RBI removes the Board of New India Co-operative Bank, Mumbai, citing governance concerns. An Administrator and Advisory Committee appointed for 12 months.
New GST registration rules require biometric or Aadhaar authentication at GSK. Complete verification within 15 days to avoid ARN rejection.
Learn about SEBI’s Industry Standards Manual, outlining the formation, scope, and functioning of Industry Standards Forums to ease compliance with regulatory directives.
Dr. Bhushan Kumar Sinha takes charge as Whole Time Member of IBBI on Feb 11, 2025. He brings expertise in banking, finance, and economic policy reforms.
RBI proposes mandatory Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions. Public comments invited by March 10, 2025.
GST applicants in Maharashtra & Lakshadweep must complete biometric Aadhaar authentication & document verification at GST Suvidha Kendras for registration.
RBI announces policy updates on financial markets, cybersecurity, and payment systems, including forward contracts, AFA in cross-border transactions, and more.
GST advisory clarifies E-Way Bill rules for goods under Chapter 71, excluding HSN 7117. Mandatory in Kerala; voluntary EWB generation withdrawn elsewhere.
IBBI releases Phase 9 syllabus for Limited Insolvency Examination. Applicable from May 5, 2025, details available on the IBBI website.
The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency Resolution Process for Corporate Persons (CIRP) Regulations, effective immediately from February 3, 2025. The amendments focus on streamlining insolvency proceedings, particularly for real estate projects. Key changes include allowing resolution professionals to hand over property possession to homebuyers during the resolution process, appointing […]