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RBI (Forward Contracts in Government Securities) Directions, 2025

February 21, 2025 2022 Views 0 comment Print

RBI releases Directions 2025 for forward contracts in government securities, applicable from May 2, 2025, outlining eligibility, settlement, and market regulations.

Include ‘Cost Accountant’ in definition of ‘Accountant’ under Income Tax Bill 2025: ICMAI

February 21, 2025 13146 Views 0 comment Print

The Institute of Cost Accountants of India seeks inclusion of Cost Accountants in the definition of “Accountant” under Section 515(3)(b) of Income-Tax Bill 2025.

SEBI Invites Comments on REITs and InvITs Draft Amendments

February 20, 2025 1035 Views 0 comment Print

SEBI seeks public comments on proposed amendments to REITs and InvITs Master Circulars, including lock-in rules and follow-on offer guidelines. Submit by March 13, 2025.

All about Income Tax / TDS Deduction from Salaries for FY 2024-25

February 20, 2025 16335 Views 0 comment Print

Key updates on income tax deduction from salaries under Section 192 for FY 2024-25, including amendments, surcharge rates, and new tax regime details.

‘Jan-Sunwai’ for redressasl of grievances of SEZ stakeholders

February 19, 2025 558 Views 0 comment Print

Instruction No. 118 mandates weekly Jan-Sunwai sessions via VC for SEZ grievance redressal, ensuring timely resolutions and monthly compliance reporting.

What is PAN 2.0? What is the Use of PAN Card? Do you need a new card – All Questions Answered

February 19, 2025 7488 Views 2 comments Print

The Income Tax Department (ITD) is upgrading the existing PAN card systems in India through a new e-governance project called PAN 2.0. This initiative will improve the taxpayer experience by integrating all PAN-related services on a single portal.

Key Highlights of Finance Bill 2025: Income Tax Changes

February 19, 2025 16860 Views 0 comment Print

Explore the Finance Bill 2025 highlights, including revised tax rates, TDS/TCS amendments, ULIP taxation, and updated rules for salary, house property, and tax returns.

Empanelment with J&K Grameen Bank For Concurrent Audit

February 19, 2025 5991 Views 0 comment Print

J&K Grameen Bank invites CA firms and bank retirees for concurrent audit assignments. Apply by 28.02.2025. Details on eligibility and application process provided.

One-Time UPI Mandate for Premium Blocking: Bima-ASBA for Life & Health Insurance

February 18, 2025 1185 Views 0 comment Print

IRDAI introduces Bima-ASBA via UPI for secure insurance premium payments. Funds blocked until proposal acceptance. Effective from March 1, 2025.

IBBI Disciplinary Order Against IP for failure in approvals, non-cooperation & incomplete disclosures

February 18, 2025 618 Views 0 comment Print

IBBI issues disciplinary order against Mr. Arumugam for lapses in insolvency cases. Key issues include failure in approvals, non-cooperation, and incomplete disclosures.

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