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Notification No. 10/2025-Central Tax: Territorial Jurisdiction Updates

March 13, 2025 14337 Views 0 comment Print

Detailed amendments to Notification No. 02/2017-Central Tax, revising territorial jurisdictions for Alwar, Chennai Outer, Jaipur, Jodhpur, Madurai, and more.

CBIC Seeks Proposals for Revising CGST Jurisdiction

March 12, 2025 2241 Views 1 comment Print

CBIC invites proposals from CGST zones to reorganize territorial jurisdictions, aiming for a comprehensive assessment. Deadline for submission: March 31, 2025.

DGFT introduces GAER for Simplified Re-Export of Repaired SCOMET Items

March 10, 2025 1512 Views 0 comment Print

Amendments to Para 10.12(D) of HBP 2023 streamline GAER for SCOMET item re-exports. One-time authorization now includes quarterly reporting requirements.

Consultation on Draft Competition Commission of India (Conduct) Rules, 2025

March 10, 2025 696 Views 0 comment Print

CCI invites stakeholder comments on the draft Competition Commission of India (Conduct) Rules, 2025, ensuring ethics, confidentiality, and regulatory compliance.

Audit of Accounting Estimates & Judgments Income Taxes – Ind AS 12 – NFRA

March 10, 2025 1611 Views 0 comment Print

Overview of NFRA’s interaction series focusing on auditor-audit committee communications, covering deferred tax assets, liabilities, and Ind AS 12 requirements.

IFSCA Public Consultation on Oilfield Equipment Leasing Framework

March 10, 2025 723 Views 0 comment Print

IFSCA seeks public comments on enabling oilfield equipment leasing as a financial product. Submit feedback by March 28, 2025, to support India’s exploration initiatives.

IRDAI Guidelines on Bond Forwards for Insurers

March 10, 2025 1248 Views 0 comment Print

IRDAI permits insurers to use Bond Forwards for hedging, subject to compliance with RBI directions, prudential norms, and operational guidelines from FIMMDA.

IFSCA Issues Circular on Contribution to SGF in IFSC

March 7, 2025 897 Views 0 comment Print

IFSCA clarifies SGF contributions by Clearing Corporations in IFSC under amended MII Regulations, 2021. Includes net worth calculation and interest accrual.

Future of Taxation in India: Trends and Predictions

March 6, 2025 3090 Views 0 comment Print

Explore India’s evolving tax landscape, including GST reforms, AI-driven compliance, international tax treaties, green taxation, and digital tax policies shaping the future.

IBBI Suspends Valuer’s Registration for flawed Valuation Report in CIRP & Liquidation

March 5, 2025 933 Views 0 comment Print

IBBI suspends valuer for six months for non-transparent valuation in CIRP and liquidation of Base Corporation Ltd., citing violations of Valuation Rules, 2017.

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