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

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

Income-tax

1. Due date to file Form 64A and 64E for AY 2025-26 has been preponed to 15th June 2025.
2. CBDT extends the due date of filing of ITRs which are due for filing by 31st July 2025.

CBIC

1. Advisory regarding non-editable of auto-populated liability in GSTR-3B.
2. Barring of GST Return on expiry of three years.

MCA

1. Summary: MCA Update on New Company Forms (Effective 14th July 2025).
2. Revised form CRA-2 intimation of appointment of cost auditor.
3. Revised Form GNL-1 for filing an application with Registrar.
4. Revised Forms No. MGT-7, MGT-7A and MGT-15 Notified.

DGFT

1. Enlistment under Appendix 2E of FTP, 2023 -Agency Authorized to issue Certificate of Origin (Non – Preferential) – Public Notice No.8/2025-26.
2. Extension in Import Period for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS) 2022, Schedule – (Import Policy) – Notification No. 16/2025-26.

RBI

1. Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025.
2. Penal Interest on shortfall in CRR and SLR requirements – Change in Bank Rate.

SEBI

1. Extension of timeline of additional liquidation period for VCFs migrating to SEBI (Alternative Investment Funds) Regulations, 2012.

ICAI

1. Commencement of Live Virtual Classes for the students of CA. Final course appearing in May 2026, September 2026 and January 2027 Examinations.
2. Draft Panel for Appointment/ Re-appointment of Statutory Auditors.
3. Notification for Online Assessment Test (AT) for Certificate Course on Financial Markets and Securities Laws on 28th June 2025. – 10:00 AM to 1:00 PM ( Paper 1) & 3:00 PM to 6:00 PM ( Paper 2) through Digital learning Hub, Organized by Committee on Financial Markets and Investors’ Protection of ICAI.
4. Exposure Draft on proposed Guidelines for Overseas Network for public comments.

Videos of the Week:

1. Why Your Indian Passport is Holding You Back! | CA Cult – YouTube
2. Intra Day Trading and Taxes | Info Fun Fact by CA Cult – YouTube
3. Top 6 Income Tax Notices After Filing ITR for AY 2025-26 | CA Cult – YouTube
4. Tax Credit vs Tax Refund in India | Don’t Get Confused! | Info Fun Fact by CA Cult – YouTube
5. Tax Refund 2025: How to Get It Faster & Track Status Easily | CA Cult – YouTube
6. GST Update: Non-Editable GSTR-3B Liability & GSTR-1A Amendments Explained – YouTube

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