Reserve Bank of India reduces the policy repo rate by 25 basis points to 6.00% with immediate effect, adjusting SDF and MSF rates accordingly.
CBDT sets 30 April 2025 as the last date to file declarations under the Direct Tax Vivad se Vishwas Scheme, 2024.
RBI withdraws 20 circulars related to cheque processing and customer service as part of regulatory simplification under RRA 2.0 recommendations.
Indian government revises central excise duty on petrol to Rs. 13/litre and diesel to Rs. 10/litre, effective April 8, 2025.
HUDCO bonds issued after April 1, 2025, notified as long-term assets under Section 54EC for capital gains exemption, usable for infrastructure projects only.
CBDT grants tax exemption to Prayagraj Mela Pradhikaran under section 10(46A) of the Income-tax Act, effective from assessment year 2024–25.
CBDT notifies Greater Mohali Area Development Authority for income tax exemption under section 10(46A), effective from assessment year 2024–25.
CBDT introduces ITR-B for search and seizure cases under section 158BC of the Income Tax Act, effective from 1st September 2024.
Ministry of Finance notifies the fourth phase of Regional Rural Bank (RRB) amalgamation, consolidating 26 RRBs into larger entities for efficiency.
The WAQF (Amendment) Act, 2025 introduces changes to definitions, registration, governance, and audit of waqf properties across India.
