Master Direction – Export of Goods and Services

The Reserve Bank of India (RBI) has issued a consolidated Master Direction on the export of goods and services from India, covering the legal framework, regulatory provisions, and operational guidelines. Export from India is governed under Section 7 of FEMA, 1999, read with relevant notifications, which are periodically amended through official notifications to incorporate regulatory changes.

Amendment to Bihar RERA (General) Regulations, 2024 on Extension & Late Charges

Bihar Real Estate Regulatory Authority has amended key provisions under the Bihar RERA (General) Regulations, 2024 to rationalise and standardise additional and late charges related to project registration extensions. These amendments aim to bring uniformity, fairness, and clarity in financial disclosures and penalty structures.

Relaxation in Charges for Pending Extension Applications under Bihar RERA

To ease the process of doing business and ensure smoother compliance for real estate promoters, Bihar Real Estate Regulatory Authority (Bihar RERA) has taken a series of decisions related to pending and rejected applications for extension of project registrations, especially those impacted by the implementation of the Bihar RERA (General) Regulations, 2024.

TNRERA Mandates Additional 20% Deposit for Project Extension Beyond One Year

In response to persistent delays in project completions, the Tamil Nadu Real Estate Regulatory Authority (TNRERA) has taken a significant step to protect the interests of allottees. During its 29th Authority meeting held on July 17, 2025, TNRERA observed that inadequate funds in the project account was a major factor contributing to such delays.

Schedule A Demo