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Notifications/Circulars

RBI Draft Directions Issued for Capital Market, NBFC Rules

October 24, 2025 657 Views 0 comment Print

RBI issued draft directions on Capital Market Exposure for banks and amendments to NBFC Scale-Based Regulation, inviting public and stakeholder comments by November 21, 2025.

UTGST Redefines ‘Nominated Agency’ via Customs Lists

October 24, 2025 585 Views 0 comment Print

Ministry of Finance amends UTGST (Rate) notification, aligning definition of ‘Nominated Agency’ with Lists 13, 14, and 15 of new Customs Notification 45/2025.

RBI Mandates Updates to UNSC Al-Qaida Sanctions List for REs

October 24, 2025 696 Views 0 comment Print

RBI circular on UAPA Section 51A requires Regulated Entities (REs) to update records based on the UNSC’s amended ISIL/Al-Qaida Sanctions List for compliance.

CBIC Merges 30 Customs Exemption Notifications

October 24, 2025 5673 Views 0 comment Print

CBIC issued Notification 45/2025-Customs, consolidating 30 standalone duty exemption notifications with the primary 50/2017-Customs for trade facilitation, effective November 1.

IFSCA Mandates Stewardship Code for Fund Managers and Investors

October 23, 2025 810 Views 0 comment Print

IFSCA implemented a Stewardship Code framework for all IFSC Fund Management Entities to enhance corporate governance, mandate active monitoring, and promote investor protection.

IBBI Not Required to Interpret or Clarify Records – RTI Appeal Dismissed

October 23, 2025 420 Views 0 comment Print

Tribunal emphasized that the CPIO cannot be directed to create, interpret, or deduce information. Appeals seeking clarifications or explanations regarding CIRP proceedings were dismissed in line with Section 2(f) of the RTI Act.

DGFT Amends Export Obligation Rules for Advance Authorisation

October 23, 2025 1701 Views 0 comment Print

DGFT Public Notice amends the Handbook of Procedures, removing the gold replenishment clause under Advance Authorisation and confirming the 120/180-day Export Obligation period.

CBIC Designates Malur, Karnataka as a New Customs Station

October 23, 2025 720 Views 0 comment Print

CBIC Notification 66/2025 amends the Customs Act to designate Malur in Kolar District, Karnataka, as a new Customs Station for handling import and export cargo.

RBI Draft circular on Unique Transaction Identifier for OTC Derivative Transactions

October 23, 2025 879 Views 0 comment Print

RBI releases a draft circular proposing a mandatory Unique Transaction Identifier (UTI) for all OTC derivative deals in India to enhance global data aggregation and market transparency.

MCA Establishes 10 New Regional Directorates under Companies Act 2013

October 23, 2025 5166 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) establishes ten new Regional Directorates with defined jurisdictions across India under the Companies Act, 2013, effective Jan 1, 2026.

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