ICAI requests CBDT to extend tax audit and ITR filing deadlines due to delayed ITR utilities and seeks auto-renewal of registrations for small trusts expiring in 2026.
Shree Krishna Impex Ventures is penalized by the Gwalior Registrar of Companies for an incomplete and unsigned Board Report, violating the Companies Act.
MCA imposed penalties on Tamilnad Mercantile Bank and its officers for violating Section 118 of the Companies Act, 2013 by finalizing board meeting minutes 182 days late. The ruling underscores the importance of timely compliance in corporate governance.
GST on renewable energy cut from 12% to 5% from Sept 22, 2025, lowering solar costs, benefiting households, farmers, manufacturers, and clean energy projects.
A new customs notification from the Ministry of Finance, effective September 22, 2025, extends an exemption to include the integrated tax on certain goods.
Ministry of Finance has issued a new GST notification, providing exemptions for specific life and health insurance services and clarifying the taxability of delivery services.
The Ministry of Finance has amended the Union Territory GST Act, replacing a reference to an outdated schedule to ensure the correct tax rates are applied.
The Ministry of Finance has exempted a range of essential goods from GST in Union Territories, including fresh food, agricultural products, books, and specific medicines.
Ministry of Corporate Affairs has invited public comments to explore establishment of Indian Multidisciplinary Partnership (MDP) firms to help domestic firms compete globally.
The Ministry of Finance has set a new deadline of June 30, 2026, for filing appeals with the GST Appellate Tribunal for orders communicated before April 1, 2026.
