income. The ruling ensures tax relief subject to compliance with statutory conditions.
The government has notified a statutory board for income tax exemption under Section 10(46A). The benefit applies from AY 2027–28 subject to conditions.
The government grants tax exemption on specified income to an education board. The benefit is subject to strict compliance conditions and filing requirements.
The government has notified a statutory trust for income tax exemption under Section 10(46A). The benefit applies from AY 2025–26 subject to conditions.
The government notifies a statutory authority as eligible for income tax exemption. The benefit applies from AY 2025–26 subject to specified conditions.
The notification extends exclusive import rights for urea to a designated agency until 2027. It ensures continuity in regulated procurement under existing policy conditions.
