September wasn’t just about festive lights — it lit up the regulatory space too. From SEBI’s marathon of circulars to MCA’s push for modernisation and the CBDT’s compliance extensions, the month had something for every professional’s inbox.
Let’s unpack what mattered most (and yes, keep Vidur open — it’ll make sense of every amendment faster than your PDF reader can load).
Corporate Law – MCA
The Ministry of Corporate Affairs kept its focus on modernisation and inclusivity this month:
- 🏛 Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 — bringing procedural clarity to merger schemes and arrangement filings.
- 💻 Clarification on AGMs and EGMs through VC/OAVM — continued flexibility for companies to hold meetings virtually and pass resolutions online.
- ⚖️ Public Consultation — MCA invited comments on the Indian Multidisciplinary Partnership (MDP) framework, a potential game-changer for professional collaboration across law, audit, and consulting.
👉 Pro tip: Ask Vidur, “Summarise MCA September 2025 updates” — and get citations linked to each circular, ready for your client note.
SEBI – Markets in Motion
If August was busy, September was a full house. The 211th SEBI Board Meeting brought a flurry of regulatory actions:
- Amendments across Listing, ICDR, Custodian, AIF, REIT, InvIT, Delisting, and Employee Benefit regulations — all pushing for transparency and investor protection.
- Consultation papers covered broker system glitches, AIF valuation reporting, and closing auction sessions in equities.
- Circulars addressed Social Stock Exchange, FPIs in Government Securities, AIF co-investment framework, and KRA registration surrender process.
It’s the kind of month where every portfolio manager and compliance officer had homework.
👉 Vidur Shortcut: Try “SEBI September 2025 Board Meeting highlights” — you’ll get a crisp, cited summary in seconds.
Direct Taxes – Extensions & Reliefs
The CBDT gave tax professionals some breathing space with extensions and compliance clarifications:
- 🧾 Income-tax (25th Amendment) Rules, 2025 — extended investment deadlines under Section 10(23FE) for sovereign and pension funds.
- 📅 Specified date for audit reports (AY 2025–26) extended.
- ♿ Digital Accessibility Guidelines — mandated compliance under the Rights of Persons with Disabilities Act, 2016.
- 💰 Interest waiver under Section 220(2) — relief for delayed demand payments in hardship cases.
👉 Instead of reading 10 circulars, just ask Vidur: “What’s new under Section 10(23FE) September 2025?”
Indirect Taxes – GST & Customs in the Spotlight
September opened with the 56th GST Council Meeting, followed by a series of compliance tweaks:
- 🧮 CGST (Third Amendment) Rules, 2025 and Customs (Finalisation of Provisional Assessment) Regulations, 2025 issued.
- 🚢 Trade facilitation boosted through CBIC’s consultation mechanisms.
- 💸 Clarifications on post-sale discounts and tariff notifications under Section 14 issued.
- 📢 GSTN advisory urged filing pending returns before the 3-year limitation period expires.
Nothing seismic, but together these shape every tax team’s compliance calendar this quarter.
Accounts, Audit & IFSC – Precision & Progress
Beyond domestic shores, the updates kept flowing:
- 📘 ICAI’s 66th Annual Report (2024–25) highlighted professional milestones and global initiatives.
- 🏦 IFSCA extended compliance deadlines for principal officer and net worth norms.
- 💍 Circulars refined rules for Bullion Exchange membership, Third-Party Fund Management fee structures, and listing convertible debt securities in the IFSC.
For firms dealing in offshore fund management and bullion trading, these updates are non-negotiable reading.
The Takeaway
September reminded us that while festivals may pause offices, regulators rarely pause reforms.
Whether you’re decoding SEBI’s consultation papers, revising audit deadlines, or explaining GST tweaks to clients — VIDUR AI can help you stay ahead.
👉 Try this: “List all SEBI and MCA updates from September 2025 with links.”
You’ll see why thousands of professionals call it their fastest research assistant.
Here’s to smarter compliance, fewer browser tabs, and more time for real advisory.
