HUDCO bonds issued after April 1, 2025, notified as long-term assets under Section 54EC for capital gains exemption, usable for infrastructure projects only.
IBBI seeks public suggestions to simplify and reduce compliance costs in IBC regulations. Comments accepted online until 30th June 2025.
IFSCA updates ship leasing norms in IFSCs, revises currency rules and restrictions on vessel transfers. Amendments effective immediately.
CBDT grants tax exemption to Prayagraj Mela Pradhikaran under section 10(46A) of the Income-tax Act, effective from assessment year 2024–25.
CBDT notifies Greater Mohali Area Development Authority for income tax exemption under section 10(46A), effective from assessment year 2024–25.
IRDAI fines Flipkart ₹1.06 crore for insurance regulation breaches, including ISNP misuse and operating without valid registration.
DPIIT allows Indian companies to issue bonus shares to existing non-resident shareholders in FDI-prohibited sectors, with no change in ownership.
CBIC appoints authority for adjudication of show cause notices to Aardwolf Material Handling Pvt. Ltd. under Customs Act, 1962.
Developers and IT/ITeS SEZ units may use TR6 challan for duty payments instead of ICEGATE until further notice from DG(Systems) or the Commerce Ministry.
CBDT introduces ITR-B for search and seizure cases under section 158BC of the Income Tax Act, effective from 1st September 2024.
