The government introduced a time-bound export support scheme to counter rising freight and insurance costs due to geopolitical tensions. It provides enhanced risk coverage and reimbursements to ensure export continuity.
The notification removes Policy Condition No. 2(iii) from Chapter 95 of ITC (HS). This change alters the applicable import policy framework with immediate effect.
The amendments permit specified trusts to convert into LLPs with continuity of assets and liabilities. The key takeaway is simplified restructuring without disrupting operations.
The government amended monetary limits for ED officers handling FEMA cases. It allows broader jurisdiction to improve efficiency in adjudication of foreign exchange violations.
The notification grants scientific research approval enabling donors to claim tax deductions under Section 35. It mandates strict compliance with reporting and certification requirements.
The government has changed the import policy of specific studded silver jewellery items from Free to Restricted. Importers must now obtain authorization for these products.
SEBI now requires draft abridged prospectuses and QR code-linked disclosures in IPO documents. The move enhances investor access to key information and improves transparency.
The corrigendum addresses an incorrect naming in the previous notification. It substitutes the correct title without changing the substance of the rules.
Banks holding currency chests were instructed to function normally on March 31, 2026, despite the holiday. The directive supports timely settlement of government transactions before the financial year closes.
The RBI directed rural co-operative banks to disclose timely payment or arrears of DICGC insurance premiums in their annual reports. The amendment strengthens transparency in financial reporting.
