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ICAI Launches BoS Virtual Revision Series for May 2026 CA Final Exams

January 28, 2026 492 Views 0 comment Print

The Board of Studies announced two structured virtual revision series for CA Final students. The initiative aims to enhance exam preparedness through expert-led sessions across all papers.

Mock Test Papers Series I & II for CA Final May 2026 Examinations

January 28, 2026 18495 Views 1 comment Print

The Board of Studies has released the schedule for two mock test series for CA Final students. The initiative enables candidates to practice under exam-like conditions and assess their readiness.

PFRDA constitutes Committee for Strategic Asset Allocation & Risk Governance

January 27, 2026 243 Views 0 comment Print

A high-level committee has been formed to review and modernise the pension investment framework, focusing on diversification, risk management, and long-term retirement returns.

ROC Imposed Penalty for Failure to Attach Declarations in INC-32

January 23, 2026 228 Views 0 comment Print

The Registrar held that failure to attach mandatory declarations in incorporation filings violates Section 7 of the Companies Act. Maximum penalties were imposed under the residuary provision for non-compliance.

Penalty Imposed for Filing Unsigned Financial Statements with AOC-4

January 23, 2026 273 Views 0 comment Print

Failure to comply with statutory requirements for financial statements resulted in penalties under Section 134(8). Directors were held personally liable due to lack of response to the show cause notice.

IBBI cancels Valuer Registration for Losing Mandatory RVO Membership

January 21, 2026 339 Views 0 comment Print

Registration was cancelled after the valuer ceased to be a member of a Registered Valuers Organisation. Continuous RVO membership is a statutory condition to remain eligible as a registered valuer.

GSTAT Clarifies Certification Rules and Softens Appeal Scrutiny

January 20, 2026 789 Views 0 comment Print

The order allows lenient scrutiny of appeal documents and simplifies certification requirements. Digitally generated GSTN documents need no certification, easing compliance.

SEBI Proposes Fund Netting to Ease FPI Cash Market Settlements

January 17, 2026 633 Views 0 comment Print

The issue is high liquidity and funding costs under gross settlement for FPIs. The proposal allows limited netting to improve efficiency while preserving market safeguards.

SWAGAT-FI Framework Simplifies FVCI Registration and Compliance: SEBI

January 16, 2026 318 Views 0 comment Print

The issue concerned duplication in registration processes for foreign investors. The circular allows simultaneous FPI and FVCI registration using the same information and intermediaries.

Delhi South CGST Arrests Two for Bogus Invoices Worth ₹199.90 Crore

January 15, 2026 1710 Views 0 comment Print

Authorities detected large-scale ITC fraud involving invoices without actual supply of goods. The arrests signal strict enforcement against GST credit misuse.

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