GST AAR Gujarat Ruling Dated 26/06/2025 – GST on Metallic Film cutting, 12% rate for Job Work
Case of Kanika Exim, AAR Gujarat Ruling Dated 26th June 2025. It ruled that the applicable GST rate for job work involving […]
AAR Ruling, GST
RBI, RBI Notifications
RBI Notification 65/2025 Dated 10/07/2025 – CareEdge Global ratings permitted for Basel III Risk Weights at IFSC
The notification permits all Scheduled Commercial Banks (excluding Local Area Banks, Payments Banks, and Regional Rural Banks) to utilize ratings
RBI, RBI Notifications
RBI Notification 66/2025 Dated 11/07/2025 – Voluntary Pledge of Gold and Silver as Collateral for Agriculture and MSME Loans
It has been clarified that voluntarily pledged gold and silver for loans up to the specified collateral-free limit will not
Misc, Misc Judiciary
Misc HC Himachal Judgement Dated 24/06/2025 – Accused entitled to acquittal in Negotiable Instrument Act case, as financial capacity of complainant not proved
Case of Raghunath Sharma vs Suraj Kant, HC Himachal Pradesh Judgement Dated 24th June 2025. HC held that complainant failed to prove
Income Tax, Income Tax Notifications
Income Tax Notification 72/2025 Dated 07/07/2025 – Exemptions to Rajasthan Housing Board
Rajasthan Housing Board, a board constituted under the Rajasthan Housing Board Act, 1970, has been notified under section 10(46A) for exemption
Income Tax, Income Tax Notifications
Income Tax Notification 73/2025 Dated 09/07/2025 – IREDA Bonds notified as Long-Term Specified Asset for Section 54EC Tax Exemption
When a taxpayer sells long-term immovable property (land or building or both), they have the option to avail capital gain
Income Tax, Income Tax Notifications
Income Tax Notification 74/2025 Dated 11/07/2025 – Exemptions to Sovereign wealth fund, MIC Redwood 1 RSC Limited, Abu Dhabi, under section 10(23FE) extended till 31st March 2030
Sovereign wealth fund, namely, the MIC Redwood 1 RSC Limited, Abu Dhabi, United Arab Emirates, was notified under section 10(23FE)
Income Tax, Income Tax Notifications
Income Tax Notifications 75 to 113 Dated 11/07/2025 – Exemptions to specified Sovereign Wealth Funds and Pension Funds extended till 31st March 2030
Similarly, exemptions to following funds notified under section 10(23FE) have been extended for investments till 31st March 2030: (Link: Income Tax
Company Law, Company Law Notifications
Company Law Notification Dated 27/05/2025 – Amendment to Companies Incorporation Rules
The key change is the substitution of the existing Form INC-22A within the Companies (Incorporation) Rules 2014, with a new e-Form.
Company Law, Company Law Notifications
Company Law Notification Dated 27/06/2025 – Amendment to Companies Restriction on number of layers Rules
The key change is the substitution of Form CRL-1 in the Annexure of the Companies (Restriction on number of layers) Rules