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New ICMAI Examination Centre at Haldwani, Uttarakhand

October 27, 2025 432 Views 0 comment Print

ICMAI has established a new Examination Centre at Haldwani, Uttarakhand, starting from the December 2025 term. This decision enhances accessibility for thousands of CMA students who previously had to travel far for their professional examinations.

CBDT Grants CPC Power to Rectify AO Orders for Accounting Errors

October 27, 2025 15009 Views 2 comments Print

CBDT Notification 155/2025 confers concurrent powers on the Commissioner of Income Tax, CPC Bengaluru, to rectify apparent errors in assessment orders and issue demand notices for cases processed through the CPC interface, effective immediately.

FSSAI Amends Food Import Regulations for Analysis Methods

October 27, 2025 891 Views 0 comment Print

FSSAI’s 2025 amendment standardizes imported food testing methods, allowing internationally recognized standards when FSSAI manuals lack a method, and mandates a 5-day reporting limit.

SEBI Proposes Transfer Timeline for Unclaimed Debt Funds

October 24, 2025 708 Views 0 comment Print

SEBI consults on amending LODR regulations to align the transfer of unclaimed non-convertible securities interest/redemption amounts to IEPF/IPEF with the Companies Act. The proposal ensures a single transfer after 7 years from debenture maturity, facilitating Ease of Doing Business.

DoPPW Issues Fresh Guidelines to Curb Routine Referral of Pension Cases by Ministries

October 24, 2025 384 Views 0 comment Print

New guidelines from DoPPW mandate thorough internal examination of pension cases before referral. Submissions must be comprehensive, cite specific rules, and include Administrative Secretary approval.

CGST Rate: Nominated Agency Definition Amended (Nov 1, 2025)

October 24, 2025 1776 Views 0 comment Print

GST notification updates the definition of Nominated Agency in Notification No. 26/2018-CT (Rate). The new definition refers to Lists 13, 14, and 15 of Customs Notification No. 45/2025. This change takes effect from November 1, 2025.

MCA Establishes New ROCs under Companies Act 2013

October 23, 2025 5607 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) has established new Registrars of Companies (ROCs) in Delhi, UP, Maharashtra, and West Bengal, effective January 1, 2026, to redefine jurisdictional areas for company registration.

PFRDA Proposes Dual Valuation for G-Secs in NPS/APY

October 18, 2025 507 Views 0 comment Print

PFRDA consults on adopting dual valuation (Accrual/MTM) for Government Securities in NPS/APY schemes to stabilize NAV, reduce interest rate volatility impact, and simplify pension wealth depiction for subscribers.

Penalty Imposed for Non-Filing of Related Party Transaction Report under Companies Act

October 17, 2025 1476 Views 0 comment Print

ROC Goa imposes a 3.5 lakh penalty on SHREEPATI BUILD INFRA INVESTMENT and its CFO for violating Section 134(3)(h) by failing to file Form AOC-2 with the Board’s Report, omitting mandatory related party transaction disclosures for FY 2021-22.

Penalty Imposed for Failure to Register Charges on Secured Loans

October 17, 2025 546 Views 0 comment Print

ROC Cuttack imposes 6.5 lakh penalty on MAGNUM ESTATES LIMITED and its three directors for violating Section 77 of the Companies Act by failing to file Form CHG-1 for the modification of a secured vehicle loan charge in FY 2018-19.

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