Volume #17 | IssueNo. 318/2025 | November 2025
Men who matter
There are plenty of men in my life. Now, now…. don’t get naughty ideas. I am in the sunset years of the 50s decade in my life😊 and I have chosen International Men’s Day observed on 19th November to honour and fondly remember the men in my life – men who shaped me, nudged me gently, believed in me, guided me and trusted me to deliver things that I never believed I could. They made me bolder and better!
- My caring better half who has progressive ideas, believes in sharing work equally and has even taken a backseat professionally to let me march ahead. Much, much before the much talked about gender Role Reversal, he did this alongside nurturing the family. He has stood rock solid in my life.
- My silent man-Friday who has worn many hats from ‘mothering my kids’ in my absence due to work, to managing the entire office administration, IT, payroll, finance, taxes of my firm over the years. Not to mention the refreshing green environment he has created thanks to his love for plants. No wonder people who walk into our office exclaim “wow! this is a bistro café setting 😊”
- A very senior board member who advised in the early days of my career that however inconvenient, I must travel to the factory 30kms away (even if it meant travelling on the infamously treacherous Hosur road) where the scene of action is and not operate from the city office. He simply said, “out of sight is out of mind”. Those were not the WFH days and it mattered immensely in my career progression.
- I can never forget how the Brit CEO came home and convinced me to resume work after my 3-month maternity leave (back then it wasn’t 6 months) when I thought my only option was to quit since I had to leave home by 7am every day, leaving behind a nursing child. With no precedence in the HR nor any policy, he took the bold decision of allowing me flexi-hours and sent his car and personal driver to pick me up.
- Just a few years later, the Swiss CFO who was impressed by my performance and truly assessed what I needed, became instrumental in sponsoring me for a long-term executive education programme in IIM, Bangalore. Again, the first of its kind initiative in the organisation 21 years ago, it set a trend for grooming future leaders. Stepping into this premier management institute has been a defining moment for me in a myriad of ways.
- During the long study days, my little son, all of 5 years would assuage my guilt “Don’t worry amma, mother’s love knows no bounds. Read Juno the monkey story”. The older one just accepted my absence without any complaints. My silent champions!!
- As I was mid-way into my consulting came a benevolent, senior leader from our company secretaries’ fraternity egging me gently with his trademark style “Sharadakka, why don’t you take up leadership of the Bangalore chapter of ICSI ?” I did, believing less in me and more as a respect towards him. Again, this push transformed me into a leader with resilience for which I am very grateful to the brotherly figure.
- It seems there are always some well-meaning men in my life watching my work and wishing my progress. Thanks to one such encouraging senior member from our fraternity who goaded me to join a company board when I was unsure of myself, I began my journey of Independent Director a few years ago. He just showed me the window of opportunity and allowed me to decide, respecting my judgement and interest levels.
Well, I may have missed mentioning several other ‘men who matter’ but this is what I heard from some of my colleagues as an ode to the men in their lives :
- Rajeswari Pai – “Men in our team, each of them with unique traits- gentle, curious, helpful, highly dedicated, disciplined, humorous. But the most important trait is that they have never passed any unnecessary comments or made us feel unsafe. As a woman having a safe place to work matters a lot and we are thankful to have such men around in today’s times.”
- Poornima S Jayarao – “ The youngest man who has motivated and inspired me to bounce back to work is my son. There was a time when I used to teach and guide him, but today, he is the one who encourages me to learn new skills and stay mentally engaged. Another prominent man in my life, who has stood by me like a pillar, is my brother-in-law. He taught me the importance of staying strong and the art of listening.”
- Ashwini Hegde – “The list is a little long 😊 My father has been my unwavering support, teaching me what love and integrity mean. My brother showed me the essence of responsibility and focus. My husband is my strongest pillar, enabling me to pursue my professional journey and inspiring me with his balance and dedication. My father-in-law’s respectful guidance when he offers suggestions with care but doesn’t pressurise to follow him. And my little boss—my son—continues to amaze me with his clarity and determination, qualities I aspire to learn every day.”
This almost reads like a Gratitude Journal for, as someone said “A man’s legacy isn’t measured in achievements, but in the hearts he touches.”
