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 permits Investment Advisers (IAs) to charge a fee (max 2.5% AUA) for providing second opinions on client assets under pre-existing distribution arrangements.
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 releases a consultation paper for a comprehensive review of the 1996 Mutual Fund Regulations, aiming for simplification, clarity, and enhanced investor protection.
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.
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.
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.
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.
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.
Union Commerce Minister Piyush Goyal has launched a guidebook mapping 12,167 HSN Codes to 31 ministries, aiming to improve policy, trade, and business.
