RBI amends Foreign Exchange Management Regulations, enabling Indian exporters to hold foreign currency accounts abroad for export realisations and import payments.
RBI amends FEMA Deposit Regulations, allowing SNRR accounts abroad and facilitating fund transfers between repatriable Rupee accounts for bona fide transactions.
CPRI, Bengaluru, approved as a ‘Research Association’ under section 35 of the Income-tax Act, 1961, for tax benefits from AY 2025-26 to 2029-30.
The DGFT has notified the updated Export Policy (Schedule-II) of ITC(HS) 2022, aligned with the Finance Act 2024, effective immediately.
Draft Legal Metrology (Government Approved Test Centre) Amendment Rules, 2025 published for stakeholder comments. Submit feedback by 10th February 2025 via provided emails.
SEBI grants AMC Repo Clearing Limited a one-year recognition renewal from January 17, 2025, to January 16, 2026, for clearing repo transactions in debt securities.
“Draft Legal Metrology Rules for Automatic Level Gauges open for stakeholder comments. Submit feedback by 06.02.2025 via email. Details on specifications included.”
Notification designates DGGI-Hq official as nodal officer under IGST Act Section 14A(3) per IT Act and Intermediary Guidelines. Effective January 6, 2025.
Government specifies IFSC units exempt from tax collection under Section 206C(1H) for eligible purchases. Details outlined for buyers and sellers.
The Environment Protection (End-of-Life Vehicles) Rules, 2025, detail vehicle recycling, centralized reporting, EPR obligations, and compliance standards starting April 1, 2025.
