The RBI’s MPC cut the repo rate by 50 bps to 5.50% to support growth amid easing inflation. Policy stance moves to neutral, aiming for price stability.
The RBI has cut the repo rate to 5.50%, reduced CRR to 3.0% in tranches, and revised penal interest rates, aiming to stimulate the economy.
NPCI introduces NACH 3.0, an upgraded platform with enhanced security, improved interface, and optimized file handling for member banks, with migration starting in July.
CBDT authorizes income tax data sharing with Maharashtra for “Mukhyamantri Mazi Ladki Bahin Yojana” beneficiary identification, outlining the data exchange mechanism and MoU requirements.
The ROC has issued an order against Charles River Laboratories India Private Limited for failing to hold a board meeting on time, a violation of Section 450 of the Companies Act, 2013.
India’s Income Tax Bill 2025 classifies Virtual Digital Assets (VDAs) and cryptocurrencies for taxation at 30%. It simplifies tax laws and aims for financial transparency.
CCPA advisory directs e-commerce platforms to self-audit for deceptive “Dark Patterns” within 3 months, aligning with consumer protection rules and promoting fair digital trade.
West Bengal AAAR upholds denial of GST exemption for Webel Support Multipurpose Service Co-Operative Society’s subcontracted manpower services to Webel Technology Ltd. for the Jal Jeevan Mission.
The ICAI Disciplinary Committee has ordered the removal of CA Srinivas Talluri’s name from the Register of Members for 10 years and imposed a fine of ₹5 lakhs due to professional misconduct.
The GST Council Secretariat has updated the composition of the Group of Ministers (GoM) on Life and Health Insurance, effective June 2, 2025.
