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Indian News
Table of Articles
Finance ministry releases new norms for handling delayed tax refund claims
Mere issuance of SCN not enough to cancel GST registration, rules Delhi HC
Explained: New rules for same-day stock settlement and impact on investors
NCLT president seeks more manpower to speed up bankruptcy cases
Govt announces 3 new external members ahead of key RBI MPC meet
Market regulator Sebi rolls out 6 measures to rein in F&O speculation
Govt notifies Apr 1, 2025, as sunset date for GST anti-profiteering
TDS deposit rules for employers relaxed from Oct 1, 2024: Does this put employee's TDS credit at risk?
No new anti-profiteering investigations under GST from April 1, 2025
Life cover policyholders stand to gain as new surrender value norms kick in from Oct 1
Sebi slaps Rs 12 lakh fine on NSE Data And Analytics
Small savings rates unchanged for Oct-Dec quarter: PPF gives 7.1 % interest
RBI urges gold loan firms to monitor portfolios following lapses
Sebi board gives approval for new asset class, MF Lite regulations
Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax laws
ICAI establishes group to address stress management following EY employee’s death
After Sebi, Parliament committee to conduct CCI's performance review
I-T raids on loan agent raise kickback concerns
Govt considering foreign investment regulatory mechanism for FDI supervision
GST relief: No need to pay interest and penalty on GST tax demand; conditional waiver from November 1, 2024
Sebi plans half-yearly disclosures for direct plan mutual fund schemes
SFBs should be vigilant, proactive to mitigate risks: RBI deputy guv
GST Council forms GoM on compensation cess; report expected by Dec 31
Sudden impact: Big 4 audit firms set new terms of engagement after EY worker's death
NSE defers T+0 rolling settlement cycle until further notice
Debt securities listing time cut to T+3
Sebi likely to introduce MF-Lite regulations for passive funds: Madhabi Puri Buch
IBBI amends rules to enhance creditor representation in insolvency process
India climbs to 39th rank in the Global Innovation Index 2024
Sebi amends rules, introduces fixed price process for voluntary delisting
GSTN clarifies on validity of notices, orders without digital signature of taxmen
GoM on GST on health, life insurance premium to meet on October 19
Sebi set to tighten F&O rules to rein in speculative trading
CAG plans to develop its own AI for fast writing of audit reports
I-T dept accuses Hinduja Global Solutions of Rs 2,500 crore tax evasion
All GST apex tribunals by November-end
Measures by MCA to address concerns and guide stakeholders for compliances on MCA21 Portal
Claimed 87A tax rebate for STCG in your ITR? You may get tax demand notice
SC discarded 573 tax cases post-revision in appeal filing: Finance ministry
GoM meeting in Goa: No consensus on GST proposals for real estate sector
Govt extends import regime for IT hardware products till December 31
Sebi board may approve new asset class, MF Lite framework on Sep 30
GST officers detect 10,700 bogus firms, over Rs 10K crore evasion
EY India employee death: Probe finds firm lacking labour welfare permit
Stress needs an audit too: Tragic death of EY employee sparks concerns over intense work pressure & client demands
Sebi probes six local investment banks over handling of small IPOs
Anil Ambani's son Jai Anmol Ambani slapped with ₹1 crore fine by Sebi in Reliance Home Finance case
Two-day GST Summit in Goa: GoM to review tax rates for 100+ products
New group audit norms to cover a wide spectrum of economic value
Tata Sons gets big Rs 1,500 crore tax relief in years-old Docomo deal
Sebi expands mutual fund investment options with Credit Default Swaps
NCDRC orders SBI to pay Rs 97 lakh as compensation for fraud
GoM on GST rate rationalisation to discuss slab, rate tweaks on Sep 25
Majority say they will stop using UPI if transaction fee levied: Survey
Finance Ministry urges DRTs, banks to expedite loan recovery processes
Loss-making MNCs liable to pay tax on India setup
NBFCs diversify funding sources amid increased lending risk weights
EY employee death fallout: Deloitte forms 3-member committee to review people practices
ICAI calls for a pause in audit standards revision process by NFRA
500 non-existent firms claimed bogus GST refunds; two more arrested
Drive to identify bogus GST registrations underway
NFRA debars CA Santosh Deshmukh for one year citing serious audit irregularities at Sanwaria Consumer Ltd
Direct tax Vivad se Viswas Scheme 2024 to be operational from Oct 1
RBI lifts gold loan curbs on IIFL Finance
Supreme Court rejects telcos' plea to recalculate Rs 1L crore dues
India to adopt nuanced approach to deal with at risk NPOs after FATF report
Sebi modifies framework for valuation of AIFs' investment portfolio
CCI can appoint agencies to monitor implementation of its orders
CCI's M&A overhaul: Stricter scrutiny, faster approvals under new rules
FATF lauds India's anti-money laundering, terror financing measures
CBDT revises tax appeal limits to ₹60 lakh, ₹2 crore, ₹5 crore to streamline disputes, reduce litigation
FY26 Budget-making process to start in second week of October
Will lot of taxpayers miss the tax audit report deadline due to this glitch on the ITR e-filing portal?
