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Circulars

Spices Ineligible for Duty-Free Import Authorisation

September 22, 2025 606 Views 0 comment Print

DGFT clarifies that all spices are ineligible for import under the DFIA scheme due to their classification under Appendix 4J, which requires pre-import conditions.

MCA Allows AGMs & EGMs via Video Conference but not change in Deadlines

September 22, 2025 9186 Views 0 comment Print

Ministry of Corporate Affairs extends virtual AGMs and EGMs via VC/OAVM until further notice, but clarifies that statutory deadlines remain unchanged.

SEBI Simplifies Security Transfers from Nominee to Legal Heirs

September 19, 2025 1431 Views 0 comment Print

SEBI mandates the use of a new reason code, “TLH,” for security transmissions from a nominee to a legal heir to prevent incorrect tax assessments and streamline the process.

SEBI Updates Social Stock Exchange Framework

September 19, 2025 960 Views 0 comment Print

SEBI has amended its framework for the Social Stock Exchange (SSE), specifying new registration requirements and disclosure standards for not-for-profit organizations.

CBDT Waives Interest on Section 87A Rebate Demands After Rectification

September 19, 2025 5436 Views 3 comments Print

CBDT allows waiver of interest where 87A rebate was initially granted but later disallowed via CPC rectification. Taxpayers must clear such 87A-related demands by 31.12.2025 to avail the relief.

PFRDA Extends UPS Option Deadline for New Joinees to 30.09.2025

September 19, 2025 564 Views 0 comment Print

PFRDA allows new central government employees to physically submit Form A1 by September 30, 2025, to opt for the Unified Pension Scheme.

Clarification on listing of convertible debt securities on recognised stock exchanges in IFSC

September 18, 2025 621 Views 0 comment Print

The IFSC Authority has issued a new circular clarifying that existing regulations for debt securities will apply to convertible debt instruments like FCCBs.

EPFO Revises Delegation of Powers for Transactions

September 18, 2025 1611 Views 0 comment Print

The EPFO has simplified its approval process for exceptional transactions, delegating authority to lower-level officials to streamline financial and account-related tasks.

EPFO Simplifies PF Transfer Claims for Members

September 18, 2025 1245 Views 0 comment Print

The EPFO now allows members to download their Annexure K transfer certificate directly from the Member Portal, making it easier to track PF transfers.

NPS Multiple Scheme Framework for Private Workers

September 16, 2025 2616 Views 0 comment Print

The PFRDA introduces a Multiple Scheme Framework for NPS, allowing private sector subscribers to hold multiple pension schemes and diversify their retirement investments.

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