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Indian News
Table of Articles
Government allows direct listing of securities by public Indian companies on International Exchanges of GIFT IFSC
Final stage of preparations for Interim Union Budget 2024 commences with Halwa Ceremony
Everything you need to know about the Draft Indian Stamp Bill, 2023
High risk offshore funds have seven months to liquidate India holdings - sources
Govt may announce steps to promote, make NPS more attractive scheme
Sebi allows promoters to offer shares to staff via stock exchange mechanism in OFS
Income tax filers more than double to 77.8 million in 10 years: Govt data
India overtakes Hong Kong as world’s fourth-largest stock market by Market Cap
Fintech associations exploring ways to incentivise SRO membership
CBDT releases key Direct Tax Statistics through Time-Series data
Sebi firm on FPI ownership norms as deadline looms
Govt raises import duty on gold, silver jewellery findings to 15% from 11%
ICAI enters into MoU with 11 Universities
DGGI has no special power over state GST officials: Jharkhand HC
States out of NPS: Corpus will keep getting returns
Budget 2024-25: Govt may increase capex to propel economic growth
Flurry of GST show cause notices heading to businesses for FY19, as deadline ends on Jan 31
Govt should not cut import duties on parts used in making smartphones: GTRI
5 GST officials booked for demanding Rs. 5 crore bribe from a Ghaziabad-based businessman
Govt expands scope of financial services that can be taken up at IFSC
Centre in no mood to give GST relief to online gaming cos
Sebi to crack down on inflation of IPO subscription, spots such 3 cases
CDSL launches multi-lingual support for a/c statement and chatbots
FPIs breaching exposure levels to reveal ODI holder details
RBI asks Ombudsmen to guide REs addressing recurring customer complaints
‘Auditors must display professional scepticism’: NFRA Chairperson
Employees' payment for canteen services will not attract GST: AAR
Lessor has to pay GST on rent if property is used for commercial purposes
NFRA plans to engage with audit panels of big companies to curb frauds
More action against pre-2018 audit violations likely: NFRA
SEZ units are not exempt from compensation cess under GST
IBC needs further changes for resolution of biz conglomerates: RBI Dy Guv
NCLAT sets aside notice against lenders over liquidation without bids
Sebi penalises individual for violating insider trading rules
NFRA: Request for Proposal for Appointment of CA Firms/LLP/Proprietorship for Compilation & Verification of Books of Accounts and Taxation Matters of NFRA
PFRDA notifies Point of Presence (PoP) Regulations requiring only one registration for NPS
Helmet makers demand cut in GST as 2W accidents claim goodslives in India
EPFO removes Aadhaar from list of acceptable documents for proof for updation/correction of DOB
Fitch affirms 'BBB-' rating for India with a stable outlook amid strong growth
Over 50% DPIIT-recognised startups from tier-II and tier-III cities
India will impose non-tariff barriers on reciprocal basis: Piyush Goyal
RBI panel makes several suggestions on state government guarantees
New RBI rules on penal charges on loans: Will there be any upper limit/cap for imposing penal charges?
