Weekly Newsletter - March 19, 2025
Latest additions to CAalley:
News Update:
Acts & Regulations:
Useful Forms:
Income Tax Return Forms & Utilities for AY 2024-25
CA's Referencer:
Legal Updates:
News Update:
Irdai adds more members from diverse sectors to its advisory committee
Life after Bajaj: Allianz fast tracks plans of new alliance with Jio Financial
RBI 'passively' absorbing dollar inflows over past sessions, say traders
NPCI's international arm partners with Singapore firm to expand UPI
Gratuity payment: Quitting your job before 5 years? You can still get gratuity; know how
Sebi clears Korean major LG’s mega IPO
PhysicsWallah files draft papers for Rs 4,600 crore IPO
Sebi slaps ₹ 20 lakh penalty on 4 entities for indulging in non-genuine trades
CBDT invites stakeholders' input for drafting I-T rules and related forms
Taxpayer must prove land's agricultural status for capital gains relief: HC
RBI, Bank of Mauritius sign pact to use local currencies in bilateral trade
CCI raids ad giants GroupM, Dentsu and broadcasters body over price collusion: Sources say
CBDT permits tax offence settlement through compounding under revised rules
NPCI looking to stop cons ‘pulling’ a fast one via UPI
Perform or perish: RBI Guv Sanjay Malhotra to banks on customer service
Over 4.68 lakh taxpayers filed ITR for income over ₹1 crore till Feb 28, shows latest data
Daily wage worker gets Rs 22.86 lakh GST notice in identity theft case
Banks wrote off bad loans worth Rs 16.35 trillion in last 10 years: Govt
Bank operations likely to take a hit on March 24th, 25th as union calls for a protest
Govt to bring Digital Competition Bill after due process: Harsh Malhotra
New India Bank case: Accused surrenders before EOW; six arrested so far
CBDT clarifies exemptions from principal purpose test in double taxation avoidance agreements
After popcorn, now turn of donuts to get afflicted by 'GSTitis'
New TDS rules from April 1, 2025
Income Tax Bill: Lok Sabha panel weighs expanding 'accountant' definition
ICAI may review IndusInd Bank's financials amid recent discrepancies
Amid IndusInd fallout, RBI examines derivatives exposures of some banks
ED files plaint against 24 in Rs 2,467 crore credit society fraud case
KPMG global AI in finance report
PCAOB Sanctions PwC Singapore for Violations of PCAOB Rules and Quality Control Standards
Acts & Regulations:
Master Direction – Export of Goods and Services (Updated as on March 17, 2025)
Useful Forms:
Income Tax Return Forms & Utilities for AY 2024-25:
ITR 3 - Excel Utility has been updated
CA's Referencer:
CBDT Guide for Departmental Officers:
Assessment of Charitable / Religious Trusts and Institutions
[Version 1.1]
Legal Updates:
CBDT issues clarification on Circular 01/2025 [Press Release]
Seeks to amend notification No. 02/2017-Central Tax [CGST Notification No.10]
Disclosure of information relating to carry forward of losses in Information Memorandum (IM)
Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade
Framework on Social Stock Exchange (SSE)
SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2025
Servicing to the policyholders – Special Measure for the current Financial Year 2024-25
Seeks to impose provisional ADD on Soft Ferrite Cores from China PR [Notification No.4(ADD)]
Seeks to impose Anti-dumping duty on Vaccum Flasks from China PR [Notification No.3(ADD)]