FESTIVE FERVOUR
The National Sports Governance Act 2025
Fanfiction: Quirky PDA
Sexual harassment : Nothing ‘POSH’ about it
Online Gaming Act 2025
Moratorium on possession of property
Cybersecurity: self-encryption
Integrating variable rewards in online/ mobile gaming has two sides to it – monetization and addiction. The online gaming Act seeks to address this issue.
Fans making / reproducing their favourite is transformative display of love to their favourite work
More than a decade after its enactment, the POSH Act is not being taken seriously by the corporate world.
Being a sports loving nation, India finally got its own one stop law governing all sports and its governing bodies.
The latest set of circulars and notifications brought out by the MCA, FEMA, SEBI & RBI.
Circulars
Nil
Notifications
Nil
01st September 2025
Circular No.: SEBI/HO/MRD/TPD-1/P/CIR/2025/122 Framework for Intraday Position Limits Monitoring for Equity Index Derivative
05th September 2025
Circular No.: SEBI/HO/MIRSD/PODFATF/P/CIR/2025/62 Streamlining of the process for surrender of (Know Your Client) Registration Agency (KRA) registration.
09th September 2025
Circular No.: SEBI/HO/IMD/IMD-RAC-3/P/CIR/2025/125 Format of ‘Disclosure Document’ for Portfolio Managers.
10th September 2025
Circular No.: SEBI/HO/AFD/AFD-PoD-3/P/CIR/2025/127 Ease of regulatory compliances for FPIs investing only in Government Securities
10th September 2025
Circular No.: SEBI/HO/AFD/AFD-POD-1/P/CIR/2025/128 Revised regulatory framework for Angel Funds under AIF Regulations
19th September 2025
Circular No.: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/129 Framework on Social Stock Exchange (“SSE”)
19th September 2025
Circular No.: SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/130 Ease of doing investment – Smooth transmission of securities from Nominee to Legal Heir
Notification
03rd September 2025
Notification No.: 598/2025 [F.No. SEBI/LAD-ARO/IA/2025/255]
09th September 2025
Notification No.: 621/2025 [F. No. SEBI/LAD-NRO/GN/2025/266]
Master Circulars
Nil
Circulars
05th September 2025
RBI/2025-26/77 CO.DPSS.ODD.No.S604/06-08-024/2025-2026 Returns – Department of Payment and Settlement Systems – Submission in CIMS
22nd September 2025
RBI/2025-26/78 A. P. (DIR Series) Circular No. 10 Participation of Standalone
Primary Dealers in Non-deliverable Rupee Derivative Markets
25th September 2025
RBI/2025-26/79 CO.DPSS.POLC.No. S 668/02-14-015/2025-2026 Reserve Bank of India (Authentication mechanisms for digital payment transactions) Directions, 2025
26th September 2025
RBI/2025-2026/81 CO.DPSS.RLPD.No.S680/04-07-001/2025-2026 Special Clearing in Cheque Truncation System on October 3, 2025
26th September 2025
RBI/2025-26/82 DoR.MCS.REC.50/01.01.003/2025-26 Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025
29th September 2025
RBI/2025-26/83 DOR.CRE.REC.51/13.03.00/2025-26 Reserve Bank of India (Interest Rate on Advances) (Amendment Directions), 2025
29th September 2025
RBI/2025-26/84 DOR.CRE.REC.52/21.01.023/2025-26 Reserve Bank of India (Lending Against Gold and Silver Collateral) – (1st Amendment) Directions, 2025
Notifications
05th August 2025
RBI/2025-26/77- Returns – Department of Payment and Settlement Systems – Submission in CIM
15th September 2025
RBI/DPSS/2025-26/141- Master Direction on Regulation of Payment Aggregator (PA)
22nd September 2025
RBI/2025-26/78 – Participation of Standalone Primary Dealers in Non-deliverable Rupee Derivative Markets
25th September 2025
RBI/2025-26/79- Reserve Bank of India (Authentication mechanisms for digital payment transactions) Directions, 2025
26th September 2025
RBI/2025-26/80- Investment by State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) in Shared Service Entity (SSE) established by NABARD
26th September 2025
RBI/2025-26/81- Special Clearing in Cheque Truncation System on October 3, 2025
26th September 2025
RBI/2025-26/82 – Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025
29th September 2025
RBI/2025-26/83 – Reserve Bank of India (Interest Rate on Advances) (Amendment Directions), 2025
29th September 2025
RBI/2025-26/84 – Reserve Bank of India (Lending Against Gold and Silver Collateral) – (1st Amendment) Directions, 2025
Master Circular
Nil
Circulars
29th September 2025
General circular No. 04/2025- Extension of time for filing e-form DIR-3-KYC and web-form DIR 3-KYC-WEB without fee up to 15.10.2025 -reg.
Notifications
04th September 2025
General circular No. 04/2025- Extension of time for filing e-form DIR-3-KYC and web-form DIR 3-KYC-WEB without fee up to 15.10.2025 -reg.
