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Approval of Bhaktivedanta Hospital for Scientific Research – Section 35(1)(ii)

January 27, 2025 906 Views 0 comment Print

Shri Chaitanya Health and Care Trust’s Bhaktivedanta Hospital approved for scientific research under Section 35(1)(ii) of the Income-Tax Act for AY 2025-26 to 2029-30.

Income-Tax Rules Amended for Venture Funds & Finance Companies

January 27, 2025 1800 Views 0 comment Print

CBDT amends Income-Tax Rules, 1962, defining conditions for venture funds, finance companies, and retail schemes in IFSCs under Sections 10 and 94B of the IT Act.

MVAT Act 2025 Amendments: Key Changes & Tax Implications

January 27, 2025 2877 Views 0 comment Print

Maharashtra amends MVAT Act with retrospective effect from 2005, clarifying tax exemptions, deemed sales, and first charge provisions. Read the key updates.

Govt notifies Unified Pension Scheme for Central Govt Employees wef 01.04.2025

January 24, 2025 1710 Views 0 comment Print

Unified Pension Scheme under NPS offers assured payouts to Central Government employees, effective April 1, 2025, with flexible contributions and family benefits.

ICAI Aggregation of LLPs Guidelines 2024: Key Provisions

January 23, 2025 4599 Views 0 comment Print

Learn about ICAI’s Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs with practicing Chartered Accountants.

MHA Issues Notice on FCRA Compliance for NGOs

January 21, 2025 1692 Views 0 comment Print

MHA reminds NGOs to ensure valid FCRA registration for receiving and utilizing foreign contributions. Non-compliance may result in penal action.

ICAI Disciplinary Committee Reprimands Auditor for INC-22 Certification Misconduct

January 21, 2025 831 Views 0 comment Print

A Chartered Accountant was reprimanded by the ICAI Disciplinary Committee for professional misconduct related to the certification of a company’s registered office address.

ICAI Reprimands CA for Lapse in Incorporation Filing

January 20, 2025 444 Views 0 comment Print

ICAI’s Disciplinary Committee reprimands CA Mahinder Kamboj for professional misconduct in certifying company incorporation documents without due diligence.

Free Import Policy for Tur extended Until 31.03.2026

January 20, 2025 1311 Views 0 comment Print

India extends Free import policy for Tur/Pigeon Peas until March 31, 2026, under FTP 2023. Notification No. 51/2024-25-DGFT

EPFO Clarifications on Pension for Higher Wages Cases

January 18, 2025 9921 Views 3 comments Print

EPFO clarifies policies on pension computation, trust rules, arrears, and damages in higher wages cases per Ministry of Labour & Employment guidelines.

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