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Gujarat HC Upholds GST Interest Advisory Validity

July 16, 2025 1521 Views 0 comment Print

Gujarat High Court dismisses plea challenging GST interest advisory, clarifying new Rule 142B requires intimation before recovery under Section 79.

CBIC Appoints CAA – Notification No. 47/2025-Customs (N.T.)

July 16, 2025 942 Views 0 comment Print

CBIC assigns a common adjudicating authority for show cause notices issued to Ammega Belting India Pvt. Ltd. under Customs Act provisions.

The Role of Independent Directors In Corporate Governance

July 16, 2025 1524 Views 0 comment Print

A study on the role, challenges, and impact of independent directors in Indian corporate governance, highlighting reforms and gaps in actual boardroom practice.

IBBI Suspends IP for acceptance of new assignment despite disciplinary proceedings

July 15, 2025 642 Views 0 comment Print

IBBI suspends Insolvency Professional Kairav Trivedi for two years over AFA violation, citing acceptance of new assignment despite disciplinary proceedings.

CBDT notifies Tax Exemption for Baddi Barotiwala Nalagarh Development Authority

July 14, 2025 492 Views 0 comment Print

CBDT grants tax exemption to BBNDA for FYs 2013–2018 on specific incomes. Conditions apply, including non-commercial activity and return filing.

IBBI Withdraws Form IP-1 for IBC Assignments

July 14, 2025 822 Views 0 comment Print

IBBI withdraws Form IP-1 for all IBC processes from July 14, 2025, following introduction of revised reporting framework and electronic Assignment Module.

IFSCA Proposes Master Circulars for IFSC Intermediaries

July 12, 2025 984 Views 0 comment Print

IFSCA invites comments on draft master circulars for capital market intermediaries in IFSC, streamlining regulations for registration, operations, and compliance.

IFSC Authority Proposes Stricter PID Appointments

July 12, 2025 576 Views 0 comment Print

IFSCA seeks public comment on new rules for Public Interest Directors on IFSC Market Infrastructure Institution boards, proposing stricter skill-sets, evaluation, and appointment processes for enhanced governance.

ICAI Bars Two CAs for Misconduct in NSEL Audit Case

July 11, 2025 966 Views 0 comment Print

ICAI found two CAs guilty of professional misconduct in the NSEL audit case and ordered one-year membership removal for CA Shrawan Jalan.

RBI Clarifies Rules on Gold, Silver Loan Collateral

July 11, 2025 6789 Views 0 comment Print

RBI allows voluntary pledge of gold and silver for agriculture and MSME loans up to collateral-free limits without breaching existing loan guidelines.

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