Refund of statutory fees: new refund e Form enables reimbursement for multiple, incorrect or excess payments; certain services excluded.
Refund of statutory fees is processed via a new refund e-Form stakeholders must file to claim reimbursement for multiple payments, incorrect payments, or excess payments on the MCA21 platform; certain services and e-Forms such as public inspection, certified copies, transfer deed payments, stamp duty (D series SRN), IEPF, STP forms and DIN e-Form transactions are excluded from the refund process.

XBRL reporting requirement introduced under MCA system, enabling electronic filing and verification of company financial statements.
The Ministry of Corporate Affairs enhanced the MCA 21 electronic filing system by integrating it with the Trade Mark Authority for company name cross verification and by introducing XBRL as the reporting format for filing Balance Sheets and Profit & Loss accounts of select companies, coupled with monitoring of compliance and regulator training to examine XBRL filings.

Competition advocacy drives regulatory engagement and policy reform, promoting market studies, stakeholder education and impact assessment.
Competition advocacy is a central regulatory function requiring continuous engagement with government and market stakeholders using policy advice, education, market studies, and competition impact assessment; advocacy and enforcement are complementary and mutually reinforcing in advancing competition law and policy.

Professional institute name change enables uniform designations for members, allowing use of ACMA and FCMA for global recognition.
The institute's statutory identity has been amended to the Institute of Cost Accountants of India and the legislation now authorises members to use the designation ACMA and FCMA as Associate and Fellow membership titles, creating uniform professional titles for members in India and abroad to address prior differential treatment.

ICSI leadership election: new President and Vice President appointed, both are practising company secretaries.
Mr. Nesar Ahmad has been elected President and Mr. S. N. Ananthasubramanian has been elected Vice President of the Institute of Company Secretaries of India; both are practising company secretaries, the President is a Fellow member and was previously Vice President, and the Institute functions as a statutory professional body under the Company Secretaries Act.

Corporate Social Responsibility shifts to Responsible Business under voluntary guidelines alongside proposed mandated spending and disclosure.
The Ministry issued the National Voluntary Guidelines reframing CSR as Responsible Business, providing principles, self assessment indicators and a reporting framework to mainstream social, environmental and economic responsibilities; the approach remains voluntary. The Companies Bill 2011 proposes that companies earmark a portion of average profits for CSR and make disclosures to shareholders, while the Ministry emphasizes an enabling regulatory framework that promotes corporate governance, stakeholder accountability and societal contribution.

Corporate tribunals reform consolidates company-law jurisdiction into NCLT and NCLAT replacing legacy adjudicatory forums.
Proposal to establish National Company Law Tribunal and National Company Law Appellate Tribunal to consolidate company-law dispute resolution by replacing the Company Law Board, the Board for Industrial and Financial Reconstruction and the Appellate Authority for Industrial and Financial Reconstruction; the scheme has roots in the Companies (Second Amendment) Act and the revised Companies Bill incorporates judicial guidance from subsequent litigation.

XBRL implementation roadmap: stakeholders invited to submit comments on taxonomies and assurance framework for phased regulatory filing design
A ministerial committee will develop a roadmap for phased XBRL implementation, identifying classes of companies and reports to be filed in XBRL; developing and standardizing taxonomies for regulatory filings; addressing taxonomy extensions and an XBRL assurance framework; providing training and capacity building; and creating a framework for consumption and dissemination of XBRL data. Stakeholders are invited to submit suggestions to the designated contact point.

Competitive neutrality: policy to ensure a level playing field and promote market efficiency and consumer protection.
The National Competition Policy aims to create a framework to secure competitive market outcomes, promote efficiency, protect consumers and inclusive growth by reviewing laws to remove anti competitive outcomes, ensuring institutional separation of policy, operations and regulation, enforcing competitive neutrality, prescribing fair market regulation, enabling third party access to essential facilities on reasonable non discriminatory terms, promoting cooperation in enforcement and establishing a National Competition Policy Council for oversight.