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GST Rate Revision: New Advisory Allows Voluntary Sticker Updates on Unsold Stock

September 22, 2025 6201 Views 1 comment Print

The Department of Consumer Affairs has simplified rules for revising retail prices on unsold stock due to GST changes, waiving newspaper ads for a sticker system.

IFSCA Proposes New Internet Banking Rules for IFSC Banking Units

September 22, 2025 717 Views 0 comment Print

IFSCA seeks public comments on a draft circular outlining new compliance requirements for internet banking services offered by IFSC Banking Units, effective by March 2026.

Spices Ineligible for Duty-Free Import Authorisation

September 22, 2025 702 Views 0 comment Print

DGFT clarifies that all spices are ineligible for import under the DFIA scheme due to their classification under Appendix 4J, which requires pre-import conditions.

IBBI Not Custodian of Personal Insolvency Data: RTI Appeal Dismissed

September 19, 2025 315 Views 0 comment Print

The Appellate Authority clarified that IBBI does not maintain individual insolvency records, and applicants must access information directly through NCLT and other relevant portals.

SEBI Simplifies Security Transfers from Nominee to Legal Heirs

September 19, 2025 1530 Views 0 comment Print

SEBI mandates the use of a new reason code, “TLH,” for security transmissions from a nominee to a legal heir to prevent incorrect tax assessments and streamline the process.

ROC Hyderabad Imposes Penalty for failure to appoint Independent Directors

September 18, 2025 912 Views 0 comment Print

ROC Hyderabad has penalized Virupaksha Organics and its directors for failing to appoint two independent directors as required under the Companies Act, 2013.

Penalty Imposed for 9 Year Default in Board Committee Constitution

September 18, 2025 345 Views 0 comment Print

ROC Hyderabad has penalized Virupaksha Organics and its directors for failing to constitute a Nomination and Remuneration Committee under the Companies Act, 2013.

PFRDA Exposure Draft: NPS Exit & Withdrawal Amendments 2025

September 18, 2025 1659 Views 0 comment Print

PFRDA releases an exposure draft proposing amendments to NPS regulations, focusing on increased flexibility for exits, withdrawals, and age limits for subscribers.

Tax Audit Report Deadlines: CA Body Requests Extension

September 18, 2025 43278 Views 0 comment Print

The Chartered Accountants Association requests a tax deadline extension to November 30, 2025, due to ITR utility delays, portal glitches, and floods.

SEBI Strengthens MII Governance Framework

September 18, 2025 765 Views 0 comment Print

SEBI proposes new rules mandating MIIs appoint additional executive directors to their boards to oversee critical operations and regulatory functions.

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