Overview of IFSCA’s 2024 regulations governing authorization and operation of payment systems in International Financial Services Centres (IFSCs).
IFSCA updates 2022 investment rules for insurance offices, introducing new limits for ULIP funds and DTA investments. Changes take effect from official Gazette publication.
Ministry of Personnel requests submission of six-monthly NPS reports for April-September 2024 via NPS OSM portal. Deadline for all ministries and departments.
New CGST building in Delhi inaugurated; DRI busts illegal Mephedrone factory in MP, seizing ₹168 crore worth of drugs, and intercepts ₹25 crore currency smuggling.
SEBI introduces a framework for monitoring shareholding norms of Market Infrastructure Institutions (MIIs), enhancing compliance for listed and unlisted entities.
SEBI issues corrigendum linking Commodity Derivatives Segment rules to the circular on financial disincentives due to technical glitches for MIIs, effective October 2024.
The GST Invoice Management System (IMS) is live from 14th Oct 2024. It helps taxpayers match invoices for accurate ITC claims. GSTR-2B to be generated on 14th Nov.
DGFT restricts import of parts for gas-fueled pocket lighters, non-refillable or refillable, under HS code 96139000. Notification effective immediately.
Notification 25/2024 mandates compliance for businesses dealing with metal scrap under GST. GST portal update will enable registration via FORM GST REG-07.
SEBI issues an interpretive letter clarifying related party transaction thresholds for Bajaj Finserv’s subsidiary, impacting insurance and re-insurance agreements.
