Learn about the Ministry of Corporate Affairs’ (MCA) stance on shell companies, CSR impact assessments, and how existing laws incorporate ESG principles for corporate accountability.
The MCA details the removal of 4,688 non-operational companies in Jharkhand and highlights reforms like the CRC and C-PACE to simplify business processes.
The NFRA has issued disciplinary orders, conducted audit quality reviews, and published inspection reports to improve corporate audit quality and prevent regulatory lapses.
A summary of government and ICAI efforts to gain professional recognition for Indian Chartered Accountants in the UAE and GCC region, including MoUs and diplomatic engagement.
A summary of government agencies’ efforts to curb black money, including search operations, tax assessments under the Black Money Act, and international agreements.
A Rajya Sabha question addresses varied GST rates on similar products. The government confirms a GoM is reviewing rate rationalization but has yet to submit a report.
The Ministry of Finance reports on an increase in GST fraud cases, revealing new measures like e-invoicing and biometric verification to combat fake firms.
A summary of India’s direct tax collections from 2020-2025, detailing collections against budget estimates, the impact on fiscal targets, and ongoing reforms to expand the tax base.
ITAT Hyderabad held that issuance of reassessment notice u/s. 148 and 148A of the Income Tax Act after 01/04/2021 without obtaining approval from the specified authority as per amended provisions of section 151 is invalid and liable to be quashed.
This summary details NFRA’s audits and reviews from 2019 to 2025, its stakeholder engagement, complaint resolution processes, and its current jurisdiction.
