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Indian News
Table of Articles
RBI MPC increases repo rate by 25 bps, pegs FY24 inflation at 5.3%
Key highlights of RBI policy statement
SEBI burdens stock brokers with more compliance
Will get fitment panel to look into 28% GST for cement: FM Sitharaman
Artificial Intelligence to be a game changer in govt audit space: CAG
Leave encashment received at retirement will be tax-free under new I-T regime: Revenue Secretary
FinMin asks depts, CPSEs to refund 95% of MSMEs securities till March 2022
Foreign tourists not exempt from GST
Govt to come out with discussion paper on contractual disputes: Somanathan
16-member panel set up to draft Digital Competition Act within 3 months
CAG call to combat cyber security threats to auditing
SEBI gets strict on beneficial owners hiding behind FPIs
Govt streamlines rules for settlement of disputes among CPSEs
PPO number: How to download PPO (Pension Payment Order) number from Digilocker
No provision to refund accumulated corpus under NPS to state govt: FinMin
India will not merge GST tax rates in 2023-24: Revenue Secretary Malhotra
Markets regulator seeks beneficial ownership details of foreign investors: Report
Linking PAN with Aadhaar: CBDT chairperson says 48 crore linked so far
IRDAI should set up a committee to review its regulations: Experts
Govt not to impose import duty on cars brought in for testing: Minister
Insurance companies under scanner for rampant tax evasion
India, France, UAE unveil plans for co-operation under trilateral framework
Introduction of Insolvency and Bankruptcy Code helped improve ‘ease of doing business’ ranking: Justice Kaul
Sebi proposes measures to curb mis-selling in alternate investment funds
Centre working on implementing new Foreign Trade Policy from April 1, 2023
Sebi provides additional methods to comply with minimum public shareholding requirement; rationalises existing ones
SEBI tweaks operational framework on credit rating agencies
GST Council chaired by FM Nirmala Sitharaman to meet on Feb 18
Sebi tweaks framework on credit rating agencies, asks for detailed policy
Banking sector remains resilient and stable: RBI
No extension to lower withholding tax triggers concern among FPIs: Report
Will bring scheme for disposal of small appeals: CBDT chairperson
Window for unlimited investment in insurance policies with tax-free return closes on March 31
Wait for interest credit for 2021-22 prolongs for lakhs of EPF subscribers
Monthly GST revenue at Rs 1.50 lakh crore to be new normal next fiscal: CBIC chief
Govt paves way for IFSC units to issue P-notes to foreign investors
Windfall tax to continue for now; collections at Rs 25k cr this year: Govt
Sebi clarifies on transaction in corp bonds via request for quote platform
Sebi mulls framework for REITs, InvITs to issue depository receipts
Adani Group plans independent audit of group companies
Taxman asks companies to reverse credit claimed on IPO expenses
Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022: IMF
CSR spend may cover skilling individuals
Moody's withdraws IDBI Bank's credit ratings for business reasons
Govt agrees to allow settlement scheme for cartels in Competition Bill
RBI governor says current account deficit manageable
Govt recommends imposing anti-dumping duty on vinyl tiles frm China, Taiwan
Govt rejects panel push for effect-based test in Competition Amendment Bill
9 out of 10 individual traders in F&O segment making losses: Sebi
Securitisation of stressed assets: RBI floats paper on regulatory purview
Sebi to introduce more safeguards for F&O as traders' losses mount
Sebi slaps ₹26 crore fine on Coffee Day Enterprises, asks to be paid within 45 days
India bluechips to shift to world's fastest settlement cycle T+1 this week
SAT slashes NSE co-location case fine to Rs 100cr from Rs 625cr
Reserve Bank of India says no foreign investment cap on sovereign green bonds
ECLGS scheme stopped Rs 2 trn MSME loans from turning bad: SBI report
Company formation, conversion made easier and swifter on new MCA portal
India plans to cut gold import duty to arrest smuggling: Govt officials
SEBI launches information database on municipal bonds
Supreme Court notice on Kerala GST law permitting levy of tax under repealed VAT regime
Exim data revised, trade deficit narrows by $10 billion
GST wing told to identify tax defaulters
SEBI slaps final hearing notices to 9 'missing' entities
Longer wait for GST tribunals with Council yet to clear proposals
'Sinking hole of regulations': Mitra calls for simplification of GST system
EPFO portal offers link to opt for higher pension
Commerce Ministry relaxes EPCG norms to promote ease of doing biz
Indian banks' switch to IFRS norms unlikely to drive rating changes: Fitch
Sebi carries out nationwide raids on market experts for front-running
Sebi opts for principles-backed approach on ESG ratings, says report
Auditors of GoMechanic had raised several red flags in accounting: Report
No issue with crypto in India if laws are followed: Rajeev Chandrasekhar
FinMin exhorts PSBs to achieve financial inclusion targets for FY23
End of GST compensation to jolt six states most, says RBI
Insolvency law may provide carveouts for homebuyers
SC asks NCLAT to decide by March 31 on Google’s appeal against CCI’s order of ₹1337 crore penalty for unfair practices
Have issues with only 6 of 10 CCI directions: Google to SC
Taxmen probe rich Indians for having foreign policies without approval
IBC overhaul seeks to give adjudicating authority a power boost
DGFT simplifies composition fee for export obligation extension
High inflation causing tension between monetary and fiscal policy: Gopinath
Govt proposes a slew of changes to Insolvency and Bankruptcy Code
GoMechanic cooked books; founder admits to grave errors, 70% staff sacked
To avoid fraud, SEBI moves to end transfer of funds to brokers
Kerala govt’s GST dept underwent restructuring for ensuring tax revenue increase: K N Balagopal
Financial sector exposed to risks of low-carbon transition, shows study
Annual transparency report may be must for audit firms
India making big strides in ease of doing business: DPIIT Secretary
Sebi proposes blocking of funds facility for trading in secondary market
Reverting to old pension scheme poses big financial risk, RBI warns States
RBI proposal on loan loss provisions to raise bank capital needs: Analysts
Centre cuts windfall tax on crude, export taxes on aviation fuel and diesel
Insurers can classify green bond purchases as infra investments: Irdai
RBI prior approval now a must for picking up over 5% stake in banks
NFRA to introduce annual transparency report requirement for audit firms
RBI tweaks norms related to acquisition for banks
Increased provision on CET1 for loan loss to be phased out: RBI paper
Amendments to competition law likely in Budget Session
India hopeful rupee trade with Russia will pick up in future: Govt official
Govt may offer low-cost credit to small retailers, ease rules: Officials
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Budget 2024 Update
Cost of Inflation Index (CII) Table
Income Tax Return Forms & Utilities for
AY 2024-25
Download Income Tax eFiling Utilities
Updated
Download MCA eForms
Updated
RBI Master Circulars / Directions for 2024-25
SEBI Master Circulars / Regulations published in 2024
IRDAI Master Circulars published in 2024
Important Updates
GST Advisory: Enabling filing of Application for Rectification as per Notification No.22/2024-CT, dated 08/10/24
RBI Master Direction: RBI (Credit Information Reporting) Directions, 2025
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SEBI Circular: Measure for ease of doing business - Settlement of Account of Clients who have not traded in the last 30 days
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Daily Newsletter - January 6, 2025
No Section 87A tax rebate despite ITR filing forms being updated recently
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SEBI Master Circular: Stock Exchanges and Clearing Corporations
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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
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ICAI Technical Guide: GST Annual Return (Form GSTR 9)