Cadre restructuring: Sub-committee formed to revise IRS recruitment rules and deliver time bound recommendations.
A Sub-committee is constituted to revise and consolidate IRS Recruitment Rules to align with Cadre Restructuring, recommend rules for new scales/posts, assist in expediting amendments, create Working Groups and co-opt members as needed, coordinate with DGIT/CCIT CCA and implementation committees, submit an interim methodology report within two weeks and complete its work within three months, with the Directorate of HRD at New Delhi acting as Secretariat to provide coordination, data and specialist inputs.

Cadre restructuring: Sub committee to revise Recruitment Rules for Group B/C, examine post mergers, and report within set timeframe.
A Sub committee is constituted to implement Cadre Restructuring by reviewing and recommending amendments to Recruitment Rules for Group B and C cadres, including examination of post mergers and promotion channel changes, addressing regional recruitment/promotion problems, forming Working Groups, co opting specialists, and submitting an Interim Report within two weeks and a final report within a three month timeframe through the Core Committee to the Board.

Cadre restructuring implementation: Sub-committee established to manage Group B/C recruitment, training and vacancy filling, reporting to Core Committee.
A Sub-committee is constituted to implement Cadre Restructuring for the Income-tax Department, tasked with overseeing direct recruitment to Group B and C posts, preparing and implementing a training plan for new recruits in consultation with training institutions, and recommending methodology and timeframes for filling promotion-quota vacancies. The Chairman may form Working Groups, co-opt members, coordinate with CCIT CCA/DGIT regions and stakeholders, and conduct primary communications electronically. The Sub-committee must submit an interim report within two weeks, complete work within three months, and submit reports to the Core Committee; the Directorate of HRD will provide secretariat and support.

Cadre restructuring implementation directs formation of Sub committee to restructure directorates and recommend staffing and seniority changes.
A Sub committee on Restructuring of Directorates is constituted to implement cadre restructuring by recommending establishment of new directorates, allocation of posts and manpower, and inter se seniority arrangements after cadre mergers. Chaired by a senior officer with Addl DIT HRD as Member Secretary, the Sub committee may form Working Groups, obtain inputs from DGsIT and stakeholders, coordinate with CCIT/CCA Implementation Committees, and use electronic means for communication. It must submit an interim methodology report within two weeks, provide periodic status reports, and complete its work within three months, with HRD Directorate acting as Secretariat.

Cadre restructuring DPCs: sub committee established to expedite promotions, vacancy analysis and time bound reporting and clearances.
A Sub committee on Departmental Promotion Committees (DPCs) is constituted to implement cadre restructuring, with specified chair, members and a DDIT HRD Member Secretary. Its responsibilities include ensuring early DPCs, vacancy analysis, panel preparation, obtaining clearances, completion of ACRs/APARs, scheduling and follow up of DPC dates, and coordination with CCIT CCAs. The Chairman may form Working Groups for specific grade promotions, co opt members, and use electronic communications. Directorate of HRD, New Delhi will serve as Secretariat. The Sub committee must submit an interim report within two weeks and complete its work within three months, reporting via the Core Committee to the Board.

Cadre Restructuring: Sub-committee to recommend jurisdiction and deployment of posts and deliver time-bound reports.
Sub-committee No.1 on Jurisdiction and Deployment of Posts shall recommend office locations, jurisdictional boundaries and deployment of additional posts to balance operational requirements, minimise displacement, maximise taxpayer and staff convenience, and consider revenue potential; it may form Working Groups, coordinate with CCIT CCA/DGIT and stakeholders, prepare an Interim Report within two weeks on methodology and timetable, submit periodic status reports, and complete its work within the prescribed three month timeframe with Directorate of HRD functioning as Secretariat.

