Government notifies GST rate changes for tobacco, pan masala, cigarettes and biris. New higher GST slabs to apply from February 1, 2026, as Schedule VII is removed.
ICAI defers Phase IV of Peer Review mandate by one year. Peer Review for CA firms auditing PSB branches or having 3+ partners now mandatory from 31 Dec 2026.
DIPAM played a key role in strengthening public finances in 2025, with CPSE dividend receipts rising to Rs 74,017 crore, successful Mazagon Dock OFS disinvestment.
CBIC mandates body-worn cameras for Customs officers at international airports to enhance transparency, accountability, and passenger trust. SOP issued under Instruction No. 34/2025.
The Centre has notified Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025, redefining FDI norms, leadership requirements, and FEMA alignment.
ICAI held its convocation across 15 locations on December 30, 2025, inducting nearly 20,000 newly qualified Chartered Accountants and welcoming them into the profession.
FMCG sales volumes rose 9-10% in the December quarter after GST rates on daily essentials were cut, signalling a revival in consumer demand, according to NielsenIQ data.
Year-End Review 2025 of the Ministry of MSME highlights key achievements, schemes, credit support, digital reforms, skilling initiatives and MSME growth in India.
MCA extends the due date for filing FY 2024-25 annual returns and financial statements till 31 Jan 2026 without additional fees.
GSTN to soon block excess ITC reclaims and RCM ITC claims. Negative ledger balances may stop GSTR-3B filing. Key compliance changes explained.
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