Extension of due date for filing of Form No. 56F under the Income-Tax Act, 1961
In light of the challenges reported by taxpayers and other stakeholders in meeting the deadline for filing the accountant’s report under sub-section (8) of section 10AA (Form 56F), read with sub-section (5) of section 10A of the Income-tax Act, 1961 (‘the Act’), and to prevent genuine hardship in such cases, the Central Board of Direct Taxes has extended the deadline for filing the accountant’s report for Assessment Year 2024-25.
Biometric-Based Aadhaar Authentication for GST Registration in Jharkhand & Andaman & Nicobar
The GST Network (GSTN) has introduced a new functionality for biometric-based Aadhaar authentication and document verification for GST registration applicants in Jharkhand & Andaman & Nicobar
Minimum Information for Audit Committee & Shareholders in RPT Approval
Regulation 23(2), (3), and (4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) mandate that related party transactions (“RPTs”) be approved by the audit committee, and by shareholders if the transactions are deemed material. Part A and Part B of Section III-B of the SEBI Master Circular dated November 11, 2024 (“Master Circular”) outline the information to be provided to the audit committee and shareholders, respectively, for the consideration of RPTs.
Standard Operating Procedure (SOP) for Petrol Depots
This SOP shall be applicable for Petrol Depots (other than Petrol Pumps / Retail Outlets) having facilities for storing, handling, distribution, transportation, loading or unloading of petrol and that are liable to take approval / license from the Chief Controller of Explosives for storage of petrol.
Extension of Firecracker Ban in NCR Districts of Haryana
In response to the Supreme Court’s directives, the Haryana government has extended the ban on the manufacturing, storage, sale (including online delivery), and bursting of all types of firecrackers in the National Capital Region (NCR) districts of Haryana.
Amendment in certain Indian Standards (Steel and Steel Products)
The Bureau of Indian Standards has notified amendments to Indian standards, as detailed in the attached schedule, in accordance with Sub-rule (1) of Rule (15) of the Bureau of Indian Standards Rules, 2018.
Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2025
The Reserve Bank of India (RBI) has amended the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023, through the Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2025.
Stainless Steel Pipes and Tubes (Quality Control) Order, 2025
The Central Government, under the powers of the Bureau of Indian Standards Act, 2016, has issued the Stainless-Steel Pipes and Tubes (Quality Control) Order, 2025, which mandates that certain goods (listed in the Table) must conform to specified Indian Standards and bear the Standard Mark under a BIS license from the date mentioned.
Procedure to Check the Status of Container for Scanning
The Container Scanning Division (CSD) of Jawaharlal Nehru Custom House (JNCH) has launched a new portal for checking the status of containers selected for scanning.
Date of Withdrawal of Indian Standards
The Bureau of Indian Standards (BIS) has announced the cancellation and withdrawal of certain Indian standards, as per Sub-rule (1) of Rule (15) of the BIS Rules, 2018. These standards will be withdrawn on the dates specified in the schedule.