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Volkswagen is contesting a $1.4 billion tax bill from Indian authorities, who allege that the company misclassified imported car kits as spare parts to benefit from lower tax…
India announced the removal of import duties on various goods crucial for manufacturing electric vehicle EV batteries and mobile phones. This move aims to support local production…
The Rajasthan High Court has dismissed an appeal against the denial of an annual increment due to inordinate delay. The court emphasized the importance of timely appeals in…
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 ITAT ruled that the addition of unexplained cash credit under Section 68 is invalid after rejecting the books of accounts. The tribunal highlighted the importance of proper…
The ITAT ruled that rental income from trust property cannot be treated as business income. The tribunal emphasized the distinction between rental and business income. The ruling…
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.…
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…
The CBIC has notified Navi Mumbai and Jewar Airport as customs ports for import and export. This designation aims to facilitate international trade through these key locations.…
The Bombay High Court held that a spouse threatening or attempting suicide constitutes cruelty, providing grounds for divorce. The court recognized the severe emotional distress…
The Punjab and Haryana High Court declared Section 3G of the National Highway Act as unconstitutional, citing a violation of Article 14 of the Constitution. The court found that…
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 Gujarat High Court considered a temporary bail application filed by Asaram Bapu in a rape case. The court examined the grounds for the bail, assessing the severity of the…
The Delhi High Court has upheld an arbitrator's decision that refused an injunction against the use of the tagline "Jeeto Har DinZo" in favor of Winzo. This ruling supports the…
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…
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…
Volkswagen is contesting a $1.4 billion tax bill from Indian authorities, who allege that the company misclassified imported car kits as spare parts to benefit from lower tax…
India announced the removal of import duties on various goods crucial for manufacturing electric vehicle EV batteries and mobile phones. This move aims to support local production…
Healthtech startup Dozee raised $8 million to accelerate its global expansion. The funding will support the company's efforts to enhance its remote patient monitoring technology.…
The Centre plans to finalize the Digital Personal Data Protection DPDP rules by April. This move aims to establish a comprehensive data protection framework. The rules will impact…
Andhra Pradesh's new policy aims to create 20,000 startups and 10 unicorns in the next five years. This ambitious goal reflects the state's focus on fostering entrepreneurship.…
Ola Electric resolved financial disputes with Rosmerta Group, leading to the withdrawal of NCLT pleas. This settlement avoids further legal complications for both companies. The…
Bhashini CEO Amitabh Nag received additional charge as Director of IndiaAI. This appointment reflects the government's focus on AI development. It aims to streamline AI…
Tendercuts founder Nishanth Ravichandran launched an AI-powered analytics startup. The new venture focuses on leveraging AI for data analysis. This move reflects the growing trend…
IPO-bound Fractal proposes to build India's first reasoning AI model. This initiative highlights the company's focus on cutting-edge technology. The AI model aims to enhance…
Chipmaker Infineon Technologies plans to set up a Global Capability Center GCC in GIFT City. This move reflects the growing attractiveness of GIFT City as a tech hub. The…
Investment tech platform Fisdom's FY24 loss declined by 19% to ₹57 crore. The company's financial performance indicates improved operational efficiency. The reduction in losses is…
The UPI MDR debate reignited with Meesho's IPO plans. The issue concerns the merchant discount rate on UPI transactions. The debate impacts the profitability of digital payment…
Ola Electric's subsidiary resolved its insolvency dispute with Rosmerta Group. The resolution involved withdrawing petitions filed with the NCLT. This settlement avoids further…
The Bombay High Court initiated a contempt case against a teacher for making baseless bribery allegations against a judge. The court emphasized the need to maintain the integrity…
The Supreme Court initiated a suo motu case against the Allahabad High Court's ruling that "grabbing minors' breasts without skin to skin contact" does not constitute an attempt…
The parents of the Walayar case victims moved the Kerala High Court after the CBI added them as accused. The parents allege that the CBI's move is unjust and aimed at shielding…
The Delhi High Court granted bail to a man whose car was used by others to transport ganja. The court considered the man's lack of direct involvement in the crime. It emphasized…
The Delhi High Court granted Natco Pharma permission to manufacture Roche's spinal muscular atrophy drug, considering it in the public interest. The court weighed the need for…
The Delhi High Court ordered the return of engraved gold jewelry to an Indian tourist who was issued a ₹45,000 penalty for non-payment of duty. The court found that the penalty…
The Delhi High Court criticized the CESTAT for passing contradictory orders in an appeal that did not meet pecuniary jurisdiction. The court labeled the situation a "comedy of…
The Gujarat High Court considered a temporary bail application filed by Asaram Bapu in a rape case. The court examined the grounds for the bail, assessing the severity of the…
The Delhi High Court addressed a case concerning the execution of a gift deed after an arbitral award was passed. The court ruled that such an action indicates an attempt to…
The Delhi Budget, presented by Rekha Gupta, outlines a ₹1 lakh crore plan for the financial year. The budget reflects the BJP's fiscal priorities for Delhi. This plan highlights…
The Kerala High Court clarified the admissibility of electronic evidence under Section 65B of the Evidence Act and the role of government expert reports under Section 293 of the…
The Jammu and Kashmir High Court has ruled that pension benefit policy changes after an employee's retirement are valid. This decision clarifies the applicability of policy…
The Allahabad High Court has directed state authorities to show due sensitivity and provide aid to a male acid attack survivor. This ruling emphasizes the need for compassionate…
The Bombay High Court has ruled that an arbitrator's decision to postpone the issue of a partnership firm's dissolution to the final hearing stage cannot be considered perverse.…
Volkswagen is contesting a $1.4 billion tax bill from Indian authorities, who allege that the company misclassified imported car kits as spare parts to benefit from lower tax…
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