Corporate Law : Overview of the Constitution (106th Amendment) Act, 2023 covering women’s reservation in Parliament and Assemblies, its scope, t...
Fema / RBI : The issue concerns alternative settlement mechanisms for international trade. The framework allows INR-based transactions with fle...
Company Law : The scheme allows companies to clear pending filings at reduced cost. It provides a major compliance relief with only 10% addition...
Goods and Services Tax : IGST refunds are not available when exports are made under LUT/Bond without tax payment. The clarification highlights eligibility ...
Income Tax : The issue covers taxation and computation of house property income under the new law. The key takeaway is clarity on annual value,...
Finance : The Authority clarifies application process, operating models, service limits, and compliance obligations under the new GIC Regula...
Corporate Law : The India–European Union Free Trade Agreement (FTA) is a comprehensive pact covering trade in goods, services, rules of origin, ...
Corporate Law : The ruling clarifies that digital processes are encouraged but not mandatory, ensuring workers rights are protected even through p...
Company Law : The law removes sector-based exclusions and extends minimum wage protection to all employees. It confirms universal coverage acros...
Corporate Law : The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 No...
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...
Goods and Services Tax : ITC availed for FY 2023-24 but reversed or claimed in FY 2024-25 must be reported in Table 6A1 of GSTR-9. Reversals from prior yea...
SEBI : The notice outlines detailed guidance on filing financial results under Regulation 33, covering timelines, disclosure norms, and r...
Penalty under Section 271AAB of the Income-tax Act is not applicable for searches after 1st September 2024, replaced by Section 158BFA penalty.
The Finance Bill 2025 amends Section 276BB, exempting prosecution for delayed TCS payment if paid before the prescribed filing deadline under Section 206C(3).
The Finance Bill 2025 simplifies taxation for self-occupied properties by relaxing conditions for determining annual value as nil, effective from AY 2025-26.
The Finance Bill 2025 extends the time limit for filing updated ITR from 24 to 48 months, with revised additional tax rates based on filing timelines.
The Finance Bill 2025 extends the time limit for passing orders under Section 115VP to three months from the end of the quarter of application receipt.
Finance Bill 2025 amends Section 206C(7A) to exclude court stay periods from the time limit for passing tax collection default orders, effective from April 1, 2025.
Finance Bill 2025 limits the carry forward of losses in mergers by computing the period from the original loss year, preventing indefinite extensions.
Finance Bill 2025 mandates reporting entities to furnish prescribed information on crypto-asset transactions as part of India’s compliance with global tax frameworks.
From 2025, inland vessels registered under the Inland Vessels Act can opt for the tonnage tax scheme, ensuring tax certainty and simplified compliance.
From April 1, 2025, TCS on the sale of specified goods under Section 206C(1H) will no longer apply, reducing compliance burden and preventing liquidity blockage.
