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The Delhi High Court has granted bail to a Delhi riots accused, allowing him to use the funds to pay for his daughters' fees. The court's decision balances the accused's right to…
The Delhi High Court is examining the issue of sharing hyperlinks of defamatory content. The court is considering whether sharing a hyperlink constitutes defamation. This case has…
The ITAT has restored a matter concerning the rejection of a trust's Section 12A registration to the Commissioner of Income Tax Exemptions CIT E . The tribunal found that the…
Only 1% of all health insurance claims are for mental health. This statistic highlights the underutilization of mental health coverage in insurance policies. The low claim rate…
The Maharashtra government has scrapped the 6% tax on electric vehicles EVs above ₹30 lakh. This decision aims to promote the adoption of high-end EVs in the state. The tax…
The Income Tax Department's intelligence wing uncovered a large-scale tax fraud during surprise raids across Tamil Nadu, involving thousands of employees from PSUs and corporates.…
Effective April 1, 2025, the new income tax regime will raise the tax exemption limit to ₹12 lakh from ₹7 lakh. The standard deduction will increase to ₹75,000 for senior citizens…
Taxpayers must complete tax harvesting by March 28, 2025, since March 31, 2025, is a stock market holiday. Tax harvesting involves selling equities to realize long-term capital…
ATM charges are set to increase as the Reserve Bank of India RBI and the National Payments Corporation of India NPCI have approved a ₹2 hike in the interchange fee, effective from…
The ITAT quashed a revision order by the Principal Commissioner of Income Tax PCIT regarding a ₹22.09 lakh cash deposit inquiry, finding the Assessing Officer's AO verification…
An income tax notice of ₹7.79 crore was issued to a juice seller in Uttar Pradesh who earns only ₹400 a day. The order highlights a significant discrepancy between the seller's…
Wipro secured a 10-year contract worth 500 million pounds $645.4 million from British insurer Phoenix Group for administering its ReAssure business, focusing on life and pension…
To encourage the adoption of electric vehicles EVs , Maharashtra has withdrawn a proposal to impose a 6% sales tax on EVs priced above $35,000. This decision aims to increase EV…
The Income Tax Rules are changing from April 1, 2025, with new slabs, Section 87A rebate, and TDS changes. This overhaul aims to simplify the tax structure. The changes will…
The National Company Law Tribunal NCLT has ruled that an outgoing liquidator is entitled to a minimum fee as per the Insolvency and Bankruptcy Board of India IBBI regulations.…
The Supreme Court has raised concerns regarding the denial of GST Input Tax Credit ITC due to clerical errors, seeking clarity from the Central Board of Indirect Taxes and Customs…
Amazon Fresh is expanding its presence to 170 cities in India. This expansion aims to increase the availability of fresh groceries and household essentials to a wider customer…
The World Bank's IFC is backing Alteria Capital's short-term venture debt fund. This investment aims to provide crucial financing to early-stage ventures. This support will help…
A Ponda woman, denied a flat despite paying the builder, was ordered to receive a refund of ₹17 lakh. This ruling protects consumer rights in real estate transactions. The court's…
The Supreme Court has stayed the probe against the MP RERA chief until April 2nd. This decision provides temporary relief to the RERA chief from ongoing investigations. The…
Abound has raised $14 million to boost cross-border finance for Indian Americans. This funding aims to facilitate financial transactions between India and the United States. The…
Only 1% of all health insurance claims are for mental health. This statistic highlights the underutilization of mental health coverage in insurance policies. The low claim rate…
Algobulls has reported a 44x revenue jump in FY24 and has swung to positive EBITDA. This financial performance indicates strong growth and profitability. The company's success…
The Jammu & Kashmir High Court has quashed a cruelty case against the husband's uncle of a Netflix-featured couple, following their divorce. The court found insufficient evidence…
The Allahabad High Court has refused to order action against the manufacturer of Tiranga Agarbattis incense sticks . The court found no legal basis to prohibit the production or…
