New customs tariff values for goods like gold, silver, palm oil, and more are effective January 2025, as per Notification No. 88/2024 by India’s Ministry of Finance.
CBDT extends the deadline for filing belated or revised income tax returns for AY 2024-25 from Dec 31, 2024, to Jan 15, 2025.
GST registration in Arunachal Pradesh now requires biometric Aadhaar authentication and document verification via GST Suvidha Kendra appointments.
SEBI introduces a new ‘MF Lite’ framework to simplify compliance for passive mutual funds, promoting market entry, diversification, and innovation.
SEBI clarifies the compliance timelines and regulatory forbearance for its Cybersecurity and Cyber Resilience Framework, effective January 2025.
DGFT has imposed a Minimum Import Price (MIP) of Rs. 20,108 per MT on Soda Ash imports till June 2025 under the revised import policy.
CBDT extends the due date for determining payable amounts under the Direct Tax Vivad Se Vishwas Scheme to January 31, 2025.
A Disciplinary Committee has cleared CA. Sandeep Garg of professional misconduct, finding him not guilty of grossly negligent tax audit reporting for Cement Corporation of India.
ICAI Disciplinary Committee orders removal of CA Praveen Murarka from register for three months and a ₹50,000 fine for professional misconduct.
The Institute of Chartered Accountants of India (ICAI) Disciplinary Committee has reprimanded a CA and imposed a fine of Rs. 20,000 for professional misconduct including issuing an unmodified audit report for a company with negative net worth and failing to report on non-compliance with the Companies Act, 2013.
