RBI releases directions on digital payment authentication, mandating two-factor security, risk checks, and cross-border transaction safeguards by April 2026.
: The Department of Posts circular details key clarifications on the Unified Pension Scheme (UPS), including a one-time switch option, gratuity, tax exemptions, and a migration deadline extension to Sept 30, 2025.
Ministry of Finance Notification No. 40/2025-Customs amends the 50/2017 notification, extending the expiry dates for provisions under S. Nos. 598, 601, 602, and 603 from 2025 to 2027. Changes are effective September 30, 2025.
The DGFT amended the import policy for specific silver jewellery (ITC HS codes 71131141 & 71131149) from Free to Restricted, effective Sept 24, 2025, until Mar 31, 2026.
DGFT allows the export of 2G ethanol produced from non-food cellulosic materials like agricultural residue and wood biomass, subject to valid export authorization and feedstock certification. This ensures low CO2 emissions and prevents competition with food crops.
DGFT updates SCOMET List in ITC(HS) 2022 under Export Policy. The revised list will take effect 30 days from 23 Sept 2025, aligning with global regimes.
MCA notification dated 22 Sept 2025 revises appointments to the Quality Review Board under the Company Secretaries Act, replacing earlier entries with new members.
The Ministry of Finance grants income tax exemption to the High Court Legal Services Committee in Chandigarh on specific income, including grants and interest.
The Ministry of Finance grants income tax exemption to Rajasthan’s Real Estate Regulatory Authority for specific incomes under the Income-tax Act, 1961
IFSCA seeks public comments on a draft circular outlining new compliance requirements for internet banking services offered by IFSC Banking Units, effective by March 2026.
