The government amends Notification 27/2011-Customs to remove the 20% export duty on onions (HS 0703 10) starting April 1, 2025, ensuring public interest compliance.
RBI clarifies that Right-of-Use (ROU) assets from tangible leased assets need not be deducted from regulatory capital for NBFCs, HFCs, and other entities.
MSME investment and turnover limits revised. New thresholds apply from April 1, 2025, increasing eligibility for micro, small, and medium enterprises.
Govt introduces a ₹1,500 Cr scheme to promote low-value BHIM-UPI transactions for small merchants, ensuring seamless digital payments at no extra cost.
SEBI introduces amendments to Securities Contracts Regulations 2025, enabling stock exchanges to verify risk-return metrics under specific conditions.
SEBI introduces verification rules for investment advisers, research analysts, and algo providers, requiring claims to be validated by credit rating agencies.
SEBI introduces Past Risk and Return Verification Agency under amended credit rating regulations, effective upon publication in the Official Gazette.
RBI issues clarifications on financial statement disclosures for banks, covering deposits, advances, and repo transactions for FY 2025 and beyond.
RoDTEP support for exports by AAs, SEZs, and EOUs extended until Feb 5, 2025; eligibility ends thereafter. Other categories remain unaffected per prior notification.
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.