Newsletter from CA Cult – For Latest Updates (April 2025)

Check out the “Weekly Newsletter from CA Cult – For Latest Updates (First Week of April 2025)

Income-tax

1. Tax Audit Changes in 2025 – Comprehensive Guide to the Income-tax (Eighth Amendment) Rules, 2025.
2. Exemption from TDS or NO TDS on Withdrawals from National Savings Scheme (NSS) – NOTIFICATION No. 27/2025.
3. Aadhaar Update Required for PAN (Pre-Oct 2024 Allottees).
4. Deadline Set for Aadhaar Update Linked to PAN via Enrolment ID.

CBIC

1. Advisory on Case Sensitivity in IRN Generation.

MCA

1. MCA invites public comments on proposed amendment in the Rules to widen the scope of fast track mergers under Companies Act, 2013.

DGFT

1. Amendment in ANF-4J for issuance of Diamond Imprest Authorisation (DIA) – Public Notice No. 53 /2024-2025.
2. Supply of essential commodities to the Republic of Maldives during 2025-26 – Notification No. 1/2025-26.
3. Inclusion of Land Custom Stations Darranga as Food Import Entry Points in List “A” of Appendix-V to Schedule-1 (Import Policy), ITC (HS), 2022 in sync with relevant FSSAI Notification-reg.
4. Amendment in import policy and policy condition of Roasted Areca Nuts falling under ITC (HS) Code 20081920 of Chapter-20 of ITC (HS), 2022, Schedule-I (Import Policy)- Notification No. 02 /2025-26.
5. List of banks authorized to import gold and silver – Amendment in Appendix 4B of Handbook of Procedures, 2023 – Public Notice No. 01/ 2025-26.

RBI

1. RBI Launches Verified WhatsApp Channel for Public Awareness.
2. Regulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – Draft Regulations and Directions.

SEBI

1. Clarification on the position of Compliance Officer in terms of regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015–Reg.
2. Standardized format for System and Network audit report of Market Infrastructure Institutions (MIIs).

ICAI

1. Online Panel of Experts for Bank Audit related queries.
2. Eligibility Requirements for January 2026 Final Examinations.
3. Eligibility Requirements for September 2025 Final Examinations.
4. Important Announcement on Self-Paced Module Test.

OTHER UPDATES

1. Extension of the validity of FCRA registration certificates.

Blog of the week

1. Comparative table showing the changes in TCS on outward remittance under LRS, effective April 1, 2025, compared to the old provisions (effective from October 1, 2023 – March 31, 2025).

Videos of the Week:

1. 75% Concession in Registration Fee for all levels of CA Courses: https://www.youtube.com/watch?v=g6gim0AuT7s
2. IPL Season! Beware of Illegal Online Money Gaming: https://www.youtube.com/watch?v=5oKNfITv7Gs
3. E Invoicing Changes and Hefty Penalties: https://www.youtube.com/watch?v=mLXubh3q3e0
4. Game Changing TDS Rules for Partnership Firms and LLPs: https://www.youtube.com/watch?v=1nTEG93d0f4
5. CA Final to be Held Thrice a Year!: https://www.youtube.com/watch?v=Cq1pNBIWyH0
6. Unlock Your Property Tax Strategy, Choose Wisely: https://www.youtube.com/watch?v=M9KjkDnomts
7. Revised MSME Classification Limits, effective 1st April 2025: https://www.youtube.com/watch?v=Ej8GixNbkRQ
8. “TDS Changes on Rent 2025”, How It Affects You: https://www.youtube.com/watch?v=BLv32zHWaTI
9. CA Exam Myths – Busting Common Misconceptions: https://www.youtube.com/watch?v=7dYnghRsxV4

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