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In a significant move to bolster economic growth, the Reserve Bank of India's Monetary Policy Committee, in its June 2025 meeting, announced a 50 basis points reduction in the…
The Adani Group, a major player in India's infrastructure and energy sectors, reported a significant 29% increase in its total tax contribution for the fiscal year 2024-25,…
The Securities and Exchange Board of India SEBI has extended the additional liquidation period for Venture Capital Funds VCFs migrating to the Alternative Investment Funds AIF…
The Madras High Court has provided a procedural remedy to a taxpayer whose GST registration was cancelled, allowing them to file a physical appeal due to the difficulties in…
The Madras High Court has granted a taxpayer the liberty to file a late GST appeal upon payment of a 15% pre-deposit. The case involved a GST demand raised due to the…
The Madras High Court has delivered a significant judgment, ruling that pledging shares to support a sister concern's loan constitutes a legitimate business activity.…
The Delhi bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that the leasing of an oxygen plant and equipment by Praxair India does not constitute…
The Delhi bench of the Income Tax Appellate Tribunal ITAT has ruled that a trust cannot be denied registration under Section 12AB of the Income Tax Act merely because it was…
India has imposed anti-dumping duties on imports of Vitamin-A Palmitate from China, the European Union, and Switzerland for a period of five years. This decision comes after an…
The Mumbai Bench of the Income Tax Appellate Tribunal ITAT has ruled that an income tax addition cannot be justified based on unverified data from a third-party pen drive without…
Max Estates' subsidiary, Max Square Limited, has received an income tax demand order of Rs. 21.13 lakh from the National Faceless Appeal Centre NFAC . The demand pertains to the…
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has provided significant relief to the Patna Municipal Corporation. The tribunal ruled that the…
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT ruled that the treatment of industrial wastewater by a Common Effluent Treatment Plant CETP…
The Gauhati High Court has delivered a critical judgment on GST procedural law, holding that the issuance of a summary of a show-cause notice in Form GST DRC-01 cannot be…
The New Delhi bench of the National Company Law Tribunal NCLT has ruled that the non-payment of outstanding lease rent by a corporate debtor constitutes an "operational debt"…
The National Consumer Disputes Redressal Commission NCDRC has allowed an appeal by the Life Insurance Corporation of India LIC , setting aside a State Commission order and…
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that Nickel Hydroxide with additives is classifiable as a miscellaneous chemical…
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has held that CENVAT credit, once it has been correctly availed, cannot be disallowed at a…
The Allahabad High Court dismissed a plea by APL Apollo Tubes Ltd challenging a GST demand of over Rs 77 crore, directing the company to pursue the statutory remedy of appeal…
The Delhi State Consumer Disputes Redressal Commission held SpiceJet liable for deficiency in service for its failure to safely deliver a passenger's checked-in baggage. The…
The Telangana Real Estate Regulatory Authority RERA has imposed a substantial penalty of Rs 3.69 lakh on an individual for acting as a real estate agent without the mandatory…
The Uttarakhand State Consumer Disputes Redressal Commission has held IFFCO-Tokio General Insurance Company liable for wrongfully repudiating an insurance claim. The commission…
The Mumbai District Consumer Disputes Redressal Commission dismissed a complaint filed by a vegetarian who was allegedly served non-vegetarian food, questioning why they chose to…
A Delhi court has ordered the police to ensure the appearance of the editors of the online news portal 'The Morning Context' after they failed to appear in court despite being…
The Securities and Exchange Board of India SEBI has introduced a comprehensive framework for the listing of Social Bonds, Sustainability Bonds, and Sustainability-Linked Bonds as…
The Madras High Court has delivered a significant judgment, ruling that pledging shares to support a sister concern's loan constitutes a legitimate business activity.…
The Gauhati High Court has delivered a critical judgment on GST procedural law, holding that the issuance of a summary of a show-cause notice in Form GST DRC-01 cannot be…
The Supreme Court of India has strongly condemned the misuse of preventive detention laws by authorities to keep individuals incarcerated even after they have secured bail in a…
In a significant market development, several prominent institutional investors, including SBI Mutual Fund, Morgan Stanley, and Goldman Sachs, have acquired a stake in Bajaj…
India Grid Trust IndiGrid , an infrastructure investment trust InvIT , has announced the acquisition of Renew Solar Aayan Private Limited and Koppal Narendra Transmission Limited…
The Central Consumer Protection Authority CCPA , India's consumer watchdog, has directed all e-commerce platforms to conduct a self-audit to identify and eliminate "dark patterns"…
JK Cement has completed the acquisition of a 60% majority stake in Saifco Cements, a company based in Jammu & Kashmir, for Rs 150 crore. This strategic investment establishes a…
JK Cement has completed the acquisition of a 60% majority stake in Saifco Cements, a company based in Jammu & Kashmir, for Rs 150 crore. This strategic investment establishes a…
The Uttar Pradesh government is set to invest in a "flatted factory" complex in Greater Noida to boost the Micro, Small, and Medium Enterprises MSME sector. A flatted factory is a…
Gaming and sports media company Nazara Technologies has successfully completed the acquisition of Smaaash Entertainment, an insolvency-ridden sports entertainment startup. The…
Lenskart, a leading eyewear retail brand, has converted from a private limited company to a public limited company, rebranding as Lenskart Solutions Limited. This is a crucial and…
In a major relief for IT giant Infosys, the Directorate General of GST Intelligence DGGI has closed a pre-show cause notice inquiry involving a potential GST demand of Rs 32,403…
IT services major Infosys has launched a new development center in Gujarat's GIFT City Gujarat International Finance Tec-City . This state-of-the-art facility is designed to be a…
Mohandas Pai, a prominent industry veteran and Chairman of Aarin Capital, has highlighted that restrictive government policies are hampering the growth of Indian startups by…
The Uttar Pradesh government is set to invest in a "flatted factory" complex in Greater Noida to boost the Micro, Small, and Medium Enterprises MSME sector. A flatted factory is a…
The National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by the resolution professional of Byju's parent company, Think & Learn TLPL , in a shareholding…
A consumer court in Raipur has directed an insurance company to pay Rs 1.1 lakh to a policyholder for unfair trade practices in the settlement of a claim. The court found that the…
The Kolkata Bench of the ITAT dealt with a case involving the addition of ₹12.48 lakh as unexplained cash deposits during demonetization under Section 69A. The assessee's appeal…
Gaming and sports media company Nazara Technologies has successfully completed the acquisition of Smaaash Entertainment, an insolvency-ridden sports entertainment startup. The…
The Central Consumer Protection Authority CCPA has issued a directive to all e-commerce companies, instructing them to perform a self-audit of their platforms to identify and…
The National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by the resolution professional of Byju's parent company, Think & Learn TLPL , in a shareholding…
HDFC Bank's stock is in focus following the filing of an FIR against its MD and CEO, Sashidhar Jagdishan, by the Mehta family through the Lilavati Kirtilal Medical Trust. The FIR…
A consumer court in Raipur has directed an insurance company to pay Rs 1.1 lakh to a policyholder for unfair trade practices in the settlement of a claim. The court found that the…
The Goods and Services Tax Network GSTN has issued an advisory confirming that from July 2025, it will not be possible to file GST returns that are more than three years old. This…
The Gauhati High Court has granted interim relief to a GST-registered trader by staying coercive recovery actions until the tax authorities make a reasoned decision on the…
In a significant move to bolster economic growth, the Reserve Bank of India's Monetary Policy Committee, in its June 2025 meeting, announced a 50 basis points reduction in the…
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