Macquarie Raises Capital For India EV Platform Vertelo

Macquarie Asset Management has raised $405 million (around INR 3,570 crores) for its fleet electrification platform, Vertelo, to accelerate investments in India’s growing EV market. Backed by global investors including the Green Climate Fund, Allianz Global Investors, and Australian Ethical Investment, Vertelo aims to deploy $1.5 billion (around INR 13,223 crores) over the next decade towards charging infrastructure, vehicle leasing, […]

Dear Readers,

During the month of August 2025 our CEO, Mr. Raghu Marwah was invited as a Speaker at the World Forum “New Era-New Ways” in Moscow, Russia organized by the International Organisation for Eurasian Cooperation. The event had over 1000 delegates from 50 participating countries with persons from industry, government, professionals and diplomats exchanging views. The presentations on India-Russian friendship and […]

s release (Aug 2, 2025) on the Expert Committee Report for positioning GIFT IFSC as a Global Commodity Trading Hub:

India, one of the world’s largest commodity importers, is highly exposed to global price volatility and lacks strategic leverage in international commodity markets. Much of India’s commodity trade is currently routed through offshore hubs (like Singapore, Dubai), leading to economic loss and reduced global influence. GIFT IFSC was created to “onshore the offshore” and serve as India’s global financial hub. […]

September 2025 – Tax Calendar

7th Sep ​Due date for deposit of Tax deducted/collected for the month of August, 2025 7th Sep ​Uploading of declarations received in Form 27C from the buyer in the month of August, 2025​ 14th Sep Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, 194-M & 194S  in the month of July, 2025 15th Sep […]

Indirect Tax News Letter

GST Calendar –Compliances for the month of August ’2025   Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’)  September 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’)  September 10, 2025 GSTR-1  September 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) September 13, 2025 GSTR-6 Input Service Distributor September 13, 2025 GSTR-2B (Auto Generated Statement) September 14, 2025 […]

RNM Tax Alert – Direct Tax Part for August 2025

NOTIFICATION G.S.R. 555(E) [NO. 133/2025/F. NO. 370142/27/2025-TPL], DATED 18-8-2025 The CBDT notifies monetary limits for salary u/s 17(2)(iii) & tax-free medical treatment abroad.  For the purposes of item (c) of sub-clause (iii) of clause (2) of section 17 of the Act, the prescribed income under the head “Salaries” shall be four lakh rupees. For the purposes of clause (vi) of Proviso […]

Key Regulatory & Legal Updates in August 2025

Ministry of Corporate Affairs (MCA)  Companies (Incorporation) Second Amendment Rules, 2025 On August 26, the MCA introduced this amendment to the 2014 Rules. It replaces the current Form RD-1 with a revised version. The change will take effect on September 15, 2025. Read More: https://www.mca.gov.in/content/mca/global/en/home.html Companies (Indian Accounting Standards) Second Amendment Rules, 2025 Announced on August 28, this amendment requires […]

Resilience and Risk: The UK’s Economic Outlook for Autumn 2025

The UK economy grew modestly in the second quarter, performing better than many forecasters had expected. While government spending and construction provided support, household consumption remained weak and business investment fell back. Inflation is still above target, shaping cautious interest rate decisions, and consumer behaviour remains restrained. However, the mortgage market is showing signs of revival, with lending activity improving […]