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Indian News
Table of Articles
Large auditors raise fresh objections to joint inspection proposal
Extending non-tax benefits to 3 years post reclassification will further encourage micro units to grow: Experts
CAG plans annual fiscal sustainability reports for states
PSBs to soon have a helpline for customer grievance redressal: Report
‘Fraudulent’ transactions of Rs 1,500 crore detected in Srei
Infosys allows employees to take up outside gig work
CBIC Extends Due Date For Filing GSTR 3B Return
Slow GST portal: CBIC mulls extending Sept returns filing due date
CAG compliance audit report points to lapses in revenue collection
EPFO issues clarification on EDLI insurance claims
Profit-minded educational institutions cannot claim Income Tax exemption: SC
Sanjay Malhotra to take over as next revenue secretary
Sebi clears government proposal to turn Vodafone Idea dues into equity
CCI fines Google Rs 1,338 crore for anti-competitive practices
GST Council to meet before mid-Nov; GoM report on tax casinos on agenda
MSMEs can continue to avail non-tax benefits post re-classification: Govt
Sebi focuses on data, tech tools to detect malpractice in securities mkt
Risk to India's sovereign rating from external pressures limited: Fitch
CCI slaps penalties totalling Rs 392 cr on MakeMyTrip, Goibibo, OYO
Competition Comm orders probe against state-owned IREL for alleged unfair biz practices
Auditor makes adverse opinion on internal financial controls of BYJU’S
Government seeks waiver in key norm for IDBI Bank stake sale: Report
QR codes prone to manipulation by cyber fraudsters, warn IT experts
How to safely navigate through FEMA regulations and common mistakes to avoid
How does tokenisation prevent online card fraud?
Govt may infuse ₹5,000 cr in state-run general insurers
India examining proposal to raise palm oil import tax
‘Bigtechs’ pose systemic risks to financial stability: RBI paper
Supreme Court notice to RBI in Subramanian Swamy plea on bank scams
Women representation on Indian boards accelerated to 18 per cent in 2022: Report
PSU general insurer employees irked with move to link pay with performance
Revised RBI norms to improve governance, bolster ARCs structurally: Crisil
Raghuram Rajan explains why India should not follow China's economic model
Centre to simplify Patent Law: Piyush Goyal
MCA planning to shift all company forms to new portal by December
RBI Guv says central bank taking measures to improve availability of digital infra for banking
Do you pay rent through credit card? It may not be rewarding
SEBI’s framework for governing council of social stock exchange explained
Centre hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
India unlikely to be hit as hard by global recession as other countries: SBI chairman
Explained | RBI’s concept note on introducing CBDCs
RBI policymakers divided on future path of rates, meeting minutes show
NFRA publishes list of auditors who have not filed returns for FY20
BIS should help facilitate zero defect, zero effect policy: Piyush Goyal
After RBI missive, FIDC asks NBFCs to revise codes of conduct
FM Sitharaman calls for effective tax reporting regime on crypto assets
FM Sitharaman offers open source network India Stack to other countries
What is low base effect?
Why banks want you to swipe new credit card soon
Sebi issues framework for dealing with suspension of rating agencies
Govt removes criteria for CPSEs to improve share price over sectoral index
In US, FM calls for infra investments, simple international taxation rules
World dangerously close to recession, warns World Bank President
AAAR: Frozen parathas not rotis, to face 18% GST rate
RBI asks banks to stop building positions in offshore market: Report
RBI to submit report on failure to tackle inflation for 3 qtrs since Jan
Sebi issues std operating procedure for inter-operable regulatory sandbox
Govt may extend deadline for Cert-In cyber rules by 3 months to help MSMEs
India Inc raises concern over joint audit proposal
Pan masala, gutkha firms to face tighter GST scrutiny
Increased number of Sebi orders face legal scrutiny
India facing 'cacophony of factors' that may shake sovereign credit metrics
Nirmala Sitharaman says budget to address growth, inflation concerns
Rising clout: Which countries have adopted NPCI-backed UPI payments so far
Aware of 'Lakshman Rekha' but will examine demonetisation: SC
IMF praises RBI for tightening the monetary policy to curb inflation
Rules for new hybrid financial instruments combining banking, insurance, MF, pension announced
Corporate governance: MCA probe finds no merit in complaints against L&T
A viral tweet explains how Wipro caught its employees moonlighting
MDs, CEOs of ARCs can't have more than 3 terms in office without a cool-off
Firms to not pay GST on part recovery of canteen payment from staff: AAR
RBI tightens disclosure norms on divergence in NPAs, provisions
RBI raises minimum capital requirement for ARCs, widens scope of their activity
RBI asks banks to set aside capital, provisions for unhedged FX exposure
RBI allows SPDs to undertake all foreign exchange-related activities
EVs, green hydrogen to soon come under priority sector lending: Report
Goal says RBI! How the introduction of CBDC is expected to bring transparency to financial transactions
Sebi quizzes VCs and PEs on dispute resolution process
ITAT rejects equalisation levy over jurisdictional grounds, setback for I-T
E-invoices must for businesses with over ₹5 crore turnover a year
RBI pulls up banks on exposures' ratings without lenders' names
Reworked Personal Data Bill may relax rules on data localisation
Retirees can now opt to continue with 'default' investment plan under NPS
Funds mismatch under new settlement process may invite stricter Sebi norms
Govt to allow fractional ownership of business jets and helicopters
India gets 4th set of Swiss bank account details under automatic info exchange framework
Why India needs a central regulatory framework for online gaming?
Duty refunds likely for steel, pharma and chemical exports
Finance Ministry mulls steps like auto debiting other accounts of issuer to curb cheque bounce cases
Government to kick off FY24 Budget making exercise on October 10
‘e-rupee’ designed to complement rather than replace existing digital payments, says RBI
No cheat-code for online gaming industry as ministry, I-T turn up the heat
RBI intervening in NDF market, monitoring rupee positions: Report
RBI to soon start pilot launch of e-rupee for specific use cases
Indian car makers propose tax cut on imports in trade deal with Britain
Super rich Indians buying properties in Dubai with cryptocurrencies may face legal, tax hurdles
Piyush Goyal asks industry to follow global quality standards
Aspire to become ‘global champions’ in accounting and auditing, Piyush Goyal tells new CAs
Both Central GST and excise duty can be imposed on tobacco, rules Karnataka high court
RBI asks credit info companies to appoint internal ombudsman by April 1 next year
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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)