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Notifications/Circulars

IFSCA Clarifies Rules for Financial Product Distribution

August 20, 2025 849 Views 0 comment Print

IFSCA provides informal guidance to LGT Wealth, clarifying that a firm’s non-IFSC office can distribute IFSC products under a code of conduct.

IBBI suspended RP for filing liquidation without compliance under CIRP Regulations

August 20, 2025 978 Views 0 comment Print

IBBI suspended RP Chandra Prakash Jain for six months for filing liquidation without compliance under CIRP Regulations 39B and 39C.

RBI invites comments on draft circular on Counterparty Credit Risk

August 20, 2025 957 Views 0 comment Print

The RBI has released a draft circular to update its guidelines on Counterparty Credit Risk, aligning them with international standards and market realities. 

Income-tax Rules Amendment 2025: IFSC Insurance

August 20, 2025 804 Views 0 comment Print

The Central Board of Direct Taxes has amended the Income-tax Rules, 1962, via the Income-tax (Twenty-Third Amendment) Rules, 2025. This notification updates Form 10CCF for IFSC Insurance Offices.

GSTR-3B Due Date Extended for Mumbai Districts

August 20, 2025 816 Views 0 comment Print

Due date for GSTR-3B for July 2025 is extended to August 27, 2025, for taxpayers in Mumbai, Thane, Raigad, and Palghar districts of Maharashtra

UIDAI Amends Aadhaar Authentication Fee Rules

August 20, 2025 882 Views 0 comment Print

The UIDAI has amended its regulations, introducing a new fee for entities that receive updates on the status of Aadhaar numbers. The rules also allow for fee waivers.

Late Filing of Half-Yearly Form PAS-6 – ROC imposes Penalty

August 20, 2025 1692 Views 0 comment Print

The ROC has imposed penalties on Oriental Matchem Ltd. and its directors for violating the Companies Act by failing to file the half-yearly Form PAS-6 in time.

HP Sadhbhawana Legacy Cases Resolution Scheme, 2025, Phase-II

August 20, 2025 1254 Views 0 comment Print

Himachal Pradesh launches a new scheme to resolve legacy tax disputes, offering a three-month window for taxpayers to settle pending demands and assessments.

Himachal Pradesh Legacy Tax Cases Resolution Procedure – Phase-II

August 20, 2025 657 Views 0 comment Print

Himachal Pradesh’s new scheme procedure details how taxpayers can resolve legacy tax disputes by filing a declaration and paying a settlement fee.

FSSAI Appoints New Food Safety Officers for Railways

August 20, 2025 1059 Views 0 comment Print

The FSSAI has appointed three new Food Safety Officers for Indian Railways, effective August 20, 2025, to oversee food safety standards on trains.

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