Environment Audit Rules, 2025
The Environment Audit Rules, 2025 have been notified by the Ministry of Environment, Forest and Climate Change to establish a structured mechanism for environmental auditing. These rules aim to certify and register environment auditors to support compliance monitoring and ensure adherence to environmental safeguards in projects, processes, and activities covered under applicable environmental laws, including the Environment (Protection) Act, 1986, Air Act, Water Act, Wildlife Act, and other related frameworks.
Implementation Guidelines for E-Waste (Management) Rules, 2016
The Ministry of Environment, Forest and Climate Change (MoEF&CC), Government of India, notified the E-Waste (Management) Rules, 2016 to supersede the E-Waste (Management and Handling) Rules, 2011, aiming for better environmental management of electronic waste.
Application for Condonation of Delay in Filing Form 10A Enabled
The Income-tax Department has enabled the option for applicants to file requests for condonation of delay under Section 12A for filing Form 10A through the e-filing portal.
Income-tax (Twenty-Fifth Amendment) Rules
In the Income-tax Rules, 1962, in rule 2DCA –
Capturing of Geo-coordinates through WDRA Mobile App
The Warehousing Development and Regulatory Authority (WDRA) has introduced a new mobile application named mWDRA, available on the Google Play Store. The app is designed to capture geo-coordinates (latitude and longitude) of registered warehouses.
FAQs on Industry Standards for Related Party Transactions
Both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) have issued communications providing Frequently Asked Questions (FAQs) on the Industry Standards prescribing the minimum information to be placed before the Audit Committee and shareholders for approval of Related Party Transactions (RPTs). These updates are linked to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/93 dated June 26, 2025, which introduced a standardised disclosure framework to ensure transparency and uniformity in RPT approvals.
Compendium on GST Council’s 56th Meeting – Impact on Major Industries
The 56th GST Council meeting (3rd September 2025) introduced sweeping rate rationalisations and reforms. This compendium presents industry-specific analyses for major industries impacted by the GST rates rationalization, with highlights of positive impacts, challenges, and outlooks for each sector.
24×7 Operations for Shops in Chandigarh & NSA Powers Delegated
The Chandigarh Administration has issued two major updates:
1. Round-the-Clock Operations for Shops & Establishments
o All shops and commercial establishments are now allowed to operate 24×7, 365 days a year.
The Taxation Laws (Amendment) Act, 2025 – Key Amendments in Income-tax Act and Finance Act
The Taxation Laws (Amendment) Act, 2025 received Presidential assent on August 21, 2025. The law introduces important changes to the Income-tax Act, 1961 and the Finance Act, 2025, with a focus on pension taxation, exemptions for sovereign wealth funds, and revised provisions for block assessments following search and requisition proceedings.
BIS notifies Indian Standards w.r.t. Environmental Management
The Bureau of Indian Standards (BIS) has notified the establishment of new Indian Standards across multiple sectors including environmental management, climate change, tissue paper testing, municipal governance, petroleum refineries, and healthcare. The notification also provides timelines for withdrawal of older versions where applicable. These updates align Indian Standards with ISO norms and evolving sustainability requirements.