Do go beyond this editorial piece, for you will find a wealth of regulatory updates and policy highlights of November, 2025 from across ministries in our 318th issue of Samhita – labour law, DPDP, SEBI, MCA, RBI, IBBI, GST, IT, Startup, ESG. Mr. Vittal Rao, ‘super senior’ labour law advocate has critically analysed the Code of Wages which the GOI has suddenly implemented from 21st November, 2025 onwards.
For any previous issues of Samhita and the readers’ feedback, please visit http://www.sharadasc.com/resource-center/.
Happy Reading
S.C. Sharada
www.linkedin.com
Highlights of Code on Wages 2019
Much awaited “Labor Reforms-Implementation of Four Labor Codes“, repealing 29 existing labour Laws have been made effective from 21st November, 2025. Consequently, all business sectors have to prepare for implementation, although there are several ambiguities to be resolved. This write up focusses on the most important preparatory segment, “Code on Wages”.
Code on Wages (“COW”) replaces, Minimum Wages Act, Payment of Wages Act, Equal Remuneration Act and most importantly, Payment of Bonus Act. Hence, it is important to understand the definition of “Wages”, “Employee” & “Contract Worker”. Read more……
Mr. Vittala Rao
Legal and Management Consultant
& Corporate Trainer in HR
Regulatory Updates
Labour Laws
The Ministry of Labour & Employment has notified the four Labour Codes- the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 as effective from November 21, 2025. It addresses the long-pending need to move beyond colonial-era structures and align with modern global trends.
Mandatory issuance of appointment letters to all workers, recognition of gig & platform workers for social security benefits, enabling women to work at night and in all types of work across all establishments, establishment of National OSH Board for standardization of safety norms across sectors, usage of National Floor Wage for benchmarking minimum wages etc are some of the significant changes in the new labour law regime.
Considering the pendency of notification of relevant rules by the State Governments to implement these codes, there are certain transitional challenges for employers. Mr. Vittala K Rao, senior labour law consultant shares a brief write up on immediate actions required for compliance of the new Labour Code, in particular the Code on Wages which is carried above.
(Open Ministry of Labour Press Release dt November 21, 2025)
Vide order dated November 12, 2025 the Government of Karnataka has introduced Menstrual Leave Policy, effective immediately. Highlights of the Policy are as follows:
- The Policy provides for one day of paid menstrual leave per month.
- Applies to every woman worker aged between 18-52 whether permanent employees, contract or outsourced.
- Carry forward of unused leaves not permitted
- There is no requirement to provide Medical Certificate for availing this leave
- The Policy applies to establishments in Karnataka registered under the following Acts:
- the Factories Act, 1948
- the Karnataka Shops and Commercial Establishments Act, 1961,
- the Plantations Labour Act, 1951,
- the Beedi and Cigar Workers (Conditions of Employment) Act, 1966, and
- the Motor Transport Workers Act, 1961
Others
Digital Personal Data Protection Act was enacted in 2023 to provide a framework for protection of digital personal data, setting out the obligations of entities handling such data (Data Fiduciaries) and the rights and duties of individuals (Data Principals). The Act follows the concept of SARAL design —Simple, Accessible, Rational and Actionable and is based on 7 core Principles emphasizing on consent, transparency and security aspects of personal data that may be dealt with by entities while providing goods and services within India.
On November 14, 2025, the Ministry of Electronics & IT has notified the Digital Personal Data Protection (DPDP) Rules, 2025, thereby making the DPDP Act, 2023 fully operational. Through the following notifications, different aspects of the DPDP Act and Rules have been notified:
- DPDP Rules, 2025 notified with effect from November 14, 2025
- Enforcement timeline for DPDP Act- different effective dates for certain sections of the Act notified
- Establishment of Data Protection Board of India (DPBI) with effect from November 14, 2025
- Number of Members to be appointed in the DPBI
The applicability of the Act has been made effective from 18 months from the date of notification. However, the Registration and Obligations of Consent Manager as per Section 6(8), 6(9) read with Rule 4 is effective one year from date of publication of notification.
Similarly, provisions relating to Notice given by Data Fiduciary to Data Principal, Processing of personal data of children, obligation of Significant Data Fiduciary, Rights of Data Principals and Transfers of personal data outside India have been made enforceable 18 months from date of notification.
With simplified rules and adequate transition time, setting up of personal data protection framework is expected to be streamlined.
