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Indian News
Table of Articles
RBI asks top banks to refrain from large trading bets against rupee
Sebi mulls overhaul of investment advisor and research analyst rules
Banks write off loans worth Rs 9.90 trillion in last 5 years: Govt in RS
India will not relax its tax demand on Infosys, source says
Taxpayers have no say in how money is to be spent, says Bombay HC
Cyber frauds cost India Rs 177 crore in FY24: How to protect yourself
Regulator proposes faster credit and trading of bonus shares
‘Health, reinsurance premia fetched ₹24,500 cr in GST over 3 years till FY24’
RBI proposes regulatory principles for managing model risks in credit
Mkt regulator Sebi notifies mutual fund norms to prevent market abuse
EPFO issues new rules for inoperative, inactive EPF accounts to stop frauds
Google Pay, PhonePe, and Amazon Pay seek entry into RBI's digital rupee
Deloitte India aims to be first Big 4 firm to hit ₹20,000 crore revenue by 2027, says South Asia CEO
After GST notice for FY18-22 to Infosys, DGGI withdraws demand of Rs 3,898 crore
FinMin asks state-owned general insurers to focus on profitable businesses
Govt committed to fairness, simplicity, equity in tax system: Revenue secy
Supreme Court upholds NFRA's 10-year ban and Rs 20 lakh fine for auditor Anil Chauhan over Seya Industries' misconduct
Sebi says it's considering 'demystified filing' to speed up IPO approvals
The tax issue: Karnataka withdraws Infosys notice, Centre may go for review
Irdai levies Rs 2 cr penalty on HDFC Life Insurance for violating norms
Homebuyers empowered by MahaRERA against builders' cheating: Sale agreement to include all these mandatory details
New FASTag regulations from August 1: Update KYC, link to vehicle, and more
RBI issues two-factor check norms
RBI releases draft rules for Aadhaar based payment operators to avert fraud
UPI, IMPS, retail payments of some banks temporarily unavailable due to ransomware attack on tech-provider
Most fintech, banking apps tap into users' location, other information
1 in 2 Indians reject bank, credit card applications over complex ID checks
3.4L GST registrations cancelled over 3 years
Rapido liable to pay GST for cab services: Karnataka AAR
Sebi begins crackdown on F&O mess, suggests 7 measures to save retail traders
Life Insurers to seek extension on implementing surrender value norms
RBI issues norms to improve safety of payment systems with fraud monitoring
RBI pulls up UCBs creating Dividend Equalisation Fund for payments
Govt mopped up Rs 98,681 cr from taxing long term capital gains in listed equities in FY23: M0S Pankaj Chaudhary
RBI's new norms on wilful defaulters to come into effect from Nov 1
Income Tax dept begins scrutiny in reassessment cases for AY-2018-19
Market regulator Sebi plans to widen net to curb insider trading
SEBI returns over 10 IPO papers citing omissions; strong signal to merchant bankers: Report
'Too big to fail' Big Techs pose risk profiling challenges: RBI report
RBI revokes unrestricted access for FPIs to new 14-year and 30-year bonds
CBDC retail pilot customers grow to 5 million till June 2024: RBI report
RBI plans five-episode web series to showcase its 90-yr journey, functions
Fake ITC claims detection by central GST officers up 51% at Rs 36,374 crore in FY24
Tax filings more challenging on surge in F&O, gaming app play
Banks told to speed up IBC resolutions
45-day payment rule: New fund will work with banks to help MSME units, says FM Sitharaman
PSU banks may get another 2-year extension to comply with Sebi's MPS norms
Sebi confirms order against 12 entities including V Marc India for fraud
RBI imposes fines on 3 payment system operators including Visa Worldwide
DGFT simplifies Export Promotion Capital Goods Scheme procedures to enhance Ease of Doing Business
RBI issues prompt corrective action framework for urban cooperative banks
Royalty is not tax: Supreme Court allows states to levy minerals cess
RBI issues draft liquidity coverage ratio norms
India won’t ink global corporate tax deal until its concerns are addressed
Sebi proposes guidelines for CRAs on detailed reasons for rating actions
“Three-slab GST very much a possibility”: CBIC Chairman
RBI tightens domestic transfer rules: KYC must for walk- in money transfer
Bigger investments, smaller costs: New Demat account rules explained
I-T returns filing: CBDT engaging closely with service providers for proper functioning of portal
Tax portal glitches galore: 49% of India's taxpayers yet to file ITR
SEBI study finds that 7 out of 10 individual intraday traders in equity cash segment make losses
Sebi ready with speed gun on IPO Street
July 24: Celebrating Income Tax Day 2024: A Journey of Transformation
Eco survey advocates traditional climate plan and 3Rs for net-zero target
Threshold-based relief for MSMEs must have sunset clauses: Economic Survey
Economic Survey primer: Here are short notes on key economic policy issues
Economic Survey: DPI brings down KYC costs to Rs 6 from about Rs 1,000
ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department
Corporate profits nearly quadrupled, but employee salaries didn't: Economic Survey urges firms to raise compensation
Economic Survey highlights AI's potential and challenges to future of work in India
Economic Survey 2023-24: Why India’s march to ‘Viksit Bharat’ will be more difficult than China’s rise
Economic Survey says need for 'viable, cost-effective' housing in India
Cashless travel made easy: UPI One World available to all foreign tourists
Third-party dependency in digital lending has risks: RBI dy governor
AI has arrived; harnessing it in a big way in public auditing space, says CAG Murmu
Economic Survey 2023-24
PMS & AIFs could lose investors to new asset class: Experts
GST registration new rules: How businesses can comply with mandatory Biometric Aadhaar authentication
Kerala HC directive to complete selection process for GST Tribunal in four months
CBDT extends tax relief for SWFs, pension funds to March 31, 2025
No plans to allow business houses to promote banks: RBI Governor Das
EY-Assocham report advocates raising e-commerce export ceiling to $50,000
What is the International Centre for Audit of Local Governance, which the CAG inaugurated in Gujarat?
Biggest Indian crypto exchange WazirX hacked, $230 million funds stolen funds
Disclose details of all payments, dues to MSMEs: Govt tells cos
CBIC exempts these businesses from filing GSTR-9 annual return for FY 2023-24
These 10 transactions will be reported as fraud to RBI, as per new rules
Take KYC seriously: RBI’s clear message to fintechs
Sebi proposes new asset class for risk takers
Fraud detection framework: Quant MF affair triggers rush to apply new rules
Irdai imposes penalty of Rs 2 crore on Bajaj Finance, Aegon Life Insurance
Banks look to form their own self-regulatory body for fintechs
Govt implements uniform 5% tax for all aircraft, aircraft engine parts
Defaulting borrowers should be heard before being declared 'fraud': RBI
Irdai may consider implementing risk-based supervision model: Keki Mistry
Increasing TDS/TCS entries irk taxpayers
Govt proposes mandatory labelling for bulk pre-packaged commodities
Tax authorities bowl a GST googly to AIFs
ICAI to establish Section 8 company for mediation, arbitration activities
CBIC issues fresh norm for recovery of GST dues
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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
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