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RBI Allows SRVA Holders to Invest Surplus in NCDs and CPs
Circular No. RBI/2025-26/90 A.P. (DIR Series) Circular No. 13; Dated: 03.10.2025 1. Introduction The Reserve Bank of India (RBI) has introduced a significant measure to enhance the utility of Special Rupee Vostro Accounts (SRVAs) by permitting Persons Resident Outside...
Can Tax Utility Deny Taxpayer’s Right to File a Claim?
Ved Jain & CA Ayush Garg – [2025] 179 taxmann.com 3 (Article) 1. Background 1.1. A taxpayer is required to file its return of income electronically. To facilitate this process, the Income Tax Department issues an online utility each year, enabling taxpayers...
[Global Financial Insights] IASB and ISSB Release Key September 2025 Updates
[2025] 179 taxmann.com 6 (Article) Global Financial Insights is a weekly feature for the Accounts and Audit Module subscribers of Taxmann.com. It provides you with the latest updates on financial reporting and auditing practices from across the globe. Here is this...
RBI Relaxes EDPMS/IDPMS Rules for Bills up to ₹10 Lakh
Circular No.A.P. (DIR Series) Circular No.12, Dated: 01.10.2025 1. Introduction The Reserve Bank of India (RBI) has announced a set of measures to simplify the reconciliation and closure of entries in the Export Data Processing and Monitoring System (EDPMS) and the...
HC Says Employers Necessary Parties in Writs on Minimum Wages Act
Case Details: Karnataka Employers’ Association vs. All India Trade Union Congress - [2025] 178 taxmann.com 565 (HC - Karnataka) Judiciary and Counsel Details N.V. Anjaria, CJ. K.V. Aravind, J. S.S. Naganand, Sr Adv., B.C. Prabhakar & Subba Rao G.S., Advs. for the...
CBDT extends specified date for filing of various reports of audit for the Assessment Year 2025-26
Details : Publish Date : Thursday, September 25, 2025Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1230/Press-Release-CBDT-extends-specified-date-for-filing-report.pdfsource