Bhaikaka University, Gujarat, is approved for scientific research under Section 35(1)(ii) of the Income Tax Act, 1961, effective from AY 2025-26 to 2029-30.
RBI revises FEMA regulations, modifying payment rules for Asian Clearing Union (ACU) members, excluding Nepal and Bhutan. Changes apply from the date of publication.
CBDT amends Income-Tax Rules, 1962, updating regulations for Infrastructure Debt Funds, including investment criteria, bond issuance, and borrowing rules.
RBI cuts Bank Rate to 6.50%, affecting penal interest on reserve shortfalls. New rates apply immediately as per the latest monetary policy update.
RBI cuts repo rate to 6.25%, impacting the Standing Liquidity Facility for Primary Dealers. New rate applies immediately as per the latest policy update.
RBI grants SEBI-registered non-bank brokers access to NDS-OM for government securities trading. Revised access criteria apply immediately.
RBI updates rules for trading government securities, gold-related securities, and money market instruments under the Securities Contracts Act.
Notification No. 14/2025 updates Form 49C submission rules for liaison offices under the Income-Tax Act. Filing deadline set to 8 months from the financial year-end.
RBI lowers the repo rate to 6.25% as per the February 2025 monetary policy. SDF and MSF rates adjusted to 6.00% and 6.50% respectively.
The Indian government revises import rules for vintage motor vehicles under Chapter 87 of ITC (HS) 2022 to align with the Central Motor Vehicles Rules, 1989.
