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CAG Compendium on Impact of Audit on Income Tax & GST Administration

November 27, 2025 1578 Views 0 comment Print

The C&AG’s audits ensure proper assessment, collection, and allocation of direct taxes, identifying evasion risks and improving departmental efficiency. Key takeaway: audits directly safeguard government revenue and enhance public trust

Code on Wages 2019 Ensures Minimum Pay and Fair Work

November 27, 2025 1182 Views 0 comment Print

The 2019 Code guarantees statutory minimum wages, timely payment, and social security for all workers, enhancing equity, protecting vulnerable employees, and boosting productivity.

Electricity Amendment Bill 2025 Rationalizes Tariffs & Boosts Competition

November 27, 2025 1005 Views 0 comment Print

The Bill introduces cost-reflective tariffs, reduces cross-subsidies, and fosters competition in electricity distribution while protecting farmers and low-income consumers.

Income Tax Exemption Granted to Technical Education Board for Defined Income Categories

November 26, 2025 450 Views 0 comment Print

The notification grants tax exemption to a state technical education board under section 10(46) for specific income streams. It outlines permitted income, mandatory conditions, and the retrospective and prospective applicability of the exemption.

Patents (Amendment) Rules, 2025

November 25, 2025 2955 Views 0 comment Print

The 2025 amendment introduces electronic complaint filing, inquiry procedures, and penalties under the Patents Act, ensuring transparency and efficient enforcement.

SEBI Tightens Rules for Research Analysts in 2025

November 25, 2025 2058 Views 0 comment Print

SEBI’s 2025 amendment updates research analyst qualifications, certification renewal, and reporting requirements, ensuring professional standards and regulatory compliance.

SEBI Proposes exclusion of ZCZP Bonds from BSDA Eligibility

November 25, 2025 552 Views 0 comment Print

Draft circular proposes that Zero Coupon Zero Principal bonds be excluded from Basic Services Demat Account eligibility to reflect realizable investment value.

Penalty imposed on Company for Delay in Holding Board Meetings

November 22, 2025 609 Views 0 comment Print

MCA imposed penalties for delayed board meetings, citing a 427-day gap as non-compliance. The order directs payment within 90 days and outlines appeal rights and consequences for non-payment.

OC Bengaluru Imposes Penalties for Delay in Issuing Share Certificates

November 22, 2025 492 Views 0 comment Print

ROC Bengaluru imposed penalties for a 403-day delay in issuing share certificates, citing violation of Section 56. The order directs payment within 90 days and outlines the appeal process.

ROC Bengaluru Imposed Penalties for Delay in Holding Board Meeting

November 22, 2025 528 Views 0 comment Print

The ROC Bengaluru imposed penalties for a 94-day delay in conducting the required board meeting, citing violation of Section 173(1). The order directs payment within 90 days and outlines the appeal process

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