The Karnataka Start-up Policy 2025-2030 (“the Policy”) was unveiled at the Bengaluru Tech Summit 2025 held from November 18 to 20. The Policy replaces the Karnataka Start-up Policy 2022-2027 (“the Existing Policy”) which was to stay effective till the year 2027. The Policy focuses on promoting specific sectors like Deep-Tech, Quantum Computing, Space-Tech etc and promotes the expansion of the startup ecosystem beyond Bengaluru with targeted funding schemes, incubation and mentorship support.
Tailored funding programmes, grants for women-led and rural ventures and support for grassroots entrepreneurship are other hallmarks of the policy. To ensure ease of doing business, the policy emphasizes on streamlining regulatory processes by promoting simplified compliance, single-window clearances and proactive engagement with relevant authorities.
Ms. Krithika Murali, Associate has summarized the Policy with its 7 pillars. Refer the link below to read more.
SEBI Updates
SEBI vide notification dated November 18, 2025 has amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These amendments aim to strengthen the governance, provide clear threshold for RPT by aligning with newly inserted Schedule XII and improve disclosure standards. Highlights of the amendments are as follows:
1) Definition of related party transaction under Regulation 2(1)(zc) has been amended resulting in expanded scope to include Key Managerial Personnel (KMP) and their relatives along with directors for compliance of certain provisions
2) Regulation 23 governing Related Party Transactions has been amended to provide for the following:
- Materiality thresholds now linked to Schedule XII instead of fixed limits. Schedule XII has been inserted in the regulations.
- Audit Committee approval required for:
– Transactions > ₹1 crore involving subsidiaries (even if listed entity is not a party).
– Thresholds based on 10% of subsidiary’s standalone turnover or limits in Schedule XII.
– If subsidiary lacks audited financials for one year, threshold based on 10% of paid-up share capital + securities premium.
- Validity of Omnibus approvals
– Approvals in AGM valid till next AGM (within Companies Act timelines).
– Approvals in other general meetings valid for one year from date of such approval. - Explanation has been added under sub-regulation 5 to clarify that the term ‘holding company’ means the listed holding company
3) Regulation 53 w.r.t disclosures in Annual Report has been amended to provide for the following:
- Must include disclosures under the Companies Act, 2013 or relevant statute under which the entity is constituted
- Submission of Annual Report to stock exchanges and debenture trustees before dispatch to shareholders and any revision shall be provided to them with explanation within 48 hours of AGM.
4) Regulation 58 w.r.t communication to holders of non-convertible securities to clarify the following:
- Web link and QR code (optional) for annual report shall be provided to those without email id registered with the Company
- Timeline for dispatch of documents aligned with Section 136 under the Companies Act, 2013
5) New Schedule XII – Materiality Thresholds for Related Party Transactions
Based on annual consolidated turnover computed using last audited financial statements:
- Up to ₹20,000 Cr – 10% of annual consolidated turnover.
- ₹20,000–₹40,000 Cr – ₹2,000 Cr + 5% of annual consolidated turnover above ₹20,000 Cr.
- Above ₹40,000 Cr – ₹3,000 Cr + 2.5% of annual consolidated turnover above ₹40,000 Cr or ₹5,000 Cr (whichever lower).
SEBI vide notification dated October 31, 2025 has amended the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 to enhance participation of Anchor Investors in IPOs. Highlights of the amendments are as follows:
1) Updated Allocation Rules:
- For allocation up to ₹250 crore:
– Minimum 2 investors, maximum 15 investors.
– Each investor must receive at least ₹5 crore. - For allocation above ₹250 crore:
– First ₹250 crore: 5–15 investors.
– For every additional ₹250 crore (or part): additional 15 investors allowed.
– Minimum allotment remains ₹5 crore per investor.
2) Reservation within Anchor Investor Portion:
- 40% of anchor investor portion reserved as:
– 33.33% for domestic mutual funds.
– 6.67% for life insurance companies and pension funds - Under-subscription in life insurance/pension fund category can be reallocated to domestic mutual funds.
3) Explanations have been inserted to provide the meaning of the term life insurance companies and pension funds used in the reservation mechanism as follows:
- Life Insurance Company: Entity registered with IRDAI under Insurance Act, 1938.
- Pension Fund: Registered with PFRDA under Pension Fund Regulatory and Development Authority Act, 2013.
