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Non-Filing of AOC-4 Attracts Heavy Penalties Under Companies Act

December 18, 2025 717 Views 0 comment Print

ROC held that failure to file financial statements for consecutive years violates Section 137, warranting statutory penalties on both the company and its directors.

RTI Appeal Dismissed as Portal Design Issue, Not Age Bar for Limited Insolvency Exam

December 18, 2025 219 Views 0 comment Print

The authority held that the alleged age restriction for an examination arose from user-interface design, not from any rule or regulation, and found no RTI violation.

Join 2 Day Live Practical GSTAT Appeal Workshop

December 16, 2025 13533 Views 1 comment Print

A practical two-day GSTAT workshop equips professionals with drafting, presentation, and procedural skills to excel in GST appellate practice.

IBC 2.0 Reforms Accelerate Insolvency Resolution in India

December 15, 2025 933 Views 0 comment Print

The 2025 IBC amendments aim to reduce delays in insolvency processes, improving corporate debt recovery timelines and strengthening the insolvency framework.

Viksit Bharat – Guarantee for Rozgar & Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025

December 13, 2025 1002 Views 0 comment Print

The Bill proposes increasing the statutory rural employment guarantee from 100 to 125 days annually. It aims to strengthen livelihood security while aligning rural development with the Viksit Bharat 2047 vision.

ICAI allows Advertising by Indian CA Firms

December 13, 2025 113433 Views 1 comment Print

ICAI’s Code of Ethics amendments now allow advertising, website promotion, and enhanced visibility, enabling domestic CA firms to compete confidently on a global scale.

Central Excise (Amendment) Act, 2025: Major Tobacco Duty Overhaul

December 11, 2025 4554 Views 0 comment Print

The 2025 amendment to the Central Excise Act standardizes excise duties on all tobacco products, cigars, and nicotine products, ensuring uniform rates and simplified compliance.

RBI (Regional Rural Banks – CRR and SLR) Amendment Directions, 2025

December 11, 2025 495 Views 0 comment Print

RBI amends fortnight definition and reporting for CRR and SLR, requiring electronic submission of Form A and Form VIII, effective December 15, 2025.

How insurance companies plan to penetrate deeper in tier-3 cities

December 10, 2025 588 Views 0 comment Print

It’s a fact that Tier-3 towns have lower insurance coverage than big cities. People in towns are not usually financially aware and are not exposed to formal insurance products. Physical distribution here is also poor: the company has fewer branches and trained agents to assist in buying and claims.

Empanelment of CAs/Cost Accountants for Special GST Audit

December 10, 2025 18189 Views 0 comment Print

The Commissionerate seeks experienced audit firms to undertake statutory Special Audits covering turnover, ITC, tax payments and potential evasion. The framework outlines duties, conflict-of-interest safeguards, reporting requirements and fee slabs based on turnover.

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