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ROC Hyderabad imposes Penalty on Directors for Delay Between Board Meetings

August 12, 2025 582 Views 0 comment Print

An ROC Hyderabad order imposes penalties on directors of PONDICHERRY-TINDIVANAM TOLLWAY PRIVATE LIMITED for a 268-day gap between board meetings.

Rajasthan GST: ITC Claim Verification for Late Registrations

August 12, 2025 720 Views 0 comment Print

Learn about the Rajasthan Commercial Taxes Department’s new directive on verifying and rejecting Input Tax Credit claims for businesses with late GST registrations.

SEBI Approves Mutual Fund Units as Alternative to Bank Deposits for IAs & RAs

August 12, 2025 993 Views 0 comment Print

SEBI allows Investment Advisers and Research Analysts to use liquid or overnight mutual funds to meet their deposit requirements, providing an alternative to bank deposits.

CBDT notifies Income Tax Exemption to Parambikulam Tiger Conservation Foundation

August 12, 2025 585 Views 0 comment Print

The Central Board of Direct Taxes has granted income tax exemption to the Parambikulam Tiger Conservation Foundation on specific income types for multiple assessment years.

IBC 2016 (Amendment) Bill, 2025 introduced in Lok Sabha

August 12, 2025 1662 Views 0 comment Print

Insolvency and Bankruptcy Code Amendment Bill 2025 proposes creditor-led insolvency, group and cross-border resolution, governance changes, and procedural clarity to improve IBC implementation.

RBI Allows Vostro Account Holders to Invest in Govt Bonds

August 12, 2025 1500 Views 0 comment Print

RBI permits non-resident Vostro account holders to invest surplus rupee funds in Central Government Securities, aiming to boost international trade settlements.

Revamped Regulatory Framework for Global Access in IFSC

August 12, 2025 1017 Views 0 comment Print

IFSCA has issued a circular detailing a new regulatory framework for Global Access Providers, outlining rules for market access, investor protection, and compliance.

New FASTag Annual Pass for Non-Commercial Cars

August 11, 2025 26667 Views 2 comments Print

The Ministry of Road Transport & Highways introduces a new annual FASTag pass for non-commercial vehicles, effective August 15, 2025, allowing for 200 crossings.

CBIC Newsletter: Drug Awareness, Tax Evasion, Seizure

August 11, 2025 756 Views 0 comment Print

A CBIC newsletter details a drug awareness campaign, a DRI seizure of mis-declared rock salt, and a DGGI tax evasion case against an online gaming company.

DGFT Imposes Port Restrictions on Bangladesh Imports

August 11, 2025 1182 Views 0 comment Print

DGFT has issued a notification restricting imports of certain jute goods from Bangladesh to India, allowing entry only through Nhava Sheva Seaport.

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