RBI allows Regional Rural Banks to amortise pension liability over five years, starting FY 2024-25, with mandatory annual expense of 20% of total liability.
The government has amended Customs Notification No. 9/2012, allowing specific size and weight variances for imported diamonds. New limits apply from March 20, 2025.
PFRDA has issued regulations for the Unified Pension Scheme under NPS, applicable to Central Government employees from April 1, 2025.
CBDT allows data sharing with Delhi’s IT Dept. for social welfare scheme identification under Income Tax Act Section 138. Read the latest notification.
Chartered Accountants Association Surat advises members to use the “CA” prefix responsibly, ensuring compliance with professional ethics and ICAI guidelines.
The government extends Indian Potash Limited’s STE status for Urea imports until March 31, 2026, under revised foreign trade policy conditions.
RBI directs agency banks on government account closure for FY 2024-25, with extended deadlines for transactions and special clearing arrangements on March 31, 2025.
RBI permits Indo-Maldives trade settlements in Indian Rupees (INR) and Maldivian Rufiyaa (MVR) alongside the ACU mechanism, effective immediately.
RBI notifies regulated entities about UNSC’s amendments to ISIL & Al-Qaida sanctions list, ensuring compliance with Section 51A of UAPA, 1967.
IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publication in the official gazette.
