CBIC Notification 63/2025-Customs (NT) amends the 2022 notification, explicitly empowering officers at SN 6 and 7 with seizure powers under Section 110(1), (3), and (5) of the Customs Act.
CBIC Notification 62/2025-Customs (NT) appoints the NCTC-Pax head (DGARM) as Principal Commissioner/Commissioner with pan-India power to process PNR data.
The RBI simplifies EDPMS and IDPMS closures for export/import bills under ₹10 lakh, allowing banks to reconcile based on a self-declaration, and prohibits penal charges.
RBI circular revises Merchanting Trade Transaction (MTT) rules, increasing the time limit for the foreign exchange outlay from four months to six months, effective immediately.
RBI announced new policies including the shift to the ECL framework for banks, a risk-based deposit insurance premium, relaxed forex rules, and measures to promote the INR internationally.
The Institute of Cost Accountants of India grants a final extension until March 31, 2026, for CoP holders to clear the mandatory CPE hour shortfall from 2024-25. Non-compliance will lead to CoP discontinuation.
Calcutta High Court put on hold a public notice restricting online legal advertising for trademark registration, keeping the issue of maintainability open for review.
The government has kept interest rates on PPF, NSC, SCSS, Sukanya Samriddhi, and other small savings schemes unchanged for Q3 FY 2025–26. Investors will continue to earn the same returns as the previous quarter.
SEBI Investor Survey 2025 finds high awareness but low participation (9.5%) in India’s securities markets. Fear of loss and complexity are key barriers, requiring simplified processes.
ROC Chhattisgarh imposed ₹946,500 in penalties on Navbharat Defence Systems and four directors u/s 137(3) for failure to file Financial Statements for FY 2023-24.
