Advance Authorization registration clarified: bond and BG conditions, one-time bond option, and EDI registration requirements for importers.
Registration at the DEEC Monitoring Cell requires physical submission of the Advance Authorization and documents; the DMC examines prior pendency and enters accepted authorisations in the EDI system. The notice permits a one-time bond per authorization for future imports at the port with joint liability for co-licensees, two-copy execution with debit sheets, system entry and debits at clearance, and production of the debited bond copy at out-of-charge. For pre-export authorisations, Bond/BG scrutiny and EDI acceptance jobs are generated, and BG exemptions are decided expeditiously by supervisory officers.

Hedging of foreign currency borrowings permitted with MFIs/IFIs under back-to-back FCY-INR swaps, subject to reporting and safeguards.
Permits residents with long-term foreign currency borrowings to enter into FCY-INR swaps with MFIs/IFIs in which the Government of India is a shareholder, provided swaps are undertaken on a back-to-back basis with AD Category-I banks, limited to such MFIs/IFIs, comply with existing FCY-INR swap operational guidelines, have a minimum tenor of three years, require the MFI/IFI to bring foreign currency funds in event of borrower default, and mandate AD Category-I banks to report transactions and borrower details on the CCIL reporting platform.

SOFTEX filing liberalisation permits all software exporters to file single and bulk electronic SOFTEX forms for certification.
All software exporters may generate and file single and bulk SOFTEX forms in Excel for certification; STPI/SEZ retain one certified copy and return the duplicate to the exporter. Exporters must obtain SOFTEX numbers via the RBI website, submit certified forms to the competent authority and then to the Authorised Dealer, and comply with transmission and certification procedures under the Foreign Exchange Management Act, 1999.

Switch to normal trade: Indo Myanmar border transactions to be settled in permitted currencies under FEMA.
The Reserve Bank directs termination of the barter system at the Indo Myanmar border and mandates switching to normal trade from December 1, 2015, requiring all trade with Myanmar to be settled in any permitted currency or via the Asian Clearing Union mechanism, withdraws the prior barter trade circular, instructs Authorised Dealers to inform constituents, and issues the directions under the Foreign Exchange Management Act subject to other statutory permissions.

Special Currency Basket valuation revised, requiring authorized dealer banks to apply updated rupee conversion and notify constituents.
The Reserve Bank revised the Rupee value of the Special Currency Basket for application under the Deferred Payment Protocols and fixed a new rupee valuation effective from a specified date; AD Category I banks are required to apply the revised valuation and notify their constituents. The circular's directions are issued under sections 10(4) and 11(1) of FEMA and are without prejudice to other statutory permissions.

Two way fungibility of IDRs required with prescribed procedures, disclosure of headroom, and structured conversion windows.
Listed issuers of IDRs must file a specified quarterly holding pattern disclosing distribution of IDR holders and underlying equity represented, and must disclose on their website. Issuers must provide comparative corporate governance analysis for home and other listing jurisdictions using SEBI formats. Two way fungibility between IDRs and underlying shares is required subject to available headroom and procedural rules governing timing, fungibility windows, proportional allocation, retail reservation, disclosure of headroom and conversion transactions, and cost limits for sale proceeds conversions.

Format for Voting Results: listed entities must submit specified voting-result format to exchanges within forty-eight hours after general meetings.
Listed entities must submit a prescribed Format for Voting Results to stock exchanges within forty-eight hours of a General Meeting. The format requires agenda-wise disclosure including meeting date; shareholder record counts; attendance (in person, by proxy, video conferencing) by promoter and public categories; promoter interest; resolution type; and detailed category and mode wise vote tabulation (e voting, poll, postal ballot where applicable) showing shares held, votes polled, votes in favour and against, and corresponding percentages, with category and total aggregates.

Business Responsibility Reporting required in annual reports for listed entities, specifying ESG disclosure format and accountability.
SEBI requires listed entities to include a Business Responsibility Report in the annual report using the Board specified format, detailing ESG initiatives, governance for implementation, principle wise compliance aligned with the National Voluntary Guidelines, grievance and audit mechanisms, and publication hyperlinks. Entities with internationally framed sustainability reports may furnish those reports with a mapping to the nine Principles instead of preparing a separate BRR. Stock exchanges must disseminate the circular, which is issued under the Listing Regulations.

Casual trader registration required; ensures VAT compliance, daily tax payment and No Dues Certificate obligation.
Unregistered persons must register as casual traders under Section 16A; deposit security in Form DVAT 20 equal to estimated liability; collect VAT at applicable rates; pay tax daily on prior day sales; maintain daily books of retail invoices and stock; issue a retail invoice/cash memo for every sale; file return in Form DVAT 16A after the event; obtain a No Dues Certificate before leaving; do not leave premises without the certificate.

