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Archive: 27 October 2025

Posts in 27 October 2025

Karnataka HC Orders Refund of ₹10 Cr Collected Under Duress During GST Search

October 27, 2025 4173 Views 1 comment Print

Karnataka High Court directs refund of ₹10 crores collected during GST search, holding the payment involuntary and not valid under Section 74(5) of the CGST Act.

CCI Dismisses Complaint Against Karate India for Lack of Competition Law Violation

October 27, 2025 432 Views 0 comment Print

The Competition Commission of India (CCI) closed a complaint against Karate India Organisation (KIO), ruling that allegations of improper naming and unauthorised sports regulation were non-competition issues.

Budget 2026-27: Govt invites Tax Suggestions from Trade & Industry

October 27, 2025 900 Views 0 comment Print

The Ministry of Finance invites Trade and Industry Associations to submit data-backed suggestions for direct and indirect tax changes for the Union Budget 2026-27. Deadline: Nov 10, 2025.

IFSCA Seeks Feedback on IFSC Demat Framework

October 27, 2025 711 Views 0 comment Print

IFSCA issues consultation paper proposing mandatory dematerialisation of securities by IFSC entities through IFSCA-registered depositories; comments invited till November 16, 2025.

Govt Extends LC75, BLC Investment Options to NPS Users

October 27, 2025 2298 Views 0 comment Print

The Finance Ministry approved the extension of LC75 and Balanced Life Cycle (BLC) investment options to Central Government NPS/UPS subscribers, providing enhanced equity allocation choice.

DGFT Clarifies SEZ Exemption on Silver Imports

October 27, 2025 963 Views 0 comment Print

DGFT clarifies SEZs, EOUs, and Advance Authorisation holders are exempt from silver jewellery import restrictions under Notification No. 34/2025-26.

DGFT Launches Aayat Nirya Lab Setu for Digital Export Certification

October 27, 2025 1392 Views 0 comment Print

DGFT launches the Bharat Aayat Niryat Lab Setu digital platform pilot on Nov 4, 2025, to provide single-window, paperless testing and certification for import and export commodities.

SEBI Proposes Incentives to Boost Retail Debt Participation

October 27, 2025 618 Views 0 comment Print

SEBI consults on amending NCS Regulations to allow debt issuers to offer higher coupon rates or discounts to specific groups like seniors and women to increase bond market retail participation.

SEBI Consults on Higher HVDLE Threshold and CG Alignment

October 27, 2025 720 Views 0 comment Print

SEBI’s consultation paper proposes increasing the High Value Debt Listed Entity (HVDLE) threshold to Rs. 5000 crores for ease of doing business. It also details measures to align HVDLE corporate governance, RPT, and Secretarial Audit norms with those for equity-listed entities.

Auditor Opinion FAQs on Compulsory UDIN Reporting

October 27, 2025 8271 Views 0 comment Print

Auditors Opinion on financial statements is mandatory for GST and Tax Audits for UDIN generation. It clarifies types of modified opinions, reporting requirements, and exclusions.

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