News and Updates

On July 15, the Reserve Bank of India (RBI) requested that banks and other financial institutions allow defaulting borrowers enough time to make amends before labeling them as “fraud accounts.”...

Paytm received administrative warning from the Securities and Exchange Board of India (SEBI) for two transactions it made with Paytm Payments Bank during the fiscal year 2021–2022. Paytm stated in...

In an effort to improve the business environment and streamline operations, the Securities and Exchange Board of India (SEBI) has announced new guidelines for credit rating agencies.  Among these guidelines...

The Income Tax Department has released the Data on Direct Tax (DT) collections for FY 2024-25 as on 11.07.24 . The data is available on the official website of the...

Notification 1: V3 System will be temporarily unavailable and instead V2 System will be available The Ministry of Corporate Affairs (MCA) has notified that V3 system will not be available...

A guaranteed monthly pension of Rs 3,000 is provided to the unorganized workers after the age of 60 under the Pradhan Mantri Shram Yogi Maandhan (PM-SYM) Yojana.  Who can participate...

Android versions prior to 12, v12L, v13, and v14 have a high risk vulnerability that has been identified by the Indian Computer Emergency Response Team (CERT-In). Because of this, the...

Judge P Sathasivam presented Best Agriculture State Award to Maharashtra in recognition of the state’s significant advancements in innovative farming practices and the development of rural areas. According to the...

  India and Russia have unveiled a plan to strengthen their strategic economic cooperation during their 22nd annual summit in Moscow between Russian President Vladimir Putin and Indian Prime Minister...

On 9th July 2024, the Indian Medical Association (IMA) received a request from the Supreme Court (SC) demanding that Patanjali Ayurved remove all of its “misleading” advertisements from electronic, social,...

In October 2023, MCA established a committee to assess the current framework for Cost Accounting Records and Cost Audit. The Committee’s report is posted on the MCA website under the...

IEPF Form 5 is used to claim refunds from IEPF authority. However, this form may get rejected by the authority at times. Read to know more. What is IEPF Form...

When cricket legend Sachin Tendulkar took a break to enjoy an afternoon at the Wimbledon on 6th July 2024, he was greeted by him a standing ovation from the packed...

A total of 9 Non-Banking Financial Companies (NBFCs) have surrendered their Certificate of Registration (CoR) which was granted to them by the RBI. Therefore, the RBI has revoked their CoR...

Clarification on ITC  Clarification on ITC in relation to the premium for life insurance policies which is not included in taxable value. The amount of premium for taxable life insurance...