Additional duty credit scrips available for eligible exporters; submit letter to RA with prior application and shipping bill details.
Eligible exporters who previously claimed Focus Product Scheme benefits but qualify for additional Market Linked Focus Product Scheme duty credit scrips may submit a letter to the concerned Regional Authority with prior application reference, file number, shipping bill details, product description and Public Notice serial number; the RA shall verify the claim and issue a supplementary scrip upon satisfaction.

Drawback pendency clearance requires exporters to check ICEGATE status and promptly answer EDI queries to finalise claims.
Drawback pendency clearance requires exporters using drawback shipping bills to check pending claim status through ICEGATE and promptly furnish replies where a shipping bill remains in the exporter's queue. Unanswered queries prevent finalisation of drawback claims. Required replies are to be submitted through the EDI system, with assistance available from the Customs Drawback and Export office.

Interest from bank investments in non SLR securities treated as business income, department will not pursue or file appeals.
Interest on non SLR securities held by banks constitutes income attributable to the business of banking and therefore falls under Profits and Gains of Business and Profession, following the Supreme Court principle that bank investments are part of banking business. Consequently, the tax department directs that no appeals should be filed asserting such interest as income from other sources and that existing appeals on that ground may be withdrawn.

Sovereign Gold Bonds issuance terms govern investor eligibility, denomination, pricing, interest, redemption, tradability and tax treatment.
Issuance of Sovereign Gold Bonds prescribes resident individual eligibility, denomination in one gram units with specified minimum and maximum per fiscal year, Government of India Stock form with Holding Certificate and demat convertibility, pricing and redemption in rupees based on IBJA weekly average for 999 purity, fixed semiannual interest on initial investment, eight year maturity with premature redemption from year five, tradability upon RBI notification, transfer by prescribed instrument, SLR eligibility, use as loan collateral subject to RBI gold loan LTV rules, and tax treatment: taxable interest and capital gains like physical gold.

Abridged prospectus disclosure revised to standardise content and require merchant banker past-issue price reporting and filing.
The circular mandates a revised, streamlined abridged prospectus format consolidating issuer, issue, procedural, risk and financial summaries with specified word limits and structured sections, and requires merchant bankers to disclose past-issue price information in prescribed tables and summary statements; the formats replace an earlier circular, apply to issues opening from the notified effective date, and require filing of the abridged prospectus.

Reconciliation return filing: Form 9 required for dealers with interstate sales under statutory forms, others need not file.
Extension of the filing deadline for online reconciliation return in Form 9 is provided for dealers who made interstate sales at concessional rates against statutory forms or claimed deductions from taxable turnover against specified declaration forms; dealers without such transactions are not required to file Form 9.

Exemption from sealing of bulk cargo permits case by case waiver subject to verification, safeguards and time limited permissions.
The amendment permits exemption from sealing of bulk cargo for export where sealing is impracticable, empowering the Principal Chief Commissioner or Chief Commissioner of Central Excise to grant case by case waivers subject to safeguards including verification and testing of quantity and quality, prohibition on duty remission for transit loss, time limited permissions (not exceeding one year) and withdrawal for misuse; a defined application and review timetable by Assistant/Deputy Commissioners and Principal Commissioners is prescribed, with written communication of conditions when permission is granted.

Due date extension for E filing audit reports clarified to align with the extended return filing deadline for specified assessees.
The Board confirms that taxpayers covered by Explanation Two clause (a) are granted an extended due date for both E filing their returns and for obtaining and E filing the statutory reports of audit; the corrigendum aligns the audit report procurement and submission deadline with the extended return filing deadline announced in the prior administrative order.

MEIS reward rate revisions notify additions, amendments and description corrections with immediate effect under the FTP.
Notification updates the MEIS reward schedule in Table 2 of Appendix 3B by adding 110 ITC(HS) lines, amending reward rates for numerous previously notified ITC(HS) lines across country groups A, B and C, and correcting descriptions for specified HS codes. All additions, rate amendments and description corrections are declared to have immediate effect and supersede earlier notified entries, thereby updating the country group based reward entitlements under the Merchandise Exports from India Scheme.

NPS access for NRIs permitted under FEMA, allowing subscription and repatriation through normal banking channels.
NRIs may subscribe to the National Pension System administered by PFRDA through normal banking channels, subject to PFRDA eligibility. Subscriptions may be paid by inward remittance or from NRE/FCNR/NRO accounts, and annuity or accumulated savings are freely repatriable. AD Category I banks must inform customers. The RBI amended FEMA regulations accordingly and issued these directions under sections 10(4) and 11(1) of the FEMA, without prejudice to other required permissions.

Prohibition on new liaison offices of foreign law firms continues; existing permissions may remain pending policy review.
RBI shall not grant fresh permission or renewals for Liaison Offices of foreign law firms following the Supreme Court's interim orders; existing permissions granted before those orders may continue if still in force. This prohibition remains until the policy is reviewed, including in light of the final disposal of the Supreme Court matter. Category I Authorised Dealer banks must notify their constituents, and the directions are issued within the Foreign Exchange Management Act framework and without prejudice to other legal permissions.