Statutory updates

Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

Facility for Exchange of Notes and Coins Master Direction

All bank branches must provide customer services to issue fresh notes and coins, exchange defective notes, and accept cash from the public without discrimination.

Master Direction on Counterfeit Notes, 2025

Banks must detect, impound, and report counterfeit notes under revised guidelines issued by the Reserve Bank of India.

Master Direction on Penal Provisions in Currency Chest Reporting

All banks operating currency chests must report all transactions through the CyM-CC portal on the same day by 7 pm.

Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public

Press Note No. 1 (2025 Series)

Export of Essential Commodities to Maldives for 2025-26

The Central Government permits the export of specific essential commodities to the Republic of Maldives for the financial year 2025-26 under a bilateral trade agreement.

CBDT Signs 174 Advance Pricing Agreements in FY 2024-25

The Central Board of Direct Taxes signs 174 Advance Pricing Agreements with Indian taxpayers during the 2024-25 financial year.

113th EPFO Executive Committee meeting reviews progress in implementation of claim settlement through UPI, CITES 2.01 system upgrades and processing of applications for Pension on Higher Wages

Procedure for Import and Export through Personal Carriage

The Central Board of Indirect Taxes and Customs introduces electronic processing and harmonized procedures for the import and export of gems, jewellery, and machinery samples or…

Sea Cargo Manifest and Transhipment Regulations Implementation Extension

The Central Board of Indirect Taxes and Customs extends the transitional provisions for the Sea Cargo Manifest and Transhipment Regulations until 31.05.2025 as a last facilitation…

Tariff Value Fixation for Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

The Central Board of Indirect Taxes and Customs amends the tariff values for specific edible oils, brass scrap, gold, and silver.

Postal Imports Regulations, 2025

The Central Board of Indirect Taxes and Customs establishes the Postal Imports Regulations, 2025 for the assessment and clearance of goods imported through notified Foreign Post…

Appointment of Common Adjudicating Authority for Vikas Vilas Kadam and Others

The Central Board of Indirect Taxes and Customs appoints a common adjudicating authority to process specific show cause notices for Vikas Vilas Kadam and other noticees.

20/2025-Customs (N.T) : Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2025

21/2025-Customs : Seeks to amend notification no. 22/2022-Customs to notify the fourth tranche of tariff concessions under India-UAE CEPA.

22/2025-Customs : Seeks to amend notification no. 25/2021-Customs to notify the fifth tranche of tariff concessions under India-Mauritius CECPA.

Amendment in ANF-4J for Diamond Imprest Authorisation

The Directorate General of Foreign Trade amends the declarations of ANF-4J for the issuance of Diamond Imprest Authorisation under the Handbook of Procedures 2023.