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CBDT notifies Income Tax Exemption for Ayodhya Vikas Pradhikaran

November 7, 2025 579 Views 0 comment Print

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 notifies Income Tax Exemption for HBOCW Board

November 7, 2025 450 Views 0 comment Print

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.

Income Tax ALP Tolerance Range for AY 2025-26 Notified

November 6, 2025 5031 Views 0 comment Print

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 amends Export Policy of Red Sanders (Pterocarpus Santalinus)

November 4, 2025 1257 Views 0 comment Print

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 Establishes New Branches in Bhiwadi and Morbi

November 4, 2025 798 Views 0 comment Print

ICAI has notified new branches at Bhiwadi and Morbi and renamed the Ahmednagar Branch as Ahilyanagar Branch, effective from October 8, 2025.

New BCI Rules Restrict Foreign Lawyers to Non-Litigious Practice

November 4, 2025 1395 Views 0 comment Print

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.

FSSAI Notifies New Food Safety Officers

November 4, 2025 2280 Views 0 comment Print

FSSAI appoints 180 new Food Safety Officers for fortified rice under its November 2025 notification, amending the earlier July 2025 list.

Karnataka Housing Board Gets Income Tax Exemption from AY 2024-25

November 4, 2025 609 Views 0 comment Print

Ministry of Finance, CBDT, notifies the Karnataka Housing Board for income tax exemption under Section 10(46A) of the Income-tax Act, 1961, effective from Assessment Year 2024-25.

Companies (Meetings of Board and its Powers) Amendment Rules, 2025

November 3, 2025 17028 Views 0 comment Print

MCA amends Companies Rules, 2014, substituting Rule 11(2) to define business of financing industrial enterprises for NBFCs and IFSCA-registered Finance Companies.

SEBI Amends Mutual Fund Rules to Include REIT Units and Hike Limit

October 31, 2025 1185 Views 0 comment Print

SEBI’s latest amendment includes REIT units in mutual fund investment rules, raises the liquid scheme limit to 97%, and adjusts cross-holding restrictions for Specialized Investment Funds.

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