August didn’t just bring rain, it brought a flood of regulatory updates. If you blinked, chances are you missed at least one amendment, circular, or consultation. Let’s walk through the highlights together (and yes, you might want Vidur open while you read this — it saves a lot of scrolling through PDFs).
MCA The Ministry of Corporate Affairs rolled out the Companies (Indian Accounting Standards) Second Amendment Rules, 2025. In plain English? India is aligning more closely with international accounting standards from the IFRS Foundation. For those advising on cross-border audits, this is one of those “save the update in your notes” kind of changes.
SEBI: A Marathon of Updates
If August were a cricket match, SEBI would’ve been batting non-stop. Here’s the scorecard:
- Amendments came in for FPIs, Research Analysts, and Investment Advisers.
- Fresh informal guidance dropped under insider trading and merchant banking regulations.
- Green debt norms tightened with independent reviewer requirements.
- And whispers of tweaking related-party transaction relaxations.
Then came the circulars, margin trading timelines for brokers, cybersecurity clarifications, InvIT conversion rules, mutual fund distributor charges, disability rights compliance, and even guidance on how advisers can use liquid funds for deposits.
Not done yet. SEBI also released 11 consultation papers, touching everything from IPO anchor allocations to redefining “strategic investors” for REITs/InvITs.
👉 This is where Vidur earns its keep. Instead of juggling PDFs and press releases, you can type “SEBI consultation paper August 2025 key changes” and get a concise, linked summary. Think of it as your SEBI filter.
Insolvency & Bankruptcy
The IBC Amendment Bill, 2025 landed this month, joined by discussion papers on:
- Whether to delete Clause 6 from the Insolvency Professionals’ Code of Conduct,
- Limits on assignments per IP,
- And measures to tighten CIRP integrity.
For insolvency professionals, these aren’t just policy tweaks, they directly affect case handling capacity.
Direct Taxes: A Historic Rewrite
The headline here was the Income-Tax Bill, 2025. The Act itself has been completely rewritten, something that will define tax practice for years.
Supporting rules also changed:
- Form 7 was updated,
- Section 17 thresholds revised,
- Form 10CCF was substituted,
- ETF rules under 21AIA clarified.
For tax professionals, August was one of those “bookmark everything” months. (Or let Vidur track it. Vidur has already uploaded the revised forms with section references.
Indirect Taxes
CBIC had a busy run too:
- Import duties clarified for gifts and courier shipments.
- System changes in GST refunds (order-based enhancements).
- GSTR-3B deadline extended for a few districts of Maharashtra State.
- Export rules tightened for items falling under SCOMET.
Nothing dramatic individually, but together these shape the day-to-day compliance grind.
IFSC, Audit & Markets
Over at GIFT City, the IFSCA was equally active:
- Revamped regulatory framework for global access,
- Amendments to fund management rules,
- Transition circulars on Techfin & Ancillary Services.
Press releases included reports on commodity trading, alternate risk transfer, and global positioning of IFSC.
And if you advise capital market intermediaries, rating agencies, or investment bankers, take note of the master circulars that consolidate requirements across the board.
RBI & Finance
The Reserve Bank lined up its own series of changes:
- Co-lending Directions, 2025
- Non-Fund Based Credit Facilities Directions, 2025
- KYC (Second Amendment) Directions, 2025
Draft guidelines were also released on FEMA guarantees and claims settlement for deceased customers. Plus, technical changes on counterparty credit risk exposure calculations.
This is one of those areas where professionals often miss fine print buried in RBI circulars. Vidur’s RBI module makes this a 30-second task instead of a late-night rabbit hole.
Other Laws That Made Noise
Finally, three niche-but-important updates:
- Online Gaming Act, 2025 (for the tech and gaming sector),
- Vegetable Oil Products Order amendments,
- Legal Metrology (4th & 5th) Amendment Rules, 2025.
Even if these don’t hit your desk today, they’re worth keeping in your radar — clients from FMCG to tech could call you on them tomorrow.
The Takeaway
August reminded us of the core challenge in corporate, tax, and regulatory practice: the law moves faster than your calendar allows.
You can either track every MCA, SEBI, RBI, CBIC, and IBBI update manually (hello, dozens of browser tabs) or you can let an AI Agent like Vidur serve you verified, citation-linked updates in seconds.
👉 Try it once: ask Vidur, “Summarise SEBI’s August 2025 consultation papers”. You’ll see what I mean.
Here’s to fewer missed updates and more billable hours spent on what really matters, advising, not digging.
