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Issue GSTAT FAQ as Filing Procedures Continue to Cause Confusion: MGATBA

June 4, 2026 3048 Views 1 comment Print

Practitioners are reportedly following different methods while completing GSTAT appeal forms because of inadequate guidance. The representation calls for a uniform approach supported by detailed instructions and examples.

Information Systems Audit – Assessment Test (ISA – AT), 25th July 2026

June 4, 2026 16161 Views 0 comment Print

ICAI has notified the Information Systems Audit (ISA) Assessment Test for 25 July 2026 in CBT mode. The announcement specifies eligibility conditions, examination centres, application dates, and fee details for registered ISA Course members.

India Secures Duty-Free Access for 99.38% Exports Through India–Oman CEPA

June 2, 2026 318 Views 0 comment Print

The India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required procedures. The agreement provides extensive market access across goods, services, investment, and professional mobility.

Portfolio Investment Positions by Counterpart Economy (formerly CPIS) – India: FAQs

June 2, 2026 780 Views 0 comment Print

RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Investment Positions survey. The FAQs aim to improve the quality and consistency of cross-border investment data reporting.

SEBI Proposes Review of Framework for Calculation of Net Distributable Cash Flows for InvITs

June 1, 2026 1032 Views 0 comment Print

Following representations from the Bharat InvITs Association, SEBI has proposed amendments to NDCF computation rules. The draft includes safeguards such as unitholder approval and enhanced disclosures.

DFS Launches Common Landing Portal for Unclaimed Financial Assets

June 1, 2026 1302 Views 0 comment Print

The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, shares, and mutual funds. The key takeaway is that citizens can now access multiple search facilities through a single platform.

CCI Proposes Amendments to CCI (Commitment) Regulations, 2024

June 1, 2026 315 Views 0 comment Print

The Competition Commission of India has proposed amendments to address administrative and procedural issues identified during implementation of the commitment framework. The changes seek to improve certainty, transparency, and efficiency in commitment proceedings.

MCA Expands CSR Scope by Allowing Investment in Social Stock Exchange Instruments

May 30, 2026 1089 Views 0 comment Print

The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity. The amendment creates a new avenue for funding public welfare projects through Social Stock Exchange-listed NPOs.

IBC resolution process facilitated realisation of over ₹4 lakh crore for creditors

May 29, 2026 309 Views 0 comment Print

The Ministry of Corporate Affairs highlighted that the IBC resolution process facilitated creditor recoveries exceeding ₹4 lakh crore by March 2026. The milestone demonstrates the Code’s effectiveness in maximizing value and improving insolvency outcomes.

Empanelment: Indian Overseas Bank for Concurrent Audit

May 28, 2026 178706 Views 47 comments Print

Indian Overseas Bank invites applications from eligible CA firms for concurrent audit empanelment for 2026-27. Apply online by June 10, 2026.

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