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Ministry of Finance Grants Aadhaar Authentication Rights to Five More Reporting Entities under PMLA [Read Notification]

The Ministry of Finance has granted permission to five more reporting entities to conduct Aadhaar-based authentication under the Aadhaar Act, specifically for compliance with Section 11A of the...

Ministry of Finance Grants Aadhaar Authentication Rights to Five More Reporting Entities under PMLA [Read Notification]
Navasree A.M

New Rules Alert! 5 Big Shifts from May 1That Will Impact Your Home and Wallet

As May 2025 dawns, some important rule changes have taken place inIndia. These changes will have a direct bearing on family budgets, banking practices, and everyday conveniences. Here's a quick...

Cash Transaction - New Rules Alert - 5 Big Shifts from May 1 - taxscan
Navasree A.M

LEI and Its Impact on Corporate Tax Compliance & Financial Reporting in India

In a scenario where financial integrity and regulatory compliance are under intense scrutiny, businesses in India are navigating a landscape shaped by digital transformation and heightened...

Corporate Tax Compliance - Audit Trail - LEI
Taxscan Editorial

RBI Revises ATM Withdrawal Charges Effective May 2025: Here’s What You Should Know

The Reserve Bank of India (RBI) has announced an important change in ATM withdrawal charges that will start from May 1, 2025. This update is meant for all bank customers across the country. The RBI...

RBI Revises ATM Withdrawal Charges Effective May 2025: Here’s What You Should Know
Kavi Priya

RBI directs Banks to Shift to ".bank.in" Domains by October 31

In a strong push to make online banking safer and more trustworthy, the Reserve Bank of India (RBI) has asked all banks to switch their websites to a new and secure domain—‘.bank.in’—by October 31,...

RBI - Banks - Shift - bank.in - Domains - October 31 - taxscan
Manu Sharma

Google's FEMA Violation: Karnataka HC Directs Furnish 50% Bank Guarantee Against ₹5 Crore Penalty

The Karnataka High Court has directed Google India and three of its senior executives, requiring them to furnish bank guarantees and cover 50% of the fines levied by the Enforcement Directorate...

Google - FEMA - Violation - TAXSCAN
Navasree A.M

‘Accommodative’ RBI Monetary Policy Slashes Repo Rate by 25 bps: Borrowers to get Reduced Loan Rates Amid Trump Tariffs [Read Statement]

The Reserve Bank of India (RBI), in its first bi-monthly Monetary Policy Committee (MPC) meeting for FY 2025–26, announced a 25 basis points cut in the policy repo rate, bringing it down from 6.25%...

‘Accommodative’ RBI Monetary Policy Slashes Repo Rate by 25 bps: Borrowers to get Reduced Loan Rates Amid Trump Tariffs [Read Statement]
Avinash Kurungot

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