IBBI (Insolvency Resolution Process for Corporate Persons) Fifth Amendment Regulations, 2025
The Insolvency and Bankruptcy Board of India (IBBI) has notified the Fifth Amendment of 2025 to the Insolvency Resolution Process for Corporate Persons Regulations, 2016, effective from July 04, 2025.
BIS notified Standards for Digital TV Receivers and IoT Security
Bureau of Indian Standards (BIS), under the Department of Consumer Affairs, has notified the establishment of two Indian Standards under Rule 15(1) of the BIS Rules, 2018. These standards relate to digital television receivers and security/privacy in Internet of Things (IoT) systems.
Excel Utilities for ITR-2 and ITR-3 Available for AY 2025–26
The Income Tax Department has released the Excel-based offline utilities for filing ITR-2 and ITR-3 for the Assessment Year (AY) 2025–26. These utilities enable taxpayers to prepare and file their returns offline, which can then be uploaded to the income tax e-filing portal.
Extension of Rebate Period for Lump Sum Property Tax Payment in Delhi for FY 2025–26
Taxpayers are eligible for a 10% rebate on lump sum payment of property tax if paid by June 30 of the financial year. To support taxpayers and reduce last-minute congestion, the Municipal Corporation of Delhi (MCD) has extended this deadline.
CEA Guidelines for Automatic Weather Stations for Solar and Wind Power Plants
Central Electricity Authority (CEA) has highlighted the need for improved weather data in solar and wind power forecasting. Inaccurate weather forecasts often result in significant financial penalties for renewable energy generators under the Deviation Settlement Mechanism (DSM). To mitigate this and enhance grid efficiency and reliability, the CEA has developed a standardised framework for Automatic Weather Stations (AWS).
Filing of Announcements pertaining to Awarding, bagging/ receiving of orders/contracts in XBRL format at BSE & NSE
Ref: NSE Circulars-
Circular Ref No: NSE/CML/2023/34 dated May 15, 2023, Circular Ref No: NSE/CML/2023/28 dated March 31, 2023, Circular Ref No: NSE/CML/2023/11 dated January 27, 2023, Circular Ref No: NSE/CML/2023/85 dated December 08, 2023
Telangana Allows Extended Working Hours for Commercial Establishments
Under the Ease of Doing Business initiative, the Government of Telangana has exercised its powers under Section 73(4) of the Telangana Shops and Establishments Act, 1988, to relax certain working hour restrictions for commercial establishments (excluding shops).
Haryana Prescribes Conditions for Employing Women in Night Shifts in Factories
Under Section 66(1)(b) of the Factories Act, 1948, women are restricted from working during night shifts unless specifically exempted by the State Government. This notification by Haryana Government supersedes all previous notifications and sets out updated safety and operational conditions for granting such exemptions. There has been a slight modification as compared to the earlier Notification released on May 8, 2025. [Conditions for Employing Women in Night Shifts in Factories – Haryana]
Rajasthan Grants Conditional Exemption for Employing Women at Night in Shops and Commercial Establishments
Rajasthan Government has issued a conditional exemption under Section 22 of the Rajasthan Shops and Commercial Establishments Act, 1958. This enables shops and commercial establishments registered under the Act to employ women during night shifts, subject to compliance with prescribed conditions.
Haryana Notifies Conditions for Employing Women in Night Shifts in Establishments
To enable round-the-clock operations in sectors like IT, ITeS, banking, export-oriented units, logistics, warehousing, and 3-star and above hotels, the Haryana Government has notified a new set of conditions for employing women during night shifts (08:00 PM to 06:00 AM), ensuring their safety, security, and welfare. There has been a slight modification as compared to the earlier Notification released on May 8, 2025.[ Conditions for Employing Women in Night Shifts in Factories – Haryana – 1-Comply]. The current Notification supersedes all the previous Notifications.