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Indians lost INR 1,935 Cr to digital arrest scams in 2024, according to the government. This data highlights the growing threat of cyber fraud. The government is taking measures…
Innoterra acquires agritech Fasals' fresh food distribution biz. This acquisition aims to expand Innoterra's presence in the agritech sector. The move reflects strategic growth in…
Zetwerk is eyeing an IPO in 24 months, according to CEO Amrit Acharya. This plan reflects the company's growth and ambition to go public. The timeline involves specific financial…
The NCLAT has ordered an inquiry into a dubious order passed by the NCLT Chennai. The tribunal emphasized the need for proper adjudicatory practices. This decision aims to enhance…
The ITAT has reduced a Section 14A disallowance for Thomson Press from ₹7.67 lakh to ₹6.31 lakh. The tribunal emphasized the need for accurate calculations. This decision protects…
India sees record deal activity in February at $72 billion. This data highlights the strong growth in mergers and acquisitions. The activity reflects investor confidence in the…
Microfinance institution Satin Creditcare has launched a social loan product. This initiative aims to provide financial support for social development purposes. The move reflects…
BIS raids Amazon and Flipkart warehouses for selling non-certified products. This action aims to enforce product standards and consumer protection. The move reflects the…
JioStar is mulling removing content from YouTube. This consideration reflects potential strategic changes in content distribution. The move may impact content creators and…
The Gauhati High Court has ruled that fizzy fruit juice is a fruit-based drink taxable at 12% GST, not 28%. The court emphasized the need for proper classification of goods. This…
The Kerala High Court addressed a bail application in a CSR funds scam case involving prime accused Anand Kumar, founder of the National NGO Confederation. The court examined the…
IPO-bound Zetwerk opens a new facility to boost electronics manufacturing. This expansion aims to enhance the company's manufacturing capabilities. The move reflects the company's…
Tesla has begun the homologation process of two electric car models ahead of its India entry. This move aims to comply with Indian regulatory standards. The move reflects Tesla's…
Go Digit founder-backed ValueAttics gets reinsurer license. This licensing allows the company to expand its financial services. The move reflects the company's growth and…
Sanjeev Kapoor's Wonderchef has turned profitable in FY24. This milestone reflects the company's improved financial performance. The move indicates positive trends in the…
Indians lost INR 1,935 Cr to digital arrest scams in 2024, according to the government. This data highlights the growing threat of cyber fraud. The government is taking measures…
The US Commerce Secretary has discussed Trump's big tax plan, which includes no federal income tax for Americans earning under a certain amount. This proposal aims to provide tax…
The CBI has nabbed a Rohtak Income Tax Officer red-handed taking a bribe. This action highlights the enforcement of anti-corruption measures. The move reflects the government's…
The Kerala High Court has allowed a taxpayer to avail benefits under a new amnesty scheme, despite not opting for it earlier. The court emphasized the need for fairness and…
The government flags security concerns ahead of Starlink's India launch. This move reflects the government's focus on national security. The concerns involve specific…
Urban Company has joined the quick commerce boom, and Supermoney Flipkart has surpassed CRED in UPI rankings. These developments reflect changes in the e-commerce and fintech…
Microsoft has inked a pact with the Andhra government to skill 2 lakh students in AI. This collaboration aims to enhance AI skills among students. The move reflects efforts to…
The Delhi High Court has overturned a GST ITC rejection due to a wrong branch GSTN invoice. The court emphasized the need for considering the substance of the transaction. This…
IndusInd Bank is one of the few instances when the RBI flagged its LOLR role. This event highlights the RBI's role as a lender of last resort. The move reflects the RBI's…
The Delhi High Court has sustained a customs fine and penalty on an Uzbek national for improperly importing 112 gms of gold at Delhi airport. The court emphasized the need for…
The ITAT has upheld overseas R&D expenses as capital expenditure, citing consistency with prior years. The tribunal emphasized the need for consistent treatment of similar…
DPIIT and Estee Lauder have signed an MOU to elevate India's beauty and personal care industry, assuring startup funding and mentorship. This collaboration aims to support…
The Indian stock market may return 12-15% in 12 months, with industrial and IT export sectors in focus. This projection reflects optimism about market performance. The focus on…
There is a need to make sustainable lifestyle choices available. This statement emphasizes the importance of promoting environmentally friendly practices. The move reflects…
Tamil Nadu budget includes a subsidy of ₹20,000 each to gig workers. This initiative aims to provide financial support to gig economy workers. The move reflects the state…
Rosmerta Digital Services has filed an insolvency plea against an Ola Electric subsidiary. This action highlights a financial dispute between the companies. The plea involves…
Wipro rejigs its business lines to align with client needs. This restructuring aims to improve the company's operational efficiency. The move reflects the company's strategic…
The Delhi High Court has overturned a GST ITC rejection due to a wrong branch GSTN invoice. The court emphasized the need for considering the substance of the transaction. This…
The Karnataka State CA Association has announced its 37th annual conference in March, with sessions themed around accountability. The conference aims to promote professional…
The Gauhati High Court has ruled that 12% GST is applicable on fruit pulp juice-based carbonated drinks, not 40%. The court emphasized the need for proper classification of goods…
The Bombay High Court has dismissed a plea against the mandatory use of FASTag at toll plazas. The court examined the legal aspects of the plea. The ruling focused on the validity…
A special court has rejected actress Ranya Rao's bail plea in a gold smuggling case. The court examined the legal aspects of the bail application. The ruling focused on the…
The Jammu and Kashmir High Court has granted bail to a rape accused after the complainant admitted to being his wife. The court considered the change in circumstances. This…
The Gauhati High Court has ruled that fizzy fruit juice is a fruit-based drink taxable at 12% GST, not 28%. The court emphasized the need for proper classification of goods. This…
The Delhi High Court has ruled that serious allegations of fraud constituting a criminal offense are non-arbitrable. The court emphasized the need for judicial oversight in…
The ITAT has deleted a ₹1.23 crore disallowance in bad debts for Thomas Press due to double taxation. The tribunal emphasized the need to avoid double taxation. This decision…
A daily wage worker has received a ₹22.86 lakh GST demand notice. This incident highlights potential discrepancies in GST enforcement. The move reflects the need for fair and…
The Delhi High Court has ruled that the withdrawal of an MSMED Council application does not preclude arbitration under Section 11, even without the council's response. The court…
The CESTAT has ruled that there is no service tax on services by an organizer in respect of a business exhibition held outside India. The tribunal emphasized the need for proper…
The Jharkhand High Court has directed state tax authorities to follow due procedure while passing adjudication orders and imposed costs for passing an order blatantly. The court…
The District Consumer Commission in Thrissur has ruled that the Consumer Protection Act protects the interests of consumers in business-to-consumer disputes, not for…
The Andhra Pradesh High Court has ruled that a notice under Rule 142 1A of the CGST Rules must be issued before issuing a proper show cause notice. The court emphasized the need…
The CESTAT has ruled that an amount deposited as service tax, if refundable, should not be treated as a pre-deposit under Section 35F of the Central Excise Act. The tribunal…
The CESTAT has ruled that service tax is leviable on the renting of immovable property. The tribunal emphasized the need for proper classification of services. This decision…
The CESTAT has ruled that installation and commissioning of goods after sale is not a works contract, and service tax is not leviable. The tribunal emphasized the need for proper…
Indians lost INR 1,935 Cr to digital arrest scams in 2024, according to the government. This data highlights the growing threat of cyber fraud. The government is taking measures…
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