IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for claims up to Rs. 50 lakh and improve policyholder trust.
CBDT approves IQRAA International Hospital And Research Centre for scientific research exemption from AY 2026-27 to AY 2030-31 vide Notification No. 125/2025- Income Tax | Dated : 24th July, 2025
IBBI suspends IP Amit Agrawal for 3 months over failure to fully disclose newly discovered assets in a corporate insolvency process, impacting bidder fairness
ROC Bangalore issued an adjudication order against PACE DIGITEK LIMITED and two officers for failing to appoint a company secretary as mandated by the Companies Act.
CBDT Notification 120/2025 grants income tax exemption to Greater Ludhiana Area Development Authority from AY 2024-25, per Section 10(46A) of the Income-tax Act.
India’s DGFT has made Shipment Details and Foreign Buyer/Consignee Details optional on ANF-2N for pharma grade sugar export authorizations, allowing any buyer/any port and later amendments.
SEBI and NSE launch Samuhik Prativedan Manch for stock brokers, streamlining compliance reporting to a single platform, reducing costs and enhancing ease of business
India’s Finance Ministry details VDA/cryptocurrency tax revenue, compliance tools, and official training, addressing tax evasion concerns
Supreme Court rules Limitation Act applies to MSMED arbitration but not conciliation, clarifying recovery of time-barred debts under Section 18.
Madras High Court sets aside tax demand against Roop Rajat Exports, citing lack of personal hearing and natural justice violation under GST Act.