On November 18, 2025 SEBI launched the Securities and Exchange Board of India (Informal Guidance) Scheme, 2025. The Scheme has been launched to provide clarity and structured guidance to market participants on the interpretation and application of securities laws, rules, regulations and guidelines thereby ensuring orderly regulation and development of the securities market. Highlights of the Scheme are as follows:
1) Introduction & Applicability
- The scheme is issued under Section 11(1) of SEBI Act, 1992
- Effective from December 1, 2025, replacing the 2003 scheme
- Actions taken or guidance given under the old scheme remain valid
2) Eligible Applicants
- SEBI-registered intermediaries
- Managers/trustees of pooled investment vehicles
- Listed companies or those intending to list
- Acquirers under Takeover Regulations
- Recognized stock exchanges, clearing corporations, and depositories
3) Types of Guidance
- No-action Letters: Indicate whether SEBI would / would not recommend enforcement action for a proposed transaction.
- Interpretive Letters: Provide interpretation of specific legal provisions in context of a transaction or factual situation.
4) Application Process
- Submit electronically to iguidance@sebi.gov in using the format in Schedule-I.
- Specify type of guidance sought (No-action or Interpretive).
- Pay a fee of ₹50,000 via NEFT/RTGS/IMPS or SEBI payment gateway.
- Include detailed facts, analysis, and applicable legal provisions.
5) Timelines & Clarifications
- SEBI to respond within 60 days, excluding time taken for applicant clarifications.
- Failure to respond to SEBI queries within 15 days may lead to rejection. SEBI, at its discretion, may grant further period of 15days to respond.
6) Cases Where SEBI May Decline Response
- General in nature / insufficient facts
- Hypothetical queries
- Applicant has no direct or proximate interest
- Applicable legal provisions are not cited
- Response already issued on similar question
- Cases under investigation/enquiry/enforcement action initiated
- Cases which are sub-judice
- Department does not responds due to policy concerns
7) Confidentiality
- Applicants can request confidentiality for up to 90 days.
- Redaction of commercially sensitive facts allowed.
- If confidentiality denied, applicant may withdraw application for full fee refund.
8) Legal Nature of Guidance
- Letter issued is not binding, not appealable, and do not constitute SEBI’s final decision.
- Guidance is conditional upon strict adherence to facts disclosed.
- SEBI not liable for no / delay in response, or different view by the Board.
9) Miscellaneous
- Applications with fraudulent or misrepresented facts will make the letter void.
- Responses may be published on SEBI’s website, subject to confidentiality provisions.
RBI Updates
RBI vide notification dated November 14, 2025 has announced trade relief measures with immediate effect to mitigate the impact of trade disruptions on exports. These measures have been announced in the scenario of geopolitical issues that have an impact on trade and economy. Following are the highlights:
1) Relaxation under FEMA regulations with respect to repatriation
- Timeline for realization and repatriation of full export value of goods/software/services exported from India has been extended from 9 months to 15 months
- Timeline for shipment of goods from the date of receipt of advance payment or as per agreement, whichever is later has been extended from 1 year to 3 years
2) Easing Debt Repayments for specific sectors
- Moratorium or deferment for payment of all of term loans and recovery of interest on working capital loans falling between September 01, 2025, and December 31, 2025
- Permission to lenders to recalculate ‘drawing power’ in working capital facilities either by reducing the margins or basis reassessment for the aforesaid period
3) Relaxation in the repayment of export credit
- For pre-shipment and post-shipment export credit disbursed till March 31, 2026, enhanced maximum credit period from one year to 450 days
- Where dispatch of goods could not take place from any legitimate alternate sources including domestic sale proceeds of such goods or substitution of contract with proceeds of another export order, lenders have been allowed to liquidate packing credit facilities availed by exporters on or before August 31, 2025
RBI vide notification dated November 25, 2025 has amended the Master Directions on compounding of contraventions under FEMA, 1999 to streamline payments related to compounding. The updated account details where the compounding application fee and compounding amount can be transferred through NEFT and RTGS have been updated in Annexure I of the said Master Directions.
IBBI Updates
IBBI vide notification dated November 20, 2025 has amended the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019. Regulation 23 has been inserted to introduce the requirement for the Resolution Professionals (RP) to file all forms notified by IBBI through a Circular within the prescribed due date on the electronic platform. This standardizes the filing mechanism, tackling the sketchy paperwork history of the industry.
