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Details : Publish Date : Tuesday, March 18, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1223/Seeking-stakeholders-input-for-drafting-Income-tax-Rulesand-related-forms-consequent-to-the-Income-Tax-Bill-2025.pdf source
Master Direction No. RBI/DOR/2024-25/129 DOR.CAP.REC.No.70/21.06.201/2024-25, Dated: 25-03-2025 The Reserve Bank of India (RBI), under Section 35A of the Banking Regulation Act, 1949, has issued a Master Direction consolidating and updating guidelines for Regional Rural Banks (RRBs). It outlines prudential norms for capital adequacy, risk management, and permissible transactions. The Direction ensures all instructions are in […]
Publish Date : Saturday, March 15, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1220/Press-Release-Clarification-on-Circular-01-of-2025-dated-15-03-2025.pdf source
Publish Date : Tuesday, March 25, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1224/Press-Release-CBDT-notifies-amendments-in-Income-tax Rules-1962-dated-26-03-2025.pdf source
PR No. 16/2025; Dated: 24.03.2025 Earlier, SEBI issued directions to stock exchanges with a commodity derivatives segment to suspend trading in derivative contracts for 7 agro commodities for one year. Subsequently, the suspension was extended for an additional year until December 20, 2023, and then again until December 20, 2024. The suspension was again extended […]
Consumer Protection Act India refers to the primary legislation in India that safeguards the interests of consumers against unfair trade practices, defective products, and deficient services. Enacted initially in 1986 and later replaced by the 2019 Act, it provides mechanisms for quick and affordable resolution of consumer disputes through District, State, and National Commissions. The […]
Notification No. S.O. 1364(E); Dated: 21.03.2025 Govt. has revised classification criteria for micro, small, and medium enterprises (MSMEs). The investment limit for micro-enterprises has been raised from Rs 1 crore to Rs 2.5 crore, and turnover from Rs 5 crore to Rs 10 crore. For small enterprises, the investment limit has increased from Rs 10 […]
Editorial Team – [2025] 172 taxmann.com 497 (Article) World Tax News provides a weekly snippet of tax news from around the globe. Here is a glimpse of the tax happening in the world this week: UK publishes revocation order to suspend tax treaty with Russia; Iceland joins global crypto-asset tax reporting framework; and Finland issues […]
Circular no. SEBI/HO/OIAE/OIAE_IAD-3/P/CIR/2025/32; Dated: 19.03.2025 SEBI has proposed harnessing DigiLocker to reduce unclaimed assets in the Indian Securities Market. DigiLocker is a digital document wallet of the Government of India (GoI), facilitating citizens in obtaining and storing documents like Aadhaar, PAN, Driving Licence, Death Certificate, etc. Also, DigiLocker provides a nomination facility to its users. […]
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