SEBI introduces guidelines for external and internal evaluation of MIIs and their statutory committees, emphasizing consistency, transparency, and regulatory compliance.
CBDT authorizes data sharing with the Dept. of Food & Public Distribution to identify beneficiaries under PMGKAY as per Income-tax Act Section 138.
IRDAI caps annual premium hike for senior citizens’ health insurance at 10%, mandates prior consultation for higher revisions, and emphasizes hospital rate negotiations.
The government updates the rules for Lab Grown Diamonds exports, making additional qualifiers voluntary for diamonds under one carat while remaining mandatory otherwise.
IFSCA circular permits SNRR accounts of IFSC units to handle all business-related transactions under amended FEMA regulations, effective January 2025.
IFSCA mandates IBUs to enable internet banking for SNRR accounts of IFSC units. Quarterly status reports required until implementation begins by March 2025.
SEBI clarifies rules on associations with entities engaged in prohibited activities by regulated persons and their agents, effective from August 2024.
RBI updates guidelines on private placement of NCDs by HFCs, aligning them with NBFC regulations, effective from January 29, 2025.
India changes import policy for patrol boats, air-cushion vehicles, and others under CTH 890690, shifting from Restricted to Free with immediate effect.
DGFT introduces an online module for Annual RoDTEP Return filing. Exporters can access it on the DGFT portal along with user guidelines and FAQs.