Designation of Central Public Information Officers establishes named CPIOs and first appellate authorities for HRD divisions, effective immediately.
Designation of Central Public Information Officers and First Appellate Authority is effected for the Directorate of Income Tax (Human Resource Development), superseding prior orders. Specific officers are named as CPIOs with corresponding first appellate authorities for each division (Cadre Management; Performance Management and Administration; Training & Capacity Building). The designations are effective immediately and continue until further orders, establishing the internal points for handling information requests and first level RTI appeals.

Registration certificate requirement limited to exports of non-basmati rice and wheat to Bangladesh and Nepal via non-EDI land crossings.
Registration certificates are required for exports of non-basmati rice and wheat only when exported to Bangladesh and Nepal through non-EDI Land Custom Stations; such RCs must be obtained by online application from DGFT Regional Authorities (Kolkata and Patna), and will be issued through the DGFT online system, with no change in policy for other destinations.

Foreign Contribution regulation: Banks must use single designated accounts and report foreign remittances promptly to authorities.
Banks must ensure that registered persons receive foreign contribution only in a single designated account through specified bank branches and that no other funds are deposited therein. Banks and authorised persons in foreign exchange are required to report prescribed particulars of foreign remittances, including source, manner and other details, to the specified authority in the prescribed form and manner; banks must also report within thirty days any receipt by an unregistered person who required registration or any large receipt as specified by the Rules.

VAT protection requirement: procure from suppliers issuing local invoices and delivering from Delhi, with prior finance approval for exceptions.
All departments and local bodies must procure goods and works contracts from suppliers or authorised distributors who issue sale invoices and deliver goods from within Delhi to secure VAT revenue. Departures are permitted only if a contemplated net loss to the GNCTD is shown, in which case departments must obtain prior approval of the Finance Department before purchasing against out-of-Delhi invoices.

Brokerage payment rules: no TDS on broker fees and mandated settlement and reimbursement procedures for relief and savings bonds subscriptions.
The circular mandates broker enrolment on business letterhead with code allocation by agency banks, assigns agency banks responsibility for appointed sub-agents and permits delisting of dormant brokers after notice. It prescribes a flat brokerage payable to registered brokers for Bond Ledger Account investments, disallows brokerage when the broker is an investor, and states that no tax is to be deducted at source on such brokerage. Agency banks must promptly settle brokerage claims and may use ECS for monthly payments; reimbursement is centrally processed with interim and final settlement tied to reporting.

Nomination for Relief/Savings Bonds: appointing competent nominees secures entitlement and payment transmission on investor death.
Nomination for Relief and Savings Bonds permits a sole holder or all joint holders to appoint one or more competent persons to receive the bond and payments on the holder(s)' death, subject to making the nomination before maturity; surviving nominees succeed if others die. Nominations may be varied or cancelled by fresh nomination and notice to the designated branch; minors may have a non minor appointed to receive proceeds; separate nominations may be made per Bond Ledger Account; agency banks must acknowledge nominations; nominations are barred where the BLA is held by an adult for a minor or held in a fiduciary capacity; a nomination cancels upon registered substitution/cancellation or transfer of the certificate.

Deregulation of interest rates: banks may fix deposit rates but must ensure transparency and non-discrimination.
Consolidates RBI directives on interest rates, tenors, calculation, disclosure and operational rules for Domestic, NRO and NRE rupee deposits. Banks are free to fix savings and specified term deposit rates with Board/ALCO approval, subject to non-discrimination, disclosure and the constraint that rates on NRE/NRO deposits not exceed those on comparable domestic rupee deposits. The circular prescribes minimum tenors, permitted additional interest concessions, rules for premature withdrawal, conversion, renewal, advances against deposits, rounding, issuance of term deposit receipts, Basic Savings Bank Deposit Account features, and prohibitions on certain inducements and discriminatory practices.

Re-import of pets as baggage allowed subject to identity verification, health certificate and quarantine inspection requirements.
Re-import of pets as baggage is allowed only upon establishment of the pet's identity by Customs, production of the required health certificate from the country of export, and examination of the animal by the concerned Quarantine Officer at arrival; this re-import is not covered by Circular No. 15/2013 and Customs formations must issue Trade/Public Notices and standing orders to guide field officers, reporting any difficulties to the Board.

