The Directorate General of Foreign Trade (DGFT) has updated Para 4.41(5) of the FTP 2023, correcting the name of the International Gemmological Institute (India) Pvt. Ltd. to International Gemmological Institute (India) Limited.
The Indian government has restored RoDTEP scheme benefits for exports made by Advance Authorization holders, Special Economic Zones, and Export-Oriented Units, effective June 1, 2025.
SEBI issues guidelines on appointments, cooling-off period, and re-appointment rules for MIIs’ key personnel, effective 90 days from May 26, 2025.
The IBBI has consolidated nine Corporate Insolvency Resolution Process (CIRP) forms into five, introducing a monthly reporting cycle to reduce compliance burden for Insolvency Professionals.
CBIC newsletter details participation in WCO RHCA Conference, India-Singapore AEO MRA, ADVAIT Hackathon, CRCL-IIT Delhi MoU, and pre-GST Day celebrations.
Jalna in Maharashtra added as a customs station for loading/export and unloading/import of goods under Customs Act via Notification No. 37/2025.
RoDTEP schedule updated from May 1, 2025, to align with Customs Tariff Act changes under Finance Act 2025. Updated rates available on DGFT website.
SEBI mandates equity derivatives to expire on Tuesday or Thursday. Exchanges must comply with new rules and submit proposals by June 15, 2025.
IBBI amends CIRP regulations to include provisions on interim finance observers, staged payments, and expressions of interest for asset or full entity sales.
IFSCA grants 6-month extension for Fund Management Entities to appoint IFSC-based custodians under new regulations, addressing compliance challenges.
