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Indian News
Table of Articles
Markets to shift to T+1 settlement system from January 27: Report
Union Minister Piyush Goyal pitches for startup database in country
The changes in Sebi’s complaints redressal system
CBIC gives clarification on GST on SUVs
Pending deal approvals: Industry participants flag lack of quorum at CCI
GST not payable on Govt incentive to banks for promoting RuPay card
Customs dept monitoring toy imports, newer modus operandi adopted: CBIC
Sebi mulls allowing PE funds to become sponsor of mutual fund house
Cryptos are nothing but gambling, their value only make-believe: RBI governor
Sebi bans three entities from securities market for insider trading activities
Sebi allows virtual meetings for REITs, InVITs unitholders via video call
Sebi notices to PE, VC funds for flouting rules
Mandatory joint audit to start with big firms
GST would apply if a rented residential building is sublet as hostel: AAAR
India lets banks use face recognition, iris scan for some transactions: Sources
Fake invoice racket busted, one arrested
NPS subscribers: Bank account verification, name/PAN matching to get faster
RBI open to non-bank arms route to end stalemate with ESMA: Report
Transparency audits will strengthen RTI
Sebi allows exchanges to launch multiple contracts in same commodity
No TDS on remunerations, salaries or commission paid to partners: ITAT
SEBI allows mutual funds with active ELSS to launch passive schemes
ICAI plans guidelines to control gaps in audits
NARCL gets ₹ 15,300-crore blanket guarantee to tackle bad loans
CBIC to release list of identified goods to check undervaluation of imports
RBI likely to tweak loan recovery framework for asset reconstruction companies
Tiruchi traders stick posters against ‘test purchase’ under GST
Auditors’ regulator seeks e-locker for audit docus
Subscription-based elder care faces 18% GST: AAR
Sebi allows stock exchanges to launch future contracts on corporate bond indices
NRE/NRO accounts with international mobile numbers can now use UPI
UIDAI urges verification entities to comply with Aadhaar usage hygiene
Regulator Sebi brings OFS framework 2.0, allows exit to non-promoters
Contractual staff can't be sacked for poor performance without notice: Kerala HC
Anil Ambani Tax Evasion: High Court Questions Retrospective Nature Of Black Money Act
Non-promoter shareholders allowed to sell stake via OFS: Sebi
New PLI scheme for IT server, hardware to offer more sops for IP designed in India
Google challenges CCI's Android antitrust ruling in Supreme Court
Sebi extends deadline till Jan 27 for comments on proposal to strengthen grievance redressal
Wrong use of one English word by BDA in lease deed created havoc: HC
Stock exchanges must inform brokers within 15 minutes in case of an outage: Sebi
Sebi to extend trading hours in case of outage at stock exchanges
RBI lists 6 rating agencies for banks' capital adequacy purposes
5% GST for Covid vax at hospitals, rules AAAR
States’ role crucial for ease of doing business: Sitharaman
India now a more transparent economy: Commerce minister Piyush Goyal
Planning to save LTCG tax by buying new house? Govt extends time limit till March 31, 2023
Taxman can’t keep GST paid by mistake: HC
GST registration applicants’ details will be taken from IT database: CBIC
CBI arrests Chennai Income Tax officer, CA in Rs 2,25,000 bribery case
Sebi permits AMCs to provide advisory services to all FPIs at IFSC
Rs 945cr plan: Third party to assess seed fund scheme for startups
Sebi proposes standard approach for valuation of AIF investments
Centre to recover subsidies wrongly claimed under Fame scheme: Report
Govt, RBI in discussion with South Asian countries for cross-border rupee trade: Das
Sebi extends relaxation on dispatching hard copies of financial statements
RBI opens sandbox to 6 firms to test anti-fraud solutions
Google questions ‘legal basis’ of seeking accurate financial information by CCI
Income tax officer held for seeking Rs 10,000 bribe sent to 2-day CBI remand by Mumbai court
No need for customers to visit bank branches for re-KYC, says RBI
I-T dept steps up efforts to recover tax arrears of over Rs 7.7 trillion
Sebi allows govt stake in IDBI Bank to be reclassified as public post sale
BOT annuities brought under GST
RBI to audit 9,500 NBFCs to check on levels of compliance
New scheme to manufacture machinery for trimmings in works, says Industry Minister Goyal
Public-float rule: PSUs to remain exempt even after change of ownership
WhatsApp leak case: Sebi dismisses insider trading charges against 11 entities
Dine-ins to attract 5% GST, not pre-packed ready-to-eat items
State-run firms to remain exempt from public shareholding norms: Report
Govt. hikes windfall tax on crude oil, export of diesel, ATF
RBI tags SBI, ICICI Bank, HDFC Bank as Systemically Important Banks
Govt proposes self regulatory mechanism, due diligence for online gaming cos
SEBI asks bourses, clearing corporations to set up Investor Risk Reduction Access platform by October next
EPFO issues guidelines to avail higher pension
India likely to ban unbacked crypto assets, stablecoins and DeFi, says RBI
RBI to extensively use AI, MI driven tools for data analysis
RBI working on alternate arrangements for banks hit by EU oversight rule
Extraterritorial reach of regulators weakens domestic stability: RBI
'Important to arrive at a common international approach to crypto': RBI
Banks' net NPA ratio at 10-yr low, GNPAs continue downward journey: RBI
82% listed CPSEs don't have mandated independent directors: CAG report
CBIC tells taxmen to recover only reduced tax dues in IBC cases
State governments to oversee law for online games in their jurisdictions
Bank frauds from card, net-based transactions rise, shows RBI report
Unregistered persons can claim tax refunds for cancelled contracts on GST portal
CBIC issues clarifications on tax recovery from firms under insolvency
SEBI proposes framework for index providers to strengthen transparency
Sebi mulls fresh CDS play for MFs as it seeks to boost corporate bond mkts
Trade settlements in rupee starts with Russia, more likely to join: Report
Expand small business insolvency model to big corporations too: RBI
GST officers to seek details of all invoices in case of ITC mismatch
Govt tweaks GST rules for claiming input tax credit
RBI cracked whip on ICICI, others for flouting norms, but was ignored: RTI
RBI to streamline charges for a safer, more affordable payments system
Frauds fall nearly 50% at banks: RBI Data
Recovery through IBC to get better as macros look up: RBI
Pension regulator proposes bringing gig workers into pension fold: Report
IT ministry appointed as nodal ministry for online gaming in India
Banks' consolidated balance sheet hits double-digit growth in FY22: Report
RBI to migrate online fraud reporting to Daksh platform from January 1: What it is and all other details
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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
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
PCAOB imposed $35M in fines in 2024
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
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)