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The RBI's Reserve Bank of India outlook to a Parliament panel, delivered by Malhotra, states the economy is strong, and ₹2,000 notes are still legal but "out of circulation." This…
Traders are watching expiry day moves after SEBI's ban on Jane Street Group. This indicates market sensitivity to regulatory actions impacting large trading firms. SEBI's ban on…
Tracxn shares surged 10% after a "share buyback announcement." This significant jump in share price indicates a positive market reaction to the company's decision to buy back its…
The Finance Ministry has denied reports about "directions to banks closing inactive Jan Dhan accounts." This clarification addresses public concerns about the accessibility of…
The ITAT has ruled in favor of a rural co-operative society, upholding deduction under Section 80P for "nominal members" and overturning the CIT A order. Section 80P provides…
The ITAT has remanded a case for fresh hearing due to the assessee's failure to submit evidence. This decision highlights the importance of taxpayers providing adequate…
In a win for Ford India, the Supreme Court has allowed "transitional credit" even if not reflected in the electronic credit ledger on the refund date. Transitional credit allows…
The Ministry of Finance has notified IREDA Indian Renewable Energy Development Agency bonds as long-term specified assets under Section 54EC of the Income Tax Act. This…
Microsoft is anticipating "AI cost savings and layoffs" in 2025. This indicates a strategic shift within the tech giant, leveraging artificial intelligence to enhance efficiency.…
Pocket FM is seeking ₹857 crore in damages from Kuku FM, with the rival calling the charges "motivated." This massive financial claim highlights a significant intellectual…
The Enforcement Directorate ED has raided the opinion trading platform Probo and seized assets worth ₹28.4 crore. This action indicates a serious investigation into the platform's…
The Bombay High Court has ruled that a Section 79 GST recovery notice issued to a bank "without prior notice to the assessee is void." Section 79 allows tax authorities to recover…
The DGFT Directorate General of Foreign Trade has notified new SIONs Standard Input-Output Norms for chemical and allied products under FTP 2023 Foreign Trade Policy 2023 . SIONs…
The Gujarat High Court has ruled that interest from cooperative banks is deductible under Section 80P 2 d , as they fall under the definition of "cooperative society." Section 80P…
UPI Unified Payments Interface is going global, with Namibia becoming the first foreign country to sign a licensing agreement. This landmark development signifies a major…
A GST payer alleged overlap of jurisdiction by central and state authorities, but the Madras High Court found "no case made out" and granted "partial relief." This case highlights…
The Delhi High Court has restrained Kuku FM from streaming 5 shows after Pocket FM alleged "IP violation." This significant ruling protects intellectual property rights in the…
The Kerala High Court has ruled on minimum wages for "housekeeping staff in private hospitals." This significant decision clarifies the wage standards for a crucial, often…
The Bombay High Court has ruled that an insurance claim received on dead horses is a "capital receipt" and not taxable as income under Section 41 1 of the Income Tax Act. Section…
The RBI's Reserve Bank of India outlook to a Parliament panel, delivered by Malhotra, states the economy is strong, and ₹2,000 notes are still legal but "out of circulation." This…
Premium of life insurers rose 4.3% YoY in Q1 FY26. This modest year-on-year growth in the first quarter of fiscal year 2026 indicates a steady but somewhat muted performance for…
Traders are watching expiry day moves after SEBI's ban on Jane Street Group. This indicates market sensitivity to regulatory actions impacting large trading firms. SEBI's ban on…
An Entrackr report highlights that while Edtech is struggling, "loan enablers" are not. This reveals a dichotomy in the current educational technology landscape. While direct…
A report highlights that MSMEs Micro, Small, and Medium Enterprises face "regulatory overload," with ₹13 lakh yearly compliance costs, over 1,000 regulations, and high jail risk.…
The Calcutta High Court has ruled that if a partnership deed provides for the heir of a deceased partner to inherit their share and the partnership continues, the legal heir can…
