The Delhi government allows registered taxpayers to rectify GST orders where previously denied ITC is now eligible under section 16(5) or 16(6). The process ensures claims are submitted electronically with proper verification.
SEBI allows SWAGAT-FIs to pay renewal fees every ten years and removes standard investment caps. The amendment is designed to encourage long-term foreign venture capital investment in India.
SEBI amends FPI Regulations to create Single Window Automatic and Generalised Access for Trusted Foreign Investors, simplifying registration and participation requirements.
Several unmanufactured and stemmed tobacco varieties are assigned a 70% rate under the amended schedule. The updated structure consolidates rates across product types for clarity and consistency.
MCA notifies higher financial limits for defining small companies, increasing the paid-up capital cap to ₹10 crore and turnover cap to ₹100 crore. The amendment broadens eligibility and simplifies compliance for more businesses.
Bill outlines a capacity-based cess on machines and processes used to manufacture specified goods, with revenue aimed at national security and public health. It details compliance, verification, enforcement, and appeals mechanisms.
The Bill updates the Manipur GST Act to mirror amendments made to the Central GST Act through the Finance Act, 2025. It ensures uniformity across GST laws and replaces the earlier Ordinance.
The RBI introduces a detailed compliance framework for Payments Banks undertaking financial services. The update reinforces customer protection, risk controls, and strict limits on agency and referral activities.
RBI introduces a comprehensive governance rulebook strengthening board structure, director eligibility, risk oversight, and compliance standards for Payments Banks. The framework enhances accountability and reduces governance risks.
RBI issued detailed 2025 Directions mandating stricter CRR and SLR maintenance, updated NDTL computation, and enhanced reporting duties for Payments Banks. The framework reinforces liquidity discipline and imposes penalties for non-compliance.