RBI proposes mandatory Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions. Public comments invited by March 10, 2025.
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 Mandatory in Kerala; voluntary EWB generation withdrawn elsewhere.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 […]
GST revenue growth in India for January 2025 shows steady increase in gross and net collections. Detailed breakdown of collections, refunds, and state-wise data.
SEBI extends suspension of trading in key commodity derivatives, including wheat and crude palm oil, until March 31, 2025, to regulate market volatility.
IBBI updates liquidation regulations, improving auctions, reporting, tax disclosures, and fund management. New rules enhance efficiency and transparency.
GSTN has introduced a biometric-based Aadhaar authentication process for GST registration applicants in Tamil Nadu and Himachal Pradesh, effective January 28, 2025. As per the amended Rule 8 of the CGST Rules, 2017, applicants are identified using data analysis and risk parameters. The process involves either OTP-based Aadhaar authentication or a visit to a GST […]
RBI to conduct a USD 5 billion USD/INR Buy/Sell swap auction on Jan 31, 2025, for a 6-month tenor to manage liquidity. Read details on eligibility and process.
