The Institute of Cost Accountants of India grants a final extension until March 31, 2026, for CoP holders to clear the mandatory CPE hour shortfall from 2024-25. Non-compliance will lead to CoP discontinuation.
DGFT extends the RoDTEP Scheme’s applicability for DTA, AA, SEZ, and EOU exports until March 31, 2026, maintaining existing rates under the budgetary allocation.
Finance Ministry Notification 43/2025 grants an exemption on Customs Duty, AIDC, and Health Cess for specified goods imported from Iceland, subject to strict adherence to Rules of Origin.
India grants customs, AIDC, and health cess exemptions on specified goods imported from Norway, effective with origin certification under trade rules.
New Customs Notification 41/2025 reduces duty, AIDC, and Health Cess rates on goods imported from Switzerland, effective October 1, 2025, subject to rules of origin.
Punjab notifies One Time Settlement Scheme 2025 for recovery of outstanding tax dues, applicable till Dec 31, 2025, excluding government food grain agencies.
RBI draft circular revises Intra-Group Transaction and Exposure (ITE) guidelines, linking limits to ‘eligible capital base’ and excluding certain branch exposures.
RBI released a draft circular amending the Large Exposures Framework (LEF) for foreign bank branches, removing intra-group exposure exemption and mandating gross calculation for Head Office transactions.
The RBI proposes new Gold Metal Loan (GML) Directions, effective April 2026. The rules consolidate framework, specify loan types, and set prudential guidelines for banks.
RBI issues draft amendments to Credit Information Reporting Directions, 2025, introducing weekly updates, CKYC reporting, and data quality standards.
