MCA revises Forms CRA-2 and CRA-4 under the Companies (Cost Records and Audit) Rules, 2014, effective 14th July 2025. Key updates streamline compliance processes.
A recent corrigendum to an Income Tax notification dated May 6, 2025, rectifies errors in Form ITR. It corrects a reference in Schedule CG from (4ca –biva) to (4a-biva) and expands Schedule 80IE to include Sikkim for deductions related to undertakings in North-East states, providing structured entries for up to two undertakings per state.
The Ministry of Corporate Affairs has issued new amendments to the Companies (Audit and Auditors) Rules, 2014, effective July 14, 2025, modifying audit-related compliances.
The RBI has updated its STRIPS notification, replacing PDO-NDS with e-Kuber for operations and revising eligibility for stripping of central and state government fixed coupon securities.
FSSAI’s May 2025 notification updates the list of 22 authorized referral food laboratories across India for food safety testing and analysis.
India’s CCPA has issued guidelines effective May 27, 2025, to regulate the listing and sale of radio equipment, including walkie-talkies, on e-commerce platforms.
CBDT extends the ITR filing deadline for AY 2025-26 from 31 July to 15 Sept 2025 due to structural changes and system readiness requirements.
The Vishweshwar Sahakari Bank Ltd., Pune, has been added to the RBI’s Second Schedule as per a notification dated April 07, 2025, published on May 09, 2025.
India’s DGFT has restricted the import of certain roller chains and parts (HS codes 73151100, 73151900, 73159000) if their CIF value is less than ₹235 per kilogram.
CBIC newsletter details participation in WCO RHCA Conference, India-Singapore AEO MRA, ADVAIT Hackathon, CRCL-IIT Delhi MoU, and pre-GST Day celebrations.
