IBBI amends rules for insolvency process of personal guarantors to corporate debtors; new regulation on non-submission of repayment plans added.
India restricts import of selected Bangladeshi goods to specific ports. New rules affect garments, food, plastics, and more, effective 17 May 2025.
RBI issues $700M Line of Credit via Exim Bank to Mongolia for a crude oil refinery project; Indian exports eligible under Foreign Trade Policy.
CBDT specifies Indian Railway Finance Corporation Ltd.’s Ten Year Zero Coupon Bond under Income-tax Act Section 2(48), detailing features and March 2027 issue deadline.
CBDT grants tax exemption to Telangana Pollution Board for specific incomes from FY 2021-22 to 2025-26, with conditions on activities and income type.
CBDT issues Income-tax (18th Amendment) Rules, 2025, substituting Form ITR-7. New form effective from April 1, 2025, under section 139 of Income-tax Act.
Notification 29/2025-Customs exempts duty on imported art, public memorials, and registered antiquities for public exhibition under specific conditions.
IFSCA seeks feedback on draft regulations for TechFins and Ancillary Services in IFSCs, aiming to unify frameworks and enhance compliance.
RBI releases updated digital lending rules focusing on transparency, customer protection, data privacy, and third-party partnerships.
RBI removes short-term and concentration limits for FPIs investing in corporate debt under the General Route with immediate effect.