New GST System features will notify taxpayers of ASP data access via OTP consent and allow viewing/revoking access for enhanced security.
Taxpayers can now file appeals (APL-01) on the GST Portal against rejected waiver applications (SPL-07). Exercise caution as withdrawals are not available.
Jane Street deposits INR 4,843.57 crore into an escrow account, complying with SEBI’s interim order; SEBI reviews request to lift restrictions.
RBI proposes draft directions to simplify EDPMS shipping bill closure for small-value exports, allowing reconciliation based on exporter declarations for bills up to INR 10,00,000.
RBI issues draft guidelines for novation of OTC derivative contracts. Stakeholders can submit comments by August 1, 2025. New rules replace 2013 directions.
IBBI introduces amendments to CIRP Regulations, enhancing disclosure of avoidance transactions in Information Memorandums and resolution plans for better transparency.
SEBI’s study highlights equity derivatives trading trends post-measures, showing reduced turnover and high individual losses, with new risk oversight rules.
India mandates Common Contract Note with Single VWAP from June 27, 2025, simplifying post-trade reporting and reducing compliance burden for market participants.
Shri Sunil Kadam takes charge as SEBI Executive Director, overseeing key departments including IT, investor assistance, and economic policy from July 1, 2025.
India’s GST revenue rose 6.2% in June 2025 to ₹1.84 lakh crore. Q1 FY26 collections grew 11.8%, with strong import growth and higher refunds year-on-year.
