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The Taxscan story summarises remarks by the CBDT Chairman explaining that refund disbursals in 2025 experienced delays because a significant tranche of claims were “red-flagged”…
The article reports that the founders of logistics unicorn BlackBuck have sold shares worth ₹243 crore in a secondary transaction. This move comes ahead of the company’s strategic…
The Calcutta High Court questioned the logic of denying an auto-rickshaw permit merely because a bus permit existed for the same route—even though no buses were plying. The Court…
This Indian Express report narrates a case of a Jharkhand-based IT professional who was lured to Myanmar with the promise of a lucrative salary, only to find himself trapped in a…
This CAClubIndia report details the arrest of three businessmen in Maharashtra for allegedly submitting bogus Input Tax Credit ITC claims exceeding Rs 180 crore. Investigations…
This Indian Express feature examines a heated political exchange between Tamil Nadu Chief Minister M.K. Stalin and Prime Minister Narendra Modi over the metro project in Chennai…
This Taxscan piece reports a CESTAT order granting refund claims to a chartered-accountancy firm by holding that employee flight-ticket reimbursements made prior to the…
This Taxscan report covers a Calcutta High Court ruling that a taxpayer’s pre-deposit for challenging GST demands must be calculated only on the quantum genuinely in dispute and…
PhonePe continues its dominance in India’s digital payments landscape with a record 9.4 billion UPI transactions in October, maintaining its leadership over Google Pay and Paytm.…
The report covers the surge in WeWork’s share price after Jefferies issued a bullish “Buy” recommendation. Analysts believe the co-working firm’s restructuring, improved occupancy…
Edtech player PhysicsWallah debuted strongly on the stock market, closing its first trading session 44% above its issue price. The article highlights investor confidence in the…
Tractor Junction, a marketplace for agricultural tractors, has raised $2.25 million approx ₹ × crore to develop an AI-driven platform aimed at transforming tractor trading in…
This piece offers an inside look at Capillary Technologies’ technology architecture and business model as it transitions into life as a public company. It examines how Capillary’s…
The Patiala House and Saket courts in New Delhi were evacuated after a bomb scare. The article reports that security forces temporarily shut down both judicial complexes to ensure…
In a significant environmental-law decision, the Supreme Court has revived the mechanism for granting retrospective environmental clearances EC to projects that had begun or…
The Supreme Court has issued notice to the Union Government, CBI, Enforcement Directorate ED , and Anil Ambani in response to a PIL seeking a court-monitored investigation into a…
Capillary Technologies’ IPO saw strong investor interest with 5.1x oversubscription by Day 3. The SaaS company, known for its customer engagement and loyalty solutions, attracted…
The CBDT flagged delays in high-value ITR refunds for FY2024–25, indicating that taxpayers claiming significant refunds may receive them by December. The delay is attributed to…
The Kerala High Court has refused a plea seeking early opening of a forest path as a legitimate route to the Sabarimala temple on religious grounds. Petitioners argued that taking…
The Supreme Court has declined a Public Interest Litigation PIL that sought a uniform, environmentally friendly method to collect and dispose of used advocates’ white bands worn…
A Srinagar court has granted a three-day transit remand to the National Investigation Agency NIA for a key co-conspirator in the Red Fort car bomb blast case, identified as Jasbir…
The Bar Council of India BCI has told the Delhi High Court that its 2022 rules allowing foreign law firms and foreign lawyers to register in India do not require approval from…
The Delhi Police has argued before the Supreme Court that Umar Khalid and others in the 2020 Delhi riots conspiracy case should not be granted bail on the basis of earlier bail…
Justice Ujjal Bhuyan delivered a strong dissent in a Supreme Court review judgment concerning retrospective environmental clearances. He warned that allowing post-facto or…
A senior counsel before the Supreme Court flagged concerns regarding the sudden de-listing of the Rajasthan DISCOMs vs JSW matter from the roster. The counsel argued that the…
