The RBI has updated its guidelines to permit acquisition and bridge finance for promoter stakes in new companies. This move enhances flexibility in corporate financing structures.
RBI introduced detailed rules on loans against eligible securities, including LTV limits and collateral norms. The amendment strengthens risk monitoring and restricts high-risk lending practices.
CBIC has extended transitional provisions under SCMTR till 30 June 2026 due to incomplete system development and testing. Stakeholders must ensure accurate electronic filings during this extended period.
The notification introduces a one-time 30-day extension for export, re-export, and re-import deadlines. It aims to address delays caused by geopolitical developments and ease compliance for exporters.
The circular introduces mandatory Form I and Form II for SWFs to claim tax exemptions. The ruling ensures structured application and reporting to prevent misuse while enabling eligible benefits.
The RBI amended concentration risk rules to introduce detailed capital market exposure norms for small finance banks. It sets prudential limits and clarifies inclusion and exclusion of exposures to strengthen risk management.
RBI clarified that irrevocable payment commitments will be treated as financial guarantees with specific capital requirements. The amendment ensures capital is maintained only on CME exposure with defined risk weights.
RBI mandates detailed reporting of capital market exposures in financial statements. The move enhances transparency and strengthens risk monitoring for small finance banks.
The government introduced new rules replacing the 2017 framework to streamline IGST settlement between Centre and States. The rules establish detailed reporting, reconciliation, and fund transfer mechanisms to ensure accuracy and transparency.
The notification updates tariff values used for duty calculation on key imports like gold, silver, and palm oil. It aims to align customs valuation with global prices and prevent under-invoicing.
