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The Income-tax Bill, 2025 & related documents
Indian News
Table of Articles
New rules for Small Savings Schemes: PPF to SSY changes effective Oct 1
ISA 600 dispute: NFRA, ICAI can find common ground, says official
Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex
How to use new electronic system to resolve Income Tax disputes
Interest equalisation scheme for exporters extended for another month
SEBI officials accuse leadership steered by Madhabi Buch of ‘toxic, humiliating’ work culture: Report
Assam Police uncovers ₹2,200 cr scam; CM warns against fraudulent online investments
Banks ready list of 3,000 entities involved in fraudulent practices
India’s audit penalties are among the world’s lowest. That could change.
GST on insurance premiums: Karnataka in favour of exemption on products used by working class
FinMin to develop climate finance taxonomy in 6-10 months, says Ajay Seth
To facilitate taxpayers in invoice matching, GSTN to launch IMS from Oct 1
Finance ministry to sell 6.78% stake in GIC Re for Rs 4,700 crore
Mis-selling of life insurance policies at alarming level, says Irdai
Sebi working on simplified rules for foreigners investing in govt bonds
New notices for GST on transfer of leasehold land stir real estate concerns
No income tax rebate u/s 87A despite total income below Rs 7 lakh in these cases
48% tax on hybrid cars, 5% on electric to continue for 'long time': Kant
Use digital for efficiency, not undue risks: RBI
Rs 250 mutual fund SIPs, single-bourse disclosures for companies soon: Sebi chief
SEBI study shows 54% of IPO Shares allotted to Investors (excluding anchor investors) are sold within a week
Eye on FDI, Centre to ask state govts for investment-friendly reforms
Three key changes in September that can impact your GST return filing
Lead auditors to face the heat for group lapses. Small audit firms are fretting
Gig workers to be soon registered on e-shram portal: Mandaviya
NFRA-ICAI tussle over key audit standard overhaul: CA Institute Council to meet on Sep 17 to discuss future strategy
Sebi removes over 15,000 finfluencer content in crackdown on unregulated entities
Sebi cancels registration of 39 stock brokers, 7 commodity brokers
Sebi revises eligibility criteria for entry, exit of stocks in F&O segment
Sebi amends rules to regulate influencers
FM Nirmala Sitharaman approves 'Navratna' status for four CPSEs
Develop mechanism to notify members on deductions: Mandaviya directs EPFO
CBDT rolls out Dispute Resolution Scheme (e-DRS), 2022, to minimise litigation
RBI imposes Rs 2.68 cr on UCO Bank
Sebi mulls expanding scope of informal guidance scheme, raises fees
Government receives over ₹10 lakh crore in revenue by July 2024
IFSCA Press Release: New IFSCA (Listing) Regulations, 2024 come into effect
New feature: Deposit cash at ATMs via UPI, no debit card required
Shipping Corporation of India receives ₹160 crore GST demand notice for FY2020
NFRA and ICAI at odds over plan to sync audits with global norms
Finance ministry lowers entry barrier for GIFT City listing
RBI cautions against fraud, warns against sharing OTP and KYC details
Moody's raises India's growth projection; Fitch affirms 'BBB-' rating
In first address after Hindenburg, Sebi chair urges 'trust, compliance'
Taxpayers expect taxes to work for them, Siddaramaiah tells finance commission; CM cautions against skewed weightage to equity
Tax authorities send Rs 606 crore GST demand notice to LIC
Zomato gets Rs 4.59 crore tax demand notices
‘Shoddy probe in I-T fraud’: Action ordered against IO
GST OTP mandate: Flipkart sellers cry foul
Delhi HC overturns AAR ruling on Tiger Global-Flipkart transaction
Protection against suits can't continue forever, NCLAT tells IL&FS
Sebi cautions investors against SME companies doing price manipulation
RBI Governor Das advocates for fintech self-regulation to ensure balanced innovation with integrity
Hindustan Unilever gets Rs 963 crore Income Tax demand notice
SEBI Advisory regarding investment in securities of the Companies listed on the SME Segment of Stock Exchanges
In a rare instance, Bombay HC imposes Rs 80 lakh fine on Sebi, NSE, BSE
CBI arrests principal commissioner of Income Tax in Rs 10 lakh bribery case
RBI plans to implement uniform licensing for online and offline payment aggregators
AMFI lays down roadmap to curb front running at AMCs
Tax notices leave a bitter taste for several chocolatiers, bakers
No NPS rollback; UPS an attempt to improve it: FM Nirmala Sitharaman
GST Council meet to discuss rate rationalisation on Sep 9, says FM
NFRA, Regulators, ICAI agree to align key auditing standard
Trade bodies demand simplification of GST Act and rules
NPS tax benefits: National Pension System tax deductions you can claim under old and new income tax regimes
RBI mulls softer rollout of infra financing norms amid lender pushback
Cognizant sues software rival Infosys over trade secrets
Tax demands over non-linked PANs leave firms in tight spot
No GST on fines, penalties, late fees collected by RBI, says Maha AAR
New platform to help auditors, banks verify key company information online
India sets out to close a critical auditing standard gap to align itself with global peers
GST payers with no valid bank account barred from filing GSTR-1 from Sept 1
What is the new Unified Pension scheme and how is it different from NPS?
