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.
CBIC invites proposals from CGST zones to reorganize territorial jurisdictions, aiming for a comprehensive assessment. Deadline for submission: March 31, 2025.
Finance Ministry specifies Power Finance Corporation Ltd.’s ten-year zero coupon bond with Rs. 49,546 discount, for Income-tax Act, 1961 purposes.
SEBI introduces amendments to Insider Trading Regulations 2025, refining definitions and disclosure requirements for improved market transparency.
India amends rice export policy, limiting inspection certificate requirement to specific European nations for six months.
DGFT extends Free import policy for Urad beans (ITC HS 07133110) to March 31, 2026, amending import policy conditions.
DGFT extends Free import period for Yellow Peas (ITC HS 07131010) to May 31, 2025, with no MIP or port restrictions, subject to online registration.