Govt imposes 50% export duty on molasses; extends lower duty on edible oils
86% Indian CEOs optimistic about country's economic growth: PwC survey
Reserve Bank of India likely to withdraw relief to govt-owned NBFCs
Revised norms on fair lending practice effective from April 1, says RBI
Income tax benefits granted to 2,975 recognised startups: DPIIT
RBI proposes to increase total liquid assets bar for housing finance firms
RBI releases draft framework for fintech self-regulatory organisation
Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure
Interim Budget may raise pension floor for unorganised sector workers
No import restrictions on certain IT products like desktop computers: DGFT
LIC receives notification for tax refund of Rs 25,464 crore for 7 AYs
RBI imposes Rs 2.49 crore penalty on 3 banks including Punjab & Sind
Sebi plans to allow voluntary freezing of clients’ trading account from July 1
LIC receives another Income Tax demand notice worth Rs 1,370.60 crore
Sebi aims for instant stock settlement in global race for speed
Sebi panel bats for easier listing norms
LIC gets IT demand notices worth Rs 3,529 crore
UPI-PayNow Linkage: Major UPI apps enabled to receive remittances from Singapore; who can use
RBI will not emulate others on regulations; world cannot afford a 'crypto mania': RBI chief
RBI governor Shaktikanta Das warns against ‘algorithm-based’ lending by banks
Invoicing racket to defraud GST busted in Mysuru
Government will take away your shares if dividend from shares have gone unclaimed for 7 consecutive years
Central Board of Indirect Taxes & Customs app to cut litigation time
I-T dept found unaccounted sales of Rs 1,000 cr during raid against Polycab
Delta Corp says Rs 23,200 crore-GST demand arbitrary
NFRA imposes Rs 20 lakh penalty on CA for professional misconduct
Commerce ministry sets up task force to resolve trade issues for exporters
Tax and disclosure norms: NRIs asked to state number of days spent in India
NFRA plans annual auditor checks
ICICI hiring 30 investment bankers on expectations of record fundraising
SC seeks govt's response on pleas by online gaming cos challenging 28% GST
Indian bonds may be included in Bloomberg EM index from September
GST authorities drop ₹7.08 crore service tax demand on Competition Commission
Indian tax payers migrating to higher range of total gross income: SBI Research report
Budget 2024: Rebate under new income tax regime may be hiked to Rs 7.5 lakh
29,273 bogus firms involved in suspected GST ITC evasion, 121 arrested: Finance ministry
No e-way bill sans e-invoice details from March 1
SEBI allows short-selling by all investors; F&O stocks also eligible
IRDAI eases norms for insurer investment in infrastructure debt funds
RBI says Rs 2,000 notes can be exchanged through post offices as well
PFRDA seeks tax parity for NPS contributions with PF contributions
Audit regulator NFRA slaps Rs 50 lakh penalty on chartered accountant for lapses
RBI gives clarity to 'politically exposed persons' term to meet FATF norms
NPS account opening rule change: eNPS for Government Sector, who can use it, process and more
Large merchants may have to pay reasonable fee on UPI payments: NPCI chief
RBI directs issuers to specify utilisation of funds raised via NCDs, CPs
Centre, SEBI will regulate short selling, Solicitor-General tells Supreme Court
LIC receives GST demand notice of Rs 663 crore from Chennai tax officials
EPFO extends deadline till May 31 for employers to upload pension details
GST dept issues demands, penalties totaling over Rs 19 cr to Ceat Tyres
AIFs may aid roll-over of stressed loans: Reserve Bank of India report
No minimum balance charges on 'inoperative accounts': Reserve Bank of India
RBI flags use of credit bureau data for analytics
Mis-selling: Government suggests checks on insurance agents
New ruling on Benami law may unearth old deals
More than 60% of taxpayers adopt new I-T regime
Income Tax department’s advisories put NRIs on notice on high value deals: Report
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Budget 2024 Update
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Income Tax Return Forms & Utilities for
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
Weekly Newsletter - January 8, 2025
Daily Newsletter - January 8, 2025
ICAI Exposure Draft: Ind AS 118, Presentation and Disclosure in Financial Statements
RBI Master Direction: RBI (Non-resident Investment in Debt Instruments) Directions, 2025
Income Tax Notification No.6: Conditional exemption for IFSC Unit upon purchase of goods
Big 4 in India outshine MNC parents; combined revenue seen at over Rs 45,000 crore in FY25
GST Advisory: Enabling filing of Application for Rectification as per Notification No.22/2024-CT, dated 08/10/24
ICAI FAQs: FAQs on Unique Document Identification Number (UDIN) (Revised 2024)
SEBI Circular: Measure for ease of doing business - Settlement of Account of Clients who have not traded in the last 30 days
Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch
Gujarat HC provides relief, says no GST on transfer of state land leases
Daily Newsletter - January 6, 2025
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
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
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
WIRC - ICAI Publications
NFRA slaps a penalty of Rs 2 crore on Deloitte Haskins for ZEEL audit
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