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One Serious Criminal Case Won’t Bar Lawyers from Contesting Council Elections

October 29, 2025 1701 Views 0 comment Print

Bar Council of India amended Rule 4 on Member disqualification: Advocates are now ineligible only if two or more serious criminal cases are pending before the election.

Nil Duty on Yellow Peas Imports Extended Only Till October 31, 2025

October 29, 2025 942 Views 0 comment Print

Finance Ministry has curtailed the zero-duty period for Yellow Peas imports, limiting it to Bills of Lading issued on or before 31st October 2025.

Govt Imposes 30% Import Duty on Yellow Peas from 1st November 2025

October 29, 2025 2022 Views 0 comment Print

The Ministry of Finance issued Notification 46/2025-Customs, reducing the import duty and AIDC on Yellow Peas to 10% and 20% respectively, effective November 1, 2025.

RBI Issues New Nomination Rules for Bank Accounts 2025

October 28, 2025 9177 Views 0 comment Print

RBI’s 2025 Directions mandate banks to offer nomination for deposits/lockers, aligning with new laws. Customers must be informed; non-nomination requires a declaration.

Employees’ Pension Scheme amended to Offer ₹100 Flat Penalty Under Enrolment Campaign 2025

October 27, 2025 717 Views 0 comment Print

Ministry of Labour and Employment introduced a temporary amendment allowing employers to regularize past defaults between July 2017 and October 2025 with a nominal ₹100 lump-sum penalty under the Employees’ Enrolment Campaign 2025.

EDLI Scheme Amended to Offer ₹100 Lump-Sum Penalty for Old Defaults

October 27, 2025 594 Views 0 comment Print

The EDLI Scheme, 1976 is amended with a special provision for the Enrolment Campaign, setting a lump-sum damage of 100 for defaults from 2017–2025 for new members.

CBDT Grants CPC Power to Rectify AO Orders for Accounting Errors

October 27, 2025 15315 Views 2 comments Print

CBDT Notification 155/2025 confers concurrent powers on the Commissioner of Income Tax, CPC Bengaluru, to rectify apparent errors in assessment orders and issue demand notices for cases processed through the CPC interface, effective immediately.

New Banking Nomination Rules Allows Up to Four Nominees per Account

October 27, 2025 6984 Views 1 comment Print

Ministry of Finance has issued new rules enabling bank account holders to nominate up to four individuals, either successively or simultaneously, for deposits, lockers, and safe custody articles effective from November 1, 2025.

FSSAI Amends Food Import Regulations for Analysis Methods

October 27, 2025 1221 Views 0 comment Print

FSSAI’s 2025 amendment standardizes imported food testing methods, allowing internationally recognized standards when FSSAI manuals lack a method, and mandates a 5-day reporting limit.

India–Qatar DTAA & Protocol Notified by CBDT

October 24, 2025 1806 Views 0 comment Print

Notification implements the India-Qatar Double Taxation Avoidance Agreement (DTAA) and Protocol, effective from the next fiscal year, outlining rules for income tax, business profits, dividends, and interest to prevent fiscal evasion.

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