SEBI mandates updated NISM certifications for key staff in AIFs. Category-wise exams required by July 31, 2025. Older May 2024 notification rescinded.
A protocol amending the Double Taxation Avoidance Agreement (DTAA) between India and Oman came into force on May 28, 2025. This notification outlines changes to tax rates, definitions, and introduces provisions for non-discrimination and enhanced information exchange.
CBDT allows processing of delayed ITRs filed under Section 119(2)(b) by March 2024. Refunds and related provisions to follow, with intimation by March 2026.
RBI updates Depositor Education & Awareness Fund Scheme, 2014, with consolidated operational guidelines effective October 1, 2025, for all banks.
A company and its directors face penalties from ROC Ahmedabad for failing to file a mandatory board resolution under the Companies Act, 2013.
ROC Ahmedabad imposes penalties on Harsh Gathani Enterprise Private Limited and two officers for failing to maintain proper minute books under Section 118(11) of the Companies Act, 2013.
RBI has amended FEMA regulations, including tugs, dredgers, and offshore support vessels under export of goods and services, subject to their re-import.
CBIC clarifies review, revision, and appeal process for GST orders issued by Common Adjudicating Authorities related to DGGI show cause notices.
CBDT notifies FSSAI for income tax exemption under section 10(46A) of the Income-tax Act, effective from assessment year 2026-27, subject to conditions.
India’s Ministry of Finance imposes anti-dumping duties on Potassium Tertiary Butoxide (KTB) from China PR, USA, and Sodium Tertiary Butoxide (STB) from China PR for five years.
