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The CBDT has waived interest on TDS and TCS delays due to technical glitches, providing major relief for taxpayers. This decision acknowledges the challenges posed by system…
The ITAT accepted an assessee’s joint agricultural income claim, setting aside an addition of ₹2,618,834. This ruling clarifies the tax treatment of joint agricultural income. It…
The Gurugram court granted bail in a GST ITC fraud case, as the alleged individual gains fell below the ₹5 crore threshold. This decision highlights the court’s consideration of…
The NCLAT upheld the CCI's decision that Google abused its dominant position with a restrictive app store billing policy for developers, but also noted that Google didn't deny…
The Ministry of Law & Justice has launched a notary portal, making application submissions, Certificate of Practice COP renewals, and auxiliary functions online. This initiative…
CERT-In has warned users against vulnerabilities in AI apps. This alert from the Indian Computer Emergency Response Team CERT-In underscores the escalating cybersecurity…
The Delhi High Court ruled that customs can clone data of seized electronic devices as per statutory procedure and need not retain devices throughout prosecutions. This decision…
The Gujarat High Court stayed the recovery of dual GST orders for the same period but on different grounds. This ruling addresses the issue of conflicting GST orders, preventing…
The ITAT ordered the deletion of an addition on cash deposits during demonetization. This decision clarifies the tax treatment of cash deposits during a specific period. It…
The Central Board of Indirect Taxes and Customs CBIC has extended the deadline for sensitive cargo declarations under sea cargo regulations to May 31, 2025. This extension aims to…
The Postal Imports Regulations 2025 introduce new rules for clearing international parcels via post. These regulations aim to streamline the import process. It provides clarity on…
The Kerala High Court addressed matters related to the Inquiry Commission on Munambam. This case involves the legal framework and procedures for conducting inquiries. The court's…
Seven fraudsters were nabbed in an ₹85 lakh stock market scam in Gurgaon. This arrest highlights the ongoing efforts to combat financial fraud. The scam underscores the risks…
Jungleworks has acquired a controlling stake in Outplay and plans to invest $14 million. This acquisition will strengthen Jungleworks’ position in the market. The investment will…
The BSE stock jumped 18% as the NSE deferred its Monday expiry. This market reaction highlights the impact of regulatory decisions on stock prices. The jump reflects investor…
The ITAT has quashed the CITe’s rejection of an application for final approval under Section 80G, citing a timely application. This ruling emphasizes the importance of adhering to…
The cabinet has approved an increase in government employees’ dearness allowance, costing an additional ₹6,614 crore annually. This decision aims to provide financial relief to…
Japan and India have signed ₹10,945 crore loan agreements under Japan’s Official Development Assistance. This agreement supports development projects in India. It strengthens…
An egg seller in Madhya Pradesh received a ₹6 crore GST notice for a bogus Delhi company. This case highlights the issue of fraudulent GST practices. The notice underscores the…
The Delhi High Court ruled that an order restraining revenue from taking coercive steps for recovery of demand can interdict the adjustment of refunds. This decision clarifies the…
A new section, 194T, has been introduced, mandating Tax Deducted at Source TDS on payments made to partners of a firm. This rule necessitates that businesses deduct TDS on…
The Income Tax Department has intensified its efforts to combat fraudulent activities related to bogus income tax refunds. This crackdown involves the use of advanced data…
The Ministry of Finance clarified that the Income Tax Department cannot access personal emails and social media accounts of taxpayers without proper legal authorization. This…
The Delhi High Court ruled that a Show Cause Notice SCN under Section 110 of the Customs Act cannot be issued after one year and directed the release of detained goods. This…
The Rajasthan High Court issued a judgment regarding employee regularization. This case involves labor laws and employment rights. The court’s ruling clarifies the criteria for…
The Bombay High Court ruled that creating legal awareness is not anti-national. This decision emphasizes the importance of promoting legal literacy. It supports the dissemination…
The NCLAT upheld the CCI's decision that Google abused its dominant position with a restrictive app store billing policy for developers, but also noted that Google didn't deny…
The Supreme Court acquitted a man in a 30-year-old murder case, noting that prior enmity can indicate motive but also raise the possibility of false accusation. This ruling…
The ITAT exempted tax on ₹15 crore granted to Kapil Dev by the BCCI in recognition of his services to cricket. This ruling clarifies the tax treatment of awards and recognitions.…
The Delhi High Court deemed the prolonged detention of export goods by customs as completely unacceptable, despite the department's circular. This ruling addresses issues of…
The Telangana High Court ruled that cohabitation built on deception, without a proven customary divorce from the first wife, amounts to rape. This ruling addresses complex issues…
The Supreme Court stayed the probe against the MP RERA Chief. This action addresses concerns about the fairness and legality of the investigation. The stay provides temporary…
Dabur informed the Bombay High Court that it will withdraw anti-bacterial claims from its toothpaste labels. This action addresses concerns about misleading advertising. It…
PhysicsWallah is in talks to acquire Drishti IAS for ₹2,500 crore. This potential acquisition indicates PhysicsWallah’s expansion into the competitive exam preparation market. The…
Chargebee has acquired Trainn to boost its AI-powered customer training. This acquisition aims to enhance Chargebee’s customer service capabilities. The integration of AI…
Over 70,000 gig workers have registered on e-Shram after more aggregators joined. This surge in registrations on the e-Shram portal signals a significant step towards formalizing…
Paymate is set to raise $30 million from Crimson Ventures. This investment highlights the growing interest in fintech companies. The funding will support Paymate’s expansion. This…
The Delhi High Court ruled that the occurrence, existence, and duration of a force majeure clause is a question of fact that will be determined by an arbitral tribunal. This…
The BSE stock jumped 18% as the NSE deferred its Monday expiry. This market reaction highlights the impact of regulatory decisions on stock prices. The jump reflects investor…
HSBC laid off bankers on bonus day, with no payouts given. This action highlights the challenges faced by employees in the financial sector. The layoffs reflect the volatile…
The Tata Neu HDFC Bank credit card has crossed 2 million issuances. This milestone highlights the success of the partnership between Tata Neu and HDFC Bank. The credit card’s…
Paytm has sold its 12.75% stake in Jugnoo for ₹3 crore. This transaction indicates Paytm’s strategic adjustments in its investment portfolio. The sale reflects the dynamic nature…
The consumer commission dismissed an investor’s complaint regarding the WazirX hack. This decision clarifies the responsibilities of cryptocurrency exchanges in handling security…
The government is considering mandating aggregators to contribute 2% of gig workers' earnings towards pensions. This proposal aims to provide social security to gig workers, who…
BYD is reportedly considering establishing a $10 billion EV production facility in Telangana. This potential investment signifies a major boost to India’s electric vehicle…
Jefferies stated that Starlink’s limited capacity will drive premium pricing in India. This analysis highlights the market dynamics for satellite internet services. The limited…
Krafton has increased its stake in Nautilus Mobile to 75% with a ₹118 crore investment. This investment underscores Krafton’s commitment to Nautilus Mobile. The increased stake…
Zaggle is set to acquire a 45% stake in SaaS company Effiasoft for ₹36.7 crore. This acquisition will expand Zaggle’s offerings in the SaaS sector. The deal highlights the…
StayVista clocked ₹140 crore in revenue in FY24, cutting losses by one-third. This financial performance indicates StayVista’s improving profitability. The reduction in losses is…
The NCLAT found that Google abused its dominant position but did not deny market access to other players. This ruling addresses antitrust issues related to Google's market power.…
The CBDT has waived interest on TDS and TCS delays due to technical glitches, providing major relief for taxpayers. This decision acknowledges the challenges posed by system…
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