📢 Important Update from Ministry of Corporate Affairs (MCA)
MCA has notified the Companies (Appointment and Qualification of Directors) Amendment Rules, 2025 vide G.S.R. 943(E) dated 31st December, 2025.
The amended rules shall come into force on 31st March, 2026.
🔗 For detailed information, please refer to the official notification issued by MCA:
https://t.co/A2x63iksaB
A disturbing trend which has been rising over the past years in both GST and Income Tax and which is reflective over the events this year as well is that government functionaries take their on sweet time to provide the utilities and access to the portal but give a limited time to the taxpayers for filing of forms.
Taxpayer given the limited time, file the returns correctly to the best extent possible and thereafter, same taxpayers are served with SCN for incorrect filing after 5 years and everybody till then forgets that the time limit given to them was limited.
Reminders are sent by department as if taxpayers have not done their work. No issues with that but then an option to send reminder shall also be given to the taxpayers to send to Government about delayed utility and then also a power to levy penalty thereof for any delays.
The dates are being fixed ignoring the reality check i.e. when Table 8A is being provided on December 1, 2025 why only one month as majority of notices are based on Table 8A and argument that taxpayer himself files GSTR-9 is as true as humans on Jupiter.
Why the Amendment in GSTR-9 for 2024-25 were thought in 2025-26 and why not well before the end of 2024-25 and utility for the same released in April 2025.
The need of the hour is lets be realistic, first the government needs to complete their task within time by providing utilities timely and setting reasonable timelines thereafter and taxpayer too then need to follow the timelines.
One cannot clap with one hand and needs both hand to clap.
Pm @narendramodi Sir, there is huge corruption in registering for GST. Pl revert back to automatic approval as earlier. This was changed by officials and now captured by corrupt officials. @nsitharaman@FinMinIndia@PMOIndia Pl simplify all approvals, corruption is destroying our future. @PiyushGoyal