Income-tax (Fifth Amendment) Rules, 2025
The amendment modifies the Income-tax Rules, 1962, introducing changes to the compliance requirements for business trusts and securitisation trusts
Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Industry Standards for Material Disclosures:
The Industry Standards Forum (ISF), comprising ASSOCHAM, CII, and FICCI, in collaboration with stock exchanges and SEBI, has developed industry standards for implementing Regulation 30 of the LODR Regulations.
These standards aim to ensure uniform and effective disclosure of material events or information by listed entities.
Battery Waste Management Amendment Rules, 2025
Key Amendments to the Battery Waste Management Rules, 2022:
Exemption for Certain Packaging:
Packaging covered under Rule 26 of the Legal Metrology (Packaged Commodities) Rules, 2011 is exempted from specific labeling requirements.
Mandatory update of Form IX Nominee details by FBOs & auto-approval provision for Non-Form C modifications in FoSCoS
FSSAI has noticed that many Food Business Operators (FBOs) are not updating the details of their Form IX nominee, i.e., the person responsible for ensuring compliance with the conditions of the food business license. When this person changes or leaves the company, FBOs must inform the authorities, but many fail to do so. This leads to outdated records, making it difficult for regulatory authorities to monitor compliance effectively.
Revised SOP for Extension of Registration of Real Estate Projects
The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has issued a comprehensive revision to its Standard Operating Procedure (SOP) for the extension of registration of real estate projects. This updated SOP consolidates and supersedes all previous guidelines and circulars issued between 2019 and 2022.
Amendment in Earlier Notification in Respect of Effective Rates of Customs Duty and IGST for Goods Imported into India
The Central Government, exercising its powers under Section 25(1) of the Customs Act, 1962, and Section 3(12) of the Customs Tariff Act, 1975, has issued an amendment to Notification No. 50/2017-Customs (dated 30th June 2017). This notification provides various exemptions and tariff modifications for imported goods.
Enforcement of Andhra Pradesh Municipal Laws (Amendment) Act, 2024
The Government of Andhra Pradesh has officially notified December 19, 2024, as the effective date for the implementation of the Andhra Pradesh Municipal Laws (Amendment) Act, 2024 (Act No. 24 of 2024). This amendment brings changes to municipal administration and urban governance in the state.
Amendments to Warehousing Registration Rules Introduce ‘Administrator Warehouse Service Provider’
he Warehousing (Development and Regulation) Registration of Warehouses (Amendment) Rules, 2025 introduce the concept of Administrator Warehouse Service Provider (AWSP)—an entity or person appointed by the Authority under Rule 35 to manage or liquidate goods in specific cases.
Introduction of Digital Brand Identity Manual (DBIM)
The first Chief Information Officer (CIO) Conference brought together experts to discuss how to implement the DBIM and improve digital governance
Option to Allow Amendment during Final Assessment of Bill of Entry for Bulk Cargo
The EDI system has been updated to allow amendments in invoice value and quantity during the final assessment of bulk and liquid bulk cargo. Previously, only unit price amendments were permitted.