Details of the Lok Sabha Select Committee’s sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence sessions by ICAI, EY, FICCI, and CII.
The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.
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.
RBI releases Directions 2025 for forward contracts in government securities, applicable from May 2, 2025, outlining eligibility, settlement, and market regulations.
The Ministry of Finance issues Notification 15/2025-Customs, amending Notification 50/2017. Changes impact S.No. 551 and 555, effective immediately.
India approves Credit Guarantee Scheme for e-NWR loans to boost agri-finance. Scheme valid till 2030-31, covering default risks for eligible lenders.
FSSAI drafts amendments to labelling rules, emphasizing RDA visibility, milk product logos, and coffee-chicory mix declarations. Public comments open for 60 days.
Overview of IFSCA Fund Management Regulations 2025, covering investor criteria, fund valuation, disclosure norms, borrowing limits, and compliance requirements.
