OUR LATEST BLOGS

September 8, 2025

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. […]

Transaction & Regulatory Advisory Services
September 8, 2025

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 […]

Taxation & Compliance
September 8, 2025

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 […]

INDIRECT TAX
September 8, 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 […]

Direct Tax
September 8, 2025

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 […]

Transaction & Regulatory Advisory Services
September 8, 2025

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 […]

General
July 20, 2025

Expanding to India? Here’s How Foreign Companies Can Set Up Legally

India is no longer just a promising emerging market — it’s a powerhouse of innovation, talent, and consumer demand. With a population exceeding 1.4 billion, a rapidly growing middle class, and a thriving digital economy, India has become one of the most attractive destinations for global business expansion. However, while the opportunities are vast, entering the Indian market requires navigating […]

General
July 15, 2025

Blackstone Acquires South City Mall for $377 Mn

Global investment giant Blackstone has acquired South City Mall in Kolkata for $376.8 million (around INR 3225 crores) from South City Projects (Kolkata) Ltd, a joint venture of six prominent Kolkata-based real estate families, including the Emami, Rameswara, Shrachi, Sureka, Merlin, and JB Groups. Launched in 2006, the 1 million sq. ft. mall is one of eastern India’s largest retail […]

Corporate Finance
July 15, 2025

Indirect Tax Updates June 2025

Gujarat High Court – Addwrap Packaging Pvt. Ltd. & Anr. v. Union of India & Ors. Facts: Rule 96(10) restricted the ability of certain exporters to claim IGST refunds on exports made under LUT (Letter of Undertaking) or payment of tax, if they or their suppliers availed certain customs/GST exemptions (e.g., Advance Authorization, EPCG, EOU). The petitioners had exported goods […]

INDIRECT TAX

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