KSCAA urges Union Finance Minister to reform Black Money Act (BMA) penalties. Sug-gestions include amnesty, proportional fines, higher thresholds, and a ‘reasonable cause’ test for taxpayers.
India restricts import of select flax and jute goods from Bangladesh via land ports; allowed only through Nhava Sheva seaport. Transits to Nepal/Bhutan exempted.
Ministry of Corporate Affairs updates Companies (Incorporation) Rules 2014, substituting Form INC-22A with a new e-Form, effective July 14, 2025.
The Ministry of Corporate Affairs has amended the Companies (Restriction on number of layers) Rules, 2017, substituting Form CRL-1, effective July 14, 2025.
SEBI clarifies recent media reports, confirming it conducted search and seizure operations in June 2025 related to a “pump and dump” scam, with investigations ongoing.
SEBI has released a consolidated Master Circular for Research Analysts, incorporating all guidelines up to June 20, 2025, superseding previous directives for clarity and accessibility.
SEBI releases revised Master Circular for Investment Advisers, consolidating directions up to June 11, 2025. Previous circulars now rescinded and replaced.
India’s Ministry of Finance announces countervailing duties on Digital Offset Printing Plates from China and Taiwan for five years, following findings of subsidized exports and material injury threat to domestic industry.
RBI issues guidelines for Aadhaar Enabled Payment System to enhance ATO due diligence, risk monitoring, and fraud prevention, effective January 1, 2026.
SEBI circular mandates portfolio rebalancing timelines for all passive breaches in actively managed mutual fund schemes, based on MFAC recommendations.
