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Newsletter

Stay informed and up-to-date with the latest news and insights related to compliance

ricago Newsletter October Edition - 2025

Judicial Insight

KERALA HC UPHOLDS WORKERS’ RIGHT TO HIGHER PENSION, RULES BULK PAYMENTS NOT A BARRIER

Kerala HC Upholds Workers’ Right to Higher Pension, Rules Bulk Payments Not a Barrier.

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Tax Laws

CBIC EXTENSION OF DUE DATE FOR FILING GSTR-3B FOR SEPTEMBER 2025 AND Q2 (JULY–SEPTEMBER 2025)

On October 18, 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 17/2025 – Central Tax, extending the due date for filing Form GSTR-3B for the tax period of September 2025 and the quarter July–September 2025. This relief has been granted in exercise of powers under Section 39(6) read with Section 168 of the Central Goods and Services Tax (CGST) Act, 2017, based on the recommendations of the GST Council.

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Industry Specific Laws

CDSCO CIRCULAR REGARDING THE RECENT REVISED GST RATE STRUCTURE

On 29th September 2025, the IFSC Authority issued the International Financial Services Centres Authority (Payment and Settlement Systems) (Amendment) Regulations, 2025, amending the earlier 2024 Regulations.

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Labour Laws

MOLE NOTIFICATION ON EMPLOYEES’ PROVIDENT FUNDS (AMENDMENT) SCHEME, 2025

On October 10, 2025, the Ministry of Labor and Employment notified the Employees’ Provident Funds (Amendment) Scheme, 2025, introducing the Employees’ Enrolment Campaign, 2025. This initiative aims to expand provident fund coverage by encouraging employers to enroll all eligible employees who were previously left out of the Employees’ Provident Fund (EPF) Scheme.

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Tax Laws

IT DEPARTMENT RETURN FORM OF ITR-6 IS ENABLED TO FILE THROUGH ONLINE MODE WITH PREFILLED DATA AT THE PORTAL

On September 24, 2025, the Income Tax Department announced that Income Tax Return (ITR) Form ITR-6 for the Assessment Year (AY) 2025-26 is now available for online filing through the e-Filing portal. This enhancement allows taxpayers to file their returns with prefilled data, streamlining the filing process and reducing manual data entry errors.

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Corporate Laws

RBI MASTER DIRECTION: RESERVE BANK OF INDIA (NON-RESIDENT INVESTMENT IN DEBT INSTRUMENTS) DIRECTIONS, 2025

The Reserve Bank of India (RBI) has released a new Master Direction for 2025 governing Non-Resident Investment in Debt Instruments. This updated direction consolidates and revises the rules, guidelines, and procedures under which non-resident investors may invest in various debt instruments in India. The aim is to streamline the regulatory framework, enhance clarity, and facilitate greater foreign investment in debt markets under well-defined conditions.

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Corporate Laws

MCA INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY (ACCOUNTING, AUDIT, TRANSFER AND REFUND) AMENDMENT RULES, 2025

On October 1, 2025, the Ministry of Corporate Affairs (MCA) issuedNotification No. G.S.R. 733(E), amending the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. These amendments, effective from October 6, 2025, introduce significant changes aimed at enhancing the efficiency and transparency of the Investor Education and Protection Fund (IEPF) processes.

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Judicial Insight

COX & KINGS VS. SAP INDIA: A LANDMARK RULING ON COMPOSITE ARBITRATION CLAUSES

The Supreme Court’s decision in Cox & Kings Ltd. v. SAP India Pvt. Ltd. is a landmark ruling in the field of corporate and arbitration law, clarifying the legal validity and scope of the Group of Companies Doctrine in India. This doctrine allows an arbitration agreement signed by one group company to, in certain circumstances, bind other related companies within the same group — even if they are not signatories to the agreement.

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