The article covers Justice Ujjal Bhuyan’s dissent criticizing a review judgment that upheld retrospective environmental clearances. He argued that the majority’s view weakens…
BigHaat, an agritech marketplace offering seeds, fertilizers, crop protection, advisory, and analytics to farmers, is set to raise additional capital in its Series C round, led by…
The Allahabad High Court acquitted an accused in the 1996 Modinagar bus blast case after ruling that the confession made to police was inadmissible under Section 25 of the…
The Calcutta High Court set aside the State Consumer Commission’s order sending a judgment-debtor to a correctional home for non-compliance with directions to hand over a flat,…
The report highlights concerns raised by senior counsel regarding the unexplained de-listing of the Rajasthan Discoms v. JSW matter from the Supreme Court’s roster bench. It flags…
PhysicsWallah PW , India’s fastest-growing ed-tech unicorn, debuted on the stock exchange at ₹145 per share, a 33% premium over its issue price. The strong listing signals…
Yubi formerly CredAvenue , India’s largest debt marketplace, has raised ₹411 crore in a new round as it continues to expand its debt-solutions ecosystem. The article outlines how…
Capillary Technologies’ IPO saw massive investor enthusiasm with a subscription of nearly 53 times on its final day. The SaaS-driven customer engagement and loyalty solutions…
Lohum, a leading Indian battery recycling and energy-materials startup, is set to begin its pre-Series C round with a $15 million raise. The company, known for its work in…
Mosaic Wellness, parent company of digital wellness brands like Man Matters and Be Bodywise, significantly reduced its FY25 losses by 70%, bringing total losses down to ₹12 crore.…
Bengaluru-based Axirium Aerospace secured $3.5M in funding to expand manufacturing capabilities for aerospace systems. The article explains how the startup plans to strengthen…
Dubai has launched a new “Founders HQ” initiative aimed at strengthening the emirate’s startup and SME ecosystem. The article discusses how the programme will provide workspace,…
Microsoft India reported a significant 39% rise in profits for FY25, driven by strong enterprise software demand, cloud-services expansion, and sustained growth in corporate…
The Bombay High Court quashed an income-tax reassessment notice issued to an entity that had ceased to exist due to amalgamation. The court reaffirmed that issuing notices to…
India’s UPI ecosystem witnessed all-time-high transaction volumes in October, although growth marginally softened after months of rapid expansion. PhonePe and Google Pay continued…
A major global outage at Cloudflare disrupted services for numerous platforms including X, ChatGPT, Shopify and others. The article explains how a technical failure in…
The ITAT has ruled in favor of a retired SBI employee, granting full exemption on leave encashment under Section 10 10AA . The tribunal held that the exemption applies to eligible…
Headnote: The Kerala High Court allowed the bail application of the petitioner/accused under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023, despite the serious…
Headnote: The ITAT allowed the assessee’s appeal for statistical purposes and remanded the matter to the CIT A for fresh adjudication. The issue concerned the reopening of…
Headnote: The Kerala High Court dismissed the appeal filed by the complainant challenging the acquittal of the accused under Section 138 of the Negotiable Instruments Act, 1881.…
Headnote: The Kerala High Court dismissed the writ petition challenging a detention order passed under Section 3 1 of the Kerala Anti-Social Activities Prevention Act, 2007 “KAA P…
CBIC introduced ICEGATE 2.0 to streamline approvals for MOOWR and MOOSWR permissions, enhancing digital compliance for importers and exporters. The platform enables faster…
A Mumbai resident was apprehended for allegedly committing a GST fraud worth Rs 75 lakh in Goa by using forged invoices. The case highlights ongoing enforcement efforts against…
The Madhya Pradesh government exonerated a former Satna collector accused of illegal government land transfer, following internal review and administrative inquiry. The decision…
India and Russia are negotiating new bilateral agreements during President Putin’s visit, covering trade, energy, defence, taxation, and strategic cooperation. The pacts aim to…
The Taxscan story summarises remarks by the CBDT Chairman explaining that refund disbursals in 2025 experienced delays because a significant tranche of claims were “red-flagged”…
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