Section 185 of Companies Act, 2013, regulates loans to directors and their related entities. This summary covers law’s framework, including prohibitions, conditional permissions, and penalties.
The ICAI President’s September 2025 message highlights sustainability, new tax laws, and the Institute’s role in nation-building, with a focus on green finance and technological advances.
The DGGI Belagavi Zonal Unit has uncovered a ₹145 crore fake invoice scam, leading to a ₹43 crore tax evasion. One individual has been arrested in connection with the case.
The CBDT has published a new notification to amend Income-tax Rule 2DCA, aligning it with recent changes to Section 10(23FE) and extending key deadlines to 2031-32.
The Ministry of Home Affairs has enacted the Immigration and Foreigners Order, 2025, which supersedes several previous acts and consolidates rules for the entry, stay, and departure of foreigners from India.
The Ministry of Home Affairs has enacted the Immigration and Foreigners Rules, 2025, which supersedes several previous rules and establishes new regulations for the entry, stay, and departure of foreigners in India.
SEBI has updated the Investor Protection and Education Fund Regulations, 2009, to include funds from certain delisting processes as a new source for the fund.
Bombay Chartered Accountants Society (BCAS) urges the government to implement next-generational GST reforms, focusing on structural changes, rate rationalization, and simplification of compliance for taxpayers.
The International Financial Services Centres Authority (IFSCA) is implementing measures to enable trade finance and support India’s export growth through its IFSC.
The IFSCA is seeking public comments on proposed amendments to its Performance Review Committee Regulations, 2022. The changes focus on the committee’s constitution, member eligibility, and a new code of conduct.
