SEBI permits Association of Persons (AoP) to open demat accounts for holding mutual funds, corporate bonds, and government securities under specified conditions.
IFSCA requires regulated entities to register on FIU-IND FINGate 2.0 for AML, CFT, and KYC compliance. Non-compliance may lead to licensing breaches.
Details of the Lok Sabha Select Committee’s sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence sessions by ICAI, EY, FICCI, and CII.
The Competition Commission of India (CCI) notifies new regulations for recovering monetary penalties, detailing procedures for demand notices, refunds, and enforcement.
IBBI’s Disciplinary Committee reviews allegations against Insolvency Professional Sandeep Goel for non-compliance in CIRP cases, issuing its final order.
India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domestic industry.
The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.
RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from April 1, 2025.
CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, impacting Forms 10IH, 64A-F, for streamlined reporting.
The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning requirements.
