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The Income-tax Bill, 2025 & related documents
Indian News
Table of Articles
FSDC discusses need for more early warning indicators for economy
Reserve Bank of India imposes penalty worth Rs 1.75 crore on HSBC
FSDC for special drive to help people get unclaimed deposits in banks
Home buyers likely to get some relief from insolvency proceedings
Common GST audit norms for Centre and states from this fiscal
Over 30,000 I-T pleas for condoning ‘delayed returns’ pending
SC: ‘Profit attribution to India operations of foreign company is question of fact’
India asks European Union to recognise its carbon credit trading scheme
Prickly heat powder is a cosmetic; to face higher tax: SC
Irdai proposes to tighten norms for media campaigns by insurers
GSTN defers implementation of e-invoice reporting time limit by 3 months
Live streaming of court proceedings has flipside, judges need to be trained: CJI Chandrachud
Age factor: Indian companies looking for younger independent directors
IBBI seeks public comments on regulatory framework under insolvency law
Sebi shocker for law firms handling IPOs
Sebi comes out with testing framework for IT systems of stock exchanges
Taxmen to conduct two-month special drive to weed out fake GST registrations, identify masterminds
GSTN advises taxpayers to plan return filing, invoice uploading to avoid last-minute rush
Chartered Accountants Become Reporting Agencies After Tweak In Anti-Money Laundering Law: Report
SC: Homoeopathic hair oil entitled to lower tax rates
'Sebi to tell brokers, funds to limit use of financial influencers'
Dealing with EU's carbon tax is high on the agenda: DGFT
FinMin allows 22 finance cos to undertake Aadhaar-based client verification
Here's how banks are coping with surge in cyber attacks, phishing, fraud
India considering allowing foreign investment in nuclear power industry
CA, CS handling client money in PMLA ambit; FinMin notifies rules
RBI updates KYC instructions on wire transfers for banks, institutions
Additional 1.16% contribution for pension fund to come from employers: Govt
India should introduce carbon-pricing system
CBDC more environment friendly than other cashless modes: RBI report
Supreme Court paves way for prosecution of 2 ex-IL&FS audit firms
Performance linked incentive for MF industry to garner more investments, says SEBI official
Irdai proposes guidelines for remuneration of core team of private insurers
No priority for worker dues after liquidation under IBC
MahaRERA issues show-cause notice to chartered accountants
EPFO extends deadline to apply for the higher pension to June 26
Professionals under the scanner for unethical conduct
Govt. amends offshore mining law to encourage private mining
Govt mulls making Indian Patent Act more research friendly, private sector urged to spend on R&D
Go First airline files for bankruptcy at National Company Law Tribunal
Five, including CA, arrested for cyber frauds
GST-registered consumers can approach AAR bench
Go green, earn green: India’s 1st Green Credit scheme to reward eco-friendly actions by individuals, industries
New GST rules in effect from today for businesses with turnover of over ₹100 crore. Details here
State-run banks likely to launch special drive to recover written-off loans
FinMin wants PSBs to enhance recovery rate from written-off accounts to 40%
As risks loom, RBI asks banks not to increase exposure to unsecured loans
New Sebi rule from today: A ban that’s a boon in many ways
Tax notices to MNCs over salaries paid to expat employees
Start automated GST scrutiny, FM Sitharaman tells CBIC
Irdai asks insurance cos to lay down social media guidelines for employees
Taxmen cannot ignore ‘brazen misuse’ of laws: Finance minister Nirmala Sitharaman
Startups oppose separate law on digital markets
Govt. to revamp patenting process: Sanjeev Sanyal
India-UAE agreement: Easier norms for gold import on the anvil
India wants non-financial assets included in OECD info exchange framework
Rs 11 crore seized in income tax searches on steel company
NFRA examines proposals on new standard for accounting of insurance contracts viz. Ind AS 117
LIC front-running case: Sebi bans three individuals, two entities from stock market
ITAT: Tax relief on builder-paid rent in redevelopment projects
RBI removes restrictions on individuals from opening interest-earning FCAs
Coffee Day audit lapses: NFRA slaps Rs 1.15 cr fine on 2 auditors, 1 audit firm
FinMin considering classifying online games as games of skill, chance
Sebi crackdown on fake Telegram channels; Rs 5.7 crore penalty on 3 entities for ‘pump & dump’ stock tips
SC asks tax tribunals to ensure appeals are e-filed
Eligibility standards may be prescribed: Govt mulls size threshold for auditors of large firms
Mattresses supplied to school hostels not exempt from GST: Tamil Nadu AAR
High-balance bank accounts without updated KYC under govt's radar
Sebi bars brokers from creating bank guarantees with client funds
Sebi asks AMCs to file final offer documents digitally
SC’s decision on reassessment under I-T Act in absence of incriminating evidence is mixed bag: Experts
RBI imposes Rs 44 lakh penalty on 4 co-operative banks for violation
Government not against “flash sales,” but will not tolerate “cheating” on e-comm platforms: Piyush Goyal
Personal income tax to GDP ratio surges, indicating rise in taxpayer base
Incriminating material must for any addition to taxable income: SC
RBI's wider NDF access may require foreign exposure proof: Bankers
Sebi recommends cancelling registration of eight AIFs
Governors must assent or send back bills ‘as soon as possible’: Supreme Court
Allow foreign currency transactions in country via RBI: Consultants & service providers urge govt
Don’t account on ChatGPT
I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe
UIDAI, NPCI to set up eKYC aggregator, fin entities to gain
Starting this FY, companies must maintain audit trail
GST evasion: Taxmen using data analytics to identify 'missing link' in supply chain
NFRA imposes fine, debars auditors for 3 yrs for professional misconduct, other lapses in audit of SRS Ltd
Competition law changes: CCI to start public consultations on Regulations
RBI looks askance at co-lending arrangements
No proposal to regulate finfluencers, clampdown on ponzi apps in works: FM
HC can decide on transfer pricing litigation, rules SC
India Inc should prepare for a national carbon market
Sebi plans to allow mutual funds with performance-based fees
New customs interface “moving towards normalcy”, claims CBIC
Sebi bans Care Ratings' former MD & CEO Rajesh Mokashi for manipulating rating process
Audit intricacy, access to talent make splitting audit-non-audit biz tough
ICAI focuses on enhancing audit quality
New ICAI president says emphasis on blending new age thinking with traditional approach
ICAI to widen peer review process for auditors: Talati
Auditors Not Expected To Look At Every Single Invoice, Transaction: ICAI President
Tax treaty rate cannot override dividend distribution tax rate: I-T tribunal
RBI to meet board members of PSU banks to address ethics issues on May 22
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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
2025-26
SEBI Master Circulars / Regulations published in 2024
IRDAI Master Circulars published in 2024
Important Updates
Weekly Newsletter - April 2, 2025
Daily Newsletter - April 2, 2025
IRDAI Circular on Cyber Incident or Crisis Preparedness
SEBI Circular: Relaxation of provision of advance fee restrictions in case of Investment Advisers and Research Analysts
IFSCA FAQs: SEZ Compliance FAQs Booklet
Japan to give crypto assets legal status as financial products: Report
RBI Master Circulars / Directions for 2025-26
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