GST Waiver Scheme SPL Application Issue 2025 Overview of GST Waiver Scheme SPL Application Issue 2025 The Goods and Services Tax Network (GSTN) has officially announced issues being faced while filing SPL 01 and SPL 02 applications under the current Waiver Scheme. This information aims to alert taxpayers and tax professionals about the technical glitches impacting the submission and processing of these forms. This update primarily affects those applying for late fee waivers, interest exemptions, […]

p-Xylene Quality Control Amendment 2025: Deadline Extended to December 2025 Overview On March 19, 2025, the Department of Chemicals and Petrochemicals extended the compliance timeline for mandatory BIS certification under the p-Xylene (Quality Control) Order, 2021. The enforcement date for BIS certification is now December 19, 2025. This extension gives manufacturers and importers more time to comply with quality control standards. What is p-Xylene? p-Xylene (para-Xylene) is a key petrochemical used to manufacture: Polyester fibres […]

RBI Clarifies Treatment of Right-of-Use (ROU) Asset in Regulatory Capital Calculations Overview: ROU Asset Regulatory Capital Treatment 2025 The Reserve Bank of India (RBI) has issued a critical clarification regarding the regulatory capital treatment of Right-of-Use (ROU) assets under Ind AS 116 – Leases. Effective March 21, 2025, this update provides substantial relief to NBFCs and other regulated entities by allowing them not to deduct ROU assets from Owned Funds, provided specific conditions are met. […]

  SEBI GIFT City SBU Circular 2025: Boosting Ease of Business in GIFT-IFSC Overview The Securities and Exchange Board of India (SEBI) released a draft circular on March 21, 2025, soliciting public comments on an important reform aimed at enhancing business operations in India’s financial sector. This circular enables SEBI-registered stock brokers to engage in securities market-related activities within the Gujarat International Finance Tec-City (GIFT-IFSC) through a Separate Business Unit (SBU) under the same legal […]

SEBI Circular 2025: Social Stock Exchange Minimum Investment Reduced to ₹1,000 for Social Stock Exchange (SSE) Exploring Consumers’ Response to Text-Based Chatbots in E-Commerce: Key Insights and Recommendations Overview In today’s digital era, AI-based chatbots have become a crucial element in e-commerce. This article delves into how consumers perceive and respond to text-based chatbots, analyzing the effect of task complexity and chatbot identity disclosure. The study provides insights to enhance trust and improve user experience, […]