RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from April 1, 2025.
CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, impacting Forms 10IH, 64A-F, for streamlined reporting.
The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning requirements.
IBBI suspends Insolvency Professional Rita Gupta for six months due to regulatory violations in a liquidation case. Investigation ordered for RP Rakesh Takyar.
Key updates on Indian Customs, including trade facilitation, GST awareness, sports events, and major enforcement actions on tax evasion and counterfeit goods.
Passports (Amendment) Rules, 2025, update proof of date of birth requirements for passport applications, effective from 24th February, 2025
IRDAI mandates a 4% obligatory cession to GIC Re for 2025-26, excluding terrorism and nuclear risks. Learn about commission rates and profit-sharing terms.
SEBI modifies the Investor Charter for stock brokers to enhance investor protection, transparency, and grievance redressal. New provisions effective immediately.
RBI releases Directions 2025 for forward contracts in government securities, applicable from May 2, 2025, outlining eligibility, settlement, and market regulations.
RBI invites public comments on draft circular regarding foreclosure charges and pre-payment penalties on loans. Stakeholders can submit feedback by March 21, 2025. Final circular issuance to follow public consultation.
