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Archive: 26 August 2025

Posts in 26 August 2025

Companies Act, 2013 Not Applicable in Sikkim

August 26, 2025 1761 Views 0 comment Print

The Companies Act, 2013 does not apply in Sikkim due to pending consultation with the state government, keeping the Sikkim Registration of Companies Act, 1961 in force.

Jan Vishwas Bill, 2025: 288 provisions decriminalised across 16 Acts

August 26, 2025 1029 Views 0 comment Print

The Jan Vishwas (Amendment of Provisions) Bill, 2025 has been introduced to decriminalize 288 provisions across 16 Central Acts for ease of doing business and living.

Government Initiatives for Start-up Registration

August 26, 2025 753 Views 0 comment Print

The Ministry of Corporate Affairs details new initiatives, including digital forms and a Central Registration Centre, to simplify and speed up company and start-up registration.

Fraudulent Pump-and-Dump Schemes In Securities Market

August 26, 2025 816 Views 0 comment Print

SEBI uses surveillance, investor education, and enforcement actions to combat fraudulent pump-and-dump schemes, imposing significant penalties and disgorgement orders.

Fraudulent GST Registration using forged or stolen PAN & Aadhaar

August 26, 2025 1038 Views 0 comment Print

The Ministry of Finance reports on fraudulent GST registrations, detailing the scale of tax evasion and the measures being implemented to prevent fraud.

WHO Urges Higher Taxes on Sugary Drinks, Alcohol

August 26, 2025 450 Views 0 comment Print

This summary explains that the World Health Organization (WHO) is urging countries to raise taxes on sugary drinks, alcohol, and tobacco to improve public health.

Delay in filing From 67 is only procedural lapse: Madras HC

August 26, 2025 786 Views 0 comment Print

While so, the 2nd respondent sent a communication to the petitioner dated 14.05.2020 stating that relief under Section 90 of the Act i.e. Foreign tax credit was not considered, for the reason that Form 67 was not submitted along with income tax return.

GST Collection in Dadar and Nagar Haveli, Daman and Diu

August 26, 2025 318 Views 0 comment Print

Govt reports ₹27,900 crore GST collected in Dadra & Nagar Haveli and Daman & Diu over 8 years; 16,168 active taxpayers by March 2025 with compliance reforms.

Indian Apple Import Duty and WTO Regulations

August 26, 2025 786 Views 0 comment Print

A summary of India’s import duty on apples. It clarifies that the customs duty is 50% as per WTO-bound rates, and it has not been recently increased.

Govt Clarifies No Charges on UPI Transactions

August 26, 2025 1002 Views 0 comment Print

Finance Ministry confirms no proposal to impose charges on UPI payments. Govt provided ₹8,730 crore support to sustain zero-charge ecosystem.

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