Foreign direct investment rules: consolidated instruments, pricing, payment routes and mandatory reporting obligations for non-resident investors.
Consolidated RBI regulatory framework under FEMA prescribes scope, entry routes (Automatic/Government), eligible non-resident investors, permissible instruments for FDI, pricing and valuation norms (SEBI or DCF), payment modes (inward remittance, NRE/FCNR debit, conversions, escrow), timelines (shares to be issued within 180 days or refund), sectoral caps and prohibited sectors, modes of investment (fresh issue, transfers, ESOPs, ADR/GDR, ECB conversion), and detailed reporting and compliance obligations via prescribed forms and AD bank certifications.

Export regulation compliance: AD Category I banks must ensure documentation, repatriation and forex account controls for exports.
Export of goods and services is regulated under RBI's Export Regulations with operational responsibility on AD Category - I banks to ensure compliance with declaration forms (GR, SDF, PP, SOFTEX), verification of shipping/customs documents, reporting to the Reserve Bank, timely realisation and repatriation of export proceeds, and adherence to procedures for advance payments, foreign currency accounts (EEFC, DDA), online payment gateway NOSTRO arrangements, and remedies including extension of time and prescribed write off processes.

Advance remittance and documentary evidence rules govern bank obligations for import payments and due diligence compliance.
AD Category I banks must ensure imports comply with the Foreign Trade Policy and FEMA rules, apply standard documentary credit practices, perform KYC/AML due diligence, and obtain prescribed import evidence. Advance remittances for goods and services are permitted without an absolute ceiling but require bank guarantees or standby letters of credit for higher exposures, with sectoral relaxations and reporting obligations. Imports of precious metals and stones carry specific cash margin, usance and documentation controls, and banks must follow up and report defaults in submission of import evidence to the Reserve Bank.

External Commercial Borrowings rules: framework for eligible borrowers, recognised lenders, maturities, end uses and cost ceilings governing cross border corporate borrowing.
The Master Circular sets out the consolidated framework for External Commercial Borrowings, specifying the Automatic and Approval routes, categories of eligible borrowers and recognised lenders, minimum average maturities and corresponding all in cost ceilings, permitted and prohibited end uses, security and guarantee conditions, procedures for Loan Registration Numbers, reporting obligations for Authorised Dealer banks, and special schemes for FCCBs, FCEBs, take out finance, spectrum refinance and low cost affordable housing, with primary compliance responsibility on borrowers and delegated procedural powers to AD Category I banks.

Overseas direct investment rules permit resident entities to invest abroad under automatic or approval routes with compliance and reporting.
Resident Indian parties may make overseas direct investments in JVs and WOS either under the Automatic Route or with prior Reserve Bank Approval; the framework prescribes the components to be reckoned as financial commitment, eligible funding sources, sectoral and activity-based prohibitions, valuation and reporting requirements, special conditions for financial sector investments, rules for guarantees and pledges, processes for transfers and write-offs, hedging permissions, and operational reporting through a designated authorised dealer branch with allotment and use of a Unique Identification Number.

KYC and AML obligations govern money changing authorisations, requiring licensing, due diligence, transaction monitoring and FIU reporting.
The Master Circular consolidates a regulatory framework for money changing activities under FEMA, 1999 requiring companies to meet licensing criteria for FFMC status, including minimum Net Owned Funds, auditor certification, banker's confidential report and declarations on enforcement proceedings. It mandates Reserve Bank approval for branches and franchisees, prescribes operational rules for purchase/sale and settlement of foreign currency, detailed recordkeeping and periodic reporting, and imposes board approved KYC/AML/CFT obligations including beneficial owner identification, transaction monitoring, appointment of a Principal Officer, and CTR/STR reporting to FIU IND.