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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The government notified the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2025, made under specified provisions of the Companies Act, 2013, effective 6 October 2025. The amendment substitutes the existing Form IEPF-5 in the 2016 rules with a new form and updates the rules accordingly. The notification records that it follows and further amends the principal 2016 rules, which have been previously amended on multiple earlier dates.
The government notified the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2025, made under specified provisions of the Companies Act, 2013, effective 6 October 2025. The amendment substitutes the existing Form IEPF-5 in the 2016 rules with a new form and updates the rules accordingly. The notification records that it follows and further amends the principal 2016 rules, which have been previously amended on multiple earlier dates.
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