SEBI mandates research analysts to renew certifications by passing NISM-Series-XV-B exam, effective from March 1, 2025, as per new regulations.
SEBI amends the Mutual Fund Regulations, 2025, including new rules for employee investment, stress testing, and fund deployment, effective from April 1, 2025.
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.
SEBI mandates industry standards for audit committee and shareholder review of related party transactions, effective April 1, 2025.
CBIC updates tariff values for crude oils, metals, and areca nuts under the Customs Act, effective February 15, 2025. Check revised import duty rates.
GST clarifications on pepper, raisins, ready-to-eat popcorn, AAC blocks, and ground clearance in the 55th GST Council meeting.
Kerala SGST outlines guidelines under Section 161 for rectifying apparent errors in orders, notices, and decisions, ensuring uniform implementation.
RBI imposes operational restrictions on New India Co-operative Bank, Mumbai, limiting loans, deposits, and withdrawals. Details of the RBI directive and its impact.
