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Indian News
Table of Articles
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
UPI users can now send Rs 5 lakh for some transactions
RBI Guv Shaktikanta Das signals no policy change despite dip in inflation
DoEA notifies Foreign Exchange (Compounding Proceedings) Rules, 2024 in pursuance of Union Budget 2024-25 announcement
CCI investigation finds Amazon, Walmart's Flipkart breached antitrust laws
SC to decide fate of DRI tax notices going back 18 years
Big Five take corrective steps after NFRA’s inspection
Sebi considers new stricter rules to curb risks as tiny IPOs boom
Finance ministry allows GST deductions to dealers on demo vehicles
Centre brings elders over 70 years under ambit of Ayushman Bharat scheme
Time for fintech NBFCs to revisit business models, says India Ratings
Sebi tweaks margin trading facilities' framework to ease collateral burden
Lawyers in Jharkhand to get Rs 5 lakh medical insurance
Tax on EPF withdrawals: Know what rules say about deduction, exemption
Govt backs disclosures for credit card, e-transactions
Digital cos with 10% India users need CCI nod for mergers & acquisitions
RBI slaps penalties on Axis, HDFC Bank for non-compliance with directives
GST tweak on commercial rentals to bring higher revenue for govt: Experts
M&A deal value of over Rs 2,000 crore comes under Competition Act
GST council's nod on exempting research grants victory for nation: Atishi
Sebi lifts restrictions on 16 entities in Infosys insider trading case
India fine tuning FTAs with countries to suit domestic industry: Prasada
Recommendations during 54th meeting of the GST Council [Press Release]
SBI Life Insurance fined Rs 1 crore for regulatory violations; Irdai asks insurer to adhere to rules to settle death claims
Tax on helicopter services for religious travel down at 5%: Uttarakhand FM
Tax terrorism? A storm brewing in India’s academic circles can't be taken for granted
Sebi is set to relax entry rules for financial planners. Can you rely on your financial adviser?
ICAI sets up 16-member group on SA600 changes
FM Sitharaman-led GST Council meet begins; Here are the key expectations
CBI arrests Mumbai CGST officer, two others ‘who confined businessman for 18 hours over Rs 60-lakh bribe’
Payments companies BillDesk, CCAvenue handed GST bill for transactions below Rs 2,000
Proof of land: Indian exporters have a new headache
Income tax refund delayed? These taxpayers won’t get refund unless they confirm it on ITR portal
Sebi to tighten derivative rules to increase barriers despite pushback
Irdai halves time to settle death claims by insurers
Irdai asks insurance companies to integrate IT systems with Digilocker
Many states wary of lower GST on health, life covers
Piyush Goyal for border adjustment tax to safeguard steel industry
FM Sitharaman denies 'friction' in Centre-State ties over GST reform
Withdraw your pension from any bank in India from Jan 1: Here's how
New rules for Small Savings Schemes: PPF to SSY changes effective Oct 1
ISA 600 dispute: NFRA, ICAI can find common ground, says official
Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex
How to use new electronic system to resolve Income Tax disputes
Interest equalisation scheme for exporters extended for another month
SEBI officials accuse leadership steered by Madhabi Buch of ‘toxic, humiliating’ work culture: Report
Assam Police uncovers ₹2,200 cr scam; CM warns against fraudulent online investments
Banks ready list of 3,000 entities involved in fraudulent practices
India’s audit penalties are among the world’s lowest. That could change.
GST on insurance premiums: Karnataka in favour of exemption on products used by working class
FinMin to develop climate finance taxonomy in 6-10 months, says Ajay Seth
To facilitate taxpayers in invoice matching, GSTN to launch IMS from Oct 1
Finance ministry to sell 6.78% stake in GIC Re for Rs 4,700 crore
Mis-selling of life insurance policies at alarming level, says Irdai
Sebi working on simplified rules for foreigners investing in govt bonds
New notices for GST on transfer of leasehold land stir real estate concerns
No income tax rebate u/s 87A despite total income below Rs 7 lakh in these cases
48% tax on hybrid cars, 5% on electric to continue for 'long time': Kant
Use digital for efficiency, not undue risks: RBI
Rs 250 mutual fund SIPs, single-bourse disclosures for companies soon: Sebi chief
SEBI study shows 54% of IPO Shares allotted to Investors (excluding anchor investors) are sold within a week
Eye on FDI, Centre to ask state govts for investment-friendly reforms
Three key changes in September that can impact your GST return filing
Lead auditors to face the heat for group lapses. Small audit firms are fretting
Gig workers to be soon registered on e-shram portal: Mandaviya
NFRA-ICAI tussle over key audit standard overhaul: CA Institute Council to meet on Sep 17 to discuss future strategy
Sebi removes over 15,000 finfluencer content in crackdown on unregulated entities
Sebi cancels registration of 39 stock brokers, 7 commodity brokers
Sebi revises eligibility criteria for entry, exit of stocks in F&O segment
Sebi amends rules to regulate influencers
FM Nirmala Sitharaman approves 'Navratna' status for four CPSEs
Develop mechanism to notify members on deductions: Mandaviya directs EPFO
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Budget 2024 Update
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Income Tax Return Forms & Utilities for
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 - November 22, 2024
SEBI Circular: SEBI (Buy-Back of Securities) (Second Amendment) Regulations, 2024
New PwC assurance leader works to improve audits
UPI 123Pay transaction limit doubles to Rs 10,000 for feature phone users
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
German cache lands on I-T browser; data on over 1,000 Indians with Gulf homes sent
Weekly Newsletter - November 20, 2024
Daily Newsletter - November 20, 2024
FRC Reference Material: Technical Actuarial Guidance (technical guide regarding use of AI) - Models
IFRS Exposure Draft: Accounting Standard Provisions - Targeted Improvements
GST audit report in Maharashtra will be issued offline; know what steps to take to avoid future litigation
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
Gold & Silver Rates
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
Weekly Newsletter - November 14, 2024