Karnataka Lifts, Escalators and Passenger Conveyors (Amendment) Act, 2025
The Karnataka State Legislature has amended the Karnataka Lifts, Escalators and Passenger Conveyors Act, 2012 to align safety and regulatory provisions with updated national guidelines and to streamline administrative procedures. The amendment aims to replace references to the Chief Inspector of Lifts, Escalators & Passenger Conveyors with “authorised officer” and update technical regulations as per recent standards.
Advisory to file pending returns before expiry of three years
The Finance Act, 2023 introduced a provision restricting the filing of GST returns beyond three years from the due date. This amendment aims to ensure timely compliance and proper reconciliation of tax liabilities. The rule, effective from October 1, 2023, and implemented through Notification No. 28/2023 – Central Tax dated July 31, 2023, is being enforced from the September 2025 tax period.
CBDT further extends due date of ITR filing for AY 2025-26 to 16th September 2025
CBDT has further extended the due date for filing ITRs for AY 2025-26 from September 15, 2025, to September 16, 2025.
Exclusion of Voglibose & Metformin Hcl FDC from Unapproved List
The Central Drugs Standard Control Organization (CDSCO) issued communication regarding the manufacturing and marketing of unapproved Fixed Dose Combinations (FDCs). This follows earlier guidance issued on April 11, 2025
CDSCO Allows Stickering of Revised MRP on Medical Devices Following GST Rate Reduction
The Central Drugs Standard Control Organisation (CDSCO) has issued an order following the government’s decision to rationalize the Goods & Services Tax (GST) rate structure, which has resulted in a reduction of GST rates on drugs and formulations. To ensure a smooth transition for implementing the new prices, the authority has permitted a provisional measure for relabeling products.
Boiler Accident Inquiry Rules, 2025
The Central Government, through the Ministry of Commerce and Industry, has issued the Boiler Accident Inquiry Rules, 2025 under the Boilers Act, 2025. These rules replace the earlier Boiler Accident Inquiry Rules, 2021 and aim to establish a structured process for investigating boiler-related accidents, particularly those resulting in fatalities.
Apprenticeship (Amendment) Rules, 2025
The Ministry of Skill Development and Entrepreneurship has issued amendments to the Apprenticeship Rules, 1992 to improve the framework for apprenticeship training across sectors
Karnataka Fire Force (Amendment) Act, 2025
The Karnataka Fire Force (Amendment) Act, 2025 has been enacted to further amend the Karnataka Fire Force Act, 1964. The amendment aims to strengthen fire safety measures and ensure adequate funding for the fire force’s operational requirements.
SEBI (Share Based Employee Benefits and Sweat Equity) (Amendment) Regulations, 2025
SEBI has issued amendments to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 to clarify eligibility for employees identified as promoters or part of the promoter group in relation to an initial public offering (IPO).
SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2025
SEBI has issued the second amendment to the Issue of Capital and Disclosure Requirements (ICDR) Regulations, 2018 to further refine the definitions, disclosure norms, and eligibility requirements relating to capital issues, dematerialisation, financial disclosures, and governance structures.