Govt probing allegations by EY employee's mom about firm's work culture
EY staffer's death puts focus on work stress
NPS Vatsalya: Your child can get more than Rs 10 crore on retirement
US Fed cuts interest rates by 50 bps in a first since 2020: Why it matters for India
IRA, SEBI unveil data benchmarking institutions for REITs
Sitharaman launches NPS Vatsalya, parents can open pension a/c for children
Now, withdraw up to Rs 1 lakh from your PF, even within 6 months of joining
Fears over proposed revamp of audit standards misplaced: NFRA
Tupperware Brands files for bankruptcy as company seeks 'strategic alternatives'
AI for MSMEs: Bridging the gap between technology and business goals is important
Big defaulters may bypass courts to let banks win
IBBI chief asks insolvency professionals to be transparent to improve bids
Dispute over food GST: Gujarat High Court rules in company's favour
NFRA issues revised audit standards for public input to align with ISA 600
New UPI Lite feature! Soon your UPI Lite balance will be topped up automatically - here’s how it will work
No tax rate reductions for old regime, clarifies Nirmala Sitharaman
Rs 1 cr penalty on HDFC Bank: How to protect yourself from recovery agents
Foreign banks in regulatory standoff seek RBI relief on trading rules
PM launches IFSCA’s Single Window IT System
RBI plans to revamp currency management infra to cater to future cash needs
Record Rs 81,875 crore GST evasion detected in online gaming in FY24
GST Council forms GoM to review tax rate on insurance; report by Oct 30
Inter-dept panel may be set up to ensure compliance by online gaming platforms
Byju's bankruptcy ruling in US comes as a surprise for Indian officials
RBI imposes penalty on BNP Paribas, 3 others for compliance lapses
Postal dept to assist pensioners in submitting digital life certificate
4 GST officials held for conducting fake raid, extorting Rs 1.5 crore from Bengaluru businessman
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Important Updates
Daily Newsletter - January 24, 2025
GST Advisory: Business Continuity for e-Invoice and e-Waybill Systems
Central Excise Notification No.1(NT): Re-assignment of Central Excise and Service Tax appeals filled on or after 01.07.2017
PCAOB Investor Panel Calls for Better Critical Audit Matters; Will Seek Nominations for Best Disclosures
CBIC notifies rules for entities to get temporary GST identification number
GST late fee waiver: Last opportunity to avoid GST notice due to non-filing of GSTR-9C
CGST Notification No.8: Waiver of late fee for GSTR-9 and GSTR-9C in specified cases
CGST Notification No.7: The Central Goods and Services Tax (Amendment) Rules, 2025 - Insertion of Rule 16A & substitution of Form GST REG-12
ICAI Exposure Draft: Guidance Note on Audit of Banks (2025 Edition)
Income Tax Circular No.1: Guidance for application of the Principal Purpose Test under India's DTAAs
GST Advisory: Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR 1A
DGFT Circular No.11: EPCG Scheme - Relief in Average EO in terms of para 5.17(a) of HBP of FTP, 2023
RBI MPC member bats for two inflation rates for better policy making
Weekly Newsletter - January 22, 2025
Daily Newsletter - January 22, 2025
CBDT clarifies past investment from Mauritius, Singapore, Cyprus will not be reopened for scrutiny
ICAI Announcement: Deferment of Phase III and IV of Peer Review Mandate
Income Tax Notification No.9: The Income-tax (First Amendment) Rules, 2025
Alimony and Income Tax: Is ex-wife liable to pay income tax on settlement amount received from husband in a divorce case?
Income Tax Notification No.8: Order under Direct tax Vivad se Vishwas Scheme 2024 for eligibilty cases pending as on 22.07.2024
Sebi to start pre-listing trading in IPO to curb grey market activity: Buch
Wrong EPF member ID linked to your UAN? Here is how you can delink it
SC upholds Rs 1,600 crore tax refund for Vodafone Idea, dismisses SLP
Has RBI prohibited the use of black ink for writing cheques? Govt clarifies
Daily Newsletter - January 20, 2025
Customs Notification No.3(NT): Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
RBI FAQs: Reset of Floating Interest Rate on EMI based Personal Loans
PCAOB puts focus on journal entries
Daily Newsletter - January 17, 2025
GST Notification No.01/2025-Compensation Cess(Rate)
8 GST Central Tax (Rate) Notifications
8 GST Integrated Tax (Rate) Notifications
8 GST Union Territory Tax (Rate) Notifications
RBI Circular: Prevention of financial frauds perpetrated using voice calls and SMS
SEBI Circular: Disclosure of Risk adjusted Return - Information Ratio for Mutual Fund Schemes
GST officers must provide written grounds of arrest under new guideline
'Unease' of doing business in India: Bureaucracy pushes factory costs up
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Third Amendment) Regulations, 2025
Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Fifth Amendment) Regulations, 2025
Foreign Exchange Management (Deposit) (Fifth Amendment) Regulations, 2025
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Weekly Newsletter - January 15, 2025
Daily Newsletter - January 15, 2025
Many Auditors Are Still Married to Their Excel Spreadsheets, Report Finds