The Baramulla District Commission has ruled that the non-settlement of an insurance claim within the stipulated timeframe constitutes an unfair trade practice. The commission…
The Karnataka High Court has addressed an Enforcement Directorate ED search involving a former MUDA Commissioner. The court's ruling clarifies the scope of ED's powers and the…
The Karnataka High Court has ruled on the legality of Enforcement Directorate ED summons issued to an accused who is not named in the scheduled offense under the Prevention of…
The Jammu & Kashmir High Court has ruled that reservation for non-medical candidates in faculty appointments at medical colleges is not mandatory. The court clarified that the…
The Rajasthan High Court has delivered a judgment on a temporary injunction in a trademark infringement case. The court's ruling clarifies the criteria for granting temporary…
The Income Tax Department's intelligence wing uncovered a large-scale tax fraud during surprise raids across Tamil Nadu, involving thousands of employees from PSUs and corporates.…
Wipro secured a 10-year contract worth 500 million pounds $645.4 million from British insurer Phoenix Group for administering its ReAssure business, focusing on life and pension…
Taxpayers must complete tax harvesting by March 28, 2025, since March 31, 2025, is a stock market holiday. Tax harvesting involves selling equities to realize long-term capital…
LG India's IPO valuation could soften to $10.5 billion-$11.5 billion, according to a report. This suggests a potential adjustment in the company's market valuation.
NHAI's NHIT reached ₹18,380 crore in record InvIT monetization. This financial milestone reflects the success of the NHAI's infrastructure investment trust. The monetization will…
Fintechs are in a conflict with Juspay over payment gateway services. The dispute concerns market competition and fair practices. The conflict highlights the challenges in the…
BharatPe achieved breakeven at the EBITDA level in the first 9 months of FY25. This financial milestone indicates improved operational efficiency. The company's performance…
Groww is in talks to raise $200 million in a pre-IPO funding round. The funding aims to support the company's growth and expansion. This move reflects investor confidence in…
A Delhi court summoned a litigant caught smoking a cigarette during a virtual hearing. The court emphasized the importance of maintaining decorum in legal proceedings. The ruling…
The Karnataka High Court addressed a hearing on an ED appeal in a MUDA case investigation. The court examined the legal provisions related to ED investigations. The ruling aims to…
The Delhi High Court clarified that the determination of anti-dumping duties is a time-bound process by the competent authority, and writ courts will be hesitant to interfere. The…
The Gwalior District Commission held Zomato and Burger Buddy liable for delivering a non-veg burger instead of a veg burger. The commission emphasized the importance of accurate…
The NCDRC held SJR Infracon liable for deficiency in service for failing to deliver flats within the stipulated deadline. The commission emphasized the importance of adhering to…
The RBI discontinued medium and long-term gold deposits under the Gold Monetization Scheme. This decision aims to streamline the gold monetization process. The move reflects the…
The CESTAT quashed an incorrect service tax demand based on TDS amount, ruling against inflated taxable value. The tribunal emphasized that TDS amounts should not be used to…
Swiggy received an income tax demand notice over TDS issues. The tax authorities found discrepancies in the company's TDS filings. This notice highlights the importance of…
The perks, benefits, and numbers of MPs are being discussed in light of the central government's salary hike. This discussion highlights the financial aspects of public service.…
WhatsApp messages revealed tax evasion, and the FM responded to privacy concerns. The disclosure raised questions about data privacy and tax enforcement. The FM clarified that the…
Care Health Insurance received a ₹104.7 crore income tax demand. The tax authorities found discrepancies in the company's tax filings. This demand highlights the importance of…
The NCLT ruled that the moratorium under the IBC should not be misused to prevent public welfare projects. The tribunal emphasized the need to balance insolvency proceedings with…
The Delhi High Court has granted bail to a Delhi riots accused, allowing him to use the funds to pay for his daughters' fees. The court's decision balances the accused's right to…
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