ICEGATE now supports self-initiated voluntary payments online, replacing manual TR-6 challans at Chennai Air Cargo with digital options from July 19, 2025.
RBI’s 2025 directions for AIF investments set new limits for regulated entities (REs) and introduce provisioning requirements for downstream investments in debtor companies.
SEBI circular dated July 29, 2025, removes mandatory CP codes for NRIs in exchange-traded derivatives, simplifying position limit monitoring for enhanced investment ease.
CBDT permits processing of electronically filed ITRs wrongly invalidated by CPC, with intimation due by March 2026, subject to PAN-Aadhaar linkage.
CBDT modifies Rule 21AK under Income-tax Rules, 1962 to include over-the-counter derivatives and clarify the role of Foreign Portfolio Investors.
CBIC launches ICES module for bulk finalization of Bills of Entry and reports major seizures of areca nut and gold, highlighting duty evasion and smuggling.
This case examines delays in transferring non-priority files after departmental restructuring. It mandates systematic redistribution to ensure efficiency and avoid operational bottlenecks.
Chennai Customs has issued a public notice introducing ICETABs for export examination and clearance. The new system allows officers to view documents and upload real-time cargo images.
Chennai Port to implement mandatory SDM and SDN messages from August 4, 2025, replacing EGM filing and linking export incentives to compliance.
The RBI has released draft Master Directions for Co-operative Banks, replacing old norms with new business authorization criteria and rules for operations.
