The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency Resolution Process for Corporate Persons (CIRP) Regulations, effective immediately from February 3, 2025. The amendments focus on streamlining insolvency proceedings, particularly for real estate projects. Key changes include allowing resolution professionals to hand over property possession to homebuyers during the resolution process, appointing […]
SEBI introduces new guidelines for safer retail algo trading. Learn about API usage, broker responsibilities, algo provider empanelment, and compliance requirements.
The Indian government prohibits the export of de-oiled rice bran until September 30, 2025, under the revised export policy. Learn about the updated regulations.
ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn about key provisions and applicability.
The Immigration and Foreigners Bill 2025, introduced in Lok Sabha, consolidates laws on passports, visas, and foreigner registration.
SEBI seeks public comments on the draft circular requiring a digital assurance report on financial statements based on external data repositories.
The Finance Bill 2025 proposes simplifying the annual value determination of self-occupied property, effective from April 2025, for assessment year 2025-26.
The Finance Bill 2025 proposes mandatory reporting of crypto-asset transactions, effective from April 2026, with penalties for inaccuracies.
Proposed changes to Section 276BB offer exemption from prosecution for delayed TCS payment if made before the filing deadline, effective from April 2025.
Proposed amendment removes the deadline for notifying faceless schemes under the Income-tax Act, allowing notifications beyond March 31, 2025.