The order underscores that MCA records are public and relied upon by stakeholders, making precision in filings non-negotiable. Any incorrect particulars can invite penalties on both the company and the signatory.
The ROC held that failure to attach a registered valuer’s report with Form PAS-3 violates Section 39 of the Companies Act. Even a procedural lapse attracts penalty, though relief may apply to eligible startups.
POPs must log offline grievances using CRA CGMS credentials. The measure ensures comprehensive data for regulatory oversight and timely resolution.
The dispute focused on the statutory requirement of active RVO membership for registered valuers. The Authority reaffirmed that non-compliance with RVO bye-laws and expulsion result in immediate loss of registration rights.
MAT will become a final tax in the old regime at 14%, replacing the earlier credit-based mechanism. The change simplifies compliance while nudging companies toward the new tax regime.
The new rules revise general free allowance, laptop eligibility, and jewellery limits. Passengers must now assess baggage entitlements under the updated framework effective February 2026.
While certain customs exemption notifications stand rescinded, the government has ensured no retrospective impact. The ruling draws a clear line between past compliance and future liability.
The Budget proposes Mega Textile Parks and relaxes export timelines for textile and leather exporters. The measures aim to improve scale, cash flow and global competitiveness.
The Union Budget 2026–27 launches a major biopharma initiative to boost domestic production of biologics and biosimilars, aiming to reduce imports and strengthen healthcare security.
With stable tax slabs and surcharges, the Bill focuses on ease of living through extended deadlines, electronic processes, and clearer TDS rules. The emphasis is on certainty and voluntary compliance rather than higher taxation.
