SEBI cautions the public against investing in unregulated digital gold products offered online, stating they are outside its regulatory purview and lack investor protection unlike SEBI-approved ETFs, derivatives, or EGRs.
IRDAI cautioned Universal Sompo for claim closures, refund delays, and late settlements. The insurer was warned to improve compliance and reporting.
India extends anti-dumping duty on flax fabric from China and Hong Kong for five years to prevent continued dumping and protect domestic industry.
CBDT notifies Ayodhya Vikas Pradhikaran as exempt under Section 10(46A) of the Income Tax Act, effective from AY 2024-25, with retrospective effect.
CBDT grants tax exemption to Haryana Building and Other Construction Workers Welfare Board for specific income types under Section 10(46) from FY 2025-26 to 2029-30, with compliance conditions.
PFRDA updates Corporate NPS rules, requiring mutual agreement between employers and employees for pension fund selection and investment choices.
ROC Mumbai penalizes Sweet Elephant Infotech Pvt. Ltd. and its director for non-filing of financial statements for FY 2020-21 under Section 137(3).
ROC Bangalore penalised Amagi Media Labs Ltd. and its directors for a 49-day delay in appointing a company secretary, violating Section 203(5) of the Companies Act, 2013.
ROC Bangalore imposed penalties on Amagi Media Labs and its directors for delay in appointing a company secretary under Section 203 of the Companies Act.
Notification 157/2025 sets 1% tolerance for wholesale trading and 3% for all other cases for Arm’s Length Price variation for AY 2025-2026 under the Income-tax Act.
