The Central Board of Direct Taxes notifies tax collection at source on the sale of certain goods exceeding 竄ケ10 lakh, effective upon official publication.
Latest income tax rule changes effective April 2025. Form 27EQ updated with new categories for tax collection at source on various goods.
SEBI notifies amendments to Credit Rating Agency Regulations, focusing on ESG rating providers with subscriber-pays model requirements.
Hankook Latex Pvt Ltd penalized for delay in filing SBO disclosures under Section 90 of Companies Act, 2013. MCA imposes fines on key directors.
RBI updates Liquidity Coverage Ratio (LCR) for banks, changing run-off rates for digital retail deposits and non-financial entities, effective April 2026.
RBI revises rules for minor bank accounts (savings & term deposits). Independent operation for those above 10, guardian options, and KYC norms.
Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025.
CBDT notifies HUDCO’s 10-Year Zero Coupon Bond worth ₹5,000 Cr under Section 2(48) of Income-tax Act for infrastructure project funding.
CBDT approves KIMS Foundation, Hyderabad for scientific research under Section 35 of Income-tax Act, effective FY 2025–26 to AY 2030–31.
ICAI suspends CAs Praveen Murarka and Subhash Chander Sharma for professional misconduct, with removal from Register of Members effective April 17, 2025.