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IIT Madras Research Park Gets Tax Income Tax Approval for scientific research

August 27, 2025 1017 Views 0 comment Print

CBDT has granted IIT Madras Research Park approval for scientific research under Section 35(1)(iia) of Income Tax Act for a five-year period.

IRDAI Rejects School Bus Premium Exemption request

August 26, 2025 636 Views 0 comment Print

IRDAI has refused to reduce or exempt insurance premiums for school buses during the Covid-19 lockdown, citing legal and contractual reasons.

Companies (Incorporation) Second Amendment Rules, 2025

August 26, 2025 2094 Views 0 comment Print

The Ministry of Corporate Affairs has issued an amendment to the Companies (Incorporation) Rules, 2014, substituting Form No. RD-1, effective from September 15, 2025.

RBI Directive on Updated UNSC Sanctions List

August 25, 2025 1476 Views 0 comment Print

The Reserve Bank of India directs regulated entities to comply with recent amendments to the UN Security Council’s ISIL (Da’esh) & Al-Qaida Sanctions List.

Karnataka Building Workers’ Board gets Income Tax Exemption

August 22, 2025 498 Views 0 comment Print

The Ministry of Finance has exempted specific income of the Karnataka Building and Other Construction Worker Welfare Board from income tax for the years 2026-2031 subject to certain conditions.

MEP on Natural Honey Cut to $1400/MT Till Dec 2025

August 22, 2025 897 Views 0 comment Print

The Indian government has amended the Minimum Export Price (MEP) for natural honey, lowering it from US2000toUS1400 per metric ton.

Promotion and Regulation of Online Gaming Act, 2025

August 22, 2025 2217 Views 0 comment Print

A summary of India’s Promotion and Regulation of Online Gaming Act, 2025, which prohibits online money games and establishes a regulatory authority.

UIDAI Notification: Changes in Aadhaar Enrolment & Deactivation

August 22, 2025 1623 Views 0 comment Print

UIDAI issues new regulations for Aadhaar, including rules for deactivating Aadhaar numbers with mixed biometrics and establishing a process for handling deceased cardholders’ records.

56th GST Council Meeting Scheduled for Sept 2025

August 22, 2025 2592 Views 0 comment Print

The 56th GST Council Meeting will be held in New Delhi on September 3rd and 4th, 2025, with a preceding officers’ meeting on September 2nd.

CBDT Notifies Tax Exemption for Dairy Credit Trust

August 22, 2025 387 Views 0 comment Print

CBDT grants Section 10(46) tax exemption to Credit Guarantee Fund Trust for Animal Husbandry and Dairying on specified income, effective AY 2025–26 to 2029–30.

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