Extension in Import Period for Yellow Peas
The Central Government has extended the import policy conditions for Yellow Peas under ITC(HS) Code 07131010
Imposition of Quantitative Restriction on Import of Low Ash Metallurgical Coke
The import of low ash metallurgical coke has been placed under “Restriction” in accordance with the country-wise Quantitative Restrictions (QR)
Enlistment of PSIAs and Addition of Area of Operation of PSIAs
Nine (09) agencies have been designated as PSIAs. Additionally, the areas of operation and instruments for six (06) existing PSIAs have been notified
Revised Operational Guidelines of AMI Scheme
Government of India has issued Revised Operational Guidelines for the AMI Sub-scheme of ISAM.
Review of IFSCA (Fund Management) Regulations, 2022
On 19th December 2024, the 42nd IFSCA Authority Board meeting approved the review of the IFSCA
Guidelines on Setting Up and Operation of International Trade Finance Service Platform
The circular outlines revised guidelines for the establishment and operation of the International Trade Finance Service Platform under the IFSCA
Framework for Responsible and Ethical Enablement (FREE) of Artificial Intelligence(AI) in the Financial Sector
The RBI has announced the formation of a committee to develop a framework for the responsible and ethical use of AI in the financial sector.
Unified Payments Interface (UPI) access for Prepaid Payment Instruments (PPIs)through third-party applications
The RBI has revised its guidelines to enable UPI payments from full-KYC PPIs through third-party UPI applications
Income Tax Exemption for Specified Income of Central Silk Board, Bengaluru
The Central Government notifies the Central Silk Board, Bengaluru (PAN: AAALC0093M), under Section 10(46)
Reporting Platform for Transactions Undertaken to Hedge Price Risk of Gold
RBI mandates reporting of all over-the-counter (OTC) gold derivative transactions by banks and their customers to CCIL’s trade repository