The ITAT has rejected a Section 12A registration due to "non-compliance with fresh registration requirement following J&K reorganization." Section 12A grants tax exemption to…
Bajaj Consumer Care has received a GST demand notice for "credit mismatch." This indicates a discrepancy identified by the tax authorities between the Input Tax Credit ITC claimed…
The RBI's Reserve Bank of India outlook to a Parliament panel, delivered by Malhotra, states the economy is strong, and ₹2,000 notes are still legal but "out of circulation." This…
Premium of life insurers rose 4.3% YoY in Q1 FY26. This modest year-on-year growth in the first quarter of fiscal year 2026 indicates a steady but somewhat muted performance for…
Traders are watching expiry day moves after SEBI's ban on Jane Street Group. This indicates market sensitivity to regulatory actions impacting large trading firms. SEBI's ban on…
The ED Enforcement Directorate has conducted "searches at Probo premises" and "attached assets worth ₹28.4 crore." This news reiterates and confirms the ongoing enforcement action…
NPCI National Payments Corporation of India has inked a pact with the "Namibian Central Bank for UPI adoption." This landmark agreement signifies a major international expansion…
The Supreme Court has declined to interfere with a Delhi High Court ruling that Revenue "cannot negatively block tax beyond the extent of GST ITC available in e-ledger." This…
The DGFT Directorate General of Foreign Trade has notified new SIONs Standard Input-Output Norms for chemical and allied products under FTP 2023 Foreign Trade Policy 2023 . SIONs…
A GST payer alleged overlap of jurisdiction by central and state authorities, but the Madras High Court found "no case made out" and granted "partial relief." This case highlights…
Clean Fanatics has bagged $2 million to "scale up its home services marketplace." This funding injection indicates investor confidence in the growing demand for organized home…
The ED Enforcement Directorate has booked Rana Daggubati, Vijay Devarakonda, and 27 others for "promoting illegal betting." This significant development indicates a major…
Tracxn shares surged 10% after a "share buyback announcement." This significant jump in share price indicates a positive market reaction to the company's decision to buy back its…
Infinity Fincorp has bagged $230 million, with Partners Group acquiring a majority stake. This substantial investment highlights a major private equity deal in the financial…
LetsVenture has rebranded as "LVx" to "integrate private market offerings." This strategic rebranding signifies an evolution in LetsVenture's platform, aiming to provide a more…
The MCA Ministry of Corporate Affairs is set to launch the final set of company forms on the V3 portal, announcing portal downtime for the transition. This significant…
The Ministry of Finance has notified IREDA Indian Renewable Energy Development Agency bonds as long-term specified assets under Section 54EC of the Income Tax Act. This…
A Karnataka-Berlin innovation MoU Memorandum of Understanding has been signed, focusing on startup and AI collaboration. This strategic partnership aims to foster cross-border…
Microsoft is anticipating "AI cost savings and layoffs" in 2025. This indicates a strategic shift within the tech giant, leveraging artificial intelligence to enhance efficiency.…
Pocket FM is seeking ₹857 crore in damages from Kuku FM, with the rival calling the charges "motivated." This massive financial claim highlights a significant intellectual…
PhonePe and G Pay collectively hold an 82% UPI market share in June, with BHIM re-entering the top 10 after a long hiatus. This report underscores the dominant duopoly of PhonePe…
The Kerala High Court has granted anticipatory bail to an ED Enforcement Directorate officer accused of "demanding a ₹2 crore bribe." This significant development involves…
The Kerala High Court has granted bail to IB Intelligence Bureau officer Sukanth Suresh in his "girlfriend's suicide case." This decision allows the accused officer to be released…
The Delhi High Court has restrained Kuku FM from streaming 5 shows after Pocket FM alleged "IP violation." This significant ruling protects intellectual property rights in the…
The Kerala High Court has ruled on minimum wages for "housekeeping staff in private hospitals." This significant decision clarifies the wage standards for a crucial, often…
The RBI's Reserve Bank of India outlook to a Parliament panel, delivered by Malhotra, states the economy is strong, and ₹2,000 notes are still legal but "out of circulation." This…
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