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CBDT notifies Income Tax Exemption for High Court Legal Services Committee

September 22, 2025 897 Views 0 comment Print

The Ministry of Finance grants income tax exemption to the High Court Legal Services Committee in Chandigarh on specific income, including grants and interest.

MCA Allows AGMs & EGMs via Video Conference but not change in Deadlines

September 22, 2025 10500 Views 0 comment Print

Ministry of Corporate Affairs extends virtual AGMs and EGMs via VC/OAVM until further notice, but clarifies that statutory deadlines remain unchanged.

IBBI not maintain records of insolvency petitions under other laws

September 19, 2025 312 Views 0 comment Print

A summary of an RTI appeal order regarding a request for an individual’s insolvency details. The IBBI directs the appellant to public records on the NCLT website.

Clarification on listing of convertible debt securities on recognised stock exchanges in IFSC

September 18, 2025 681 Views 0 comment Print

The IFSC Authority has issued a new circular clarifying that existing regulations for debt securities will apply to convertible debt instruments like FCCBs.

EPFO Revises Delegation of Powers for Transactions

September 18, 2025 1953 Views 0 comment Print

The EPFO has simplified its approval process for exceptional transactions, delegating authority to lower-level officials to streamline financial and account-related tasks.

SEBI (Custodian) (Amendment) Regulations, 2025

September 18, 2025 1617 Views 0 comment Print

SEBI has updated its Custodian Regulations, increasing the minimum net worth to Rs. 75 crore. The amendment also outlines new responsibilities for custodians and allows them to provide other financial services.

IGST Rate Changes on Motor Vehicles Effective 22 Sept 2025

September 17, 2025 975 Views 0 comment Print

CBIC amends Notification 9/2018 to revise IGST rate schedules for motor vehicles. New rules apply from 22 September 2025.

GST on Local Delivery: E-commerce Rule Change

September 17, 2025 8694 Views 0 comment Print

A new notification amends the GST Act, shifting the tax liability for local delivery services to e-commerce operators, with some exceptions. This change is effective from September 22, 2025.

GST Rate Changes on Transport, Courier, Job Work & Services from 22 Sept

September 17, 2025 45648 Views 1 comment Print

The Ministry of Finance has issued new GST rate amendments for various services, including transport, job work, and professional services, based on the 56th GST Council recommendations.

ROC Mumbai Imposes ₹4 Lakh Penalty for Non-Disclosure in Board Report

September 16, 2025 1533 Views 0 comment Print

The Registrar of Companies, Mumbai, has issued a penalty against Maxwell Life Science and its directors for failing to include mandatory disclosures in their Board Report for FY 2021-22.

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