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Indian News
Table of Articles
Govt to take up with RBI penal charges imposed by bank
Centre considers raising retirement age for public sector bank heads, MDs
NFRA may approach SC over power to probe pre 2018 cases
NHRC wants Irdai to ensure insurers offer health products to disabled
SEBI to ease exit norms for PE/VC funds with illiquid assets in AIFs
EPFO holds talks with Ministry of Finance on reinvesting ETF money
Rates may rise if price spike spreads from food items: Shaktikanta Das
RBI governor Shaktikanta Das asks NBFCs to strengthen governance standards
Stricter disclosure norms for FPIs will come into effect from Nov 1: Sebi
Irdai lowers minimum capital need for foreign reinsurers to Rs 50 crore
No service tax on school bus, rules Appellate Tribunal
India most preferred location for global shared services after Poland and Mexico, says Deloitte survey
SEBI initiates third tranche of distribution of disgorged / recovered amount to investors in the matter of IPO irregularities
IRDA Public Notice: Caution to General Public on un-registered entity by name 'Surety Seven' providing Surety Insurance
Govt extremely disappointed with Moody's report on India's economic outlook
Return excess income tax refund else you may get tax notice
ITC can't be claimed till seller pays tax: High court
Tax tribunal allows capital gain exemption in case of house purchase
RBI raises small value payment transaction limit in offline mode to Rs 500
What is a BRICS currency, and could one be adopted?
First time in 4 years, MFIs overtake banks in microlending with 40% share
CCI brings draft regulations for Settlement and Commitment scheme
New tax regime likely to have attracted 5.5 crore taxpayers in FY24: Report
FinMin, MCA must strive for simplification of processes: Sitharaman
CBI books bank officers, GTIL in Rs 4,000-crore loan fraud case
Govt to launch 'Mera Bill Mera Adhikar' GST reward scheme in 6 states, UTs from September 1
Govt losing revenue due to GST, should be neutral with single rate: Debroy
Banking system's liquidity slips into deficit for first time in FY24
NFRA slaps Rs 1.10 crore fine on three entities in Coffee Day Enterprises subsidiary matter
Delhi HC seeks govt's stand on plea against inclusion of CAs under PMLA
Small GST taxpayers need to keep tabs on demand notices
In AI age, India Inc gets young on board as independent directors
GST reward scheme on anvil; customers can participate in lucky draw
Sebi plans to bring follow-on offer rules for REITs, InvITs
For many fintechs, NBFC tag may be elusive
Income Tax dept operationalises board for Advance Rulings in Delhi, Mumbai
CBDT notifies rules for valuing rent-free homes provided by employers
NFRA Chair says if CFOs and audit committees are careful, frauds can be prevented
Finfluencers Must Disclose Sebi Registration Number, Qualifications On Social Media And Other Platforms: ASCI
Sebi notifies rules to strengthen investor grievance redressal mechanism
Sebi notifies rule; gives board representation to REITs' unitholders
Companies will need to give report on inventory valuation in case of audit
83-yr-old woman, not liable to file tax returns, wins case against fine
RBI allows infra debt funds to raise money via foreign loan route
Infra debt fund NBFCs must have net owned fund of at least Rs 300 cr: RBI
Give fixed rate option on EMI-based loans while resetting rates: RBI
Lenders can impose penalty on defaults only as 'penal charges': RBI
ITAT: 'Carry forward losses if stake rejig is within grp'
Compliance executives face flak over insider trading norms
Finfluencers will require registration or licence from SEBI, IRDAI: ASCI
Familiarise with newer global areas: FM Nirmala Sitharaman to CAs
CBDT issues draft form for biz to report inventory valuation by accountants
RBI launches centralised web portal for searching unclaimed deposits- UDGAM
GSTN seeks firm to prepare roadmap for transitioning IT systems to GST 2.0
Life insurance payouts will be taxable if yearly premium exceeds Rs 5 lakh
Asci puts more onus on financial, health influencers in new ad guidelines
CBDT issues detailed guidelines on taxation of traditional policies
Gaming apps converting earnings to crypto, Rs 700 crore moved out of India, reveals GST probe
Striking a balance: Adani Ports-Deloitte incident puts focus on auditing practices
Online money gaming firms face massive Rs 45,000 crore tax demand after 28% GST levy
MSMEs blame litigation tangle, cost for being a segment killer
I-T officers must follow ITAT order, return Rs 16L seized from lawyer: HC
AI to help chartered accountants deliver high quality audits: ICAI Prez
Sebi disgorgement orders hit SAT wall
Sebi floats consultation paper to review delisting norms; proposed fixed price for voluntary delisting
ICAI merges phase two and three of mandatory peer review, guidelines to impact firms undertaking audit of large unlisted companies
Probe on insurers over, Income Tax department finds alleged tax evasion of Rs 15,000 cr
Rights of citizens will not be compromised whether the data is stored in India or outside: Ashwini Vaishnaw
Companies pay GST twice as suppliers err in filings
MCA allows 1,270 requests from CA, CS bodies to merge user IDs
