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...
GST registration is mandatory for businesses exceeding Rs.20/40 Lakhs turnover. Learn about compulsory registration for RCM, e-commerce, and inter-state suppliers, penalties for non-compliance, and ITC benefits.
The Electricity (Amendment) Bill, 2025 introduces competition in power distribution while protecting subsidies for farmers. It mandates shared networks and Universal Service Obligation.
Navigate common MCA V3 filing errors for AOC-4 (Financial Statements) and MGT-7/7A (Annual Return). Get solutions for DSC, data mismatch, sequence, and disclosure problems.
Auditors Opinion on financial statements is mandatory for GST and Tax Audits for UDIN generation. It clarifies types of modified opinions, reporting requirements, and exclusions.
Notification 45/2025 merges 31 previous customs notifications into a single reference, continuing most exemptions and simplifying trade procedures from 1st November 2025.
A new facility in Invoice Management System (IMS) has been introduced on GST portal wherein taxpayers are allowed to keep credit notes as Pending for one tax period.
Taxpayers cannot file GSTR-9 for FY 2024-25 unless all GSTR-1 and GSTR-3B returns are completed. Auto-population of relevant tables depends on these filings.
Comprehensive FAQ on the new MCA AOC-4 V3 form for FY 2025. Covers offline filing, mandatory PDF attachments, director address rule, conditional STP, and revision process.
Understand the transition from the Income-tax Act, 1961, to the 2025 Act, effective April 1, 2026. This summary clarifies how the legacy law governs pending obligations, assessments, appeals, and tax returns for prior financial years.
Effective Sept 22, 2025, GST on hotel rooms Rs.7,500 drops to 5% (without ITC), and beauty services to 5% (without ITC), compelling hotels to adjust pricing and ITC compliance.
