Persistent MCA-21 V3 Portal Issues: ICSI Seeks Extension of FY 2024–25 Annual Filing DeadlinesÂ
The Institute of Company Secretaries of India (ICSI) has formally approached the Ministry of Corporate Affairs (MCA), urging an extension of the statutory deadlines...
Centre Notifies Draft Rules to Regulate Licensing of Foreign Vessels in Coastal and EXIM Trade
The Union Ministry of Ports, Shipping and Waterways has released the Draft Coastal Shipping Licensing of Foreign Vessels Rules, 2026, proposing a comprehensive regulatory...
Mumbai Customs Mandates Strict SOP for Speaking Orders in Faceless Re-Assessments
The Principal Commissioner of Customs (NS-I), Jawaharlal Nehru Custom House (JNCH), Nhava Sheva, has issued Standing Order No. 20/2025 dated 15 December 2025, prescribing...
DGFT Includes These 3 Banks to Import Gold for Domestic Consumption Till March 2026
The Directorate General of Foreign Trade (DGFT) has amended the Handbook of Procedures, 2023, to include Indian Overseas Bank, Union Bank of India and...
CAG Flags Rs. 725 Crore Revenue Loss Due to Irregular MEIS and SEIS Incentives
The Comptroller and Auditor General of India (CAG) has pulled up the Ministry of Commerce and Industry and the Customs Department for serious irregularities...
Income Tax Dept. Flags Undisclosed Foreign Assets, Urges ITR Revision by December 31
The Income Tax Department has begun sending urgent electronic communications to taxpayers, warning them to revise their Income Tax Returns (ITRs) for Assessment Year...
GST Portal Update: Smarter Credit Note Handling Introduced in IMS
The Goods and Services Tax Network (GSTN) has rolled out an Smarter Credit Note Handling functioning by upgrading to the Invoice Management System (IMS)...
DGFT Rolls Out New Import Management System for Restricted IT Hardware from 2026
The Directorate General of Foreign Trade (DGFT) has notified the procedure for implementation of Import Management System for import of restricted IT Hardware (viz....
Health Security se National Security Cess Act, 2025 Notified
The Health Security se National Security Cess Act, 2025 recieved the President's assent on 15th Dcember, 2025 and seeks to generate dedicated financial resources...
Customs Act and Customs Tariff Act Extended to India’s Continental Shelf, EEZ for Offshore Mineral Activities
The Ministry of External Affairs has formally extended the applicability of the Customs Act, 1962 and the Customs Tariff Act, 1975 to India’s continental...
GSTN Releases Consolidated FAQs Clarifying GSTR-9, GSTR-9C Filing for FY 2024-25
The Goods and Services Tax Network (GSTN) has issued a comprehensive set of consolidated Frequently Asked Questions (FAQs) to address persistent doubts and practical...
CGST Indore Decentralises GST Registration Processing; Range Offices to Handle New Applications from November 2025
In a significant administrative reform aimed at improving efficiency, transparency, and taxpayer convenience, the Central Goods and Services Tax (CGST) Indore Commissionerate has announced...
GST Rate Rationalisation May Cost States Nearly Rs. 47,700 Crore Annually
The Union Government has informed Parliament that Goods and Services Tax (GST) rate rationalisation could result in a substantial net revenue loss to States,...
AI Accountability Bill 2025
The Artificial Intelligence (Ethics and Accountability) Bill, 2025 was introduced in the Lok Sabha by Smt. Bharti Pardhi, MP. The proposed legislation seeks to...
MCA Pushes Ease of Doing Business 2.0: Small Company Thresholds Raised, Compliance Burden Further Eased
In a significant move aimed at strengthening the Ease of Doing Business 2.0 framework, the Ministry of Corporate Affairs (MCA) has announced a series...
OPS Will Not Be Restored for Central Government Employees Under NPS/UPS: Finance Ministry Tells Lok Sabha
The Union Government has categorically ruled out the restoration of the Old Pension Scheme (OPS) for Central Government employees covered under the National Pension...
ICAI DigiCA UDIN Portal Manual: Key Highlights Every Chartered Accountant Must Know
The Institute of Chartered Accountants of India (ICAI) has released the updated DigiCA UDIN Portal User Manual (Version 1.2), bringing several important functional and...
ICAI Revamps Advertisement Rules, Aligns Ethics with Global Standards to Boost Indian CA Firms
In a significant regulatory overhaul aimed at strengthening India’s professional services ecosystem, the Institute of Chartered Accountants of India (ICAI) has amended its advertisement...
NOC Details From Previous Auditor Now Mandatory
In a significant compliance update impacting the audit and assurance ecosystem, the Institute of Chartered Accountants of India (ICAI) has introduced a new mandatory...
GST Portal Faces Document Upload Glitch
The GST Portal witnessed a technical disruption on Tuesday after taxpayers reported difficulties in uploading documents on the system. The issue was formally acknowledged...
Category