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CA, CMA Election Tribunal Appointments by MCA – April 2025

April 17, 2025 1131 Views 0 comment Print

Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025.

HUDCO Bond Notified as Zero Coupon by CBDT

April 17, 2025 1761 Views 0 comment Print

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.

Section 35(1)(ii): KIMS Foundation Approved for scientific research Tax Benefits  

April 17, 2025 753 Views 0 comment Print

CBDT approves KIMS Foundation, Hyderabad for scientific research under Section 35 of Income-tax Act, effective FY 2025–26 to AY 2030–31.

ICAI Concludes Disciplinary Action Against Two Chartered Accountants

April 17, 2025 6567 Views 0 comment Print

ICAI suspends CAs Praveen Murarka and Subhash Chander Sharma for professional misconduct, with removal from Register of Members effective April 17, 2025.

Karnataka Tax on Profession, Trades, Callings & Employments (Amendment) Act, 2025

April 15, 2025 3615 Views 0 comment Print

Karnataka revises monthly profession tax rates under 1976 Act, with effect from April 1, 2025; February’s rate set higher than other months.

DGFT revises Coal Import Monitoring Fee Structure

April 15, 2025 1032 Views 0 comment Print

DGFT revises Coal Import Monitoring System (CIMS) policy; registration fees now aligned with Appendix 2K, effective immediately from April 15, 2025.

The Banking Laws (Amendment) Act, 2025

April 15, 2025 8082 Views 0 comment Print

Summary of key changes under the Banking Laws (Amendment) Act, 2025, covering RBI, Banking Regulation, SBI, and acquisition laws.

IFSCA (Capital Market Intermediaries) Regulations, 2025

April 11, 2025 5070 Views 0 comment Print

IFSCA notifies the Capital Market Intermediaries Regulations 2025 for entities operating in IFSCs, covering registration, obligations, and conduct.

RBI Revises Lead Bank Roles in Rajasthan Districts

April 11, 2025 1227 Views 0 comment Print

RBI updates lead bank responsibilities after Rajasthan’s district reorganisation; roles for Jaipur and Jodhpur modified, others retained or revoked.

Central Govt Pensioners DR Increased to 55% (Eff. Jan 2025)

April 11, 2025 1359 Views 0 comment Print

The Government of India has increased the Dearness Relief for Central Government Pensioners and Family Pensioners to 55% effective January 1, 2025

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