Newsletter from CA Cult – For Latest Updates (March 2025)
Check out the “Weekly Newsletter from CA Cult – For Latest Updates (Fourth Week of March 2025)
- CBDT notifies amendments in Income-tax Rules, 1962 to expand the scope of safe harbour rules.
- Supplementary FAQs for the Finance Bill, 2025.
- Order for Extension of Working Days for Income Tax Offices – March 2025.
- Order under section 119 of the Income-tax Act, 1961 for waiver on levy of interest under section 201(1A)(ii)/ 206C(7) of the Act, as the case maybe, in specific cases -regarding.
- Inclusion of Section 194T in Forms 26Q & 27Q.
- Issue in filing applications (SPL 01/SPL 02) under waiver scheme.
- Mandatory Use of Baanknet (formerly eBKray) Auction Platform for Liquidation.
- Seeking comments on proposal to make GST E-Invoices received through GSTN to DGFT BO portal mandatory for claiming Deemed Export Benefits under FTP pursuant to the provisions of Para 1.07A and B of FTP 2023 – Trade Notice No. 35/2024-25.
- Amendment in Appendix-4J of Handbook of Procedures (HBP-2023) – Public Notice No. 52 /2024-2025.
- Medium Term and Long Term Government Deposit (MLTGD) components of Gold Monetisation Scheme (GMS) discontinued w.e.f. 26th March, 2025, based on performance of GMS and evolving market conditions.
- Master Direction – Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025.
- General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills).
- Special Clearing Operations on March 31, 2025.
- Revised norms for Government Guaranteed Security Receipts (SRs).
- Advisory to SEBI Registered Intermediaries-Uploading advertisements on Social Media Platforms (SMPs).
- Intraday Monitoring of Position Limits for Index Derivatives.
- The ICAI theme for 2025 – ‘VISHWASNIYA’ laid the roadmap towards shaping trust and leadership in Accounting and Finance at AIMCMM 2025.
- ICAI organised Statutory Central Auditors’ Meet 2025-26.
- ICAI announces Major Changes in Examination System – CA Final to be Held Thrice a Year, Offering Students More Opportunities.
OTHER UPDATES
- Declare wheat stock position w.e.f. 1st April, 2025 and then on, every Friday: Centre.
- Calendar for Auction of Government of India Treasury Bills (For the Quarter ending June 2025).
- 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).
- Declaration by GST registered supplier of hotel accommodation service.
Videos of the Week:
- 75% Concession in Registration Fee for all levels of CA Courses: https://www.youtube.com/watch?v=g6gim0AuT7s
- IPL Season! Beware of Illegal Online Money Gaming: https://www.youtube.com/watch?v=5oKNfITv7Gs
- E Invoicing Changes and Hefty Penalties: https://www.youtube.com/watch?v=mLXubh3q3e0
- Game Changing TDS Rules for Partnership Firms and LLPs: https://www.youtube.com/watch?v=1nTEG93d0f4
- CA Final to be Held Thrice a Year!: https://www.youtube.com/watch?v=Cq1pNBIWyH0
- Unlock Your Property Tax Strategy, Choose Wisely: https://www.youtube.com/watch?v=M9KjkDnomts
- Revised MSME Classification Limits, effective 1st April 2025: https://www.youtube.com/watch?v=Ej8GixNbkRQ
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