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The Competition Commission of India CCI has concluded its investigation into the alleged abuse of dominant market position by the Table Tennis Federation of India TTFI . The CCI’s…
The Central Board of Indirect Taxes and Customs CBIC has issued a clarification regarding the eligibility of Input Tax Credit ITC for goods delivered under Ex-Works contracts.…
GST collections for December 2024 showed a 7.3% year-on-year growth, totaling ₹1.77 lakh crore, signaling a robust economic recovery. The revenue increase reflects positive trends…
The CBIC has clarified the place of supply for online services provided to unregistered recipients under the GST regime. The clarification is significant for businesses engaged in…
The GST Network GSTN has released an advisory to taxpayers concerning the extension of e-way bills that expired on December 31, 2024. The advisory provides crucial details for…
The Gujarat High Court has allowed a refund of excess GST paid due to a system error, even though interest was not awarded. The case involved a taxpayer who had paid more GST than…
GST collections for December 2024 showed a 7.3% year-on-year growth, totaling ₹1.77 lakh crore, signaling a robust economic recovery. The revenue increase reflects positive trends…
The CBIC has clarified the GST treatment of vouchers, addressing the complexities businesses face in classifying and taxing these financial instruments. Vouchers, which may be…
The Income Tax Appellate Tribunal ITAT dismissed an appeal related to the rejection of a refund claim and a rectification application. The appeal arose from a dispute over the…
The National Company Law Appellate Tribunal NCLAT ruled that a Corporate Insolvency Resolution Process CIRP application cannot be withdrawn without the filing of an application by…
Accel Partners has raised $650 million for its new India fund, focusing on investments in high-growth sectors in India’s startup ecosystem. The fund aims to support innovative…
The CBIC has issued a clarification concerning the eligibility of Input Tax Credit ITC for e-commerce operators under Section 9 5 of the CGST Act. The clarification outlines the…
The Central Board of Indirect Taxes and Customs CBIC has issued a clarification regarding the eligibility of Input Tax Credit ITC for goods delivered under Ex-Works contracts.…
Finance Minister Nirmala Sitharaman has defended India’s tax policies and signaled potential reforms aimed at benefiting the middle class in the future. Addressing concerns about…
The Income Tax Department has firmly rejected claims suggesting that DigiYatra data is being used to track tax evaders. According to the department, such allegations are baseless,…
The Pre-Budget 2024-25 discussions have highlighted several key priorities, including tax relief for the middle class, reduction in fuel duties, and increased public capital…
UPI Unified Payments Interface reached an all-time high of 16.73 billion transactions in December 2024, marking a significant milestone in digital payments in India. This surge in…
Suniel Shetty-backed Klassroom Edutech has raised significant funding to advance its use of AI in the education sector. The platform aims to revolutionize learning with the help…
PB Fintech, the parent company of Policybazaar and Paisabazaar, has witnessed a surge in its share price, hitting an all-time high, pushing its market capitalization to nearly $12…
The Karnataka High Court directed the trial court to decide on the interim bail application of the wife of Atul Subhash, who is facing serious charges. Subhash’s wife had…
The Supreme Court is scheduled to hear a petition regarding the ASI survey of the Bhojshala complex, which is intertwined with issues related to the Places of Worship Special…
Accel Partners has raised $650 million for its new India fund, focusing on investments in high-growth sectors in India’s startup ecosystem. The fund aims to support innovative…
UPI Unified Payments Interface reached an all-time high of 16.73 billion transactions in December 2024, marking a significant milestone in digital payments in India. This surge in…
The ITAT has quashed a disallowance of interest credit that had already been confirmed as genuine. The case involved a taxpayer whose interest credit was disallowed by the AO due…
Aye Finance, a fintech company that provides small businesses with affordable credit, has raised INR 110 crore in debt funding ahead of its planned initial public offering IPO .…
The Rajasthan High Court has heard a case involving the cancellation of bail for an Air Force personnel accused of suppression of facts. The court was asked to review whether the…
