News & Judgements

The Startup Policy Forum endorsed MDR on UPI for large merchants. This recommendation aims to address the revenue concerns of payment service providers. The move reflects the…

The number of registered MSMEs in India may touch the 9 crore mark by 2029. This growth indicates the increasing formalization of the MSME sector. The government's initiatives to…

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.…

IRDAI has asked insurers to empanel forensic experts in advance to handle cyber incidents. This move aims to improve the insurance industry's response to cyberattacks. The…

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…

Jumbotail is set to acquire Solv India for B2B marketplace expansion. This strategic move will strengthen Jumbotail's position in the business-to-business e-commerce sector. The…

The Chhattisgarh government invited BEML to set up an advanced mining equipment plant. This initiative aims to boost the state's industrial capacity. The plant will create jobs…

RBI ordered HDFC Bank to pay a significant fine. The reason for the fine and the exact amount were not specified in the provided text.

Homebuyers in Ozone Urbana, Bengaluru, withdrew RERA cases. They stated they did not want to burden their children with legal battles.

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.

The FM confirmed that a new income tax bill will be taken up in the monsoon session. This bill aims to further simplify the tax system. The move reflects the government's ongoing…

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…

The ITAT restored an unexplained money matter for fresh adjudication, citing non-service of the appeal order of CITA. The ITAT emphasized the importance of proper communication…

The CITA ignored an adjournment request, and the ITAT restored the appeal, citing a violation of the principles of natural justice. The ITAT emphasized the importance of fair…

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 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 CBIC declared March 29, 30, and 31 as working days for customs field formations. This move aims to facilitate the smooth completion of customs clearances. It reflects the…

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…

Samsung was hit with a $601 million demand in back taxes and penalties due to discrepancies in telecom imports. The tax authorities found discrepancies in the declared value of…

The CBIC issued a clarification on the constitution of the camera module in mobile phones for calculating the Basic Customs Duty BCD rate. This clarification aims to provide…

The CBDT notified amendments in Income Tax Rules to broaden the safe harbor scope. These amendments aim to simplify transfer pricing regulations. The changes will provide more…

The government launched the MSME TEAM initiative to boost e-commerce adoption via ONDC. This initiative aims to integrate more MSMEs into the digital marketplace. It will provide…

The Lok Sabha passed the Finance Bill 2025 with 35 amendments and moved it to the Rajya Sabha for approval. The amendments cover various aspects of taxation and financial…

The Delhi High Court will hear a trademark plea by Elon Musk's Tesla against an Indian firm after mediation failed. The dispute concerns trademark infringement. The court will…

Following the ED, the CCI started a probe into TASMAC over anti-competitive practices in beer sales. The investigation aims to ensure fair competition in the alcohol market. The…

The Bombay High Court will hear a Pune eatery's appeal against a stay on Burger King usage. The appeal concerns trademark infringement and unfair competition. The court will…

Dabur moved the Delhi High Court against an FSSAI ban on its "100% fruit juice" claim. The company argues that the ban is unjustified. The court will examine the scientific…

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 Orissa High Court upheld a divorce granted to a man whose wife filed 45 FIRs against him and his family. The court recognized the severe mental cruelty caused by such actions.…

The Supreme Court directed states to appoint officers to enforce the Drugs and Magic Remedies Objectionable Advertisements Act to combat misleading medical ads. The court…

The Kerala High Court addressed motor accident claims, ruling that dependency is not necessarily financial dependency, and awarded compensation to a father and younger siblings.…

Verse cut its burn by 51% in FY24 and eyes profitability in H2 CY25. This financial improvement indicates progress towards sustainable operations. The company's performance…

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 plea was filed in the Delhi High Court to disallow the registration of trademarks with the name "Osho." The plea argues that the name should not be monopolized. The court will…

BofA downgraded Swiggy and Zomato, citing rising losses in quick commerce and slow growth in the food business. This move reflects concerns about the companies' financial…

Swiggy received a ₹99 lakh tax demand notice. The tax authorities found discrepancies in the company's tax filings. This notice highlights the importance of accurate tax…

The Payments Council of India is seeking MDR on UPI and RuPay transactions. This request aims to address the revenue concerns of payment service providers. The move reflects the…

The government dropped import duties on key components for EV batteries. This move aims to promote the growth of the electric vehicle industry. The decision will reduce the cost…

Groww is seeking $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 Groww's…

Nazara Technologies offloaded its entire 72% stake in Sports Unity. This strategic move aims to streamline Nazara's business operations. The company is focusing on core business…

The government blocked over 7 lakh SIMs and 83,000 WhatsApp accounts till February. This action aims to curb cybercrime and fraudulent activities. The move reflects the…

Droom secured $3 million to fuel its IPO plans. The funding will support the company's growth and expansion. This move reflects Droom's ambition to go public. The company is…

Nabhdrishti Aerospace secured $3 million to develop engines for UAVs and eVTOLs. The funding will support the company's research and development efforts. This investment reflects…

Zaggle raised its stake in Mobileware with a ₹7.25 crore investment. This move aims to strengthen Zaggle's fintech capabilities. The investment reflects Zaggle's strategy to…

Firefly Diamonds secured $3 million to expand its lab-grown diamond jewelry sales. The funding will support the company's marketing and distribution efforts. This investment…