SEBI’s consultation paper outlines a major review of the 1992 Stock Broker Regulations. Proposals aim to simplify rules, enhance investor protection, and align with modern market practices, covering definitions for algorithmic and proprietary trading, QSB criteria, and inspection powers.
The Gujarat Chamber of Commerce requests an extension for ITR and Tax Audit due dates, citing delays in form utilities and technical issues on the portal.
A CAG audit report on the GST E-Way Bill system reveals issues with tax compliance, revenue protection, and enforcement, with recommendations to improve the system.
The Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has upheld a ruling against a Subway franchisee, M/s Urban Essence, for failing to pass on the benefit of a GST rate reduction from 18% to 5% to its consumers. The tribunal confirmed the anti-profiteering amount of ₹5,47,005 after multiple investigations found the company increased its base prices to offset the tax cut.
The IBBI has amended its CPE guidelines for Insolvency Professionals, raising credit hours to 30 and mandating in-person learning from 2026.
IBBI’s guidelines mandate continuing professional education for insolvency professionals. Learn about annual 30-credit-hour requirement and new in-person learning rules.
