New insertion in Disallowed Expenditure under Income-Tax Act, 1961
Any expenditure incurred for an offence or for activities that are prohibited by law is disallowed as a business expenditure.
Legal Metrology (General) Second Amendment Rules, 2025
The amendment focuses on bringing greater accuracy, transparency, and reliability in gas measurement, ensuring protection of consumer interests and maintaining trade fairness.
Amnesty Scheme 2025 for Traders to Settle Arrears with Discounts
The amnesty scheme is designed to ease the financial burden on traders and encourage voluntary tax compliance, while also assisting the state in collecting pending revenues.
Mandatory Upload of Quarterly Progress Reports by Promoters
Noticing delays and defaults by promoters in filing these mandatory updates, the authority has issued a fresh directive to strictly enforce quarterly reporting.
Drugs and Cosmetics (Compounding of Offences) Rules, 2025
Central Government has introduced the Drugs and Cosmetics (Compounding of Offences) Rules, 2025.
Amendment to Indian Stamp Act for Loan Switching – Punjab
In Schedule 1-A, Entry 6, the ending phrase was corrected from “from the date of such instrument.” to “from the date of such instrument:”.
Liquidation of large fleet of End-of-Life vehicles from Delhi-NCR
Direction aims to eliminate high-polluting, outdated vehicles using smart technologies like ANPR cameras at fuel stations to identify and deny fuel to EOL vehicles.
Strict Ban on Entry of Non-BS-VI Commercial Vehicles into Delhi from November 1, 2025
By permanently restricting entry of older diesel commercial vehicles, it seeks to ensure long-term improvement in the region’s air quality
TCS on Sale of High-Value Luxury Goods Notified Under Section 206C(1F)(ii)
The notification mandates TCS at 1% on the sale of any of the specified goods if the sale consideration exceeds ₹10 lakh per item
Update on Processing of ASBA applications for Rights Issue-Discontinuation of T+1 window
SEBI has specified the revised timelines for completion of various activities involved in Rights Issue process