Mandatory Use of Baanknet Auction Platform for Liquidation
The Insolvency and Bankruptcy Board of India (IBBI) has mandated that all Insolvency Professionals (IPs) must exclusively use the Baanknet auction platform (formerly eBKray) for…
Waiver of Interest under Section 201(1A)(ii) and 206C(7)
The Central Board of Direct Taxes permits the reduction or waiver of interest charged under section 201(1A)(ii) and section 206C(7) of the Income-tax Act.
PFRDA·28 Mar 2025·Circular·F. No. PFRDA/03/05/1/0001/2019-PnD-APY
Discontinuation of Waiver of Overdue Interest on Delayed APY Contributions
The Pension Fund Regulatory and Development Authority (PFRDA) has decided to discontinue the practice of granting waivers for Overdue Interest (ODI) on delayed uploads of…
The Central Board of Direct Taxes amends Form 3CD under the Income-tax Rules 1962.
CBDT·28 Mar 2025·Notification·Notification No. 24/2025
Income Tax Exemption for Karnataka Urban Water Supply and Drainage Board
The Central Government notifies specified income of the Karnataka Urban Water Supply and Drainage Board for tax exemption under section 10 of the Income-tax Act, 1961.
Revised Variable Dearness Allowance Rates April 2025
The Office of the Chief Labour Commissioner revises the Variable Dearness Allowance for scheduled employments effective from 01 April 2025.
CBIC-GST·27 Mar 2025·Notification·11/2025–Central Tax
CGST (Second Amendment) Rules, 2025
The Central Board of Indirect Taxes and Customs issues the Central Goods and Services Tax (Second Amendment) Rules, 2025, to amend rule 164 of the Central Goods and Services Tax…
20/2025-Customs : Seeks to amend notification nos 11/2018-Customs dated 02.02.2018 and 11/2021-Customs dated 01.02.2021 to impose a total import duty of 10% on import of Bengal gram (desi chana) (HS 0713 20 20) from 1st April, 2025
248/05/2025-GST : Various issues related to availment of benefit of Section 128A of the CGST Act, 2017
DGFT·27 Mar 2025·Public notice·Public Notice No. 52 /2024-2025
Amendment in Appendix-4J of Handbook of Procedures (HBP-2023)
The Directorate General of Foreign Trade amends Appendix-4J of the Handbook of Procedures 2023.
DGFT·27 Mar 2025·Public notice·Public Notice No. 6 /2025-26
Amendment in SION A-1294 for Di-Ethyl Phthalate
The Directorate General of Foreign Trade amends the description and quantity of an import item under Standard Input Output Norms A-1294 for the export product Di-Ethyl Phthalate.
The Central Board of Direct Taxes issues the Income-tax (Seventh Amendment) Rules, 2025 to amend the Income-tax Rules, 1962.
CBIC-GST·26 Mar 2025·Notification·Notification No.16/2025-Customs (N.T.)
Common Adjudicating Authority for Delhi Airport Metro Express SVB Cases
The Central Board of Indirect Taxes and Customs appoints a common adjudicating authority to finalize provisional assessments for M/s Delhi Airport Metro Express Private Ltd.
IRDAI·26 Mar 2025·Circular·IRDAI/GA&HR/CIR/MISC/49/03/2025
Cyber Incident or Crisis Preparedness
The Insurance Regulatory and Development Authority of India (IRDAI) has reiterated mandatory compliance requirements for all Regulated Entities (REs), including insurance…
India Social Security Coverage Doubles to 48.8 Percent in 2024
India records a social protection coverage increase to 48.8 percent in 2024 from 24.4 percent in 2021 according to the International Labour Organization World Social Protection…
