RBI revises FEMA regulations, modifying payment rules for Asian Clearing Union (ACU) members, excluding Nepal and Bhutan. Changes apply from the date of publication.
GST applicants in Maharashtra & Lakshadweep must complete biometric Aadhaar authentication & document verification at GST Suvidha Kendras for registration.
CBDT amends Income-Tax Rules, 1962, updating regulations for Infrastructure Debt Funds, including investment criteria, bond issuance, and borrowing rules.
CBIC amends Customs Notification No. 61/94, adding Rajkot for unloading imported goods and loading export goods under the Customs Act, 1962.
DGFT updates SION E-136, allowing export of wheat flour with millets. Conditions include minimum ingredient percentages and domestic sourcing requirements.
RBI cuts Bank Rate to 6.50%, affecting penal interest on reserve shortfalls. New rates apply immediately as per the latest monetary policy update.
RBI cuts repo rate to 6.25%, impacting the Standing Liquidity Facility for Primary Dealers. New rate applies immediately as per the latest policy update.
RBI grants SEBI-registered non-bank brokers access to NDS-OM for government securities trading. Revised access criteria apply immediately.
RBI updates rules for trading government securities, gold-related securities, and money market instruments under the Securities Contracts Act.
SEBI mandates a minimum three-day gap between approval and record date for corporate actions. Listed entities are no longer required to announce book closure dates.