The Institute has proposed syllabus changes to align with modern industry, regulatory, and technological needs. Stakeholders are invited to share inputs to shape a more practical and skill-based curriculum.
The representation highlights ambiguity in whether the ₹2.5 crore ITC threshold should be annual or cumulative. It emphasizes that lack of clarity may delay genuine cancellation requests and create hardship for small taxpayers.
The tax department clarified that no search or restriction was carried out against the individual. It termed the allegations baseless and factually incorrect.
Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights strict enforcement against large-scale GST refund fraud using shell entities.
The issue highlights a new agreement between financial regulators of both countries. The key takeaway is that the MoU promotes collaboration, transparency, and stronger financial ecosystems.
IFSCA approved the first foreign family office fund under its 2025 regulations. The move strengthens GIFT IFSC’s position as a global destination for private wealth management.
Commerce Ministry reforms DGFT Norms Committees to improve disposal of Advance Authorisation applications and strengthen export facilitation processes.
ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow direct refiling to resolve compliance hurdles.
The representation points out that e-form design is imposing requirements beyond the law. It seeks alignment of system validations with statutory provisions.
The issue is ambiguity in filing authority during liquidation. ICSI has requested clarity to enable liquidators to maintain statutory compliance and accurate records.
