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RBI Mandates PRAVAAH for Regulatory Applications from May 2025

April 11, 2025 1188 Views 0 comment Print

RBI advises all entities, including regulated ones, to use the PRAVAAH portal for submitting regulatory applications starting May 1, 2025, to enhance efficiency.

Dearness Relief Hike for 5th CPC CPF Beneficiaries

April 11, 2025 516 Views 0 comment Print

The government has announced an increase in Dearness Relief for 5th CPC series CPF beneficiaries receiving basic ex-gratia payments, effective July 1, 2024.

IBBI Disposes Appeals: RTI Act Limits to Existing Information Only

April 11, 2025 507 Views 0 comment Print

IBBI’s First Appellate Authority disposes of RTI appeals concerning information on actions against a Resolution Professional and CoC details.

HSN Code Changes in GSTR-1 Table-12 from April 2025

April 11, 2025 16023 Views 1 comment Print

From April 2025, GSTR-1 Table-12 will be split into B2B and B2C with mandatory HSN code selection from dropdown. Manual entry will not be allowed.

GSTN Advisory on reporting values in Table 3.2 of GSTR-3B

April 11, 2025 18369 Views 1 comment Print

Important update on GSTR-3B Table 3.2. Starting April 2025, auto-populated inter-state supply values will be non-editable. Learn how to correct them.

ITO doesn’t have jurisdiction to issue notice to NRI: ITAT Chandigarh

April 11, 2025 5895 Views 0 comment Print

ITAT Chandigarh held that ITO Ward-3(1), Chandigarh had no jurisdiction to issue notice to an NRI and hence consequently the assessment as framed by Assessing Officer International Taxation is bad-in-law.

IFSCA (KYC Registration Agency) Regulations, 2025

April 11, 2025 1920 Views 0 comment Print

IFSCA releases regulations for KYC Registration Agencies in IFSC, outlining registration, operational, and compliance requirements for these entities.

DGFT Launches Global Trade Helpdesk for EXIM

April 11, 2025 1062 Views 0 comment Print

DGFT starts a Global Tariff and Trade Helpdesk to support exporters and importers with EXIM, tariff, logistics, and compliance challenges.

IFSCA Updates Trade Finance Platform Guidelines

April 11, 2025 579 Views 0 comment Print

IFSCA amends ITFS platform guidelines to clarify AUM, financier eligibility, and FATF compliance for enhanced regulatory clarity and risk management.

ICAI vs. ICTPI: Name Similarity Dispute Dismissed by RD

April 11, 2025 15924 Views 2 comments Print

Regional Director dismisses ICAI’s plea to rectify ICTPI’s name, citing no deceptive similarity and ICTPI’s undertakings to avoid confusion.

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