The Allahabad High Court has ruled on a case involving a husband and wife’s relationship, ownership, and privacy concerning intimate videos. The case examines the issue of privacy…
SEBI Securities and Exchange Board of India has introduced a new framework called the "MF Lite" to simplify compliance for passive mutual funds. This move is designed to…
PB Fintech, the parent company of Policybazaar and Paisabazaar, has witnessed a surge in its share price, hitting an all-time high, pushing its market capitalization to nearly $12…
Aye Finance, a fintech company that provides small businesses with affordable credit, has raised INR 110 crore in debt funding ahead of its planned initial public offering IPO .…
A new report indicates that 60% of founders are seeing an increase in investor interest in secondary deals, which involve the sale of shares by existing investors or founders. The…
In December, Bajaj Auto and TVS Motors surpassed Ola Electric in electric two-wheeler sales. Bajaj and TVS, two major players in the traditional two-wheeler market, have made…
The Bombay High Court has been monitoring the investigation into the murder of Govind Pansare. The case, which involves the murder of the prominent activist and his wife, has led…
The Madhya Pradesh High Court has upheld the right of a couple to live in a relationship under Article 21 of the Constitution. The case dealt with a couple’s fundamental right to…
The Delhi High Court has directed medical treatment for an HIV-positive transgender woman despite a lack of ID proof. The case highlights the rights of transgender individuals to…
The co-founder of Nestaway, a leading property rental startup, has accused major investors including Tiger Global, Chiratae Ventures, and Goldman Sachs of fraudulent actions. The…
Traya, a health-tech startup focused on hair restoration, has reported a revenue of INR 236 crore for FY24 and has turned profitable. The company's growth is attributed to a…
The Indian stock market started 2025 on a weak note due to foreign fund outflows and global economic uncertainties. The Sensex and Nifty opened lower, reflecting concerns over…
The Sensex and Nifty indices began 2025 with a strong rally, bolstered by buying activity in blue-chip stocks. The positive momentum came as investors welcomed the new year,…
Ola Electric continues to make waves in the electric mobility space with innovations in electric two-wheelers. As one of the leaders in India’s EV market, Ola Electric is rapidly…
The Supreme Court ruled that under Section 142 of the Negotiable Instruments Act NI Act , it is inappropriate to dismiss or quash a complaint for cheque dishonour solely on the…
In the case of gangster Mukhtar Ansari's death in a Uttar Pradesh jail, the Supreme Court directed the state authorities to provide medical and inquiry reports related to his…
SEBI is continuing its regulatory proceedings against Zee Entertainment Enterprises Limited ZEEL for alleged corporate governance violations. The Securities and Exchange Board of…
DMart, the leading Indian retail chain, has reported a 17% year-on-year revenue growth for the third quarter, reaching INR 15,565 crore. The company's strong performance reflects…
India's Unified Payments Interface UPI has witnessed an 8% growth in transaction volume, reaching a record INR 16 trillion in December. The increasing adoption of UPI reflects the…
Balmer Lawrie, a public sector company, has announced an equity funding of INR 1 crore for Naptapgo, a startup in the technology and logistics sector. The funding aims to support…
The Indian rupee has hit a record low of INR 85.76 against the US dollar despite interventions by the Reserve Bank of India RBI . The currency’s depreciation is largely attributed…
Reliance Jio, a subsidiary of Reliance Industries, is planning an IPO valued at INR 40,000 crore, with a valuation of $120 billion. The IPO is expected to be one of the largest in…
The Reserve Bank of India RBI has introduced a new initiative aimed at preventing incorrect fund transfers via RTGS Real-Time Gross Settlement and NEFT National Electronic Funds…
The Bombay High Court concluded its monitoring of the investigation into the murder of Govind Pansare, a prominent social activist. The Court directed that the trial be expedited,…
The Competition Commission of India CCI has concluded its investigation into the alleged abuse of dominant market position by the Table Tennis Federation of India TTFI . The CCI’s…
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