News & Judgements

Two-wheeler EV sales jumped 24% month-on-month MoM in January 2025, with Ola Electric reclaiming its top spot in the market. The surge in sales reflects growing consumer interest…

The 2025 Union Budget announced plans to streamline merger and acquisition approvals, making the process quicker and more efficient. This move is aimed at reducing delays and…

The 2025 Union Budget proposed the introduction of an Investment Friendliness Index for states, designed to rank states based on their investment policies and ease of doing…

The Union Budget 2025 exempted duty on cobalt powder and lithium-ion batteries, which are essential for the production of electric vehicles EVs and renewable energy storage. The…

The Union Budget 2025 included a provision to extend startup incorporation benefits by an additional 5 years. This extension will provide startups with more time to avail…

The Union Budget 2025 increased the duty on interactive flat-panel displays to 20%, impacting businesses that rely on these products for presentations and communication. The…

The 2025 Union Budget includes a plan to introduce a light-touch regulatory framework to encourage ease of doing business in India. The framework aims to reduce bureaucratic red…

The proposed tax reforms in the 2025 Union Budget are expected to have significant impacts on startups, with measures designed to ease compliance and promote investment. The…

Chennai auto and cab drivers announced plans to boycott Ola and Uber services starting February 1, citing issues with fare rates and working conditions. The protest reflects…

WeWork India filed draft papers to raise funds through an Offer for Sale OFS , aiming to bolster its financial position. The company is looking to offload a portion of its equity…

UPI Unified Payments Interface recorded an all-time high of ₹16.99 billion in transactions for January 2025. The significant increase in transaction volume reflects the growing…

The Union Budget 2025 proposed increasing the investment limit for MSMEs by 2.5 times, aimed at boosting their growth and access to funding. The revised limit will make it easier…

The Union Budget 2025 includes a ₹10,000 crore Fund of Funds FoF for startups to help them scale up their operations. The allocation will focus on providing financial support to…

The 2025 Union Budget announced a new scheme for first-time SC/ST women entrepreneurs to promote their entry into business. The initiative aims to provide financial support and…

Unicommerce's shares skyrocketed by 13.37% following the release of its Q3 results, which showed impressive financial growth. The e-commerce platform’s strong performance was…

Honasa’s shares surged by 7% during intraday trading, following strong financial performance and growth prospects. The company, known for its personal care products, reported…

Apple India posted record-breaking quarterly revenue, with the iPhone being the top-selling product. The company saw strong sales growth in India, fueled by high demand for its…

Unicommerce's profits surged by over 62% in Q3 FY25, driven by strong revenue growth and operational efficiency. The e-commerce enablement platform reported impressive financial…

The weekly funding and acquisitions report for Indian startups from January 27 to February 1 highlighted major investment activity. Several startups received significant funding…

Ola Electric regained the top position in the electric two-wheeler market, capturing a 25% market share in January 2025. The company’s market performance was driven by increased…

The total value of UPI transactions for January 2025 reached nearly ₹17 billion, continuing the strong growth of digital payments in India. The Unified Payments Interface UPI…

The Kerala High Court ruled that police can investigate cases under Section 23 of the Protection of Children from Sexual Offenses POCSO Act without prior magistrate approval. The…

A survey on insolvency and bankruptcy resolution plans revealed that the average resolution takes 582 days, while liquidation processes typically take 499 days. The survey…

The Andhra Pradesh High Court decided that seniority for promotions in government service is determined by the date of promotion to the feeder category, not the date of initial…

The Rajasthan High Court ruled that an employee of the Rajasthan High Court who was seeking transfer due to his mother’s medical condition should be allowed to take leave for…

The Delhi High Court ruled that it is premature to examine objections to a movie based on the Delhi riots before the Central Board of Film Certification CBFC issues its decision.…

The Karnataka High Court ruled that the Bengaluru Advocates’ Association cannot impose a reservation for backward communities in the association’s membership policy. The court…

The Delhi High Court ruled that employees who die due to conditions related to their government service are entitled to extraordinary pension and ex-gratia compensation. The…

The Bombay High Court ruled that grounds for arrest must be provided in writing under Section 51 of the CrPC, particularly in cases under the NDPS Act and POCSO Act. The court…

The Punjab and Haryana High Court ruled that the Ministry’s policy on pension benefits for defense security corps personnel cannot override Supreme Court precedents. The court…

The Allahabad High Court quashed the Uttar Pradesh government’s order denying gratuity benefits to teachers who had retired or resigned before completing the minimum required…

The Allahabad High Court addressed the issue of prolonged incarceration and the right to a speedy trial under Article 21 of the Constitution. The court ruled that a delay in trial…

The Punjab and Haryana High Court ruled that armed forces personnel who are disabled due to service-related disabilities are entitled to full pension benefits, even if they have…

The Rajasthan High Court ruled on a case involving loan defaulters and the unlawful possession of mortgaged property. The case, involving AU Small Finance Bank, was brought before…

The Kerala High Court ruled on the applicability of the Special Marriage Act and the Foreign Marriage Act for Indian citizens, particularly in cases involving overseas marriages.…

The Union Budget 2025 proposed extending special tax exemptions for sovereign wealth funds and pension funds that invest in infrastructure. The extension aims to encourage…

The Union Budget 2025 proposed excluding litigation delays from the limitation period for passing income tax orders. If a case is delayed due to legal proceedings or litigation,…

The Central Board of Indirect Taxes and Customs CBIC released FAQs for taxpayers regarding indirect tax amendments in Budget 2025-2026. These FAQs aim to clarify the changes…

The Union Budget 2025 proposed a new time limit for filing refund claims under the Customs Act. The proposed amendment will ensure that taxpayers have a clear and predictable…

The Union Budget 2025 proposed rationalizing the time limit for imposing penalties. Under the new proposal, taxpayers will have more time to comply with penalty provisions under…

The Union Budget 2025 introduced a proposal to increase the TDS limit on dividend income from mutual funds to Rs. 10,000. Previously, the TDS was applicable once the dividend…

The Union Budget 2025 proposed to reduce the Tax Deducted at Source TDS rate on securitization trust investments from 30% to 10%. This change aims to make securitization…

The Union Budget 2025 proposed an amendment to ensure that certain provisions of the Income Tax Act do not apply in specific cases. The proposal focuses on ensuring that taxpayers…

The Union Budget 2025 proposed that the profits from Unit Linked Insurance Plans ULIPs be taxed as capital gains. Previously, ULIPs were exempt from tax under certain conditions.…

In the Union Budget 2025, the government proposed the removal of higher TDS/TCS rates under Sections 206AB and 206CCA for non-filers of income tax returns. Previously, non-filers…

The Union Budget 2025 proposes reducing the Tax Collected at Source TCS rate on timber and other forest products obtained under a forest lease. The finance minister announced this…

The Union Budget 2025 introduced a change to the Goods and Services Tax GST treatment for the supply of goods in Special Economic Zones SEZs or Free Trade and Warehousing Zones…

The Union Budget 2025 introduced a change regarding the calculation of time limits for compliance under Section 206C of the Income Tax Act, specifically in cases of a court-stayed…

The Union Budget 2025 proposed an increase in the threshold for Tax Deducted at Source TDS on bank fixed deposits FDs . Under the proposal, TDS on interest earned from FDs will…

The Union Budget 2025 proposed the delayed implementation of the faceless scheme for Income Tax Dispute Resolution Panels DRP . The scheme, aimed at eliminating human interface…