All employees have a 'right to vent': Madras high court
Sebi to focus on tech; plans Geotagging solution to boost enforcement activities
RBI selects McKinsey, Accenture to use AI to improve regulatory supervision
Sebi levies Rs 60 lakh fine on individual for flouting regulatory norms
Sebi simplifies KYC process, rationalises risk management framework at KRAs
Investors from Mauritius, Singapore, Cyprus under Taxman’s lens for CCD gains
GST registration to be mandatory for gaming operators based overseas
Adani Ports auditor Deloitte to resign following differences over recording of transactions
Your casual digital transaction could lead to frozen bank account, police investigation. Read how
Banks cautious on lending to small businesses despite high demand, low NPAs
Sebi looks to raise threshold of outstanding long-term borrowings for large corporates
Sebi clarifies on 120 untraceable entities in 'difficult to recover' category
Cabinet clears changes to GST laws to levy 28% GST on online gaming, casinos & horse race clubs
No pin needed: RBI raises payment limit on UPI lite from Rs 200 to Rs 500
More clarity on EMIs, tenor: Borrowers can soon switch between floating, fixed loans
Banks to maintain 10% additional CRR from Aug 12 as temporary measure: RBI
You may soon be able to make UPI payments by talking or just tapping phone
RBI Policy: With unanimous vote, MPC keeps repo rate unchanged at 6.5%
SEBI sends 'warning letter' to Infosys on updation delay
Govt mulls options to impose carbon tax on some imports
Sebi halves listing timeline to 3 days post IPO closure
Sebi mulls guidelines for managing unclaimed funds of clients
PwC resigns as auditor of Paytm amidst ‘changes’ in holding company's auditors
Sebi slaps Rs 20 lakh fine on 4 individuals for non-genuine trades
Govt now selective in levying dumping duty
Niti Aayog looking at tax related issues of engineering, leather, textile industry
Exporters seek amnesty scheme on IGST refund issues
CAG asks FinMin to put in place online Customs refund system for efficiency
Post Supreme Court ruling, banks turn wary of declaring accounts as 'wilful default'
Companies Act: Kolkata leads in withdrawal of cases
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Budget 2024 Update
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AY 2024-25
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RBI Master Circulars / Directions for 2024-25
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RBI, Maldives Monetary Authority sign pact to promote local currency use
Income Tax Notification No.6/2024: Specifying Forms prescribed in Appendix-II of the Income Tax Rules 1962, to be furnished electronically under sub-rule (1) and sub-rule (2) of Rule 131
Customs Circular No.26: Clarifications on the applicability of concessional duty under IGCR Rules, 2022 in certain instances
SEBI Circular: Withdrawal of Master Circular on issuance of NOC for release of 1% of Issue Amount
SEBI Circular: SEBI (Alternative Investment Funds) (Fifth Amendment) Regulations, 2024
FASB Draft: Financial Key Performance Indicators for Business Entities
IFSCA Consultation Paper: Proposed IFSCA (Capital Market Intermediaries) Regulations, 2024
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FRC Reference Material: Technical Actuarial Guidance (technical guide regarding use of AI) - Models
IFRS Exposure Draft: Accounting Standard Provisions - Targeted Improvements
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Income Tax Circular No.17: Condonation of delay u/s 119(2)(b) in filing of Form No. 10-IC or Form No. 10-ID for AYs 2020-21, 2021-22 and 2022-23
IBBI Discussion Paper: Review of Grievance Redressal and Enforcement Framework and Rationalisation of Timelines Regarding Authorisation for Assignment
SEBI Consultation Paper: Review of SME segment framework
Majority of corporates want government to enable real-time reporting for audit: Deloitte
GST Notification No.26: Extension of due date for filing of return in FORM GSTR-3B for the month of October, 2024 for the persons registered in the state of Maharashtra and Jharkhand
IT Ministry finalising voluntary code of conduct, ethics for AI companies
GST Appellate Tribunal to start operations by the end of FY25: Revenue Secy
Daily Newsletter - November 18, 2024
Income Tax Circular No.16: Condonation of delay u/s 119(2)(b) in filing of Form No. 9A/10/10B/10BB for AY 2018-19 and subsequent years
ITR 2024: Declare foreign assets by Dec 31 or face Rs 10 lakh fine
GST Advisory: Important advisory on GSTR 2B and IMS
Treatment of Income from Different Sources - For AY 2025-26
PCAOB calls off NOCLAR standard for this year
Daily Newsletter - November 15, 2024
Customs Notification No.80(NT): Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
Tax tracker on property owners with builder deals; I-T dept told to identify capital gains evaders
Income Tax - Various Threshold Limits - AY 2025-26
Tax rates as per IT Act vis a vis Tax Treaties
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PCAOB Debuts ‘Audit Focus’ Series for Auditors of Small Public Companies
NFRA’s revised norms could lead to audit market concentration: ICAI
Sebi study uncovers alarming trends in royalty payments at listed companies
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