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IIT Madras Research Park Gets Tax Income Tax Approval for scientific research

August 27, 2025 972 Views 0 comment Print

CBDT has granted IIT Madras Research Park approval for scientific research under Section 35(1)(iia) of Income Tax Act for a five-year period.

Customs Rules on Gifts & Personal Imports Explained

August 27, 2025 2772 Views 0 comment Print

A new directive from CBIC aims to clarify duty calculations, KYC norms, and procedures for gifts and personal imports via courier and postal services.

DGFT to Revise SIONs for Food Items: Feedback Invited

August 27, 2025 372 Views 0 comment Print

DGFT issues notice to revise SIONs for food items. Exporters and stakeholders invited to submit feedback by 5 September 2025 for clearer trade norms.

IRDAI Rejects School Bus Premium Exemption request

August 26, 2025 618 Views 0 comment Print

IRDAI has refused to reduce or exempt insurance premiums for school buses during the Covid-19 lockdown, citing legal and contractual reasons.

SEBI Extends Net Worth Certificate Submission Deadlines

August 26, 2025 1146 Views 0 comment Print

SEBI new circular extends deadlines for stock brokers to submit half-yearly net worth certificates aligning them with financial reporting timelines. This promotes ease of doing business.

Companies (Incorporation) Second Amendment Rules, 2025

August 26, 2025 2043 Views 0 comment Print

The Ministry of Corporate Affairs has issued an amendment to the Companies (Incorporation) Rules, 2014, substituting Form No. RD-1, effective from September 15, 2025.

RTI Appeal on GVR Infra Resolution Plan Rejected by IBBI

August 26, 2025 450 Views 0 comment Print

The IBBI dismisses an RTI appeal, upholding the denial of a resolution plan for GVR Infra Projects Ltd. citing commercial confidentiality.

DGFT Suspends SIONs for Food Products

August 26, 2025 1389 Views 0 comment Print

India’s DGFT has suspended Standard Input Output Norms (SIONs) for select food products. This notice affects exporters using the Advance Authorisation scheme.

Customs Mandates BIS Registration Checks for Imports

August 26, 2025 1653 Views 0 comment Print

CBIC instructs customs officers to verify BIS registration validity for imports like CCTVs. The directive ensures compliance with quality and safety standards.

IRDAI Denies Insurance Premium Relief for School Buses

August 26, 2025 1434 Views 0 comment Print

IRDAI’s recent order declines a request to reduce or exempt insurance premiums for educational institution buses during the COVID-19 lockdown period.

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