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Import of Synthetic Knitted Fabrics ‘Free’ if CIF Value is $3.5 or Above per Kg: DGFT

April 23, 2025 2289 Views 0 comment Print

DGFT notifies extension of Minimum Import Price (MIP) on specific synthetic knitted fabrics until March 31, 2026. Exemptions apply for certain exporters.

RBI Directs Banks to Migrate to ‘.bank.in’ Domain

April 22, 2025 2499 Views 0 comment Print

RBI asks all banks to shift to ‘.bank.in’ domain by Oct 31, 2025, to boost cybersecurity and reduce fraud risks in digital banking.

SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2025

April 22, 2025 2577 Views 0 comment Print

SEBI updates REIT regulations, including new rules for common infrastructure, SM REIT offerings, and investment conditions, effective upon publication.

Notification u/s 10(46A) of Income Tax Act in case of National Mission for Clean Ganga

April 22, 2025 1305 Views 0 comment Print

The Central Government notifies the National Mission for Clean Ganga as exempt from income tax under Section 10(46A), effective AY 2024-25.

CBDT notifies 10 new items on which TCS needs to be collected

April 22, 2025 21975 Views 1 comment Print

The Central Board of Direct Taxes notifies tax collection at source on the sale of certain goods exceeding 竄ケ10 lakh, effective upon official publication.

CBDT amends form No. 27EQ and added 10 new items for TCS Reporting

April 22, 2025 3777 Views 0 comment Print

Latest income tax rule changes effective April 2025. Form 27EQ updated with new categories for tax collection at source on various goods.

SEBI (Credit Rating Agencies) (Second Amendment) Regulations, 2025

April 22, 2025 1659 Views 0 comment Print

SEBI notifies amendments to Credit Rating Agency Regulations, focusing on ESG rating providers with subscriber-pays model requirements.

MCA imposes penalty for delay in filing SBO declaration (BEN-1)

April 21, 2025 3045 Views 0 comment Print

Hankook Latex Pvt Ltd penalized for delay in filing SBO disclosures under Section 90 of Companies Act, 2013. MCA imposes fines on key directors.

Basel III: LCR Review of HQLA Haircuts and Deposit Run-off Rates

April 21, 2025 3246 Views 0 comment Print

RBI updates Liquidity Coverage Ratio (LCR) for banks, changing run-off rates for digital retail deposits and non-financial entities, effective April 2026.

RBI Guidelines: Opening of & operation in deposit accounts of minors

April 21, 2025 7614 Views 0 comment Print

RBI revises rules for minor bank accounts (savings & term deposits). Independent operation for those above 10, guardian options, and KYC norms.

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