CBDT notifies New Okhla Industrial Development Authority as exempt under Section 10(46A), effective from AY 2024–25, subject to compliance conditions.
DGFT issues correction to port restriction policy on imports from Bangladesh; updates HS Code from 530010 to 531010 for unbleached jute woven fabrics.
IRDAI approves QIS 2 guidance, R1 license, and FY26-FY27 obligations in its 132nd meeting held on 14 July 2025; regulatory updates and panel formations noted.
Gujarat High Court dismisses plea challenging GST interest advisory, clarifying new Rule 142B requires intimation before recovery under Section 79.
CBIC assigns a common adjudicating authority for show cause notices issued to Ammega Belting India Pvt. Ltd. under Customs Act provisions.
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 Insolvency Professional Kairav Trivedi for two years over AFA violation, citing acceptance of new assignment despite disciplinary proceedings.
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 all IBC processes from July 14, 2025, following introduction of revised reporting framework and electronic Assignment Module.
IFSCA invites comments on draft master circulars for capital market intermediaries in IFSC, streamlining regulations for registration, operations, and compliance.