Delhi GST Dept exposes ₹30 Cr fake ITC via non-existent firms. Circular mandates recovery, ITC reversal & cross-jurisdiction enforcement.
The DGFT clarifies that the Minimum Import Price (MIP) for Virgin Multi-layer Paper Board does not apply to EOUs, SEZ units, and imports under Advance Authorization schemes.
CBDT modifies Circular No. 9 of 2022, extending the deadline for investments under clause 23FE of the Income-tax Act from March 2025 to March 2030.
SEBI has introduced a framework to strengthen intraday monitoring of equity index derivatives, setting new position limits to curb excessive risk and enhance market stability.
SEBI has extended deadlines for regulated entities to comply with digital accessibility standards. The circular grants a one to twelve-month extension for various reporting and audit requirements.
SEBI issues new clarifications on its Cybersecurity and Cyber Resilience Framework, introducing principles for entities under multiple regulators.
SEBI new circular extends deadlines for stock brokers to submit half-yearly net worth certificates aligning them with financial reporting timelines. This promotes ease of doing business.
IRDAI’s recent order declines a request to reduce or exempt insurance premiums for educational institution buses during the COVID-19 lockdown period.
SEBI has extended the deadline for its new margin pledge system to October 10, 2025, after requests from depositories for more time to prepare their systems.
The IRDAI has directed all insurers to conduct a second Quantitative Impact Study (QIS 2) to refine the Risk-Based Capital framework. Results are due by October 15, 2025.
