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Indian News
Table of Articles
Sebi prohibits FPIs from issuing P-notes with derivatives as an underlying asset
Lost track of inactive mutual funds? Sebi plans search platform
Retrospective 5% GST likely on food app delivery charge
Govt plans up to 25% temporary tax to curb cheap Chinese steel imports
Sebi eases norms for boarding of investment advisors, research analysts
NPCI cautions users against digital frauds, highlights 'common tricks'
UPI changes in 2024: Increased limits, new features, security tips
ITAT ruling: Cryptocurrencies now recognized as capital assets for taxation
Security vulnerabilities hinder AI adoption in India: Deloitte report
Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details
Will maintain open-door policy: RBI governor
GST Council likely to consider lowering tax on online food delivery fees
Cooperative banks show mixed trend in asset quality
Over 1.7 mn opt for higher pension on more contribution under 'EPS-95'
Irdai's move to limit banca biz may stifle insurance sector growth: Emkay
Centre receives Rs 8,625 crore as disinvestment receipts so far in 2024-25
Banks struggle to meet SEBI's cybersecurity deadline amid new regulations
Domestic, global headwinds challenge RBI's forex intervention efforts
New next-day stock delivery will come at a cost: Know how T+0 settlement will impact mutual fund and stock investors
Rs 12 lakh crore loans written off in 10 years, half of it by PSU banks in last 5 years
Public sector banks record net profit of ₹85,520 crore in first half FY2024-25
Spending data helps taxman recover Rs 37,000 Cr from non-filers in 20 months
Indian companies raised record high of over Rs 1 lakh crore via QIP
EU pressures India to drop duty on some ICT products
RBI raises collateral-free agricultural loan limit to Rs 2L to aid farmers
SEBI sets new benchmarks with comprehensive norms for secretarial auditors
MFN clause suspension by Switzerland: India needs strategic approach for int'l taxation treaties, says GTRI
Nestle tax ruling fallout: Switzerland suspends MFN status to India
CAG report points to ₹755.49 cr. revenue loss pertaining to GST of Commercial Tax Dept.
ICAI Establishes Research Centre in Hyderabad to Drive Innovation and Research
Taxing more can drive capital away, says CEA V Anantha Nageswaran
EPFO subscribers may get services at par with banking, including ATM access
Sebi clarifies 'excused investor' norms for AIF pro-rata distribution
Sebi mulls facilitating participation of retail investors in algo trading
Aviva's India executives approve brokerage model queried by tax officials
FinMin asks banks to closely monitor NCLT, NARCL cases to reduce delays
GST department asks Zomato to pay Rs 800 crore in taxes, fines
Irdai to introduce norms for more qualified insurance sales personnel
Samsung accuses India watchdog of detaining employees, seizing data
Competition in financial sector can lead to excessive risk taking, bringing instability: CEA Nageswaran
Sebi issues warning letter to HDFC Bank for regulatory non-compliance
New SIP rule: SEBI mandates MF companies to process cancellations in 2 days
Bank account, bank locker rule change
PAN 2.0: A master-key to access digital system and govt services
Sebi expands insider trading net
You can withdraw PF directly from ATMs starting next year: Labour Secretary
CBI arrests Indian bank panel advocate in Kolhapur for accepting Rs 1.70 lakh bribe
Income Tax Department Targets Political Party Donors Over Fraudulent Deductions
CCI looking at killer, creeping acquisitions in digital market: Ravneet Kaur
Stability, trust, and growth key: RBI Guv Sanjay Malhotra in first address
Need to differentiate between financial, non-financial regulation: CEA
Sebi for using DigiLocker to reduce unclaimed assets in securities market
T+0 settlement: More stocks added
Sebi revises guidelines for capacity planning, real-time performance monitoring of MIIs
Machine Learning, Deep Learning, Gen AI Offer Most Value In Finance: KPMG Report
Govt mandates use of locally-made solar cells from 2026 to curb imports
Shift of Sanjay Malhotra creates major gap in Budget team
New RBI governor faces 'trilemma' of growth, inflation, rupee-dollar rate
Still holding Rs 2,000 notes? Here's how to exchange or deposit them
Sebi warns investors against platforms facilitating transactions in unlisted securities
Cabinet nod for ₹40,000-cr PLI Scheme for electronics components soon
Six years of Shaktikanta Das's leadership as Mint Road's helmsman
Sanjay Malhotra appointed as new RBI governor, replacing Shaktikanta Das
Budget 2025: CII urges govt to stick to fiscal deficit target
GST officers detect Rs 35,132 cr ITC evasion by over 17k fake firms: Govt
66% businesses in India resort to bribe to get their work done: Report
Defaults under EPFO hit all-time high, rise 69.3%
Upgrading India's auditing standards will boost credibility: NFRA chief
Deloitte says "no systems have been impacted", as Brain Cipher hacker group claims access to company's 1TB data
RBI to introduce new benchmark SORR based on secured money markets
De-dollarisation is not our objective, says RBI Governor Shaktikanta Das
Audit firms yet to meet many norms: NFRA
How companies are adopting real-time audits to boost responsiveness, explains expert
New AI tool MuleHunter.ai by RBI to help reduce digital frauds
