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India Extends Anti-Dumping Duty on TDI Imports

August 19, 2025 1155 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 444 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 1116 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 1083 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 2070 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 525 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.

EPFO Simplifies Aadhaar Seeding and Correction in in UAN

August 16, 2025 1743 Views 0 comment Print

The EPFO has simplified the process for members to seed or correct their Aadhaar in their UAN. The new process involves employers and allows members to submit physical forms in certain cases.

Maharashtra Goods and Services Tax (Amendment) Act, 2025

August 16, 2025 1410 Views 0 comment Print

The Maharashtra Goods and Services Tax (Amendment) Act, 2025, introduces changes, including a new “track and trace” mechanism for certain goods, penalties for non-compliance, and amendments to input tax credit and appeal processes.

Modification of Form No. 7 relating to Rule 15 of Income tax Rules, 1962

August 14, 2025 1215 Views 0 comment Print

The Ministry of Finance has amended the Income-tax Rules, 1962, updating Form No. 7 to include block period alongside assessment year from September 1, 2025.

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