The article examines the proposed auditor cooling-off framework and the growing concerns within the auditing profession. It highlights the tension between strengthening auditor independence and preserving long-term professional continuity and audit effectiveness.
The article explains how simplifying GST laws, rationalising returns, and improving the GST portal can significantly reduce compliance burdens for businesses and professionals.
The article highlights how companies completed PAS-3 filings but failed to maintain critical Right Issue documentation such as offer letters, acceptance forms, and renunciation records. It explains why proper documentary evidence is essential for Companies Act compliance.
The CBI arrested a CGST Superintendent and Inspector after allegations that they demanded bribes to resolve an Input Tax Credit mismatch and threatened GST registration blockage.
Pune ITAT remanded the matter after the assessee explained that responses meant for the assessment appeal were inadvertently uploaded in the penalty appeal portal.
FSSAI has amended the Food Safety and Standards (Prohibition and Restrictions on Sales) Regulations, 2011 by removing clause (8) of sub-regulation 2.3.14. The amendment takes effect from the date of publication in the Official Gazette.
GST Refund Annexure-B Utility: Key Challenges, GSTR-2B Validation Rules, and Legal Safeguards Explained for Exporters and Tax Professionals.
Explore how AI is reshaping GST practice in 2026 through automation, GenAI, RAG tools and compliance workflows, while managing confidentiality and hallucination risks.
DGFT announced that unutilized Pharma Grade Sugar export quota may be transferred to a common pool if exporters have utilized less than 50% of allocated quantities. Exporters must submit utilization certificates and valid export contracts to retain allocations.
The Office Memorandum increases Dearness Relief rates for CPF beneficiaries and eligible family members under the 5th Central Pay Commission structure. Revised DR rates will apply from 01.07.2025 and 01.01.2026.
