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A daily wage labourer in Uttar Pradesh has received a shocking ₹9.3 crore tax notice in a GST identity fraud case. This alarming incident highlights a pervasive scam where…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that a reduced penalty under Section 78 of GST applies if tax and interest are paid within 30 days of the…
The Chhattisgarh High Court has directed the GST department to release the frozen bank account of a small entrepreneur. This significant judicial intervention provides crucial…
The Jammu & Kashmir High Court has ruled on the quashing of FIRs against public servants, emphasizing the requirement of prior approval under Section 17A of the Prevention of…
The Kerala High Court is dealing with a criminal contempt case against R. Rajesh. Criminal contempt typically involves acts that obstruct or interfere with the administration of…
The Punjab and Haryana High Court has ruled that marital discord between a couple is not sufficient to constitute the offense of abetment of suicide against the wife. This…
The Bombay High Court has upheld the license cancellation of a courier agency for clearing imports without authorization, reiterating "no leniency in import/export lapses." This…
The Bombay High Court has ruled that offenses under the Bharatiya Nyaya Sanhita BNS can be scheduled offenses under PMLA after the IPC repeal. This significant legal development…
The Patna High Court has imposed ₹10,000 cost on the Income Tax Department, ruling that NFAC National Faceless Appeal Centre failed to obey a Supreme Court order while dismissing…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a Show Cause Notice SCN invoking the extended period because the company had already reversed wrongfully…
The Enforcement Directorate ED has released ₹38 crore to the Karnataka State Wakf Board on a Sessions Court directive to restore proceeds of crime to money laundering victims.…
The CBI has informed the Bombay High Court that it will finish its probe against Sameer Wankhede in the Aryan Khan bribery case in 3 months. This update indicates a defined…
RCB Royal Challengers Bangalore has moved the Karnataka High Court against a CAT Central Administrative Tribunal order blaming it for the Chinnaswamy stampede. This legal…
Redcliffe Labs has posted ₹419 crore revenue in FY25 and narrowed EBITDA losses. These financial results indicate significant growth in the diagnostics and healthcare sector for…
Trident Growth Partners has led a ₹200 crore funding round in Credit Wise Capital. This significant investment indicates strong investor confidence in Credit Wise Capital, a…
CCI Competition Commission of India and Kedaara Capital have acquired a stake in logistics startup Porter. This dual announcement signifies both a regulatory approval and a…
The Bombay High Court has directed the department to pay an informer for assisting in tax recovery, ruling that reward schemes must be fairly implemented. This significant…
The Karnataka High Court has ruled that a Gram Panchayat cannot levy property tax. This ruling, appearing twice, consistently confirms the jurisdictional limits of local…
The Bombay High Court has ruled that offenses under the Bharatiya Nyaya Sanhita BNS can be scheduled offenses under PMLA after the IPC repeal. This significant legal development…
BlackBuck, a logistics platform, is planning to appeal a tax demand notice over TDS Tax Deducted at Source issues. This indicates a dispute with tax authorities regarding…
Kedaara Capital has received CCI Competition Commission of India nod to invest in Porter, reiterating the previous news about regulatory approval for the investment. This…
Infra.Market has acquired a majority stake in Metro Group to strengthen its tile business. This strategic acquisition signifies Infra.Market's expansion and consolidation efforts…
WeWork India's IPO is back on track. This development indicates renewed momentum for the co-working giant's initial public offering in India. After previous delays or…
Apollo Hospitals has acquired Accel-backed healthtech startup Onco. This strategic acquisition marks Apollo's expansion into the health technology space, particularly in the…
The CBI has informed the Bombay High Court that it will finish its probe against Sameer Wankhede in the Aryan Khan bribery case in 3 months. This update indicates a defined…
Trident Growth Partners has led a ₹200 crore funding round in Credit Wise Capital. This significant investment indicates strong investor confidence in Credit Wise Capital, a…
