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The Petroleum Ministry is advocating for the inclusion of natural gas within the GST framework to simplify the tax structure and encourage its usage as a cleaner energy source.…
GSTN issued an advisory explaining the e-invoice system's glossary, functionalities, and compliance steps to help taxpayers understand the process. The document highlights key…
The Finance Ministry issued a corrigendum to amend the jurisdictions of GST Appellate Tribunal GSTAT State Benches, aiming to address procedural challenges and improve…
The Bombay High Court refused to quash a complaint under the SC/ST Act based on WhatsApp messages expressing opinions about caste reservations. The accused argued that the…
The Delhi High Court rejected a plea challenging the awarding of a redevelopment contract to NBCC and Shapoorji Pallonji. The petitioner had alleged irregularities and favoritism…
The Bombay High Court imposed a fine of ₹5 lakh on a litigant for filing a frivolous case and wasting court time. The petitioner had initiated a groundless legal challenge, which…
A Bengaluru court dismissed a defamation suit filed by the late singer Manna Dey’s daughter over the content of a Bengali book. The author had allegedly portrayed the singer’s…
The Karnataka High Court set aside a ₹29 crore fine imposed by the National Green Tribunal NGT on the Indian Army for violations. The court ruled that the fine was arbitrary and…
Finance Minister Nirmala Sitharaman urged Regional Rural Banks RRBs to adopt advanced technology to improve operational efficiency and customer service. Speaking at a financial…
The number of women taxpayers in India has surged by 25.3% over the last four years, reflecting increasing financial independence and participation in the country’s economy.…
Businesses with an annual aggregate turnover AATO of ₹5 crore or more are now required to comply with GST e-invoice reporting. This regulation aims to promote transparency and…
IndiaMART announced plans to raise its stake in Mobisy Technologies by investing ₹14.3 crore. This move is part of the company’s strategy to strengthen its position in the B2B…
Flipkart announced plans to expand its quick commerce offerings to additional cities across India. The company's move highlights the growing consumer demand for ultra-fast…
Ola’s market share in the electric two-wheeler E2W segment dropped to 24% in November, reflecting a decline in registrations. The dip comes amid increasing competition from other…
The Reserve Bank of India RBI is ramping up efforts to encourage banks to adopt its artificial intelligence AI -powered fraud detection platform. The initiative aims to enhance…
MasterChow, a direct-to-consumer D2C Asian cuisine brand, raised $6.5 million in funding led by Tanglin Ventures Partners, Peak XV’s Surge, and others. The investment will be…
The Income Tax Appellate Tribunal ITAT remanded a case involving an ₹8.82 lakh fixed deposit FD investment to the Commissioner of Income Tax Appeals for fresh adjudication. The…
The Abu Dhabi Accountability Authority and the Government Enablement Department launched a Community of Practice CoP for internal auditors, fostering collaboration and…
Nazara Technologies’ subsidiary, Nodwin Gaming, acquired Trinity Gaming for INR 24 crore. The acquisition strengthens Nodwin’s position in India’s burgeoning esports and gaming…
Indian startups secured substantial funding during November 25-30, with notable deals across fintech, logistics, and consumer tech sectors. Investors continue to back…
Info Edge has filed an FIR against 4B Networks and its founder Rahul Yadav, accusing them of fund misappropriation and fraudulent practices. The complaint alleges that Yadav and…
ByondNxt raised fresh funding, leading to Zomato reducing its stake in the health-tech platform to 6%. This funding round signals growing investor interest in the health-tech…
UPI transactions in November witnessed a 66% month-on-month decline in volume but maintained a 38% year-on-year growth. While the dip can be attributed to seasonal factors and…
Bold Care, a health and wellness startup, is set to raise ₹30 crore in a new funding round aimed at scaling its operations, improving technological capabilities, and expanding its…
The Telecom Regulatory Authority of India TRAI assured there will be no delays in One-Time Password OTP deliveries after December 1, addressing concerns raised by stakeholders.…
Zomato raised INR 8,500 crore via a Qualified Institutional Placement QIP at an issue price of INR 252.62 per share. The funds will bolster Zomato’s growth initiatives, including…
