RBI released a draft circular to streamline cross-border inward payments, aiming for faster credit to beneficiaries and improved efficiency under the Payments Vision 2025.
CBDT Circular 15/2025 extends the AY 2025-26 ITR filing deadline for audited accounts from Oct 31 to Dec 10, 2025. Audit reports are now due by Nov 10.
DGFT cancels provisional Gold TRQ allocations under India-UAE CEPA for FY25-26. Trade Notice 16/2025-26 details the online procedure for applicants to claim application fee refunds.
PFRDA introduces “NPS e-shramik (Platform Service Partner) Model” to bring gig workers into retirement planning. Aggregators aid onboarding; PoPs get incentives.
DGFT Public Notice 31/2025-26 revises the India-UAE CEPA Gold TRQ procedure (HS 7108). Applicants must now have BIS hallmarking and GST registration. TRQ allocation will shift to a competitive online bidding/tender process.
Finance Ministry has curtailed the zero-duty period for Yellow Peas imports, limiting it to Bills of Lading issued on or before 31st October 2025.
The Ministry of Finance issued Notification 46/2025-Customs, reducing the import duty and AIDC on Yellow Peas to 10% and 20% respectively, effective November 1, 2025.
The GST portal will bar return filing (GSTR-1, 3B, 9/9C, etc.) after three years from the due date, effective from the November 2025 tax period. File all outstanding returns now.
DGFT amends Appendix 2B of FTP 2023 to include agencies authorized to issue Certificates of Origin under the India–EFTA Trade and Economic Partnership Agreement (TEPA).
RBI’s 2025 Directions mandate banks to offer nomination for deposits/lockers, aligning with new laws. Customers must be informed; non-nomination requires a declaration.
