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Foreign Exchange Management (Deposit) (Fifth Amendment) Regulations, 2025

January 14, 2025 1083 Views 0 comment Print

RBI amends FEMA Deposit Regulations, allowing SNRR accounts abroad and facilitating fund transfers between repatriable Rupee accounts for bona fide transactions.

CPRI Bengaluru Approved for Scientific Research Tax Benefits

January 14, 2025 363 Views 0 comment Print

 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.

Schedule-II (Export Policy) of ITC(HS), 2022 & Updated Export Notes Notified

January 13, 2025 582 Views 0 comment Print

The DGFT has notified the updated Export Policy (Schedule-II) of ITC(HS) 2022, aligned with the Finance Act 2024, effective immediately.

Draft Legal Metrology (Government Approved Test Centre) Amendment Rules, 2025

January 10, 2025 147 Views 0 comment Print

Draft Legal Metrology (Government Approved Test Centre) Amendment Rules, 2025 published for stakeholder comments. Submit feedback by 10th February 2025 via provided emails.

SEBI Renews Recognition for AMC Repo Clearing Limited

January 9, 2025 288 Views 0 comment Print

SEBI grants AMC Repo Clearing Limited a one-year recognition renewal from January 17, 2025, to January 16, 2026, for clearing repo transactions in debt securities.

Draft Rules for Automatic Level Gauges – comments from stakeholders

January 7, 2025 147 Views 0 comment Print

 “Draft Legal Metrology Rules for Automatic Level Gauges open for stakeholder comments. Submit feedback by 06.02.2025 via email. Details on specifications included.”

Nodal Officer Designation for IGST Act Section 14A(3)

January 6, 2025 558 Views 0 comment Print

Notification designates DGGI-Hq official as nodal officer under IGST Act Section 14A(3) per IT Act and Intermediary Guidelines. Effective January 6, 2025.

Income Tax Notification on IFSC Units and Tax Collection (TCS) Rules

January 6, 2025 1188 Views 0 comment Print

Government specifies IFSC units exempt from tax collection under Section 206C(1H) for eligible purchases. Details outlined for buyers and sellers.

Environment Protection (End-of-Life Vehicles) Rules, 2025

January 6, 2025 1386 Views 0 comment Print

The Environment Protection (End-of-Life Vehicles) Rules, 2025, detail vehicle recycling, centralized reporting, EPR obligations, and compliance standards starting April 1, 2025.

Amendment in Import Policy for Synthetic Knitted Fabrics

January 4, 2025 345 Views 0 comment Print

Government extends Minimum Import Price (MIP) condition on synthetic knitted fabrics under specific ITC(HS) codes till March 31, 2025. Check detailed updates.

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