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The Income-tax Bill, 2025 & related documents
Indian News
Table of Articles
New GST amnesty scheme notified: Waiver of interest and penalty on GST tax demand for eligible taxpayers to be effective from November 1, 2024
Sebi calls for stricter review of AIF investors
Nearly 50,000 internship opportunities posted on portal: MCA officials
Carbon tax proposed by EU unilateral, arbitrary to hurt India's export: FM Sitharaman
Man declares income of Rs 9.6k, pays tax on Rs 43.5L after US earnings added
SEBI issues show cause notices to over 120 stockbrokers for continued association with algo platform Tradetron: Report
Sebi proposes new rules for sharing for financial market data for research and analysis
Banks, NBFCs not permitted to levy foreclosure charges or pre-penalty on loans to micro and small enterprises: RBI
Growth at any cost approach of some NBFCs would be counterproductive: Das
Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers
RBI MPC meet: UPI Lite per transaction limit hiked to Rs 1,000; UPI Lite wallet limit hiked to Rs 5,000
RBI MPC changes stance to neutral; keeps repo rate unchanged at 6.5%
NFRA aims to adopt best global accounting, auditing standards: Chairman
Sebi specifies checks for AIFs to curb circumvention and ever-greening
Beware of recruitment fraud! Why Infosys is discontinuing issuing job offer letters to new recruits through emails
Consumers can port their health insurance midway: Here is what they must do
India reduces arbitration time for foreign investors in UAE agreement
Sebi extends timeline for social enterprises to submit annual disclosures
Tax dept invites public inputs for I-T Act review to simplify provisions
RBI instructs banks to stop making aggressive bets against rupee: Report
India eases certain conditions for UAE in bilateral investment treaty: GTRI
India-UAE investment treaty implemented from Aug 31, 2024: FM Sitharaman
SFBs knock RBI door as credit-deposit ratio go over 90%
MTNL defaults on repayment of Rs 326cr, SBI declares it NPA
Govt extends term of RBI deputy governor Rao for another one year
CBIC orders immediate de-mapping of retired, transferred officers from GST portal
RBI says banks' group entities cannot be used to circumvent norms
SC lays down ‘functionality’ and ‘essentially’ test for Input Tax Credit eligibility
Supreme Court allows claiming input tax credit on construction expenses
NFRA circular warns against selective application of audit standards
Observed 'gross negligence and audit failure' in audits of GFS: NFRA
NFRA seeks to enforce scalable audit system
91% Indian CEOs want to link rewards, promotions to office attendance: KPMG
Big win for taxman: SC favours tax department in case that will impact fate of 90,000 income tax notices
Sebi reduces trading lot size of privately placed InvITs to Rs 25 lakh
Big auditors now move away from non-audit work
Panel considers lower GST on several mass-use items
DGGI sends 300 notices to cos' top brass over input tax credit
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
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Budget 2025 - Full Coverage
(includes The Finance Bill as passed by Lok Sabha)
Cost of Inflation Index (CII) Table
Income Tax Return Forms & Utilities for
AY 2024-25
Download Income Tax Forms
Download Income Tax eFiling Utilities
Download MCA eForms
RBI Master Circulars / Directions for 2024-25
SEBI Master Circulars / Regulations published in 2024
IRDAI Master Circulars published in 2024
Important Updates
CA's Referencer: NFRA Inspection Report 2023 - M/s Deloitte Haskins & Sells LLP
CA's Referencer: NFRA Inspection Report 2023 - M/s Walker Chandiok & Co LLP
A typo triggers a Rs 40 cr tax demand and four-year ordeal
Failure to deduct tax under Section 194-IA may deem transferee as default
Can you claim HRA tax exemption for society maintenance charges?
Daily Newsletter - March 31, 2025
Income Tax Notification No.23: Amendment in Form 3CD
Income Tax Circular No.5: Order for waiver on levy of interest under section 201(1A)(ii)/ 206C(7) in specific cases
IBBI Circular: Mandatory Use of Baanknet (formerly eBKray) Auction Platform for Liquidation
Customs Notification No.17(NT): Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
Big money rule changes from April 1: Tax relief, UPI deactivation, PAN-Aadhaar impact and more
CBI books case against 5 I-T officials for cheating assessees
PCAOB offers videos on quality control monitoring, remediation
New loan sale rule to give Rs 20k-cr lift to bank profits
IICA, NFRA to offer three-month prog on audit processes for CAs
Just few days before deadline govt amends GST Amnesty Scheme under Section 128A to give relief to these GST registered taxpayers
NFRA highlights audit firms’ weakness, areas requiring improvement
Daily Newsletter - March 28, 2025
CA's Referencer: NFRA Inspection Report 2023 - M/s SRBC & Co. LLP
Income Tax Notification No.22: Notification u/s 295 read with section 194T
CGST Circular No.248: Various issues related to availment of benefit of Section 128A of the CGST Act, 2017
CGST Notification No.11: The CGST (Second Amendment) Rules 2025
5% GST for restaurants with non-specified premises: Finance Ministry
Resolution plan binding even if stakeholder not party to NCLT case: SC
Why SC ruling on GST error corrections is a major relief for businesses
Weekly Newsletter - March 26, 2025
Income Tax Notification No.21: Amendment to provide for safe Harbour Rules u/s 92CB for AY 2025-26
RBI Circular: Gold Monetization Scheme (GMS), 2015 - Amendment
Relief for taxpayers in income tax search and requisition cases as government amends the Finance Bill 2025
Govt discontinues gold monetisation scheme; banks may continue: FinMin
Supplementary FAQs for the Finance Bill, 2025
ICAI FAQs: FAQs on SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (Revised January 2025 Edition)
RBI Circular: Treatment of Right-of-Use (ROU) Asset for Regulatory Capital Purposes
MSME Notification: Revision of Definition of MSMEs
SC allows audit regulator's proceedings against CAs
No tax demand can be raised after resolution plan approval, says SC
RBI Circular: RBI (Financial Statements - Presentation and Disclosures) Directions, 2021: Clarifications
ICAI FAQs: Unique Document Identification Number (Revised in January, 2025)
PCAOB Reference Material: Considerations for Audit Firms Using the Work of Specialists