PFRDA clarified that the NPS Vatsalya Scheme Guidelines 2025 take effect from 23 February 2026. The circular also directs stakeholders to read paragraph 12 alongside a related regulatory instruction ...

SEBI has modified Chapter IX of the NCS Master Circular to align green debt certification rules with broader ESG debt norms. Issuers must appoint independent, conflict-free ESG experts with clear ...

Draft Rule 66 requires mandatory audit, Form 32 filing, and section-wise document submission for claiming deductions under Sections 46 to 144, reinforcing strict procedural ...

Rule 62 mandates that deductions under Section 128 for specified serious diseases are allowed only when supported by prescriptions from qualified medical specialists. The rule clearly defines eligible ...

The article highlights disparities and stagnation in audit fees paid by public sector banks. It calls for ICAI intervention to ensure uniform benchmarks and respect for Chartered ...

GST applies to under-construction properties while land and completed buildings remain exempt. The regime includes 1% and 5% rates without ITC, deemed land valuation, and reverse charge compliance for ...

The provision extends penalties to “any person,” exposing tax professionals to liability for alleged facilitation of GST fraud. Courts indicate that penalties require proof of intent, not mere ...

The Tribunal set aside the CIT(A)’s order because the appeal was dismissed on limitation without properly examining delay condonation grounds. It held that non-speaking orders passed without adequate ...

DGFT directed Regional Authorities to proportionately reduce Average Export Obligation for sectors witnessing over 5% export decline. The relief applies under Para 5.17(a) of FTP 2023 and must be ...

SEBI issued a caution after fraudsters circulated forged notices demanding Securities Transaction Tax payments. The regulator clarified it does not issue STT payment notices and urged investors to ...

The 2026 amendment revises the definition of fair value to include tangible, intangible assets and underlying synergies, and mandates a structured multi-valuer mechanism. It also prescribes clearer ...

SEBI issued an alert after fraudsters offered to manage trading accounts while promising guaranteed returns. The regulator clarified that such account handlers are unregistered and advised investors ...