Statutory updates

Registration on FIU-IND FINNET 2.0 Portal for Regulated Entities

All regulated entities in GIFT-IFSC must immediately complete their registration on the FIU-IND FINNET 2.0 portal to comply with anti-money laundering guidelines and rules.

Registration on FIU-IND FINNET 2.0 Portal

All regulated entities must complete their registration on the FIU-IND FINNET 2.0 portal for compliance with anti-money laundering guidelines.

Telecommunication Mobile Number Portability (Ninth Amendment) Regulations, 2024

The Telecom Regulatory Authority of India has amended the Telecommunication Mobile Number Portability Regulations, 2009, to curb fraudulent mobile number porting.

Approval of IIT Kharagpur for Scientific Research under Section 35

The Central Government approves Indian Institute of Technology, Kharagpur under the category of University, college or other institution for Scientific Research.

Approval of Sardar Vallabhbhai National Institute of Technology for Scientific Research

The Central Government approves Sardar Vallabhbhai National Institute of Technology under the category of University, college or other institution for Scientific Research.

Approval of National Forensic Sciences University for Scientific Research

The Central Government approves National Forensic Sciences University under the category of University, college or other institution for Scientific Research.

Amendment to Chapter 90 Tariff Items in Customs Tariff Act

The Central Government amends the First Schedule to the Customs Tariff Act, 1975 to set the import duty entry to 15 percent for specific goods.

Customs BCD Rate Amendment for Medical X-Ray Machine Parts

The Central Government amends Notification No. 50/2017-Customs to change the Basic Customs Duty rate on specified parts of medical X-ray machines.

Amalgamation of Garagepreneurs Internet and North East Small Finance Bank

The Competition Commission of India approves the composite scheme of amalgamation involving Garagepreneurs Internet Private Limited, Quadrillion Finance Private Limited…

TPG Growth V, Waverly, and Asia Healthcare Holdings Combination

The Competition Commission of India approves the combination involving the acquisition of fresh Redeemable Preference Shares in Asia Healthcare Holdings Pte.

Amendment to Notification No. 12/97-Customs (N.T.) for ICD Bihta

The Central Board of Indirect Taxes and Customs amends Notification No. 12/97-Customs (N.T.) to designate Bihta in Bihar as a place for unloading imported goods and loading export…

Manohar Rawat And Laerdal Medical Private Limited & Others

Rekha Oberoi & Others And MGF Development Ltd. & Others

Extension of RoDTEP support to exports by AA and EOU

The Central Government amends Notification No. 24/2023-Customs (N.T.) to extend the Remission of Duties and Taxes on Exported Products scheme to exports under Advance…

Amendment in export Policy of Human Biological Samples under Chapter-30 of ITC HS schedule-2 of export policy.

Clarifications for Sovereign Wealth Funds on FMEs and Schemes

The International Financial Services Centres Authority issues clarifications for Sovereign Wealth Funds that set up Fund Management Entities and schemes in IFSCs.

Import of Inputs Subject to Quality Control Orders for Export Products

The Directorate General of Foreign Trade updates the list of ministries and departments whose mandatory Quality Control Order notifications are exempted for inputs imported to…

QCO Exemption for Advance Authorisation, EOU, and SEZ Imports

Advance Authorisation holders, Export Oriented Units, and Special Economic Zones units may import inputs without mandatory Quality Control Orders for physical export production.