The issue concerns the rollout of Phase 2 of continuous cheque clearing under CTS. RBI postponed implementation to give banks more time to prepare operationally.
ICAI has announced the ISA Course Assessment Test (3.0 Syllabus) for eligible members, to be held on 7 February 2026 in Computer Based Test (CBT) mode.
GSTN has clarified key issues on filing annual returns through consolidated FAQs. The guidance explains ITC reporting, auto-population rules, and late fee computation to ensure accurate compliance.
The notification deals with updating tariff benchmarks for oils, metals, and areca nuts. It confirms that customs duty will be levied based on the revised values from the notified date.
This notification clarifies the conditions under which a development authority qualifies for tax exemption. The ruling highlights that continued constitution under the relevant State law is mandatory to retain benefits.
This notification addresses whether statutory development authorities qualify for income-tax exemption under section 10(46). The key takeaway is that specified non-commercial income is exempt, even retrospectively, when statutory conditions are fulfilled.
Stay organised with these 8 digital record-keeping tips for small business owners that will help you secure files, streamline storage, and reduce daily stress.
Discover why Indian businesses need automated vendor payment solutions to cut costs, ensure compliance, and speed up payouts for stronger vendor relationships.
The Bill creates separate councils for regulation, accreditation, and academic standards under one umbrella institution. This division aims to improve focus, efficiency, and coordination.
Funds in collection accounts must be remitted to designated accounts within two working days, limiting cash outflows. The measure enhances liquidity management and ensures effective tracking of borrower funds.
