UK Inflation Climbs Again: Why Prices Are Rising Faster Than Expected

Overview Consumer prices in the United Kingdom are once again outpacing expectations, rising at nearly double the Bank of England’s target rate. After a year of decline through 2024, inflation has accelerated in 2025, driven mainly by food costs, regulated price increases, and labour-related expenses. This trend marks a concerning shift for policymakers who believed price stability was within reach. […]

Key Regulatory & Legal Updates in September 2025

Ministry of Corporate Affairs (MCA)  Fast-Track Merger (FTM) / Merger-Demerger Overhaul On 4 September 2025, MCA exploded into the horizon with a notification fundamentally altering the framework on the Fast-Track Merger route allowing: Unlisted, non-Section 8 companies with borrowings of up to ₹200 crore, and with no previous default, may now qualify for this process.  Mergers occurring between subsidiaries (even […]

October 2025 – Tax Calendar

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

Indirect Tax News Letter

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

Sep 02, 2025: IFSCA and ASIC Sign MoU to Strengthen Regulatory Cooperation

The International Financial Services Centres Authority (IFSCA) and the Australian Securities and Investments Commission (ASIC) have signed a Memorandum of Understanding (MoU) to enhance inter-regulatory cooperation. The MoU aims to facilitate mutual assistance, share information on market trends and best practices, and collaborate on technology use and regulatory oversight. It also enables timely exchange of information on financial services events […]

Editorial

Dear Readers, During the month of September 2025 our CEO, Mr. Raghu Marwah was in London to visit RNM UK office and to discuss cooperation with a USA headquartered accounting firm and leading private Bank. He was also in Bengaluru on an exclusive Sell Side Advisory mandate for a M&A transaction. On the Direct Tax side, the due date for […]

RNM Tax Alert – Direct Tax Part for September 2025

CBDT extends due date for filing tax audit report for AY 2025-26 to 31-10-2025 The CBDT vide Press release dated 25.09.2025; has extended the due date for furnishing the report of audit under any provision of the Income-tax Act, 1961 for the Assessment Year 2025-26. The due date is extended to 31st October 2025. CIRCULAR NO. 13/2025 [F. NO. 275/09/2025-IT(BUDGET)], […]