CBDT amends Income-Tax Rules, 1962, defining conditions for venture funds, finance companies, and retail schemes in IFSCs under Sections 10 and 94B of the IT Act.
Unified Pension Scheme under NPS offers assured payouts to Central Government employees, effective April 1, 2025, with flexible contributions and family benefits.
India updates Glufosinate import rules, restricting imports below Rs. 1289/kg and allowing free imports above this value. Effective until January 2026.
Amendment to NDPS Order 2013 includes new substances in Schedules B & C for stricter regulation under the NDPS Act, 1985. Effective January 23, 2025.
Learn about ICAI’s Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs with practicing Chartered Accountants.
ICAI introduces guidelines for the merger and demerger of CA firms, focusing on processes, documentation, and conditions for firms wishing to merge or demerge.
New Diamond Imprest Authorisation scheme by DGFT supports diamond exports. Eligibility, duties exempted, and export obligations explained. Effective 01.04.2025.
Income-tax Amendment Rules 2025 defines tax provisions for non-resident cruise operators under Section 44BBC, detailing conditions for ship operations in India.
Revised export quotas for Agarwood chips, powder, and agar oil under DGFT notification. Annual limits increased for 2024-27 with strict compliance requirements.
RBI revises guidelines for ARCs on borrower dues settlement, emphasizing policy frameworks, valuation, and Independent Advisory Committee oversight for transparent resolutions.
