News & Judgements

CESTAT held that selling goods at a rate higher than the Maximum Retail Price MRP does not automatically establish an intention to evade service tax. The tribunal reasoned that…

CBDT has notified revised ITR Income Tax Return forms 1 and 4. This is essentially the same as the second summary. The notification of the revised forms allows taxpayers to…

Delhi High Court directed the customs department to release a gold 'kada' bangle of 60 grams worn by a Sikh man. The court's order likely stemmed from the recognition of the…

The Supreme Court ruled that copies of test reports justifying the reclassification of products under the Central Excise Tariff Act must be disclosed to the manufacturer. This…

CBDT Central Board of Direct Taxes has notified ITR Income Tax Return forms 1 and 4 for the Assessment Year 2025-26. These forms are used by individual taxpayers and presumptive…

Finance Minister Nirmala Sitharaman has set a target of 1 billion UPI transactions per day within 2-3 years. This ambitious goal highlights the government's push for the…

Kerala High Court observed that courts cannot insist on rigid proof to decide women's pleas for the return of 'stridhan' property given at marriage . The court emphasized that…

HexaHealth, a healthcare technology startup, is planning to raise ₹37 crore through a preferential issue. A preferential issue is a method of raising capital by issuing shares to…

The Supreme Court has ordered a CBI Central Bureau of Investigation probe into alleged builder-buyer fraud and collusion between banks and developers. This significant order…

BCCI Board of Control for Cricket in India has been sued in Delhi High Court for allegedly calling the IPL Indian Premier League robot dog "Champak." The lawsuit likely pertains…

In a recent disclosure, Gensol's Puneet Jaggi stated that his brother, Anmol Jaggi, who shares the same name as a company director, was responsible for all major decisions. This…

The Maharashtra government has sanctioned a new electric vehicle EV policy aimed at accelerating EV adoption. Key features include tax exemptions, subsidies for EV buyers, and…

Despite the Reserve Bank of India's efforts to reduce interest rates, a significant portion of bank loan borrowers have not experienced corresponding decreases in their loan…

Former U.S. President Donald Trump expressed optimism about ongoing tariff negotiations with India, stating that discussions are progressing well and a deal is likely. He…

An insolvency plea has been filed in NCLT against United Breweries over alleged logistics dues of ₹26 crore. This indicates that a logistics service provider has approached the…

MobiKwik's payment gateway arm, Zaakpay, has received approval from the Reserve Bank of India RBI to operate as a payment aggregator. This authorization allows Zaakpay to offer a…

Freshworks reported a revenue of $196 million in the first quarter of calendar year 2025 and significantly reduced its operating losses by 67%. This financial performance…

FarEye, a logistics technology platform, narrowed its losses by 63% amidst modest growth in fiscal year 2024. This financial result suggests that while the company is still…

Powerhouse91, an e-commerce brand aggregator, has achieved an Annual Recurring Revenue ARR of ₹100 crore and EBITDA profitability with just $25 million in lifetime funding. This…

Reliance Retail is reintroducing its 30-minute delivery model to enhance competitiveness in the quick commerce sector. This strategic shift aims to meet growing consumer demand…

Stimuler, an AI-led English tutor startup, has secured $3.75 million in funding. This capital infusion will likely be used by Stimuler to strengthen its AI technology, expand its…

ITAT invalidated a revision order passed against Adani Power, stating that the order was issued against a non-existent entity. This ruling highlights the importance of ensuring…

Edtech startup Leap has promoted Rajan Chaudhary to the position of cofounder. Chaudhary, who has been instrumental in the company's growth, will now take on a more significant…

Ather Energy's ₹2,926 crore initial public offering IPO was fully subscribed on the third day, driven by strong interest from institutional investors. The funds raised will…

Anveshan, a direct-to-consumer D2C food brand, has raised ₹48 crore in a funding round led by Wipro Consumer Care Ventures. The investment will be utilized to expand product…

Starlink, Elon Musk's satellite internet venture, is in discussions with Indian companies Nelco and BSNL to facilitate its entry into the Indian market. These partnerships are…

The Food Safety and Standards Authority of India FSSAI has introduced a new platform enabling consumers to report misleading claims on food product labels. This initiative aims to…

Winzo, an online gaming platform, reported a revenue of ₹1055 crore and a profit of ₹315 crore in fiscal year 2024. These strong financial results highlight the significant growth…

Apple's India push is seeing Tata and Foxconn ramp up their iPhone manufacturing capacity in the country. This development aligns with Apple's strategy to diversify its production…

Jammu & Kashmir High Court stayed a case against Jitendra Narayan Tyagi formerly known as Wasim Rizvi over his alleged remarks against Islam. A stay order temporarily halts the…

Fintech company PayU has secured ₹1,013 crore through a rights issue from its parent company, Prosus. The capital infusion is expected to bolster PayU's operations, support growth…

A CRPF Central Reserve Police Force man, posted in Pahalgam, has moved the Jammu & Kashmir High Court against his potential deportation along with his Pakistani wife. The case…

The Supreme Court upheld a ₹2 lakh penalty imposed on a Tamil Nadu police inspector for not registering an FIR First Information Report and using abusive language. This decision…

A US court reportedly struck off an entire pleading filed by a law firm after finding the firm's watermark on every page. This unusual action by the court likely indicates a…

Bombay High Court ruled that a resolution plan under the IBC cannot wipe out PF Provident Fund dues owed to employees. The court emphasized that PF dues are statutory liabilities…

Telangana High Court ruled that if an aggrieved party continues to provide services due to the suppression of facts regarding the termination of a contract, they can be granted…

The Supreme Court, by a 4-1 majority, ruled that courts have limited power to modify arbitral awards in certain circumstances. The court reiterated the principle of minimal…

NCLT Mumbai held that the existence of proceedings under the MSMED Micro, Small and Medium Enterprises Development Act or Section 138 of the Negotiable Instruments NI Act does not…

Delhi High Court held that directors are not personally liable for the non-fulfillment of a company's export obligations unless a specific role and involvement of the director in…

Allahabad High Court ruled that once goods are verified and found to be correct in MOV-04 a movement of goods form under GST , the department cannot later change its stand. This…

The Supreme Court held that delay alone cannot be a reason to quash FIRs First Information Reports for offenses punishable with more than 3 years of imprisonment. The court…

Andhra Pradesh High Court ruled that a "myth" cannot be the basis for an enquiry and granted relief to an employee who was denied notional benefits due to an anticipated…

Delhi High Court observed that false rape complaints not only burden the already overloaded judicial system but also cause injustice to actual victims of sexual assault. The court…

Gujarat High Court is considering a plea for furlough temporary release from prison by Narayan Sai, who was convicted in the Surat rape case. Furlough is usually granted to…

Bombay High Court was informed by the Maharashtra government that an FIR First Information Report will be lodged in the Badlapur fake encounter case. This came after the court…

Allahabad High Court ruled that a revisional court cannot decide an application under Order 21 Rule 97 of the Civil Procedure Code CPC . Order 21 Rule 97 deals with resistance or…

Delhi High Court ruled that when arbitration proceedings are already pending between parties, no separate notice under Section 21 of the Arbitration and Conciliation Act is…

Telangana High Court granted anticipatory bail to a former Special Intelligence Bureau SIB chief. Anticipatory bail is granted to a person apprehending arrest, allowing them to be…

Allahabad High Court overturned the termination of a Standing Counsel's contract by the Hardoi District Magistrate DM , citing the DM's annoyance over the counsel's mobile phone…

Madras High Court refused to accept the defence of subsequent marriage in a POCSO Protection of Children from Sexual Offences case. This implies that an accused cannot use the…