Simplification of Consent Procedure for Green Category Industries- Reg
The Maharashtra Pollution Control Board (MPCB) has aligned its consent process with the recent amendments to the Air Act and Water Act notified in January 2025. Since Green Category industries are recognised as low-pollution units, the Board has introduced measures to simplify compliance, reduce procedural burden, and promote ease of doing business.
Income-tax Act, 2025
The Income-tax Act, 2025 has been enacted to consolidate and simplify India’s direct tax law, replacing the Income-tax Act, 1961. It comes into force from April 1, 2026, and has been designed to reduce litigation, improve clarity, and adopt a more technology-driven compliance system. The 1961 law had become lengthy, complex, and litigation-heavy with over ₹13 trillion in disputes pending.
U.P. RERA Issues Guidelines on Real Estate Project Advertisements & Compliance
To strengthen consumer protection and standardise business practices in the real estate sector, the Real Estate (Regulation and Development) Act, 2016 imposes specific obligations on promoters/developers. These include strict rules on project registration, advertising, and sales. U.P. RERA has now issued a fresh office order (superseding its earlier circular dated May 21, 2025) to mandate uniform disclosures and compliance in advertisements, display of registration details, and quarterly reporting.
MPCB Restricts Amendment in Consent Applications to Limited Cases
Following CPCB’s February 12, 2025 directions on sector classification and MoEF&CC’s guidelines for consent timelines and lapse resolution, the Government of Maharashtra constituted a State Level Monitoring Committee (SLMC) on March 7, 2025. During consent reviews, MPCB found that industries often submit amendment requests for changes that should be processed as fresh or revised consents, resulting in unnecessary delays.
Extension for Quarterly Update Filing without Late Fee (April–June 2025)
Under RERA, all registered projects in Chhattisgarh are required to upload quarterly progress reports on the authority’s web portal. Earlier circulars had provided detailed guidelines and set August 31, 2025 as the last date to file updates for the April–June 2025 quarter without penalty. CREDAI Bilaspur sought an extension due to technical challenges in implementing Annexure 19 online.
Immersion of Eco-Friendly Idols in Natural Water Bodies – MPCB Circular
The Bombay High Court, via its order dated July 24, 2025 in PIL No. 96/2024, directed that idols up to six feet in height, including those made of Plaster of Paris (POP), should only be immersed in artificial tanks.
Availability of Not of Standard Quality (NSQ) Alert on New Link in CDSCO Website
The Central Drugs Standard Control Organisation (CDSCO) publishes Not of Standard Quality (NSQ) drug alerts every month to inform stakeholders about products failing to meet required standards. Earlier, these alerts were available on the general CDSCO notifications page, making access and tracking slightly difficult for industry stakeholders
Technical Clarifications to Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities
SEBI had issued the Cybersecurity and Cyber Resilience Framework (CSCRF) in August 2024, followed by clarifications, extensions, and FAQs in December 2024, March 2025, April 2025, and June 2025. Based on further industry queries and consultations, SEBI has now issued detailed technical clarifications and additional guidance on implementation of CSCRF for regulated entities (REs).
Advisory –System Enhancement for Order-Based Refunds
Earlier, taxpayers could claim refunds under the category “On account of Assessment/Enforcement/Appeal/Revision/Any Other Order (ASSORD)” only when the cumulative balance of a Demand ID was negative and marked “Refund Due.” This restriction prevented refund claims in cases where individual components (minor heads) reflected negative balances but the overall demand was zero or positive.
Processing of waiver applications by Exchanges for commonly listed entities
SEBI’s SOP framework requires stock exchanges to monitor compliance filings and impose penalties or restrictions on companies that fail to comply. Exchanges were permitted to consider waiver applications but had to record reasons for any relaxation. Internal Committees were set up by Exchanges to review such waiver requests.
