The government notified a settlement guarantee fund for income-tax exemption under Section 10(23EE). The benefit applies from AY 2024–25 onward, subject to statutory compliance.
The registrar penalised a company for failing to fill a woman director vacancy within the statutory timeline. The ruling reinforces strict compliance with board composition norms.
The registrar penalised a company and its directors for failing to disclose a director’s regularisation in the annual return. The key takeaway is that even clerical omissions attract penalties under the residuary provision.
The trade authority authorises an additional body to issue non-preferential Certificates of Origin. The move expands the official network and eases access for exporters with immediate effect.
The trade authority updates the eBRC format by adding GST-linked fields. The key takeaway is improved linkage between export realisation data and GST records, effective 13 January 2026.
IBBI cancelled an insolvency professional’s registration for initiating personal guarantor insolvency without verifying or annexing the mandatory guarantee document.
The government extended the existing anti-dumping duty while a sunset review is underway. The duty will continue up to July 12, 2026, unless changed earlier.
The registrar imposed penalties for a 212-day delay in filing Form MGT-14. Subsequent compliance did not absolve liability under Section 117(2).
FPIs can now apply for Digital Signature Certificates directly within the CAF portal. The move simplifies onboarding and reduces paperwork through a single digital process.
The message outlines readiness for the Income-tax Act, 2025 through training and system upgrades. The key takeaway is a focused transition built on clarity, capacity building, and taxpayer guidance.
