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CBDT Notifies NOIDA Authority for Income Tax Exemption

July 17, 2025 1656 Views 0 comment Print

CBDT notifies New Okhla Industrial Development Authority as exempt under Section 10(46A), effective from AY 2024–25, subject to compliance conditions.

DGFT Corrects HS Code for Jute Fabric Import Policy

July 17, 2025 711 Views 0 comment Print

DGFT issues correction to port restriction policy on imports from Bangladesh; updates HS Code from 530010 to 531010 for unbleached jute woven fabrics.

IRDAI 132nd Meeting: Key Regulatory Approvals 2025

July 16, 2025 2295 Views 0 comment Print

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 HC Upholds GST Interest Advisory Validity

July 16, 2025 1653 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 1041 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 1668 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 693 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 564 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 1329 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 1092 Views 0 comment Print

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

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