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Govt Restricts Roller Chain Imports Below ₹235/kg

May 26, 2025 1293 Views 0 comment Print

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.

Weekly newsletter from Chairman, CBIC dated 26/05/2025

May 26, 2025 819 Views 0 comment Print

CBIC newsletter details participation in WCO RHCA Conference, India-Singapore AEO MRA, ADVAIT Hackathon, CRCL-IIT Delhi MoU, and pre-GST Day celebrations.

SEBI notifies Final Settlement/Expiry Day for Equity Derivatives Contracts

May 26, 2025 1329 Views 0 comment Print

SEBI mandates equity derivatives to expire on Tuesday or Thursday. Exchanges must comply with new rules and submit proposals by June 15, 2025.

How Digital Platforms Are Transforming Road Safety and Compliance in Maharashtra?

May 24, 2025 888 Views 0 comment Print

Driving on Indian roads is not a cakewalk, but it takes adeptness and presence of mind to avoid accidents. For this reason, the Government of India is encouraging the introduction of digital platforms in all states, which will help reduce accidents on highways and roads.

How a 2 Crore Term Insurance Plan Can Save You on Taxes

May 23, 2025 2955 Views 2 comments Print

Learn how a ₹2 crore term insurance plan offers tax benefits under Sections 80C, 80D, and 10(10D) while providing essential financial protection.

Revised CAG directions for Statutory Auditors – Section 143(5) of Companies Act

May 23, 2025 15561 Views 0 comment Print

The CAG has issued revised directions for statutory auditors of government companies, effective May 23, 2025, covering investment valuation, IT system accounting, fund utilization, risk management, and regulatory compliance.

RBI Draft Circular on Inoperative Accounts/Unclaimed Deposits

May 23, 2025 1533 Views 0 comment Print

The RBI has released a draft circular for public comment until June 6, 2025, proposing amendments to rules on inoperative accounts and unclaimed deposits, including enabling Business Correspondents for KYC updates.

RBI Revises Economic Capital Framework (ECF) 2025 -Read Highlights

May 23, 2025 1995 Views 0 comment Print

The RBI has updated its Economic Capital Framework based on a five-year review, adjusting risk buffers for market, credit, operational, and monetary/financial stability risks to enhance resilience and smoothen surplus transfers.

IFSC Co-investment Framework for Venture Capital

May 21, 2025 1251 Views 0 comment Print

The IFSCA outlines a new framework enabling Venture Capital and Restricted Schemes in IFSCs to co-invest via Special Purpose Vehicles (SPVs), allowing for leverage. This offers a structured approach for fund managers.

Due date for filing of Form CSR 2 for FY 23-24 extended till June 30, 2025

May 19, 2025 12990 Views 0 comment Print

Ministry of Corporate Affairs has announced an extension for filing Form CSR-2 for the financial year 2023-24, moving the deadline to June 30, 2025. This amendment to the Companies (Accounts) Rules, 2014, provides companies additional time for compliance.

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