An overview of the NPS Tier I/II accounts, fund choices, eligibility, and withdrawal rules. Covers the 40% mandatory annuity purchase and 60% tax-free withdrawal.
The International Financial Services Centres Authority (IFSCA) issued the 2025 Amendment Regulations to its Payment and Settlement Systems rules, which take effect upon publication in the Official Gazette.
The Supreme Court has reversed its earlier order to uphold JSW Steel’s ₹19,700 crore resolution plan for BPSL, validating the IBC’s ‘clean slate’ principle and the sanctity of the creditors’ commercial wisdom.
IFSCA’s 2025 amendment alters the Performance Review Committee: mandates minimum independent experts, sets age/disqualification limits, introduces a member code of conduct, and changes quorum.
Pure rights issues to resident shareholders avoid mandatory valuation under the Companies Act and have no escrow requirement, unlike private placements or issues involving non-residents (FEMA).
Understand requirement under Section 62(3) of Companies Act, 2013, for shareholders’ special resolution to approve conversion of loans or debentures into equity.
The Allahabad High Court admitted a customs appeal by the Commissioner of Customs against CESTAT’s order favoring B.P. Wire Industry, staying its effect pending further hearing.
Does the Finance Act, 2025, extend 12AB registration from 5 to 10 years for trusts under Rs. 5 Cr? See if small trusts must still file Form 10AB by Sep 30, 2025.
Allahabad High Court dismisses Rahul Gandhi’s petition challenging a Varanasi court order to re-hear an FIR plea over his 2024 remarks about Sikhs in the USA.
Customs Notification 59/2025 (N.T.) sets Rules for Determination of Origin of Goods under the India-EFTA TEPA, effective Oct 1, 2025, defining wholly obtained and sufficient processing.
