PFRDA consults on adopting dual valuation (Accrual/MTM) for Government Securities in NPS/APY schemes to stabilize NAV, reduce interest rate volatility impact, and simplify pension wealth depiction for subscribers.
SEBI seeks public feedback on amending LODR Regulations to allow transfer of pre-April 2019 securities and simplify dematerialization processes.
Delhi ITAT allows Sanco Holding, a Norwegian company, to compute income from bareboat charter of seismic vessels under Article 21(4) of the India-Norway DTAA (7.5% presumptive tax on gross receipts), rejecting the Assessing Officer’s attempt to tax it under Section 44BB of the Income Tax Act.
BCAS urges GSTAT to add a dedicated dashboard for Authorized Representatives to streamline case tracking, enhance transparency, and improve digital efficiency.
ICAI writes to CBIC requesting a one-week extension for the September 2025 GSTR-3B due date, citing the Diwali festival period and recent GST rate revision system updates.
The Labour Ministry clarified EPFO reforms, which simplify withdrawals by merging 13 provisions into three, reducing eligibility to 12 months, and allowing 75% withdrawal immediately for greater ease and financial security.
CBI arrested a CGST Superintendent in Nashik accepting a Rs 5 lakh bribe related to an IGST matter. Searches yielded Rs 19 lakh cash. The accused is in police custody.
This SIA 340 standard explains how internal auditors must prepare Special Purpose Reports with clear scope, findings, and recommendations while maintaining confidentiality and objectivity.
SIA 330 sets requirements for internal audit assurance reports. Learn about mandatory structure, content, evidence-based reporting, levels of assurance, and timely communication protocols.
The decision outlines how reports must include executive summaries, observations, root cause analysis, and management responses, ensuring material risks are clearly communicated.
