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Understanding the Power of Interest in Long-Term Investing

August 20, 2025 471 Views 0 comment Print

This article explains principles of compounding, its role in sustained portfolio growth, and how to leverage reliable calculation tools to make informed, data-driven investment decisions.

EPFO Increases Ex Gratia Death Relief Fund for Employees to Rs. 15 Lakh

August 19, 2025 1332 Views 0 comment Print

The EPFO has raised its ex-gratia payment for deceased employees to Rs. 15 lakh, with an annual 5% increase effective April 1, 2026.

DGFT Amends Diamond Import Authorization Policy

August 19, 2025 660 Views 0 comment Print

DGFT amends FTP rules for diamond import authorizations, allowing a CA certificate for ITR proof and removing GST and compensation cess exemptions.

Why Third-Party Car Insurance Is the Minimum Protection Every Driver Needs

August 18, 2025 624 Views 0 comment Print

Learn about third-party car insurance, a mandatory legal requirement in India. Understand its coverage, legal provisions, and how it protects drivers financially.

CBIC Newsletter Highlights GST, Rankings and Tax Evasion

August 18, 2025 954 Views 0 comment Print

The CBIC Chairman’s August 2025 newsletter discusses upcoming GST reforms, the board’s top ranking in grievance redressal, and a recent tax evasion case involving subsidized urea.

CAG Highlights ₹7,929 Crore Errors in Income Tax Assessments

August 18, 2025 1146 Views 0 comment Print

A CAG audit report on direct taxes for FY 2022-23 reveals over ₹7,929 crore in tax effect from 481 observations, highlighting assessment errors and rising arrears.

RTI Cannot Be Used for Explanations – IBBI Rejects Appeal on SCN Records

August 18, 2025 555 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) dismisses an RTI appeal, stating the request for internal records is an abuse of the RTI Act.

RTI Cannot Be Misused – IBBI Dismisses Repeated Appeals on Parenteral Drugs Matter

August 18, 2025 543 Views 0 comment Print

IBBI dismissed multiple RTI appeals challenging denial of a show cause notice copy. IBBI clarified no such notice existed and cited Supreme Court’s view that RTI should not be used for frivolous litigation.

MCA Strikes Off 38,658 Companies and 8,368 LLPs via C-PACE

August 17, 2025 2349 Views 0 comment Print

The Ministry of Corporate Affairs’ C-PACE initiative has reduced the time for voluntary company closures from over 2 years to under 2 months.

Delhi CGST Arrests One for ₹16.30 Crore GST Evasion

August 17, 2025 1086 Views 0 comment Print

The Delhi South CGST Commissionerate has arrested a key person linked to three firms for allegedly evading ₹16.30 crore in GST through under-reporting.

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