CBIC has released new notifications on September 17, 2025, to update CGST rates on goods, exemptions, and compensation cess rates for various products.
Govt allows manufacturers to use existing stock and packaging without re-labelling until 31 Mar 2026; revised GST prices to be communicated to retailers.
The Reserve Bank of India introduces a new Inter-operable Regulatory Sandbox for testing hybrid financial products under a single window with multiple regulators.
The Ministry of Finance has issued amendments to Union Territory tax rates, adjusting them for various services including logistics, beauty, and job work.
Govt. notifies 12% UTGST on fly ash bricks, building bricks, and tiles, effective 22 Sept 2025, under new GST rate notification.
The Ministry of Finance has revised tax rates on numerous handcrafted items, setting them at 2.5% and 1.5% effective September 22, 2025.
ROC Mumbai fines Maxwell Life Science for failing to disclose mandatory details in its Board Report, violating the Companies Act, 2013.
Officers and company directors are not liable for penalties under Section 178(8) for defaults occurring before 21 December 2020, reinforcing decriminalization provisions.
ROC Mumbai imposes penalties on Maxwell Life Science Limited and its directors for failing to include mandatory disclosures in the company’s Board Report.
A new tax notification from the Ministry of Finance revises Union Territory tax rates on goods, effective September 17, 2025, superseding a 2017 order.