Circulars
02nd September 2025
Circular No. 11/2025 ( F.No.370142/2/2022-TPL)
15th September 2025
Circular No. 12/2025 (F.No.225/131/2025-ITA-II)
19th September 2025
Circular No. 13/2025 [F.No.275/09/2025-IT(Budget)]
25th September 2025
Circular No. 14/2025 (F.No.225/131/2025-ITA-II)
Notifications
01st September 2025
Notification No.141/2025 [F. No. 370142/30/2025-TPL)] / G.S.R. 598(E)
02nd September 2025
Notification No. 142/2025 [F. No. 300195/16/2024-ITA-I)] / S.O. 4008(E)
02nd September 2025
Notification No. 143/2025 [F. No. 300196/12/2025-ITA- I)] / S.O. 4009(E)
02nd September 2025
Notification No. 144/2025 [F. No. 300196/15/2019-ITA-I] / SO 4010(E)
02nd September 2025
Notification No. 145/2025 [F. No. 196/90/2024-ITA-I] / S.O. 4011(E)
15th September 2025
Notification No. 146/2025 [F. No. 370195/40/2024-TPL] / S.O. 4166(E)
15th September 2025
Notification No. 147/2025 [F. No. 300195/9/2025-TPL] / S.O. 4167(E)
22nd September 2025
Notification No. 148/2025 [F. No. 300196/41/2024-ITA-I] / S.O. 4251(E)
22nd September 2025
Notification No. 149/2025 [F. No. 300196/37/2025-TPL] / S.O. 4252(E)
Circulars
12th September 2025
Clarification on various doubts related to treatment of secondary or post-sale discounts under GST
23rd September 2025
Communication to taxpayers through eOffice – requirement of Document Identification Number (DIN)
Notifications
17th September 2025
Seeks to notify the Central Goods and Services Tax (Third Amendment) Rules 2025.
17th September 2025
Seeks to notify category of persons under section 54(6).
17th September 2025
Seeks to exempt taxpayers with annual turnover less than Rs 2 Crore from filing annual return.
17th September 2025
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.
12th September 2025
Implementation of Customs (Provisional Assessment) Regulations, 2025
23rd September 2025
Communication to taxpayers through eOffice – requirement of document Identification Number (DIN)
Notifications
17th September 2025
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019
17th September 2025
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025
17th September 2025
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017
25th September 2025
Seeks to further amend Notification No. 50/2017-Cus., dated 30.06.2017 to make changes to entries pertaining to Project Imports
30th September 2025
Seeks to give effect to the first tranche of tariff concessions under India-EFTA (Switzerland)
30th September 2025
Seeks to give effect to the first tranche of tariff concessions under India-EFTA (Norway)
30th September 2025
Seeks to give effect to the first tranche of tariff concessions under India-EFTA (Iceland)
12th September 2025
Implementation of Customs (Provisional Assessment) Regulations, 2025
23rd September 2025
Communication to taxpayers through eOffice – requirement of document Identification Number (DIN)
Notifications
08th September 2025
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
10th September 2025
Notification of ICD Dalpatpur, Moradabad, Uttar Pradesh u/s. 7(1)(aa) of Customs Act, 1962 and it was issued under Section 7(1)(aa) of Customs Act, 1962
12th September 2025
Customs (Finalisation of Provisional Assessment) Regulations, 2025
15th September 2025
Fixation of Tariff Value of Edible Oils,Brass Scrap, Areca Nut, Gold and Silver
26th September 2025
Appointment of a Common adjudicating authority for finalization of provisionally assessed Bills of Entry of M/s. Massimo Dutti India Pvt. ltd.
29th September 2025
Customs Tariff (Determination of Origin of Goods under the Trade and Economic Partnership Agreement between India and the EFTA States) Rules, 2025.
30th September 2025
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
30th September 2025
The Sea Cargo Manifest and Transshipment (Fourth Amendment) Regulations, 2025
12th September 2025
Implementation of Customs (Provisional Assessment) Regulations, 2025
23rd September 2025
Communication to taxpayers through eOffice – requirement of document Identification Number (DIN)
Notifications
Nil
Circulars
Nil
Notifications
Nil
The Apex court pronounced an important judgment on applicability of moratorium over possession of property of an insolvent corporate debtor.
17 Central Acts across sectors including but not limited to transport, industry, energy, and municipal governance have been amended to promote ease of doing business and compliance.
Cybersecurity begins from within, despite the growing need for taut laws the world
over
Don’t ‘pork’ fun at Napolean in France. You will be in jail!
Law: In France, it’s illegal to name your pig “Napoleon”. This quirky law comes from a decree passed after Napoleon Bonaparte’s reign, as a way of protecting the memory of the famous French leader. Naming a pig after Napoleon was considered an insult to his legacy. In France, naming your pig “Napoleon” is a squeal of rebellion!
Our biggest battles are internal – asking oneself if we are successful compared to others. It is important to recognize that the battle is not with the success of others, but with self-perception and attributes that restrict or prevent us from attaining our goals – self-doubt, procrastination, lack of motivation, indiscipline, low self-confidence, critical self -judgment.
The first step towards success is dealing with and overcoming self-doubt, self-criticism. Most importantly doing what gives one pleasure. As philosopher Albert Schweitzer stated “success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful”.
Constant acquisition and upgradation of one’s domain knowledge and craft, developing resilience and patience is key to being the path of success. Most importantly, it is essential to compete with one-self and not others. Though success is gauged by materialistic possessions, ideally it should be measured based on the betterment of the person, the quality of work executed, the value systems preserved in the process. It is about setting one’s own benchmark, achieving it and then moving to the next one. Look you self in the mirror, tell yourself that you are no less than others and carve your own path to success.