SEBI clarified that Angel Funds can invest only in startups meeting the Department for Promotion of Industry and Internal Trade (DPIIT) criteria. If a portfolio company loses its startup status, Angel Funds cannot make additional investments, even if pre-emptive rights exist.
RBI invites applications for Self-Regulatory Organisation (SRO) for the Account Aggregator ecosystem. Deadline for submission via PRAVAAH portal: June 15, 2025.
IRDAI permits insurers to use Bond Forwards for hedging, subject to compliance with RBI directions, prudential norms, and operational guidelines from FIMMDA.
CBIC revises customs tariff values for crude oils, gold, silver, brass scrap, and areca nuts. Changes effective from March 14, 2025. Read full notification details.
Detailed amendments to Notification No. 02/2017-Central Tax, revising territorial jurisdictions for Alwar, Chennai Outer, Jaipur, Jodhpur, Madurai, and more.
SEBI introduces amendments to Insider Trading Regulations 2025, refining definitions and disclosure requirements for improved market transparency.
The DGFT invites stakeholder feedback on amendments to export authorization procedures for SCOMET items under the Stock & Sale policy. Submit inputs by March 22, 2025.
CBIC invites proposals from CGST zones to reorganize territorial jurisdictions, aiming for a comprehensive assessment. Deadline for submission: March 31, 2025.
Finance Ministry specifies Power Finance Corporation Ltd.’s ten-year zero coupon bond with Rs. 49,546 discount, for Income-tax Act, 1961 purposes.
SEBI mandates 23-day rights issue completion, automated bid validation, and specific investor allotment flexibility, effective April 7, 2025.