RBI updates norms for government-guaranteed Security Receipts, affecting valuation, capital deductions, and dividend payments. Effective immediately.
On 29 March 2025, the President of India granted assent to the Finance Act 2025, marking a significant milestone in the country’s fiscal policy framework.
Notification No. 22/2025-Customs modifies import duty rates for specified goods under Notification No. 25/2021. Effective from 28th March 2025.
Finance Ministry amends Customs Notification 22/2022, effective April 1, 2025, through Notification 21/2025, altering Table I.
FSSAI amends rules to include medical and dental degrees for Food Safety Officer eligibility under the Food Safety and Standards Act, 2006.
Kerala SGST clarifies interest waiver scheme under Section 128A, detailing rules for handling tax demands and self-assessed tax recovery.
Customs extends SCMTR transitional period to May 31, 2025, to allow stakeholders to comply with electronic filing requirements, avoiding penalties.
CBIC outlines procedures for importing/exporting gems, jewellery, and samples via personal carriage, ensuring streamlined electronic processing and compliance.
All CGST field formations will be operational on 29th, 30th, and 31st March 2025 to ensure uninterrupted service during the financial year-end.
CBIC amends Sea Cargo Manifest and Transshipment Regulations, extending deadlines for compliance. Effective from publication in the Official Gazette.