RBI to launch Unified Lending Interface to transform lending space: Das
Foreign shipping companies granted Rs 3,000 crore GST exemption for FY18
Cases over Rs 1,000 crore make up 90% insolvency claim value
SEBI’s expenditure on investor protection and education at 10-year low in FY24
FM tells officers to effectively implement GST, keep positive attitude
Irdai forms task force to tackle challenges, boost growth of surety bonds
GST meeting: Group of Ministers agree on maintaining current tax slab but no word on online gaming
Sebi asks CAs to be extra careful while auditing cos listed on SME exchange
Anil Ambani banned from security market for 5 yrs, fined Rs 25 cr by Sebi
RBI alters rules to allow e-mandate for auto-replenishment of FASTag, NCMC
To ban or regulate? Govt's cryptocurrency paper likely by October 2024
Review of Income Tax Act to be completed in given timeframe: CBDT Chairman
Banks won't send pre-debit notifications for these two types of recurring payment e-mandates
CBDT forms committee to review I-T Act, 'sunset' clauses to be eliminated
Adopt supportive, empathetic approach towards MSMEs: RBI dy guv to lenders
Top audit firms concerned after hefty penalty on BSR & Associates
Infosys, foreign airlines and foreign shipping lines may get GST relief: Report
CCI warns staff over unauthorised media contacts, information disclosure
Over Rs 80,000 crore worth GST notices issued for assessment year 2018-22
Use simpler language in tax notices, don't instil fear: FM tells officials
Sebi's rights issue revamp may require tightrope walk
IBA to take up overseas banks' local data storage issue with RBI
Income tax dept processed about 40 mn ITRs for AY 2024-25 in 15 days
Bombay High Court quashes ₹2,237 crore GST demand against Larsen & Toubro
ITAT: No penalty for income concealed if taxpayer corrects error in revised return
GST sleuths tracking merchants skipping tax via digital payments
Who needs an income tax clearance to travel overseas? CBDT clarifies
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Budget 2025 - Full Coverage
(includes The Finance Bill as passed by Lok Sabha)
Cost of Inflation Index (CII) Table
Income Tax Return Forms & Utilities for
AY 2024-25
Download Income Tax Forms
Download Income Tax eFiling Utilities
Download MCA eForms
RBI Master Circulars / Directions for
2025-26
SEBI Master Circulars / Regulations published in 2024-25
IRDAI Master Circulars published in 2024
Important Updates
Daily Newsletter - April 18, 2025
CGST Instruction No.3: Instructions for processing of applications for GST registration
Seller falls victim to fraud, but tax still applies on all goods supplied
Supreme Court tightens grip on cash deals: Courts must report transactions over Rs 2 lakh to I-T department
10% premium cap for seniors only on new or repriced plans, others may see steep increases
Weekly Newsletter - April 16, 2025
Daily Newsletter - April 16, 2025
FRC Reference Material: Guidance on the Going Concern Basis of Accounting and Related Reporting
Customs Notification No.24(NT): Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
ICAI vs ICTPI: Ministry of Corporate Affairs rejects ICAI’s name dispute plea against ICTPI over use of ‘chartered’ term
ICAI Publication - Ind AS: Study on Compliance of Financial Reporting Requirements (Ind AS Framework) - Volume-III
[UK] EY fined £500,000 for breaching audit rules in second penalty within a week
RBI asks banks to pay 8% interest for delay in central govt pension payment
IAASB revises going concern standard
Don’t be surprised if you get lesser income tax refund this year
GST On Apartment Maintenance Is Not A New Levy, Clarify Tax Officials
Major relief for homeowners: ITAT rules redeveloped flats not taxable as 'other income'
Daily Newsletter - April 14, 2025
SEBI Circular: Specialized Investment Funds (‘SIF’) – Application and Investment Strategy Information Document (ISID) formats
Paying rent above Rs 50,000? You can be classified as assessee in default by income tax dept if you fail to deduct TDS
Cap gains of NRIs on mutual fund units can’t be taxed in India: ITAT
Kerala HC strikes down GST on services by clubs to members, calls it unconstitutional
RBI proposes new route for offloading bad loans
Daily Newsletter - April 11, 2025
GST Advisory on reporting values in Table 3.2 of GSTR-3B
ICAI Exposure Draft: Standards on Auditing for Audits of Limited Liability Partnerships
Higher salary but lower mental peace? CA reveals why many high earners still struggle
Taxpayer wins after I-T dept rejects Sec 54 LTCG claim
GST Advisory on Table-12 of GSTR-1 or GSTR-1A
CA's Referencer: NFRA Auditor-Audit Committee Interaction Series 3 - Related Parties
RBI issues 4 draft Directions on the regulatory measures announced in SDRP
Weekly Newsletter - April 9, 2025
Income Tax Notification No.32: Last date notified for 'Vivad se Vishwas' Scheme
Income Tax Notification No.30: ITR for Block Assessment (ITR-B) notified
RBI MPC Meet: Key takeaways from governor Sanjay Malhotra’s address
CA's Referencer: NFRA Auditor-Audit Committee Interaction Series 2 - Audit Strategy and Planning