The regulator has consolidated all operative circulars under the LODR framework into a single master reference. The update simplifies compliance while preserving past actions and liabilities.
The notification updates tariff values for edible oils, brass scrap, gold and silver for customs valuation. Importers must apply the revised benchmark values from 31 January 2026.
The government imposed minimum import price limits on key antibiotics to curb low-priced imports. Imports below notified CIF values are restricted for one year, with limited export-linked exemptions.
The Supreme Court upheld the High Court’s quashing of a reassessment notice, holding that reopening based only on existing records was invalid and refusing to condone a 426-day delay.
High Court set aside reassessment proceedings after finding that the notice was based only on existing records, with no new material to justify reopening of the completed scrutiny assessment.
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.
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.
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.
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.
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.