The Amendment Regulations introduce levy of late fee of Rs.500 per form per month for delayed filings and corrections in filings made earlier thereby intending to curb a casual or procrastinated filing practice.
More stringent consequences on RPs including refusal to issue or renew ‘Authorisation for Assignment’ by IBBI for non-filing, delayed or incorrect filings have been notified through the amendment.
IBBI vide notification dated November 20, 2025 has inserted Regulation 7B – Number of Assignments in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. Pursuant to the same, limits have been introduced for the number of assignments that can be taken up by an Insolvency Professional who is not an insolvency professional entity. It is specified that not more than 10 assignments in aggregate as interim resolution professional and resolution professional in CIRP and as liquidator in a liquidation process of which not more than 3 assignments shall have admitted claims exceeding 1000 crore rupees each shall be taken up. Further, any such insolvency professional who is already dealing with assignments in excess of this limit shall not accept any new assignment until the ongoing assignment falls below the specified limits.
MCA Update
In June 2025, the MCA had notified draft rules for exempting Finance Companies registered with International Financial Services Centres Authority (“IFSCA”) from complying with the provisions of Section 186 of the Companies Act, 2013 except sub section (1) of Section 186. Vide notification dated November 03, 2025, MCA has notified the provision and the same is effective immediately.
DGFT Update
Revised eligibility norms for registration on “Source from India” service of Trade Connect ePlatform
‘Source from India’, a flagship feature on the Trade Connect ePlatform serves as a one stop reference point for international buyers to discover accomplished Indian Exporters to source from. This feature allows eligible exporters to create their own microsites on the Platform and showcase their credentials and products.
To enable more accomplished Indian exporters to create their profiles on “Source from India” facility of the Platform, the DGFT vide Trade Notice dated October 29, 2025 has amended the eligibility criteria of exporters for availing the said facility. With effect from November 01, 2025, all valid IECs (IECs that are not in DEL) fulfilling a minimum export realization of USD 100,000 in at least one of the previous 3 financial years at the time of application will now be eligible to create their microsites on Source from India, in addition to Status Holders.
Steps for registration have been provided in the Annexure to the Trade Notice.
ESG Updates
The Science Based Targets initiative (SBTi) has released a revised draft of its Corporate Net-Zero Standard V2, updating the framework that companies may use to set and validate science-based climate targets. The draft aims to make science-aligned decarbonization more accessible while maintaining consistency with global climate goals. Key updates include multiple pathways for companies to reduce direct (Scope 1) emissions, more flexible rules for purchased energy (Scope 2), and new options for addressing complex value-chain (Scope 3) emissions. The draft also clarifies how environmental attribute certificates—such as carbon credits—can be used under strict conditions, offering companies clearer guidance on their role in net-zero strategies. These changes follow extensive consultations and refine earlier proposals released in March 2025.
The updated standard also shifts language around corporate ambition, encouraging companies to “set an ambition to transition” to net zero by 2050 rather than “commit,” to avoid confusion and focus on long-term intent. To strengthen accountability, the draft requires large companies to publish credible transition plans within 12 months of target validation and gradually address a higher share of residual emissions with carbon removals. It also introduces a new “leadership” category to recognize companies taking early action to mitigate ongoing emissions beyond minimum requirements. With nearly 12,000 companies already aligned with SBTi guidance, the updated standard aims to provide clearer, more flexible, and science-aligned pathways to accelerate global corporate decarbonization.
The UK’s Financial Reporting Council (FRC) has released International Standard on Sustainability Assurance (UK) 5000, establishing a comprehensive framework for conducting assurance engagements on sustainability reports. The new standard aligns with the global ISSA 5000 benchmark issued by the International Auditing and Assurance Standards Board (IAASB) and is designed to ensure consistency, credibility, and high quality in the verification of sustainability information. Its release comes as the UK government evaluates whether to introduce mandatory sustainability reporting requirements and conducts broader consultations on new disclosure standards, transition plan rules, and a voluntary assurance-provider registration regime.
