ICAI adds 5 cities for the ISA Assessment Test (3.0) on 12 July 2025. Exam to be held in CBT mode; other details from earlier notice remain unchanged.
DGFT Notification 20/2025-26 amends Foreign Trade Policy 2023, revising the Export Obligation period for QCO-exempt imports. The 180-day restriction now applies solely to chemical products, while textiles revert to Handbook of Procedures guidelines.
A new finance ministry notification grants TDS exemptions for specific payments to International Financial Services Centre (IFSC) units, effective July 1, 2025.
FSSAI revises 2018 Alcoholic Beverages Regulations, introducing new definitions for RTDs, country liquors, honey wine, and craft beer. Changes effective January 1, 2026.
RBI released updated Project Finance Directions 2025, effective Oct 1, 2025, harmonizing norms for Regulated Entities, focusing on stress resolution and DCCO changes.
CBDT notifies tax exemption for Forum of Regulators on govt grants, fees, and interest income, applicable retrospectively from FY 2011–12 to 2015–16.
CBDT grants income tax exemption to Kerala Toddy Workers’ Welfare Fund Board for specific income, effective from AY 2022–23 to 2026–27.
RBI directs regulated entities to update compliance systems under UAPA after UNSC adds Abubakar Swalleh to ISIL sanctions list on June 16, 2025.
The Reserve Bank of India (RBI) has officially included NSDL Payments Bank Limited in the Second Schedule of the RBI Act, 1934, effective June 19, 2025.
National Financial Reporting Authority seeks advocates for empanelment to represent it in courts and tribunals, covering litigation, drafting, and legal opinions.
