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Archive: 25 February 2025

Posts in 25 February 2025

India Imposes 20% Countervailing Duty on Saccharin Imports

February 25, 2025 267 Views 0 comment Print

India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domestic industry.

RBI Revises Risk Weights on Microfinance Loans

February 25, 2025 288 Views 0 comment Print

The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.

RBI Revises Risk Weights on Bank Exposures to NBFCs

February 25, 2025 585 Views 0 comment Print

RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from April 1, 2025.

BoS Announces CA Exam Success Sessions for CA Final May 2025

February 25, 2025 2829 Views 0 comment Print

ICAI announces BoS Series I & II virtual sessions for CA Final May 2025 aspirants, starting March 24 & April 16. Get expert guidance from top faculty.

ICAI BoS Virtual Sessions for CA Foundation May & Sept 2025 Exams

February 25, 2025 12324 Views 0 comment Print

ICAI announces BoS virtual sessions for CA Foundation May & Sept 2025 exams, starting April 28. Get expert guidance on Accounting, Law, and more.

Mock Test Papers Series I & II for May & September 2025 CA Foundation Exam

February 25, 2025 3519 Views 0 comment Print

ICAI announces CA Foundation Mock Test Series I & II for May & Sept 2025 exams. Tests start April 22 (Series I) & May 5 (Series II) in online & offline modes.

P&H HC Quashes Section 148 Notice issued by AO – Only NFAC Has Authority

February 25, 2025 1464 Views 0 comment Print

Punjab & Haryana HC quashes Section 148 notice issued by jurisdictional AO, ruling that only NFAC has authority under CBDT Circular dated 29.03.2022.

CA Exam BoS Series I & II for CA Intermediate Students: May 2025 Exam

February 25, 2025 1137 Views 0 comment Print

ICAI announces CA Intermediate BoS Exam Series I & II for May 2025 exams. Sessions start March 20 (Series I) & April 8 (Series II) in virtual mode.

P&H HC Quashes Section 148 Notice Issued by AO Instead of NFAC

February 25, 2025 3573 Views 1 comment Print

Punjab & Haryana High Court quashes notice u/s 148 issued by jurisdictional AO, ruling that only NFAC has authority post CBDT Circular dated 29.03.2022.

Businessmen’s Tax Evasion and Impact on India’s Poor

February 25, 2025 1026 Views 0 comment Print

This blog will examine the causes of tax evasion in India, the effects it has on society, and possible remedies to guarantee a more equitable taxation system.

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