The DGFT launched a focused campaign to expedite EODC issuance and clear pending export obligations. The initiative resulted in a sharp increase in approvals and faster processing rates. It highlights improved efficiency and reduced compliance burden for exporters.
The audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verification and compliance mechanisms to prevent revenue loss.
This webinar breaks down the major structural and conceptual changes introduced in the new Income Tax Act, 2025. It helps professionals understand practical implications and adapt to the updated tax regime.
A representation seeks doubling the SMC threshold due to inflation and higher dispute values. The key takeaway is that increasing limits could speed up appeal disposal and reduce backlog.
The government replaced the six-decade-old law with the Income-tax Act, 2025. The reform aims to simplify compliance through clearer language and structure.
The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their critical role and need for enhanced supervision.
IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protection in digital insurance platforms.
SEBI noted that earlier concerns on unequal taxation have been addressed under the new capital gains regime. The proposal aims to restore open market buy-backs with safeguards ensuring fairness and transparency.
The issue concerns the inability to update trust details in CSR-1 registration records. It was highlighted that outdated information leads to compliance challenges, making a case for enabling modification of records.
ICSI raised concerns over delays in NCLT hearings affecting corporate restructuring and insolvency matters. It emphasized the need for prioritised listing to ensure timely adjudication.