Details of the Lok Sabha Select Committee’s sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence sessions by ICAI, EY, FICCI, and CII.
The Competition Commission of India (CCI) notifies new regulations for recovering monetary penalties, detailing procedures for demand notices, refunds, and enforcement.
The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.
RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from April 1, 2025.
CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, impacting Forms 10IH, 64A-F, for streamlined reporting.
The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning requirements.
Passports (Amendment) Rules, 2025, update proof of date of birth requirements for passport applications, effective from 24th February, 2025
IRDAI mandates a 4% obligatory cession to GIC Re for 2025-26, excluding terrorism and nuclear risks. Learn about commission rates and profit-sharing terms.
RBI releases Directions 2025 for forward contracts in government securities, applicable from May 2, 2025, outlining eligibility, settlement, and market regulations.
The Ministry of Finance issues Notification 15/2025-Customs, amending Notification 50/2017. Changes impact S.No. 551 and 555, effective immediately.
