Finance Ministry’s Notification 151/2025 grants income tax exemption to the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), effective retrospectively from Assessment Year 2024-25.
IBBI’s Sixth Amendment Regulations, 2025, modify Corporate Insolvency Resolution Process (CIRP) rules, including omission of Regulation 39C and changes to Regulation 39D and Form H.
Certain clauses in Regulations 31A and 32 of the 2016 Liquidation Process Regulations were omitted to simplify compliance. The amendment applies prospectively to new liquidation cases, improving clarity for insolvency professionals.
From Oct 29, 2025, exports of chilled and frozen meat allowed only after proof of remittance to Meat Export Development Fund (MEDF), operated by APEDA.
The IFSCA has notified amendments to the 2024 Listing Regulations, revising maximum penalties for non-compliance and setting a 45-day deadline for half-yearly financial statement disclosure.
IRDAI stops surveyors from adding Lines of Business (LOB) based on 2001 categorization, citing obsolete knowledge. New additions must adhere to updated 2015 regulations.
DGFT amends import policy: Sulfadiazine API imports with CIF value less than Rs. 1,774/kg are Restricted until Sep 30, 2026. Exemption for Advance Authorization, EOU, and SEZ units is provided.
India mandates REEIMS registration for imports of specific components (Ch 70, 73, 84, 85) used in solar and wind energy projects, effective November 1, 2025.
FSSAI notifies the establishment of the Central Advisory Committee for three years, including the CEO as Chairperson, 36 State Commissioners, and experts from key food sectors.
CBDT Notification 150/2025 grants income tax exemption to the Jhansi Development Authority under Section 10(46A), effective from Assessment Year 2025-26.
