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Income-tax (Twenty-Fourth Amendment) Rules, 2025
Publish Date : Thursday, August 21, 2025 source
RBI Releases Paper on Flexible Inflation Targeting Review
Press Release: 2025-2026/951; Dated: 21.08.2025 1. RBI Releases Discussion Paper on Inflation Targeting The Reserve Bank of India (RBI) has published a Discussion Paper on the review of the flexible inflation targeting (FIT) framework, as mandated under the RBI Act, 1934. This move is part of the statutory requirement for a periodic review of India’s […]
No Additions Based On Unsigned and Undated Documents | ITAT
Case Details: Assistant Commissioner of Income-tax (Central) v. Chhattisgarh Distilleries Ltd - [2025] 177 taxmann.com 257 (Raipur - Trib.) Judiciary and Counsel Details Partha Sarathi Chaudhury, Judicial Member Arun Khodpia, Accountant Member S.L. Anuragi, Ld. CIT-DR for the Appellant S.R. Rao, Adv. for the Respondent Facts of the Case The assessee, Chhattisgarh Distilleries Ltd., a […]
[Opinion] Global Corporate Law Updates | SEC and ASIC Announcements
Editorial Team – [2025] 177 taxmann.com 553 (Article) 1. SEC Launches New Statistics and Data Visualizations Webpage On 18 August 2025, the U.S. Securities and Exchange Commission (SEC) announced the launch of a new Statistics and Data Visualizations webpage. This initiative aims to improve public access to critical regulatory data and enhance transparency in the […]
Income-tax (Twenty-Third Amendment) Rules, 2025
Publish Date : Wednesday, August 20, 2025 source
Global Corporate Law Updates | SEC and ASIC Announcements
Editorial Team – [2025] 177 taxmann.com 553 (Article) 1. SEC Launches New Statistics and Data Visualizations Webpage On 18 August 2025, the U.S. Securities and Exchange Commission (SEC) announced the launch of a new Statistics and Data Visualizations webpage. This initiative aims to improve public access to critical regulatory data and enhance transparency in the […]
Accounting for Step Acquisition under Ind AS 103
Transition from Associate to Subsidiary In this case, a company initially acquired a significant equity stake in another entity, which gave it significant influence over the investee. As per Ind AS 28 – Investments in Associates and Joint Ventures, the investment was accounted for using the equity method. Over time, the carrying amount of this […]
Twenty Second Amendment Rules 2025
Publish Date : Monday, August 18, 2025 source
RBI Drafts FEMA Rules on Guarantees, Expands Automatic Route
Press Release: 2025-2026/916, Dated 14.08.2025 RBI Issues Draft Regulations on Guarantees under FEMA, 1999 The Reserve Bank of India (RBI) has released draft regulations on guarantees under the Foreign Exchange Management Act (FEMA), 1999, seeking public comments. The proposed framework is designed to simplify and rationalize the rules governing guarantees in cross-border transactions. By adopting […]
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