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IRDAI Proposes Easier Investment Norms for Insurers in Infrastructure SPVs

December 22, 2025 456 Views 0 comment Print

IRDAI has proposed relaxing rules to allow insurers to invest in infrastructure SPVs with stable cash flows. The move aims to support long-term infrastructure financing without parent guarantees.

IBBI Introduces Form Modification Facility and Late Filing Fees

December 22, 2025 549 Views 0 comment Print

IBBI has enabled modification of CIRP forms through its portal and announced fees for delayed filings. The late fee applies to forms submitted after 31 December 2025.

RTI Appeal Rejected as Status Change Was Based on NCLAT Stay Order

December 22, 2025 246 Views 0 comment Print

The Appellate Authority held that the change in corporate status was made to implement a subsisting NCLAT stay. Since the relevant Change Request Form was already disclosed, no further information was required under the RTI Act.

Delay in Appointing Company Secretary Triggers Heavy MCA Penalties

December 19, 2025 945 Views 0 comment Print

The Registrar imposed penalties after finding a nearly six-year delay in appointing a mandatory whole-time Company Secretary once capital thresholds were crossed.

IP Penalised for Non-Cooperation in Regulatory Investigation

December 19, 2025 291 Views 0 comment Print

The Disciplinary Committee imposed a monetary penalty after finding repeated failure to cooperate with the Investigating Authority. The ruling underscores that cooperation with investigations is a mandatory statutory duty.

CAG Flags ₹747 Crore Revenue Risk in Customs and Export Incentives

December 18, 2025 567 Views 0 comment Print

The audit identifies widespread irregularities across customs assessments and export incentive schemes. Most findings were accepted, triggering corrective action and partial recoveries.

CAG Audit Finds Major Delays and Manual Processes in Duty Drawback Claims

December 18, 2025 774 Views 0 comment Print

The audit found widespread control gaps, delayed processing, and weak automation in duty drawback administration. These deficiencies exposed the exchequer to significant revenue loss.

CAG Flags ₹21,695 Crore GST Compliance Deviations

December 18, 2025 1857 Views 0 comment Print

The audit uncovered large-scale mismatches and non-compliance in GST filings and payments. It highlights risks from ineligible ITC, return gaps, and weak departmental oversight.

How Form 26AS helps you verify your Income Tax details before filing returns?

December 18, 2025 1944 Views 0 comment Print

Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax notices.

ROC imposes penalties for failure to mention CIN & contact details on official letterheads

December 18, 2025 933 Views 0 comment Print

The ROC imposed penalties for failure to mention CIN and contact details on official letterheads. The key takeaway is that statutory disclosures are mandatory regardless of public data availability.

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