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RTI Appeals Dismissed: IBBI Says Requests Sought Explanations, Not Information

August 14, 2025 477 Views 0 comment Print

A First Appellate Authority order from the Insolvency and Bankruptcy Board of India addresses two RTI appeals. The order discusses the definition of ‘information’ under the RTI Act and highlights the misuse of the RTI mechanism.

Request to Extend ITR and Tax Audit Due Dates

August 14, 2025 81774 Views 3 comments Print

The Gujarat Chamber of Commerce requests an extension for ITR and Tax Audit due dates, citing delays in form utilities and technical issues on the portal.

IBBI Amends Insolvency Professional CPE Rules

August 14, 2025 702 Views 0 comment Print

The IBBI has amended its CPE guidelines for Insolvency Professionals, raising credit hours to 30 and mandating in-person learning from 2026.

FSSAI Amends Food Labeling Regulations on Coffee

August 8, 2025 858 Views 0 comment Print

FSSAI amends food labeling regulations, mandating that packages of coffee-chicory mixtures must now declare the percentage of each ingredient on the front.

IFSCA Mandates Onboarding for IFSC Factoring Entities

August 7, 2025 702 Views 0 comment Print

IFSCA circular mandates all IFSC Factors and TReDS entities, including IFSC Banking Units, to onboard with CERSAI to register assignment of receivables transactions.

CSR Spending: Details and Data Access

August 7, 2025 4173 Views 0 comment Print

The Ministry of Corporate Affairs confirms that CSR expenditure data for the last five years is publicly available on its CSR portal, with details on state and sector spending.

IFSCA Proposes Stewardship Code for IFSC

August 7, 2025 477 Views 0 comment Print

IFSCA has released a consultation paper for a Stewardship Code to enhance investor protection and corporate governance, with a framework of seven guiding principles for institutional investors.

ICAI Sets New Annual Tax Audit Limit of 60 per CA

July 31, 2025 5103 Views 1 comment Print

The ICAI has updated guidelines for tax audit limits, retaining a 60-audit cap per member per financial year. The rule is effective from April 1, 2026, with some exemptions.

New Digital Credit Assessment Model for MSME Loans

July 31, 2025 909 Views 0 comment Print

A new digital credit model for MSMEs leverages data from sources like GST and ITRs for faster loan approvals, reducing paperwork and processing time.

India-UK CETA Signed: 99% Tariff Elimination – Trade & Mobility Boost

July 29, 2025 984 Views 0 comment Print

India and the UK sign Comprehensive Economic and Trade Agreement (CETA), eliminating 99% tariffs on Indian exports and easing professional mobility for stronger bilateral trade.

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