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SEBI Releases Findings of Financial Sector Review

April 5, 2025 705 Views 0 comment Print

SEBI shares results of India’s 2024 Financial Sector Assessment Program in coordination with IMF and World Bank, highlighting stability and regulatory efforts.

RRB Amalgamation: 26 Banks Merge in Phase Four

April 5, 2025 2556 Views 0 comment Print

Ministry of Finance notifies the fourth phase of Regional Rural Bank (RRB) amalgamation, consolidating 26 RRBs into larger entities for efficiency.

WAQF (Amendment) Act, 2025

April 5, 2025 1662 Views 0 comment Print

The WAQF (Amendment) Act, 2025 introduces changes to definitions, registration, governance, and audit of waqf properties across India.

Section 194EE Exemption: 80CCA Withdrawals Tax-Free

April 5, 2025 2694 Views 0 comment Print

Finance Ministry exempts 80CCA withdrawals from TDS under Section 194EE. Individuals withdrawing after notification date are affected.

Kerala SGST: Pecuniary Limits under Section 74A for Proper Officers

April 5, 2025 1041 Views 0 comment Print

Kerala SGST Circular 10/2025 sets officer-wise monetary limits for notices/orders under new Section 74A of GST Acts, effective now.

Amendments in TDS Deductions Under Finance Act 2025

April 4, 2025 8244 Views 0 comment Print

Changes in TDS deductions under Finance Act 2025 include revised thresholds for Sections 194A, 194H, and 80CCA. Effective from April 1, 2025.

SEBI Sets Up PaRRVA for Risk-Return Verification

April 4, 2025 1557 Views 0 comment Print

SEBI details PaRRVA framework for CRAs & SEs to verify past performance claims by IAs, RAs & algo providers. Covers rules, eligibility, roles & oversight.

SEBI releases Standardized MII Audit Report Format

April 4, 2025 918 Views 0 comment Print

SEBI mandates a standardized format for System and Network audit reports for MIIs, enhancing data quality and compliance monitoring.

IFSCA Framework for Global/Regional Corporate Treasury Centres

April 4, 2025 2514 Views 0 comment Print

IFSCA revises framework for Global/Regional Corporate Treasury Centres in IFSCs, easing business and aligning with global practices.

Notification No. 23/2025-Customs, Dated: 4th April, 2025

April 4, 2025 3594 Views 0 comment Print

India’s Finance Ministry amends import duties, removing specific rate under Customs Notification 50/2017. Details of the change.

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