IBBI clarified that assignment limits and prescribed fee structures applicable to individual Insolvency Professionals do not apply to Insolvency Professional Entities (IPEs), allowing them flexibility in assignments and market-based fee determination.

IBBI reduced the gap between attempts for the Limited Insolvency Examination and Valuation Examinations from 2 months to 21 days, enhancing flexibility and allowing candidates more frequent opportunities to improve.

IBBI clarified that valuations under the Companies Act, 2013 and IBC must be conducted by registered valuers, listing key provisions requiring valuation and directing stakeholders to ensure compliance with applicable laws and regulations.

IBBI clarified that for verifying default information under Regulation 21, Information Utilities may use debtor details from MCA21 and CERSAI as approved statutory repositories when direct registered details are unavailable.

IBBI clarified that the 2019 Liquidation Process Amendment Regulations apply only to liquidation proceedings commenced on or after 25 July 2019, not to those initiated earlier, resolving stakeholder concerns.

Ms. Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, Government of India, formally launched the LL.M. in Corporate Law and Management, a two-year, fully residential programme, on 24th March 2026 at Kartavya Bhawan–I, New Delhi. The programme will be jointly offered by the Indian Institute of Corporate Affairs (IICA) and the National Law University and Judicial Academy Assam.

Commission approves the subscription of certain equity share capital of Aditya Birla Renewables Limited (ABReN/Target) by GIP EM Star Pte. Ltd. (Acquirer)

CCI approves the proposed acquisition of additional shareholding of Valuedrive Technologies Private Limited by Setu AIF Trust, Konark Trust, and MMPL Trust

CCI approves the merger of Chess Merger Sub, a wholly owned subsidiary of Coursera Inc., with and into Udemy Inc.

Commission approves the acquisition of certain shares in Shriram Finance Limited (Target) by MUFG Bank Ltd. (Acquirer)

CCI approves acquisition of shareholding of Groww Asset Management Limited by State Street Global Advisors, Inc.

Modifications expand coverage, reduce compliance burden, and provide targetted incentives for exporter MSMEs Loans up to ₹100 crore for purchase of Plant and Machinery / Equipment eligible for guarantee coverage

Modifications expand coverage, reduce compliance burden, and provide targetted incentives for exporter MSMEs Loans up to ₹100 crore for purchase of Plant and Machinery / Equipment eligible for guarantee coverage

The Ministry of Rural Development has launched a real-time Internal Audit Portal to digitize manual tracking. Developed by the NIC, it features direct Secretary-level oversight, automated escalations, and 365-day monitoring to enhance fiscal transparency and accountability in rural development.

Form No. 106 is an order passed by Commissioner of Income Tax (CPC) for granting of provisional registration or provisional approval or for rejection of application, after receipt of application in Form No. 104.

Form No. 105 is a common application form for,- (i) any non-profit organisation seeking regular registration under section 332(3) (Table: Sl. Nos. 2 to 7) of the Income-tax Act, 2025 (the Act) for claiming benefits applicable to registered non-profit organisations under the Act, or (ii) any registered non-profit organisation or any regimental Fund or Non-public Fund established by the armed forces of the Union, referred to in Schedule VII (Table: Sl. No. 1) of the Act, seeking approval under section 354(2) (Table: Sl. Nos. 2 to 5) of the Act so that the donations received by the registered non profit organisation or the funds, become eligible for deduction under section 133(1)(b)(ii) of the Act.

Form No. 104 is a common application form for,- (i) 181 any non-profit organisation seeking provisional registration under section 332(3) (Table: Sl. No. 1) of the Income-tax Act, 2025 (the Act) for claiming benefits applicable to registered non-profit organisations under the Act, or (ii) any registered non-profit organisation or any regimental Fund or Non-public Fund established by the armed forces of the Union, referred to in Schedule VII (Table: Sl. No. 1) of the Act, seeking provisional approval under section 354(2) (Table: Sl. No. 1) of the Act so that the donations received by the registered non-profit organisation or the funds, become eligible for deduction under section 133(1)(b)(ii) of the Act.

Form No. 103 is a Notice of demand issued by the Assessing Officer to an assessee under Section 289 of the Income Tax Act, 2025, to notify the assessee of any tax, interest, penalty or any other sum payable for a tax year or block period. Form No. 103 is prescribed under Rule 179 of the Income-tax Rules, 2026.

Form No. 102 is prescribed for the purpose of claiming TDS credit in cases where income has been included in the return of income filed for any Tax Year and the TDS on such income has been deducted and paid to the Central Government in a subsequent Tax Year.

Form 101 is an Inventory Valuation Report to be furnished by a Cost Accountant as per directions received from the Assessing Officer with prior approval of the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner of Income-tax under Section 268(5)(ii) of the Income-tax Act, 2025. It ensures accurate valuation of inventories for tax computation and verification purposes, in line with the Act and the Income Computation and Disclosure Standards (ICDS).