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Notifications/Circulars

IRDAI Fines UIB Insurance Brokers ₹1 Crore for Premium Remittance Delay

February 19, 2025 138 Views 0 comment Print

IRDAI penalizes UIB Insurance Brokers ₹1 crore for delayed premium remittances. The company must review pending transactions and improve compliance processes.

One-Time UPI Mandate for Premium Blocking: Bima-ASBA for Life & Health Insurance

February 18, 2025 303 Views 0 comment Print

IRDAI introduces Bima-ASBA via UPI for secure insurance premium payments. Funds blocked until proposal acceptance. Effective from March 1, 2025.

IBBI Disciplinary Order Against IP for failure in approvals, non-cooperation & incomplete disclosures

February 18, 2025 132 Views 0 comment Print

IBBI issues disciplinary order against Mr. Arumugam for lapses in insolvency cases. Key issues include failure in approvals, non-cooperation, and incomplete disclosures.

IFSCA Amends SNRR Account Regulations for Business Transactions

February 18, 2025 246 Views 0 comment Print

IFSCA revises SNRR account rules, allowing IFSC units to open accounts outside IFSC for business transactions. New regulations take effect from January 14, 2025.

Biometric Aadhaar Authentication for GST Registration in Jharkhand & Andaman 

February 18, 2025 930 Views 0 comment Print

GST registration in Jharkhand & Andaman now requires biometric Aadhaar authentication and document verification at GST Suvidha Kendras. Learn the new process.

ICAI Issues Corrigendum for CA Firm Merger Guidelines 2024

February 18, 2025 282 Views 0 comment Print

ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, and merger-related provisions.

RBI Launches RBIDATA Mobile App for Economic Data

February 18, 2025 423 Views 0 comment Print

RBI introduces RBIDATA mobile app, providing macroeconomic and financial data on the Indian economy with interactive charts and search features.

CBDT extends Due Date for Filing Form 56F for AY 2024-25

February 18, 2025 8391 Views 0 comment Print

CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for AY 2024-25.

Customs (On-Arrival Movement for Storage & Clearance) Regulations 2025

February 17, 2025 894 Views 0 comment Print

Customs notification introduces regulations for storage and clearance of goods at Authorised Importer premises under the Customs Act, 1962.

Automation of Customs Refunds: Circular No. 05/2025-Customs

February 17, 2025 903 Views 0 comment Print

CBIC introduces online Customs refund applications via ICEGATE. Manual refunds allowed till 31st March 2025. Transition ensures transparency and efficiency.

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