56th GST Council Decisions to Benefit both Coal Producers and Consumers
The 56th GST Council decisions are set to "benefit both coal producers and consumers." This is a significant setback for the company and highlights the challenging business…
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The 56th GST Council decisions are set to "benefit both coal producers and consumers." This is a significant setback for the company and highlights the challenging business…
Satya Srinivas has been appointed as "India's Executive Director at ADB." The move is a significant step towards a more user-friendly and less intrusive business environment, is…
The Avadi PSU has "bagged a ₹2,565 crore defence deal." This is a significant move for the company, as it aims to strengthen its position in the commercial vehicle segment. The…
The CESTAT has ruled that the "Customs Department cannot deny an import duty exemption made under valid DFRC/DFIA licenses but later cancelled by the DGFT." This is a significant…
The NFRA has "released a provisional list of audit firms of listed companies that failed to file NFRA-2 forms during 2023-24." This is a significant setback for the company and…
The Avadi PSU has "bagged a ₹2,565 crore defence deal." This is a significant move for the company, as it aims to strengthen its position in the commercial vehicle segment. The…
The CESTAT has ruled that a "service tax demand raised solely on income declared in an income tax survey is not sustainable." This is a significant ruling that provides clarity on…
Myntra's FY25 profit has "surged 18x to ₹548 crore." This is a significant setback for the company and highlights the challenging business environment it faces. The move is a…
Myntra's FY25 profit has "surged 18x to ₹548 crore." This is a significant setback for the company and highlights the challenging business environment it faces. The move is a…
Marico is set to "take 100% control of True Elements with an additional 46% stake buy." This is a significant move for the company, as it aims to strengthen its position in the…
Kavin Mittal's Hike has "shut down operations completely." This is a significant setback for the company and highlights the challenging business environment it faces. The move is…
The CESTAT has "set aside a penalty under Section 114AA," ruling that an "exporter's declaration in shipping bills is not false merely due to DRI's alternate classification view."…
The Bombay High Court's ruling in the "Hikal Ltd case" addresses the "omission of GST rules without a saving clause." This is a significant ruling that provides clarity on the…
The ITAT has ruled that a "subsequent conversion by a purchaser does not change the character of agricultural land sold by an assessee," and that "no capital gain tax is…
The CESTAT has ruled that "higher turnover in books of accounts can be considered for service tax liability, but only if the figures reflect the value of taxable services." This…
The Manipur High Court has "dismissed the revenue's appeal" in a "GM gold bar smuggling case," as the "value falls below the threshold limit." This is a significant setback for…
The Madhya Pradesh High Court has ordered the "live streaming of criminal cases." The court's decision, which is a significant victory for the government, was made on the grounds…
The NCLAT has ruled that the "rejection of a legal consultant's claims by an RP" cannot be "set aside" due to the "absence of invoices for services rendered." This is a…
The NCLAT, New Delhi, has ruled that the "absence of a charge defeats the Income Tax Department's secured creditor status." This is a significant ruling that provides clarity on…
The ITAT has "set aside an order for verification," as the "CITA held a property sale to a partner's son genuine but disallowed an indexed interest claim." This is a significant…
The DRAT has "dismissed an appeal against Federal Bank" due to the "failure in pre-depositing the total amount." This is a significant setback for the company and highlights the…
The MCA has "widened the scope of fast-track mergers under the Companies Act, 2013." This is a significant move for the company, as it aims to strengthen its position in the…
Food industry titans have "promised lower prices for consumers" following GST rate cuts. This is a significant setback for the company and highlights the challenging business…
The ES Tec buy is "set to expand Tata Tech's presence" and "diversify its customer base." This is a significant move for the company, as it aims to strengthen its position in the…
The NCLT has "admitted a CIRP application of Canara Bank," citing "default payment of a debt amount beyond ₹1 crore." This is a significant ruling that provides clarity on the…
The ITAT has "quashed an income tax revision" and "accepted as genuine" a "share capital from alleged shell companies." This is a significant ruling that provides clarity on the…
The CESTAT has ruled that the "Customs Department cannot deny an import duty exemption made under valid DFRC/DFIA licenses but later cancelled by the DGFT." This is a significant…
The ED has conducted "multi-state raids" in a "₹650 crore fake ITC scam." This is a significant setback for the company and highlights the challenging business environment it…
The 56th GST Council decisions are set to "benefit both coal producers and consumers." This is a significant setback for the company and highlights the challenging business…
The CBIC has "issued a directive for monitoring commodity prices" post-GST rationalization. This is a significant setback for the company and highlights the challenging business…
The NPPA has directed "drug makers to pass on benefits through revised MRPs from September 22" following recent GST reforms. This is a significant move for the company, as it…
The Centre has directed businesses to "display GST rate cut benefits on consumer goods from September 22." This directive aims to ensure that the benefits of recent tax cuts are…
The CESTAT has "set aside a penalty under Section 114AA," ruling that an "exporter's declaration in shipping bills is not false merely due to DRI's alternate classification view."…
The ITAT has ruled that "eligibility for Section 80P deduction depends on the primary business of a cooperative society, not incidental dealings with non-members." This is a…
The DRAT has "dismissed an appeal against Federal Bank" due to the "failure in pre-depositing the total amount." This is a significant setback for the company and highlights the…
Kavin Mittal's Hike has "shut down operations completely." This is a significant setback for the company and highlights the challenging business environment it faces. The move is…
The jewellery industry in India is finding a cushion in the festive season and recent GST relief, offsetting the negative impact of US tariffs. The industry, which was facing…
Ripplr has "raised ₹200 crore from Sojitz Corporation and others." This is a significant move for the company, as it aims to strengthen its position in the commercial vehicle…
Marico is set to "take 100% control of True Elements with an additional 46% stake buy." This is a significant move for the company, as it aims to strengthen its position in the…
SEBI has "eased IPO minimum public shareholding norms for large companies." This is a significant move for the company, as it aims to strengthen its position in the commercial…
The World Bank's IFC is set to "infuse $37 million in GreenCell Mobility." This is a significant move for the company, as it aims to strengthen its position in the commercial…
Flipkart's B2C arm has "crossed the ₹20,000 crore revenue mark in FY25." This is a significant setback for the company and highlights the challenging business environment it…
Satya Srinivas has been appointed as "India's Executive Director at ADB." The move is a significant step towards a more user-friendly and less intrusive business environment, is…
Lighthouse-backed Duroflex has "converted into a public company." This is a significant move for the company, as it aims to strengthen its position in the commercial vehicle…
The Delhi High Court has "refused an interim injunction in Wow! Momo vs. Wow! Burger," stating that "Wow! cannot be monopolised." This is a significant ruling that provides…
The Supreme Court has ruled that "real estate insolvency resolution should be project-specific as a rule." This is a significant ruling that reinforces the principle of procedural…
The Supreme Court has issued a "slew of directions to protect homebuyers and strengthen NCLT/NCLAT and RERA." This landmark judgment reinforces the government's responsibility to…
The DRAT has "set aside a sale not held under the provisions of the SARFAESI Act" and has "directed LIC Housing Finance to refund the sale consideration." This is a significant…
The ITAT has ruled that "eligibility for Section 80P deduction depends on the primary business of a cooperative society, not incidental dealings with non-members." This is a…
The Central Board of Indirect Taxes and Customs CBIC has initiated a new measure to collect monthly price reports on 54 essential goods. This follows recent GST rate cuts and aims…
The 56th GST Council decisions are set to "benefit both coal producers and consumers." This is a significant setback for the company and highlights the challenging business…
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