The Chartered Accountants Association, Surat (CAAS), addresses the Finance Minister regarding systemic issues within the GST framework, including data privacy, registration delays, refund challenges, misuse of power, inter-departmental discord, amnesty scheme flaws, staff shortages, penalty application, communication irregularities, and appellate delays. The letter also proposes a “GSTCoin” system to enhance transparency and efficiency.
SEBI has issued a circular updating the Investor Charter for Research Analysts to boost investor protection, outlining RA responsibilities, grievance redressal, and transparency.
CBIC unveils FY2025 action plan, launches feedback system, and uncovers Rs. 20 crore import fraud involving undervalued luxury furniture.
IBBI rejects appeal by valuer Vipan Kumar against 3-month suspension over non-compliance in valuation report for Base Corporation’s insolvency case.
Vaishali Proficient Nidhi Ltd. penalized for failing to include DINs in filings from FY2015 to FY2019. Total penalties exceed Rs. 10 lakh.
CBDT notifies Ten Year Zero Coupon Bonds of REC Ltd. under Income-tax Act for issuance by March 2027 with a maturity value of ₹5,000 crore.
CBIC notification assigns 700 customs appeal cases to Commissioner of Customs (Appeals), Mumbai Zone-I. Details on adjudication and effective date.
ESG principles continue to evolve globally, with a need for sector-specific standards, data monitoring, and improved reporting for sustainable growth.
SEBI finds SBL promoters guilty of a pump-and-dump scheme; imposes market bans and penalties. Misleading YouTube videos misled retail investors.
CBDT corrigendum adds Sikkim to the list of eligible states for income tax deductions under Section 80-IE for North-Eastern undertakings.
