Breaks down major updates including digital registration, reduced compliance for small establishments, revised working hours, and structured penalties.
The notification grants five-year approval for eligible scientific research activities under Section 35(1)(iia). It confirms retrospective applicability without adverse impact.
The Finance Ministry notifies the India-Belgium protocol amending the 1993 tax treaty, effective June 26, 2025, updating definitions, information exchange, and tax collection assistance provisions.
The RBI excludes 19 regional rural banks from the Second Schedule, changing their official recognition and regulatory status under the RBI Act.
CBDT notifies Ayodhya Vikas Pradhikaran as exempt under Section 10(46A) of the Income Tax Act, effective from AY 2024-25, with retrospective effect.
CBDT grants tax exemption to Haryana Building and Other Construction Workers Welfare Board for specific income types under Section 10(46) from FY 2025-26 to 2029-30, with compliance conditions.
Notification 157/2025 sets 1% tolerance for wholesale trading and 3% for all other cases for Arm’s Length Price variation for AY 2025-2026 under the Income-tax Act.
DGFT Notification restricts Red Sanders export (log/roots from cultivation) to a Restricted Export Authorisation, effective immediately. Export is now subject to state-wise annual quotas, strict S151 sanction rules, and mandatory digital platform tracking for sustainable harvest.
ICAI has notified new branches at Bhiwadi and Morbi and renamed the Ahmednagar Branch as Ahilyanagar Branch, effective from October 8, 2025.
The 2025 rules allow foreign nationals to practice only in advisory and transactional roles, with no right of audience before Indian courts. The framework protects the exclusive litigation rights of Indian advocates while regulating foreign legal participation through strict eligibility and visa controls.
