RBI’s new PCA Framework for Urban Co-operative Banks (UCBs), effective April 2025, revises supervisory actions. Key changes and impact on UCBs detailed.
RBI revises loan ceiling for Urban Co-operative Banks against shares and debentures to be based on Tier I capital, effective January 1, 2025.
Read about RBI’s updated guidelines on small value loans for Urban Co-operative Banks (UCBs) extending compliance deadlines to 2026.
SEBIs new amendment to the Prohibition of Insider Trading Regulations 2022 will come into force on November 1, 2024, enhancing regulatory compliance and transparency.
Explore Notification No. 96/2024 by the Ministry of Finance, detailing income specifics for SAMEER Mumbai under Income Tax Act Clause 46 Section 10. Effective from 2021-2026.
Notification 95/2024 exempts Himachal Pradesh State Load Despatch Centre specified income from tax, effective for AY 2021-2024, with specific conditions.
Explore Income Tax Notification No. 94/2024 dated 24th July, 2024, detailing tax exemptions for Punjab Skill Development Mission Society under Income-tax Act, 1961.
Notification No. 39/2024-Customs amends No. 45/2017-Customs to extend re-import period from 3 to 5 years, effective from 24th July 2024.
Government of India amends 32 Customs notifications and extends the re-export period for certain foreign-origin goods under Notification No. 38/2024.
Notification No. 37/2024-Customs revises export duties on raw hides, skins, and leather, effective from 24th July 2024. Updated rates for various categories.
