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Late Filing of Half-Yearly Form PAS-6 – ROC imposes Penalty

August 20, 2025 1464 Views 0 comment Print

The ROC has imposed penalties on Oriental Matchem Ltd. and its directors for violating the Companies Act by failing to file the half-yearly Form PAS-6 in time.

FSSAI Appoints New Food Safety Officers for Railways

August 20, 2025 933 Views 0 comment Print

The FSSAI has appointed three new Food Safety Officers for Indian Railways, effective August 20, 2025, to oversee food safety standards on trains.

Tamil Nadu Power Commission Gets Income Tax Exemption

August 19, 2025 567 Views 0 comment Print

CBDT has granted income tax exemption to Tamil Nadu Electricity Regulatory Commission for specific income types, effective from FY 2022-2023.

India Extends Anti-Dumping Duty on TDI Imports

August 19, 2025 1146 Views 0 comment Print

The Ministry of Finance has extended the anti-dumping duty on Toluene Di-isocyanate (TDI) imports from the EU and Saudi Arabia until March 1, 2026.

Manipur Goods and Services Tax (Amendment) Act, 2025

August 18, 2025 438 Views 0 comment Print

A summary of the Manipur Goods and Services Tax (Amendment) Act, 2025, detailing key changes to tax provisions, including new sections and procedural modifications.

India Exempts Cotton Imports from Customs Duty

August 18, 2025 1113 Views 0 comment Print

The Ministry of Finance has temporarily exempted cotton imports from customs duty and AIDC. The exemption, effective from August 19 to September 30, 2025, is aimed at public interest.

IBBI Dismisses RTI Appeals Citing Abuse of Process in SCN-Related Queries

August 18, 2025 318 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) has rejected three RTI appeals, ruling that the applicant’s requests for internal records were a misuse of the Act to harass the authority.

SEBI Proposes Separate AIF Schemes for Accredited Investors

August 17, 2025 1074 Views 0 comment Print

SEBI is seeking public comments on a proposal for a new type of AIF scheme exclusively for Accredited Investors, with a simplified regulatory framework and greater flexibility.

MCA21 V3 Improves Corporate Governance in India

August 16, 2025 2025 Views 0 comment Print

The Ministry of Corporate Affairs’ MCA21 V3 project is enhancing e-governance for businesses in India by integrating AI, improving transparency, and streamlining services for companies and LLPs.

Maharashtra Amends Tax Arrears Act for PSUs

August 16, 2025 522 Views 0 comment Print

The Maharashtra government has amended the tax arrears settlement act for public sector undertakings, validating past collections and broadening its scope to include more entities.

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