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From Business to House Property: Understanding the Shift in Taxing Rental Income

September 11, 2025 3960 Views 0 comment Print

The Finance Act (No.2) of 2024 has changed how residential rental income is taxed in India, classifying it as “Income from House Property.”

IBBI Suspends Insolvency Professional for One Year Over EMD Forfeiture

September 10, 2025 738 Views 0 comment Print

The IBBI Disciplinary Committee suspended an Insolvency Professional for one year for improperly forfeiting an Earnest Money Deposit, exceeding the stipulated conditions.

Why Life and Health Insurance are Essential for Every Household?

September 10, 2025 915 Views 0 comment Print

In a world of rising medical bills and unpredictable events, many people ask—Should I get life insurance or health insurance? The truth is, both are essential for a well-rounded financial plan.

ICAI Postpones CA Exams in Kathmandu

September 9, 2025 525 Views 0 comment Print

Due to ongoing protests, the ICAI has postponed its CA exams on Sep 9 & 10, 2025, for candidates in Kathmandu, Nepal. New dates will be announced.

Board Minutes Not Properly Maintained, Penalty Imposed on Company & Directors

September 9, 2025 1026 Views 0 comment Print

ROC Mumbai imposes penalty on Dystar India Pvt Ltd and its directors for violation of Section 118(11) of Companies Act, 2013 regarding board meeting minutes.

ROC imposes Penalty for Holding Company Assets in Director’s Name

September 9, 2025 900 Views 0 comment Print

ROC Goa penalises Mega Structures Realestate Ltd and its MD for violation of Section 187(4) of Companies Act, 2013 over assets not held in company’s name.

GST Advisory to file pending returns before expiry of three years

September 9, 2025 6621 Views 0 comment Print

GSTN advisory reminds taxpayers that pending GST returns older than three years cannot be filed on the portal from October 1, 2025, under Finance Act, 2023.

SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2025

September 8, 2025 3030 Views 0 comment Print

Explore SEBI (ICDR) (Second Amendment) Regulations, 2025. Key changes include expanded mandatory dematerialization and updated Social Stock Exchange norms.

GST Rate Revisions for India’s Auto Sector

September 8, 2025 2829 Views 0 comment Print

India’s government revised GST rates for automobiles, tractors, and commercial vehicles. The changes aim to stimulate demand, lower costs, and boost related industries.

GST Rationalization Boosts Dairy Sector; Most Products Now at Nil or 5%

September 8, 2025 1701 Views 0 comment Print

The 56th GST Council approved tax reforms for India’s dairy sector, reducing rates on milk products to nil or 5%. This aims to lower costs and benefit millions of farmers and consumers.

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