Statutory updates

Shrem InvIT Combination

Shrem InvIT proposes to acquire one hundred percent shareholding and loans of five target companies from APCO Infratech Private Limited and Chetak Enterprises Limited.

43/2024-Customs (NT) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Interest on Current Account - COB Directions Amendment

All IFSC Banking Units change interest terms for Current Accounts with immediate effect.

Master Circular on Submission of Returns, 2024

Telecommunication Consumers Education and Protection Fund Amendment Regulations

The Telecom Regulatory Authority of India has amended the Telecommunication Consumers Education and Protection Fund Regulations, 2007.

Re-import of Unsold Jewellery Exported for Exhibitions

Custom authorities allow the clearance of re-imported unsold jewellery without import licenses if exporters sent the items for exhibitions abroad under specific paragraphs of the…

Corrigendum to Notification No. 16/2024-25 on Quality Control Orders

The Directorate General of Foreign Trade corrects a reference in Notification No. 16/2024-25 dated 06.06.2024.

Corrigendum on Import Provisions for Inputs Subject to QCOs

The Directorate General of Foreign Trade corrects a paragraph reference in Public Notice Number 10/2024-25 dated 06th June, 2024.

Enlistment of PSIAs in terms of Para 2.52 (c) of HBP 2023 in Appendix-2G

Issuance of RCMC for Medical Devices

The Directorate General of Foreign Trade permits EEPC INDIA and other concerned export promotion councils to issue Registration-cum-Membership Certificates for medical devices.

Master Circular on Life Insurance Products

This Master Circular provides guidance on the IRDAI (Insurance Products) Regulations, 2024, applicable to all life insurers.

Exemption of Specified Income for Kerala Co-operative Deposit Guarantee Fund Board

The Central Government notifies the Kerala Co-operative Deposit Guarantee Fund Board for income tax exemption under clause (46) of section 10 of the Income-tax Act, 1961.

Import Policy Amendment for Chapter 71 ITC (HS) Codes

The Central Government amends the import policy for specific ITC (HS) codes under Chapter 71 of Schedule 1 of the ITC (HS) 2022.

BlackRock Funding Combination Approval

The Competition Commission of India approves the acquisition of 100 percent of the limited liability company interests in Global Infrastructure Management, LLC by BlackRock…

Kannada Film Chamber of Commerce vs Karnataka Film Chamber of Commerce

The Competition Commission of India closes an information case regarding alleged anti-competitive practices and boycott calls in the regional film industry.

Master Circular on General Insurance Business

Mitsubishi Corporation Combination Approval for TVS Mobility Entities

The Competition Commission of India approves the proposed combination involving the acquisition of equity stakes by Mitsubishi Corporation in TVS Certified Private Limited and TVS…

Appointment of Common Adjudicating Authority for M/s Tyco Safety Products India Pvt Ltd

The Central Board of Indirect Taxes and Customs appoints a common adjudicating authority to handle show cause notices for M/s Tyco Safety Products India Pvt Ltd.