Kedaara Capital has received CCI Competition Commission of India nod to invest in Porter, reiterating the previous news about regulatory approval for the investment. This…
NPCI is actively working on "IoT rails" to enable UPI payments via smart appliances. This innovative initiative aims to integrate the widely used Unified Payments Interface UPI…
The Centre has received proposals worth ₹8,000 crore for electronics manufacturing under its various schemes. This significant investment interest indicates a strong response to…
Tracxn's board has greenlit a stock buyback worth ₹8 crore. A stock buyback is a corporate action where a company repurchases its own shares from the open market. This move…
JioBlackRock has closed the NFO New Fund Offer for new funds with ₹2.1 billion in investment. This successful fundraise marks a strong start for the joint venture between Jio…
The IPL's Indian Premier League valuation has hit $18.5 billion, with RCB Royal Challengers Bangalore topping franchise rankings. This impressive valuation underscores the immense…
Tracxn's board has greenlit a stock buyback worth ₹8 crore. A stock buyback is a corporate action where a company repurchases its own shares from the open market. This move…
Titan shares tumbled over 6%, causing its market valuation to drop by ₹20,086 crore. This significant single-day decline indicates a negative reaction from investors, likely due…
India and Brazil are set to sign trade agreements in July 2025, following discussions between Prime Minister Modi and President Lula. This bilateral initiative aims to strengthen…
Titan shares tumbled over 6%, causing its market valuation to drop by ₹20,086 crore. This significant single-day decline indicates a negative reaction from investors, likely due…
India and Brazil are set to sign trade agreements in July 2025, following discussions between Prime Minister Modi and President Lula. This bilateral initiative aims to strengthen…
Adani Power has completed the ₹4,000 crore acquisition of Vidarbha Power. This significant acquisition strengthens Adani Power's position in the energy sector, expanding its…
In the AI171 crash, 57 families have received ₹25 lakh interim insurance payouts. This immediate relief provides crucial financial support to the victims' families following a…
RBI is set to drain ₹1 trillion via a 2-day VRRR Variable Rate Reverse Repo auction in July 2025. This significant liquidity management operation by the Reserve Bank of India aims…
Adani Power has completed the ₹4,000 crore acquisition of Vidarbha Power. This significant acquisition strengthens Adani Power's position in the energy sector, expanding its…
RBI is set to drain ₹1 trillion via a 2-day VRRR Variable Rate Reverse Repo auction in July 2025. This significant liquidity management operation by the Reserve Bank of India aims…
NBCC has secured RBI approval and finalized investment in its UAE real estate subsidiary. This indicates a significant expansion for NBCC, a public sector construction and…
MSME pharma firms have requested financial and regulatory help for GMP Good Manufacturing Practice and NSQ Not of Standard Quality compliance. This plea highlights the challenges…
IIT Madras is set to launch a ₹200 crore VC Venture Capital fund. This significant initiative highlights the institution's commitment to fostering entrepreneurship and innovation…
The CBDT Central Board of Direct Taxes has notified an Income Tax exemption for the Rajasthan Housing Board. This official notification from the apex direct tax body formalizes…
The Income Tax Appellate Tribunal ITAT has ruled that disallowance under Section 14A is inapplicable due to the absence of exempt income. Section 14A of the Income Tax Act aims to…
EV sales in India rose 286% to 1,80,238 units in June. This remarkable surge indicates a significant acceleration in the adoption of electric vehicles in the Indian market. The…
Smartworks, a co-working space provider, clocked ₹1,374 crore in revenue and a ₹62 crore loss in FY25. These financial results indicate significant revenue generation but also…
The Income Tax Appellate Tribunal ITAT has quashed an assessment for lack of jurisdiction, ruling that the "reason to believe" was framed by a non-jurisdictional AO Assessing…
A daily wage labourer in Uttar Pradesh has received a shocking ₹9.3 crore tax notice in a GST identity fraud case. This alarming incident highlights a pervasive scam where…
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