The court stayed FIR proceedings for non-payment of VAT dues due to significant delay in filing. It held that delayed criminal action weakens prosecution and cannot be sustained mechanically.
DGFT amended rules to require Certificates of Origin to be issued only through a designated electronic platform. Manual issuance is prohibited and may lead to cancellation of authorization.
The amendment mandates that Certificates of Origin can only be issued by DGFT-authorised agencies. It also introduces strict invoice matching requirements to ensure automated verification and compliance.
SEBI provided a one-time relaxation from penalties for MPS non-compliance. The move addresses challenges faced by listed entities due to geopolitical market instability.
The ICAI postponed the CA Intermediate exams from 3rd May to 5th May 2026 citing unavoidable reasons. The revised schedule retains exam timings while shifting all Group I and II dates accordingly.
ICAI reduced CA Final exam attempts from three to two annually based on stakeholder feedback. The exams will now be held only in May and November starting 2026.
