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Archive: 04 August 2025

Posts in 04 August 2025

ICAI Signs MoU with IAGES to Strengthen Accreditation in Gold Industry

August 4, 2025 744 Views 0 comment Print

The ICAI has signed an MoU with IAGES to establish an accreditation framework for gold industry partners. The initiative aims to standardize processes and create opportunities for CAs.

SEBI Proposes Changes to Related Party Transaction Rules

August 4, 2025 2679 Views 0 comment Print

SEBI is consulting on amendments to LODR Regulations regarding Related Party Transactions. Proposals include new materiality thresholds and clarifications for subsidiaries.

Policybazaar Penalized Rs. 4 Crore by IRDAI for Regulatory Breaches

August 4, 2025 9720 Views 2 comments Print

The IRDAI has fined Policybazaar ₹3 Crore for regulatory violations, including undisclosed directorships, misleading product rankings, and improper outsourcing payments.

RTI Appeal Against IBBI: Delay in Information Disclosure Violates Section 7(1) Timelines

August 4, 2025 435 Views 0 comment Print

An IBBI First Appellate Authority has disposed of an RTI appeal, criticizing the CPIO for a one-day delay in providing information but noting the response was satisfactory.

GST Paid on Intra-State or Inter-State Supply Later Held Wrong: Refund & Time Limit

August 4, 2025 7011 Views 2 comments Print

Learn about GST refund eligibility under Section 77 of the CGST Act and Section 19 of the IGST Act for tax paid on misclassified intra-State and inter-State supplies.

Key Differences between SME IPO and Mainboard IPO

August 4, 2025 2664 Views 0 comment Print

Learn the key differences between SME and Mainboard IPOs, covering eligibility, regulations, investor base, and compliance requirements for companies and investors.

Phantom Rule: PAN-Linked Mobile/Email OTP Verification for GST – Law vs. Reality

August 4, 2025 1434 Views 0 comment Print

Notification No. 26/2022 requires GST registration to use PAN-linked contacts, but the GST portal has not implemented this rule. This article explains the discrepancy and its implications.

Govt Launches Employment Linked Incentive to Boost Manufacturing Jobs

August 4, 2025 1068 Views 0 comment Print

The ELI Scheme, a new government initiative, offers Rs. 99,446 crore in incentives to both employees and employers to boost formal job creation, especially in the manufacturing sector.

Ad-Hoc Disallowance of 90% Expenditure Quashed by ITAT Delhi

August 4, 2025 618 Views 0 comment Print

ITAT Delhi overturns an AO’s ad-hoc disallowance of 90% of revenue expenses for a real estate company, upholding the use of the Percentage of Completion Method and ICAI’s accounting standards.

How to Establish a Branch Office in India by a Foreign Company: Step-by-Step Guide

August 4, 2025 2019 Views 1 comment Print

Learn the process for a foreign company to open a Branch Office in India. This guide covers eligibility, permitted activities, and required compliance steps.

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