RBI raises rates for non-residents to attract forex, halt rupee losses
RBI allows small finance banks to offer pre-sanctioned credit via UPI
RBI's Shaktikanta Das has a few suggestions for banks to further boost India's financial strength
RBI MPC Meet Highlights: Unchanged repo rate, CRR cut, concerns about GDP and inflation; here are all the key announcements
Sebi proposes auction process to determine stock closing price
Income tax grievance redressal overhaul: Faster response, demarcated list of officers for tax refund, TDS, PAN, waiver, other issues
ICAI intensifies disciplinary action against errant CAs
Some ATMs to retract cash to tackle fake shutter overlay fraud: RBI
Cyberattacks to spike in 2025; healthcare and finance sectors at risk: Report
ED arrests two CAs, one crypto trader in ₹640-crore cyber fraud case
Telangana HC admits plea to quash ICAI’s disciplinary proceedings
FM Nirmala Sitharaman to start pre-Budget consultation with various stakeholders from December 6
EPFO to give time till Dec 15 to activate UAN for financial scheme
Sebi notifies rules on uniform standards for nomination facilities across securities markets
Platforms to be created for discussions with CBI to expedite investigation in bank fraud cases
Specified digital platforms not obligated to register, clarifies Sebi
SEBI Press Release: Clarification on Specified Digital Platforms
RBI increases UPI Lite per transaction limit to Rs 1000, up from Rs 500
Keep interest of economy before revenue in tax notices: Revenue secy
SBI urges RBI to include non-financial transactions for account status
Simplify ITR forms, get 'one rate one section' for TDS: Deloitte survey
Lok Sabha clears Banking Bill, to strengthen governance
Sebi tackles tech glitches with new online monitoring mechanism for system audits of brokers
Insurers may get to diversify operations beyond core business
35% GST slab in the works? A look at GST bands and how they are decided
Government not considering PSU bank merger: MoS Finance
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AY 2024-25
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RBI Master Circulars / Directions for 2024-25
SEBI Master Circulars / Regulations published in 2024
IRDAI Master Circulars published in 2024
Important Updates
Daily Newsletter - January 6, 2025
No Section 87A tax rebate despite ITR filing forms being updated recently
ICAI Announcement: Empanelment of Chartered Accountant firms/LLPs for the year 2025-2026
Income Tax Notification No.3: No TDS on purchase of goods from a Unit of IFSC
ICAI bats for concessional tax regime for partnership firms
NFRA's audit quality inspections flag short comings in CA firm
Daily Newsletter - January 3, 2025
SEBI Master Circular: Stock Exchanges and Clearing Corporations
RBI Circular: Introduction of beneficiary bank account name look-up facility for RTGS and NEFT Systems
RBI Circular: Reporting Platform for transactions undertaken to hedge price risk of gold
Customs Notification No.88(NT): Fixation of Tariff Values of Edible Oils,Brass Scrap, Areca Nut,Gold and Silver
Audit fee lowballing doesn't pay off
CGST Circular No. 243: Clarification on various issues pertaining to GST treatment of vouchers
CGST Circular No. 242: Clarification on place of supply of Online Services supplied by the suppliers of services to unregistered recipients
GST Advisory: Waiver Scheme under Section 128A
MCA Notification: The Companies (Accounts) Second Amendment Rules, 2024
Income Tax Circular No.21: Extension of due date for furnishing belated/revised return AY 24-25 in certain cases
Income Tax Circular No.20: Extension of due date for Direct Tax Vivad Se Vishwas Scheme, 2024
Audit needs to be proper
CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards
EPS pensioners can now withdraw their pension from any bank in India
Now you can file rectification request online for incorrect ITR processing even if it’s with the AO
I-T dept set to enhance operations in 2025 by adopting PRUDENT approach
NEFT, RTGS rule change: Verify beneficiary names easily with new account name lookup facility; when can you use it?
These bank accounts will close down from Jan 1. Check if yours is affected
Stockbrokers can ask you to submit income tax returns (ITR) to check PMLA violation
A year where audit integrity took centre stage
NFRA flags deficiencies in BSR & Co's audit of related party transactions
GST on caramel popcorn sold in theatres to stay at 5%, govt clarifies
Weekly Newsletter - December 24, 2024
Daily Newsletter - December 24, 2024
WIRC - ICAI Publications
NFRA slaps a penalty of Rs 2 crore on Deloitte Haskins for ZEEL audit
Budget 2025 To Be Presented On Saturday, Stock Markets To Remain Open For Trading
ICAI Technical Guide: GST Annual Return (Form GSTR 9)
FRC Reference Material: Annual Audit Quality Inspection Findings 2023-24 Tier 2 and Tier 3 Audit Firms
ITR filing deadline extension: Bombay HC orders tax dept to allow these taxpayers claiming 87A rebate to file ITR till January 15, 2024
Daily Newsletter - December 23, 2024
FRC Reference Material: Review of Corporate Governance Reporting
Unique ID to be deployed to check GST evasion in select commodities
Director not liable if company cheque dishonoured: SC
Switzerland MFN withdrawal: Pay 10% tax on dividend income from January 1, 2025
What gets cheaper, what is costlier after GST Council meet? Details here
Recommendations of the 55th Meeting of the GST Council