The NCLAT ruled that proceedings under Section 61 of the Insolvency and Bankruptcy Code IBC , challenging directions by the Insolvency and Bankruptcy Board of India IBBI , cannot…
Cyclone Fengal brought heavy rainfall and strong winds to Chennai, prompting the suspension of operations at Chennai Airport. Authorities implemented precautionary measures to…
The government has removed mandatory registration requirements for select items, simplifying regulatory procedures for businesses. This decision aims to promote ease of doing…
The EPFO has introduced an amnesty scheme allowing employers to clear delayed provident fund payments with reduced penalties. The initiative aims to enhance compliance and ensure…
Suzuki Motorcycle India reported an 8% rise in sales, reaching 94,370 units in November. The growth reflects strong consumer demand and effective marketing strategies. The…
The stock market witnessed a combined market capitalization gain of ₹2.3 lakh crore among India’s top 10 companies, with LIC leading the rally. This surge reflects positive…
The Supreme Court Collegium has proposed Delhi High Court Chief Justice Manmohan for elevation to the Supreme Court, citing his expertise in tax law and substantial contributions…
The Authority for Advance Rulings AAR classified slaked lime containing less than 98% calcium oxide and calcium hydroxide as "slaked lime" under the Customs Tariff Act. This…
The Madras High Court granted an opportunity to the petitioner to contest a mismatch between Input Tax Credit ITC and Reverse Charge Mechanism RCM liabilities in the GSTR-3B…
The market valuation of nine of India’s top 10 most-valued firms surged by more than ₹2.29 lakh crore in a single week, showcasing strong investor confidence and economic…
The RBI faces a tough decision on a policy rate cut amidst balancing growth and inflationary pressures. The central bank’s monetary policy committee is under scrutiny as it weighs…
Defence PSU stocks surged up to 25% in five sessions, with Bharat Dynamics and Garden Reach Shipbuilders leading the rally. The sharp increase is attributed to growing investor…
The Supreme Court admitted a petition seeking enforcement of the Places of Worship Act, 1991, to prevent surveys of religious structures. The plea argued that such surveys disrupt…
The Supreme Court declined to stay a Tamil Nadu court’s virtual summons issued against ED officer Ankit Tiwari. Tiwari faced allegations of professional misconduct linked to an…
The Income Tax Appellate Tribunal ITAT provided relief to Toyota by quashing a separate benchmarking analysis of royalty payments after accepting the margin at the arm’s length…
The Ministry of Finance announced that H1 FY25 witnessed robust revenue growth, primarily driven by personal income tax collections, which grew by 21% year-on-year. This rise…
The Karnataka High Court ruled that Bengaluru courts have jurisdiction over defamation suits if defamatory books are sold in the city. The court clarified that jurisdiction under…
The Supreme Court sought a detailed response from the Uttar Pradesh Police regarding alleged inaction in the case of gangster Anurag Dubey. The petitioner claimed that despite…
The Supreme Court dismissed an FIR filed by the CBI over allegations of a fake vakalatnama submitted in a property dispute case. The vakalatnama purportedly bore the forged…
The Bombay High Court directed the Maharashtra State Commission for Protection of Child Rights to issue guidelines ensuring anonymity for minors involved in abortion cases. The…
The Supreme Court observed that denying bail due to delays in trials is not a solution to manage judicial backlogs. It emphasized the right to speedy trials and fair legal…
The Delhi High Court directed “The Morning Context” to move before a single judge regarding vacation of an injunction in a defamation case. The matter involved an OFB Tech-linked…
The Allahabad High Court addressed a PIL related to Sambhal violence, directing authorities to properly investigate FIRs against the District Magistrate and Superintendent of…
The Delhi High Court ruled that arbitrators cannot unilaterally set their fees unless expressly agreed upon by the parties. The court observed that such unilateral actions violate…
The Petroleum Ministry is advocating for the inclusion of natural gas within the GST framework to simplify the tax structure and encourage its usage as a cleaner energy source.…
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