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Draft Patent second amendment Rules 2025

October 31, 2025 1758 Views 0 comment Print

Govt proposes amendments to Patent Rules 2003 introducing Code of Conduct, disciplinary procedures, and complaint mechanisms for patent agents.

GST Applicable on Export of Packaged Frozen Shrimp: AAR Andhra Pradesh

October 31, 2025 294 Views 0 comment Print

Andhra Pradesh Advance Ruling Authority holds that export of processed frozen shrimp (HSN 0306) in pre-packaged and labelled containers up to 25 kg attracts GST liability at 5%.

SEBI Allows Investment Advisers to Charge Fee for Second Opinion on Assets

October 30, 2025 966 Views 0 comment Print

SEBI permits Investment Advisers (IAs) to charge a fee (max 2.5% AUA) for providing second opinions on client assets under pre-existing distribution arrangements.

Salient features of Employees’ Enrolment Campaign, 2025

October 29, 2025 1839 Views 0 comment Print

EPFO’s campaign (Nov 2025–Apr 2026) allows employers to enroll employees missed from 2017 to 2025. Pay only employer’s share and ₹100 damage for compliance.

SEBI Proposes Complete Overhaul of Mutual Fund Regulations for Simplification

October 29, 2025 1905 Views 0 comment Print

SEBI releases a consultation paper for a comprehensive review of the 1996 Mutual Fund Regulations, aiming for simplification, clarity, and enhanced investor protection.

ITAT Mumbai Quashes Section 263 Order for Adequate AO Inquiry and Valid Loss Claims

October 29, 2025 525 Views 0 comment Print

The Tribunal held that detailed inquiries by the AO made Section 263 inapplicable and upheld the assessee’s claims for capital loss and bad debts on merits.

Exposure Draft: 13th edition of ICAI Code of Ethics – Request for Comments

October 28, 2025 2829 Views 0 comment Print

ICAI’s Ethical Standards Board issued an Exposure Draft for the 13th Code of Ethics, proposing revisions to the current standards. Comments are due by November 26, 2025.

Auditor Opinion FAQs on Compulsory UDIN Reporting

October 27, 2025 8178 Views 0 comment Print

Auditors Opinion on financial statements is mandatory for GST and Tax Audits for UDIN generation. It clarifies types of modified opinions, reporting requirements, and exclusions.

Draft RBI (Commercial Banks – Capital Market Exposure) Directions, 2025

October 27, 2025 5625 Views 0 comment Print

RBI proposes draft directions consolidating rules on commercial banks capital market exposures CME, setting prudential ceilings (e.g., 40/% of Tier 1 Capital) and specific lending restrictions.

Notification No. 30/2025-Customs (ADD) Dated: 27th October, 2025

October 27, 2025 3474 Views 0 comment Print

Ministry of Finance amends Notification 66/2021-Customs (ADD), changing the anti-dumping duty for the product at Serial No. 1 to 1,296 with immediate effect.

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