RBI directs agency banks to stay open on March 31, 2025, for government transactions, ensuring financial year-end payments and receipts are processed on time.
RBI updates FEMA regulations, revising payment rules for ACU member countries. The amendment affects foreign exchange transactions and authorized dealers.
SEBI introduces Investor Charter Amendment 2025, mandating compliance across financial intermediaries, including stock brokers, mutual funds, and investment advisors.
SEBI mandates stock exchanges and clearing corporations to ensure data security, compliance, and accountability when using AI and machine learning tools.
SEBI introduces AI usage regulations for intermediaries, ensuring data security, compliance, and accountability under the amended SEBI (Intermediaries) Regulations, 2025.
SEBI updates depository fee rules, introduces penalties for late payments, and mandates AI accountability for investor data security and compliance.
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.
The Indian government has amended the export policy of raw human hair, changing its status from ‘Restricted’ to ‘Prohibited,’ with exceptions for high-value exports.
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.
Maharashtra establishes GST Suvidha Kendra for Aadhaar-based biometric authentication and document verification for new GST registration applications.