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1024 anthurium flowers have been exported from Mizoram to Singapore, showcasing the growth of floriculture exports. This export highlights the potential of the floriculture…
RBI has hiked ATM interchange fees, which may lead to costlier transactions. This move aims to adjust the fee structure for ATM services. The hike reflects the RBI's efforts to…
The claim of "zero tax business from April 1st, 2025" has been clarified as untrue. This clarification aims to dispel misinformation. The government's action reflects its…
The Finance Ministry has imposed add-on PVC paste resin import duties from six countries. This move aims to protect domestic industries. The duties reflect the government's…
The Finance Ministry has launched an incentive scheme to boost low-value BHIM UPI transactions for FY 2024-25. This move aims to promote the adoption of digital payments. The…
The Bengaluru Advocates Association is set to hold a general body meeting on the Delhi HC judge issue, the Karnataka honey-trapping scandal, and judicial corruption. This meeting…
Top Supreme Court judges are traveling to Imphal, Manipur, to assess ethnic violence relief efforts and to inaugurate legal aid clinics. This move highlights the judiciary's…
The Supreme Court has ruled that once NCLT approves a resolution plan, all dues, including the central government's, stand extinguished. This decision clarifies the finality of…
The Finance Ministry has launched an incentive scheme to boost low-value BHIM UPI transactions for FY 2024-25. This move aims to promote the adoption of digital payments. The…
CESTAT has granted CENVAT credit on GTA services for FOR basis sales, relying on a board circular. This decision clarifies the eligibility for CENVAT credit in specific sales…
ITAT has ordered the reassessment of capital gains due to incorrect valuation. This decision highlights the importance of accurate valuation in tax assessments. The tribunal's…
CESTAT has granted CENVAT credit on GTA services for FOR basis sales, relying on a board circular. This decision clarifies the eligibility for CENVAT credit in specific sales…
CESTAT has allowed a refund or re-credit option for the wrongful reversal of CENVAT credit on re-exported goods. This decision protects taxpayers from financial losses due to…
The Finance Ministry is seeking quick cadre clearances for GSTAT appointments. This move aims to expedite the establishment of the GST Appellate Tribunal. The ministry's action…
The Supreme Court has ruled that a borrower cannot enforce consumer rights without privity of contract, granting relief to Citicorp Finance India Limited. This decision clarifies…
CESTAT has ruled that excise duty is applicable on railway diesel locomotive parts. This decision clarifies the tax treatment of railway components. The ruling emphasizes the…
WhatsApp has banned 99.6 lakh accounts in January 2025. This action aims to enforce community guidelines and prevent misuse. The ban reflects WhatsApp's efforts to maintain a safe…
The Supreme Court has ruled that a person need not be named as an accused in a complaint for the continuation of retention of seized property under Section 8 of the PMLA. This…
An IIT Guwahati-incubated startup has developed robots for AI-driven surveillance at international borders. This development aims to enhance border security using advanced…
ITAT has ordered the reassessment of capital gains due to incorrect valuation. This decision highlights the importance of accurate valuation in tax assessments. The tribunal's…
CESTAT has ruled that imported connectors are eligible for BCD exemption as PCBA parts for mobile phones. This decision clarifies the classification of electronic components for…
GSTN has addressed technical issues in filing waiver applications, clarifying deadlines and solutions. This move aims to resolve the inconvenience caused to taxpayers. The…
ITAT Mumbai has ruled that there is no capital gains tax on a co-owner without beneficial interest. This decision clarifies the tax treatment of co-ownership in property…
GSTN has reported glitch issues in filing SPL-01 and SPL-02 applications under the waiver scheme. This technical issue is causing inconvenience to taxpayers. The glitch reflects…
The Kerala High Court has ruled that revenue cannot re-assess a time-barred assessment under the KVAT Act based on a CAG report. This decision clarifies the limitations on…
The Delhi High Court has rapped a trial court and police over insensitive conduct towards a rape victim. This decision highlights the importance of sensitive handling of such…
The Delhi High Court has slammed the CGST Department for keeping show cause notices pending for nearly a decade, stating that "where it is possible to do so" cannot be a license…
The Income Tax Department has issued notices to 300 private equity firms over alleged capital gains tax evasion. This action aims to ensure compliance with tax regulations. The…
CESTAT has ruled that an extended limitation is not applicable without intent to evade duty at the time of clearance. This decision clarifies the conditions for applying extended…
This week's stock market news includes IREDA's fundraise, REC and TVS Motor's dividend, and Nifty expiry cues. This summary highlights the key events impacting the stock market.…
An IIT Guwahati-incubated startup has developed robots for AI-driven surveillance at international borders. This development aims to enhance border security using advanced…
The Allahabad High Court has ruled that marriage does not grant ownership of a wife, addressing a case where a man uploaded his wife's intimate video. This decision clarifies the…
The DGGI has cracked down on tax-evading online money gaming entities and advised the public to exercise caution. This action highlights the government's efforts to combat tax…
The Kerala High Court has denied relief to a lawyer accused of raping a minor, calling it a "shame to the legal profession." This decision highlights the court's stance on…
NCLT Kochi has ruled that an outgoing liquidator is entitled to a minimum fee of ₹2 lakh as per IBBI regulations. This decision clarifies the fee structure for liquidators. The…
AstraZeneca announced a $2.5 billion investment in research and development and manufacturing in Beijing. This move comes amidst a strategy to overcome a scandal involving the…
Carlyle's planned $945 million acquisition of oil and gas assets from Energean fell through due to failure in securing significant regulatory approvals in Italy and Egypt. The…
Venture capital firm Bessemer Venture Partners has raised $350 million for its second India-focused fund. The fund aims to invest in AI-enabled businesses, fintechs, and…
Japanese space debris removal company Astroscale has partnered with Indian space firms Digantara and Bellatrix Aerospace. This collaboration aims to offer orbital services to…
NCLAT has ruled that a secured creditor's security interest becomes part of the liquidation estate if the amount stipulated under Regulation 21A 2 is not deposited within 90 days.…
Venture capital firm Bessemer Venture Partners has raised $350 million for its second India-focused fund. The fund aims to invest in AI-enabled businesses, fintechs, and…
AstraZeneca announced a $2.5 billion investment in research and development and manufacturing in Beijing. This move comes amidst a strategy to overcome a scandal involving the…
Japanese space debris removal company Astroscale has partnered with Indian space firms Digantara and Bellatrix Aerospace. This collaboration aims to offer orbital services to…
Carlyle's planned $945 million acquisition of oil and gas assets from Energean fell through due to failure in securing significant regulatory approvals in Italy and Egypt. The…
The Supreme Court ruled that a motor accident claim cannot be rejected solely due to the incorrect description of the vehicle's make. The judgment emphasized the principle of…
The Supreme Court Collegium is scrutinizing the Delhi High Court judge implicated in the recent cash recovery scandal. The controversy has sparked debates on the collegium's role…
The Rajya Sabha held a heated discussion regarding the cash recovery from a Delhi High Court judge's residence. Members raised concerns over judicial integrity and called for…
The Supreme Court dismissed a petition challenging the virtual attendance of two convicts in a law school, ruling that the Bar Council of India BCI has no authority to interfere…
The Supreme Court rejected a flat seller's consumer complaint against a financier, citing the absence of privity of contract. The court clarified that a consumer complaint cannot…
The Supreme Court directed High Courts to prioritize criminal appeals involving elderly accused on bail, particularly for older cases. Acknowledging the prolonged delays in…
1024 anthurium flowers have been exported from Mizoram to Singapore, showcasing the growth of floriculture exports. This export highlights the potential of the floriculture…
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