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compliance burden News

RBI Streamlines Regulatory Framework: Consolidating 3,000 Rules into 33 Thematic Categories for Clarity and Efficiency

Emily Rodriguez 25 Jul, 2025

The Reserve Bank of India is simplifying its regulatory framework by consolidating 3,000 rules into 33 categories, aiming to reduce compliance burdens and enhance clarity. This ini...

Business

New GST Rules Unveiled: Temporary Identification Numbers for Non-Registered Entities

Ryan Peterson 24 Jan, 2025

The CBIC has introduced a Temporary Identification Number (TIN) for entities not required to register under GST but needing to make tax payments, aiming to streamline tax payments ...