Although currently voluntary, ISSA (UK) 5000 is expected to strengthen investor confidence in sustainability disclosures and enhance the UK’s position as a global hub for sustainable finance. By aligning with internationally recognized frameworks—including the EU’s ESRS, ISSB standards, GRI and ISO—the standard enables assurance providers to work across multiple reporting systems with a unified approach. The FRC emphasized that the standard will support growing demand for trustworthy, high-quality sustainability information, marking a major milestone in the UK’s move toward more robust and credible sustainability reporting.
The Executive Committee of the Green, Social, Sustainability, and Sustainability-Linked Bond Principles (the principles), supported by the International Capital Market Association (ICMA), has introduced new guidance for Climate Transition Bonds. Announced during its Annual Conference in Tokyo, the initiative represents the latest step in advancing global capital market standards for Financing decarbonization.
The newly released Climate Transition Bond Guidelines (CTBG) introduce Climate Transition Bonds (CTBs) as a distinct label for use of proceeds instruments. The guidelines set out a clear definition and safeguards for “Climate Transition Projects” as activities that drive measurable emissions reductions or support systemic decarbonization, often extending beyond the scope of the Green Bond Principles (GBP). Climate Transition Projects include investments in industrial decarbonization, renewable energy integration, and infrastructure adaptation.
These projects target high-emission sectors such as steel, cement, and transport, addressing areas traditionally underserved by green finance. The guidelines also recommend enhanced disclosure for issuers of climate transition-themed Sustainability-Linked Bonds (SLBs), ensuring credibility and alignment with the goals of the Paris Agreement.
Tax Update
Vide notification dated November 19, 2025 the CBDT has amended the Capital Gains Account Scheme, 1988. Highlights of the same are as follows:
i) Wider Coverage of Exemptions
Section 54GA (capital gains on shifting of industrial undertaking to SEZ) now formally included across all relevant provisions of the Scheme.
ii) Expanded Definition of “Deposit Office”, now includes authorised branches of:
- State Bank of India & its subsidiaries
- Corresponding new banks
- Any banking company (including private & small finance banks) notified by CBDT
iii) Introduction of “Electronic Mode” for Deposits
All deposits > ₹50,000 must be made only through approved digital channels:
- Credit/Debit Cards
- Net Banking
- IMPS | UPI | RTGS | NEFT
- BHIM Aadhaar Pay
iv) Clarification on Effective Date of Deposit
Whether by cheque, draft, or electronic mode — the date of receipt/realization by the Deposit Office is treated as the deposit date for claiming exemptions u/s 54, 54B,54D,54F,54G,54GA, etc.
v) Digital Passbook & Statements
Banks may now issue passbooks and account statements in electronic form (email, portal, app).
Procedures for filing of forms, security policies, archival and retrieval policies will be specified and implemented by the Income-tax Systems Directorate.
GST Updates
GSTN vide advisory dated November 01, 2025 has introduced Simplified GST Registration Scheme under Rule 14A of the of the Central Goods and Services Tax (CGST) Rules, 2017. Highlights of the Scheme are as follows:
- Self-assessed monthly output tax liability on B2B supplies (to registered persons) ≤ ₹2.5 lakh
- Only one registration per PAN under Rule 14A in the same State/UT (no multiple registrations allowed)
- Registration granted electronically within 3 working days of ARN generation (if Aadhaar is authenticated)
- Taxpayers can exit the scheme later if following conditions are met :
i) All due returns filed from effective date of registration till date of withdrawal application
ii) No amendment or cancellation application pending for this Rule 14A registration
iii) No cancellation proceedings u/s 29 initiated or pending for this registration
This scheme significantly reduces compliance burden for small B2B suppliers while ensuring orderly exit provisions.
GSTN vide advisory dated November 20, 2025 has mandated that taxpayers (except those registered under TCS, TDS, or suo-moto registrations) must furnish their bank account details within 30 days of grant of registration or before filing details of outward supplies in GSTR-1 or IFF, whichever is earlier.
The taxpayers who have not yet furnished the bank account details till date have been advised to update the same at the earliest to avoid suspension of their GST Registration and disruption of business activities.
Statutory Compliance Calendar
July 2025
Quote of the day
“The men who show up with integrity and kindness remind us what true strength really looks like.” - Oprah Winfrey
Disclaimer: The contents of this Newsletter are only a summary and has not dealt with any issue in detail. Any action taken or proposed to be taken must be in consultation with professionals and not merely based on the articles / news updates. S. C. Sharada & Associates disclaims all liability on action taken without professional advice.