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Indian News
Table of Articles
Ahmedabad ACB books Income Tax officer for ‘accepting’ Rs 30 lakh bribe
Govt likely to save around Rs 80k crore in FY23 from unused budgeted funds
Can reducing 'state-litigation' solve half of the judiciary's problems?
Sebi gets tougher with MF industry body for dragging feet on pooling norms
ED attaches assets worth Rs 7.33 crore of ex-Income Tax officer who was earlier caught in bribery case
Non-IT firms will have to make way for IT at Hubballi IT park, says Karnataka Minister C.N. Ashwath Narayan
Law firms worried over SEBI’s reluctance to disclose crucial case documents
Banks, payment aggregators bat for market-led fee on UPI transactions
Coping with adversity, India Inc ranks higher post-pandemic
Sebi cautions investors against funds raised by unauthorised PMS providers
India raises import duty on platinum to 15.4%
Service sector may be included in the Wholesale Price Index soon: Report
Exporters seek GST extension on export ocean freight
Taxes absorb 58% telco revenues in nation with lowest tariff: Voda-Idea CEO
RBI's proposal to link credit cards to UPI may benefit fintech platforms, say brokerage firms
These seniors citizens can submit annual life certificate for pension from October 1
IBC reform: Insolvency set to get a new lift
Sebi imposes ₹6 lakh fine on 3 individuals for violating insider trading norms
Fast tracking IBC. Ex-promoters can’t hold stake in insolvent firm: SC
FinMin's special campaign in seven districts to deepen financial inclusion
DPIIT to seek cabinet nod for bill to decriminalise minor offences to ensure ease of doing business
Goverment issues draft guidelines for listing of RRBs; minimum net worth of ₹300 crore required
Windfall profit tax cut on domestic crude oil, diesel; scrapped for ATF
Insider trading rules to cover MF units too
Systematic lump sum withdrawal from NPS: PFRDA releases exposure draft
Bar codes could come soon to plug menace of sub-standard drugs
Government plans to decriminalise several laws: Piyush Goyal
Government defers plan to impose excise duty on unblended petrol and diesel
Samples given to doctors are not freebies: Pharma companies in HC
Sebi’s handling of insider trading cases under spotlight after SC rulings
Sebi allows foreign investors to trade in commodity derivatives
FIEO seeks Export Refinance Scheme to insulate export credit from interest rate hike
Sebi extends two-factor authentication for mutual fund subscription transactions
SEBI tightens IPO rules; mandates issuer to disclose offer price based on past transactions, fund raising
Sebi withdraws minimum shareholding rule for non-promoters in OFS
Demat like facilities for insurance policy holders soon, all policies to be held in electronic form only
Rupee fluctuations not a factor for MPC's consideration, says RBI
Regulations for offline payment aggregators to be same as online peers: RBI
RBI to stop 28-day VRRR, will continue with 14-day auctions
RBI may adopt expected loss approach for banks' loan provisioning: Guv Das
System ready for tokenisation as 35 crore cards tokenised, says RBI
RBI raises rates by 50 bps, cuts growth outlook to 7%
RBI says letter to govt. on missing inflation target not to be made public
Key GST changes to take effect from 1 October
Govt relaxes small company criteria for ease of doing biz
Banks’ front desk must know local language: Sitharaman
NRIs can pay utility bills using Bharat Bill Payment System
Centre considering 100% WFH across all SEZ units, says Piyush Goyal
Disclosing end-use of goods must while claiming concessional import duties
RBI deputy governor pitches for data law to protect customers' privacy
Mastermind of Chinese shell companies racket arrested while attempting to flee India
Consultations in progress on revising WPI base year to 2017-18: DPIIT secy
CBIC issues guidelines for claiming GST transitional credit
Consumer panels to get tech help for faster delivery of orders
BoI net profit down at Rs 2,221cr for FY22 on divergence in provisioning
Court cannot stop govt from bringing law in Parliament on cryptocurrencies: SC
RBI, finance ministry ask companies and banks to push exports using rupee
Digital lending norms aim to protect customer interest: RBI's Rao
Sebi seeks unclaimed funds info from non-corp entities
Moody's retains India rating and outlook, days after cutting GDP forecast
Companies take risks with cross-sector CEOs
RBI imposes penalties on five co-operative banks for non-compliance
Return to workplace may ease moonlighting concerns in IT industry: Experts
I-T dept detects Rs 250 cr 'black' income after Kolkata business group raid
MCA tweaks rules about company deposits, enhances statutory auditors' role
Sebi bans individuals, entities for unauthorised investment advisory
Centre working to develop portal for ‘ease of living' of pensioners
RBI plans registry to save you from digital frauds
Employers favour administrative labour reforms over legislative ones
Company's latest retention tool: Stay interviews
Customs department can’t sell assets of ‘companies in bankruptcy’ to recover dues: Supreme Court
SBI Positive Pay: 3 ways to submit/confirm high-value cheque details online
Medicine purchases by inpatients exempt from GST: Tamil Nadu AAR
HNIs more cautious on foreign investment after new rules kick in
Behind the Income Tax dept's tax evasion scrutiny
Transfer via NEFT, RTGS: What happens if money is not credited to beneficiary account on time, penalty banks have to pay
ARCs, gaming, betting under lens: CBDT chief
Not convinced of durable fall in inflation: RBI Deputy Guv Michael Patra
Sale amount no longer to be included in turnover of options trading for taxation
I-T dept collects Rs 28-cr in taxes from new ITR-U filing
Sebi comes out with disclosure requirement for asset management companies
Govt appoints ex-CEA Krishnamurthy Subramanian as India ED at IMF
How do we know when a recession has begun?
What is PMLA Act? Money laundering, law statement and objectives
Google removes over 2,000 personal loan apps since Jan on safety concerns
Irdai eases limits for insurance commissions
Finance Ministry makes unauthorised publication of export-import data compoundable offence
Irdai eases firm registration process from 8 to 2 months: Chairman
‘Strategic sector’ concept added to overseas investment rules
India to incentivize rupee-settled exports to boost Russia trade -sources
Must improve corporate bond trade data integrity, says RBI Deputy Governor
Payment aggregators to approach RBI regarding new digital lending rules
Govt executing each scheme covering all eligible persons: FM Sitharaman
What is 1988 Benami Property Act and Benami Transaction Amendment Act 2016
86% Indians hope to access most govt services online in 5 yrs: Deloitte
Income tax dept seeks to prosecute Anil Ambani under the Black Money Act
No more fly-by-night companies on fictitious addresses
New ODI regulations: Govt allows investment in financial services abroad
Providing HSN code responsibility of bidder, not tendering authority: SC
Freebies are never ‘free’, says RBI MPC member Ashima Goyal
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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
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Updated
RBI Master Circulars / Directions for 2024-25
SEBI Master Circulars / Regulations published in 2024
IRDAI Master Circulars published in 2024
Important Updates
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)
FRC Reference Material: Annual Audit Quality Inspection Findings 2023-24 Tier 2 and Tier 3 Audit Firms
ITR filing deadline extension: Bombay HC orders tax dept to allow these taxpayers claiming 87A rebate to file ITR till January 15, 2024
Daily Newsletter - December 23, 2024
FRC Reference Material: Review of Corporate Governance Reporting
Unique ID to be deployed to check GST evasion in select commodities
Director not liable if company cheque dishonoured: SC
Switzerland MFN withdrawal: Pay 10% tax on dividend income from January 1, 2025
What gets cheaper, what is costlier after GST Council meet? Details here
Recommendations of the 55th Meeting of the GST Council