CBDT allows data sharing with Delhi’s IT Dept. for social welfare scheme identification under Income Tax Act Section 138. Read the latest notification.
IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publication in the official gazette.
The government extends Indian Potash Limited’s STE status for Urea imports until March 31, 2026, under revised foreign trade policy conditions.
NSE issues FAQs on Industry Standards for audit committee and shareholder review of related party transactions, effective April 1, 2025.
Vishnupriya Hotels’ appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company paid Rs. 60,000 after adjudication.
Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissions. Read the full case summary.
Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read the case details.
Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later reduced on appeal.
Highlights include the AEO Mutual Recognition Agreement with New Zealand, NACIN’s capacity-building strategies, and a Rs. 6.53 crore tax evasion case.
India imposes a five-year anti-dumping duty on vacuum insulated flasks from China to protect domestic manufacturers from underpriced imports.
