Fema / RBI : RBI has launched the Integrated Ombudsman Scheme, 2026, providing a centralized, cost-free mechanism for resolving complaints agai...
Fema / RBI : RBI has updated the FLA Return FAQs, clarifying who must file, the 15 July deadline, revision procedures, and reporting requiremen...
Income Tax : Learn who can apply for an advance ruling, applicable fees, withdrawal rules, and its binding effect under the Income-tax Act. The...
Company Law : The document clarifies that a director's resignation becomes effective upon receipt by the company or the specified future date, w...
Income Tax : Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due dat...
Corporate Law : MoSPI will introduce the Index of Services Production (ISP) to measure short-term changes in the formal services sector. The month...
Finance : The FAQs clarify the implementation of the IFSCA AML/CFT/KYC Guidelines, covering customer due diligence, reporting obligations, g...
Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
SEBI : NSE released detailed FAQs to address practical issues in submitting Quarterly Integrated Filing – Governance reports through XB...
Finance : The circular addresses uncertainty in FLA reporting FAQs under FEMA. It directs institutions to pause action until regulatory clar...
Corporate Law : FSSAI introduced perpetual licenses and simplified registration norms to ease compliance. The reforms reduce costs while maintaini...
SEBI : FPIs can now apply for Digital Signature Certificates directly within the CAF portal. The move simplifies onboarding and reduces p...
Goods and Services Tax : GSTN has clarified key issues on filing annual returns through consolidated FAQs. The guidance explains ITC reporting, auto-popula...
Form 186 application process, eligibility, documents, filing rules, and recognition of provident funds under Income-tax provisions explained briefly.
Form 185 sets format for maintaining provident fund subscriber accounts, including contributions, interest, and balances, with annual summary filing to tax authorities.
Form 183 audit report required for Section 49 deduction on site restoration fund. Filing mandatory with accountant certification before return deadline.
Form 182 audit report is mandatory to claim deduction under Section 48 for tea, coffee, and rubber businesses, ensuring compliance and verification.
Form 181 requires electoral trusts to file an audit report electronically to claim voluntary contributions as non-taxable income, within the due date of return filing.
The guidance clarifies that employee welfare funds must file Form 180 to seek approval for tax exemption. Approval is granted subject to conditions and verification by tax authorities.
Form 173 requires eligible funds to report details to claim no business connection in India. Filing is mandatory within 90 days to avoid penalties.
Details of Form 172 filing, eligibility, due date, documents, process, and penalty for non-compliance under Income-tax Act, 2025.
Individuals must file Form 171 to become authorised tax practitioners. Without approval, they cannot represent taxpayers before authorities.
AIS provides a full record of financial transactions linked to PAN. It helps taxpayers verify income and avoid reporting errors.
