RBI amends Foreign Exchange Management Regulations, enabling Indian exporters to hold foreign currency accounts abroad for export realisations and import payments.
RBI amends FEMA Deposit Regulations, allowing SNRR accounts abroad and facilitating fund transfers between repatriable Rupee accounts for bona fide transactions.
CPRI, Bengaluru, approved as a ‘Research Association’ under section 35 of the Income-tax Act, 1961, for tax benefits from AY 2025-26 to 2029-30.
CBIC amends arrest guidelines under CGST Act. Grounds of arrest must be provided in writing per Delhi HC judgment in Kshitij Ghildiyal vs DGGI.
IFSCA extends the deadline for implementing the complaint handling circular for regulated entities in the IFSC to April 1, 2025, due to operational challenges.
CBIC celebrates IRS officers’ graduation and launches a drug disposal campaign, emphasizing vigilance and public awareness in combating drug trafficking.
The ICAI Disciplinary Committee has fined CA Ankit A. Chokshi Rs. 25,000 after finding him guilty of professional misconduct for failing to report a deposit in a trust’s audit report.
Registrar of Companies penalized M/s Be Bold & Confident Careers Pvt Ltd for violating Section 134 of Companies Act, 2013. Learn about the case details here.
NSE announces XBRL utility for Integrated Filing-Governance from Jan 14, 2025, replacing PDF submissions, for ease of doing business by listed entities.
The DGFT has notified the updated Export Policy (Schedule-II) of ITC(HS) 2022, aligned with the Finance Act 2024, effective immediately.
