ONGC’s MGO Charges From GAIL For Gas Shortfall Not Subject To GST: AAR
The Authority for Advance Rulings ruled that ONGC’s charges levied on GAIL for gas shortfall MGO charges do not attract GST. The decision clarifies taxability in energy supply…
Sorted by Latest
The Authority for Advance Rulings ruled that ONGC’s charges levied on GAIL for gas shortfall MGO charges do not attract GST. The decision clarifies taxability in energy supply…
The government is set to introduce amendments to the Companies Act during the Winter Session of Parliament aimed at expediting corporate mergers, enhancing electronic…
Grapevine, an emerging content and influencer marketing platform, is in advanced talks to raise its Series A funding round led by Kae Capital, with participation from existing…
The Institute of Chartered Accountants of India released clarifications on frequently asked questions regarding auditors’ opinions on financial statements. The FAQs address…
Prime Minister Narendra Modi emphasized that the spirit of ‘Vande Mataram’ is tied to the nation’s immortal consciousness and patriotic ethos. The statement underscores the…
The first gallery of the Yuge-Yugeen Bharat Museum is scheduled to open by the end of 2026. The museum aims to preserve and showcase India’s rich cultural, historical, and…
Gauhati High Court ruled that a customs appeal against the confiscation of gold worth ₹27.90 crore is not maintainable since the value of confiscation falls below the statutory…
Allahabad High Court stayed GST proceedings of ₹110 crore against Dabur in a dispute over the classification of Hajmola candy. The ruling protects the company from immediate…
Fintech firm EnKash reported a 77% decline in revenue during FY25 but successfully reduced its net losses by half. The company attributed the performance to market slowdown, cost…
Curefoods’ IPO approval signifies growing investor interest in food-tech and delivery startups transitioning toward the public market. The company intends to use the raised…
DroneAcharya, a prominent drone and mapping technology company, continues to perform positively in the market despite broader weakness among new-age technology stocks. The…
CESTAT ruled that expenses related to employee welfare as per the HR policy of SBI Cards are eligible for Cenvat credit. The decision provides clarity on input credit eligibility…
Same as above: The statement highlights the patriotic and cultural importance of ‘Vande Mataram’ as an embodiment of India’s enduring national consciousness and civic unity.
The article reports on violent clashes involving Tipra Motha party leader Pradyot Kishore Dhalai. It details incidents of civil unrest, police intervention, and legal proceedings.…
The National Company Law Tribunal – Bengaluru Bench refused a petition filed by the resolution professional of BYJU’S in relation to the proposed rights issue by Aakash…
The Gauhati High Court granted bail to a businessman accused of misusing ₹3 crore in fake GST credit. The court noted that prolonged custody was unwarranted given the…
PharmEasy has divested a 10 % stake in Thyrocare Technologies for approximately ₹668 crore. This strategic transaction enables the company to monetise its investment, strengthen…
Lenskart has raised ₹90 crore from notable investor Radhakishan Damani ahead of its anticipated public listing in November. The injection signals investor confidence and positions…
SEBI has issued a consultation paper to standardize the process of opening mutual fund folios and initial investments. The proposal seeks uniform documentation requirements,…
Apple has urged the Indian government to reform its tax policies to safeguard foreign investments and sustain large-scale iPhone manufacturing in India. The company cited the need…
The Institute of Chartered Accountants of India updated its UDIN portal to mandate reporting of audit opinions for assessees just before the tax audit deadline. The update aims to…
Lenskart Solutions, the Indian omnichannel eyewear brand backed by global investors, has filed its Red Herring Prospectus signalling its initial public offering opening on 31…
SEBI has permitted the transfer of Portfolio Management Services PMS businesses between portfolio managers to improve operational flexibility and simplify regulatory compliance.…
The International Financial Services Centres Authority IFSCA has formally recognized the Institute of Company Secretaries of India’s guiding principles on stewardship. This move…
The Himachal Pradesh High Court held that the State Energy Directorate lacked jurisdiction to reject applications for accreditation under the Renewable Energy Certificate REC…
A District Court in Delhi imposed costs of ₹6 lakh on advocate Mehmood Pracha who sought to declare the Ayodhya Verdict 2019 null and void, citing comments by D. Y. Chandrachud…
Student representatives of the Consortium of National Law Universities CNLU have raised concerns over the high cost of the entrance process for the Common Law Admission Test CLAT…
The Finance Ministry has approved changes in the names of several Regional Rural Banks across different states including Assam, Puducherry, Haryana, Chhattisgarh, Jharkhand, and…
Dr. Abhijit Phukon has been appointed as a Director on the Board of the Deposit Insurance and Credit Guarantee Corporation DICGC . His appointment is expected to strengthen the…
The Gujarat High Court held that the National Company Law Tribunal President has no authority to change or extend the territorial jurisdiction of a bench. The ruling came while…
PharmEasy has sold a 10% stake in its diagnostics arm, Thyrocare Technologies, for approximately ₹668 crore. The divestment aims to strengthen liquidity and balance sheet…
Reliance and Facebook have jointly formed a new artificial intelligence company through a ₹855 crore investment. The venture will focus on developing enterprise-grade AI…
Ola Electric’s board has approved a plan to raise up to ₹1,500 crore to expand electric vehicle production, improve battery technology, and scale its manufacturing capabilities.…
The Central government plans to pilot a national ride-hailing service named “Bharat Taxi” as an alternative to existing players like Ola and Uber. The initiative aims to provide…
Indian startups collectively raised $312 million in fresh funding during the week under review, showing a 57% decline from the previous week’s $737 million. The report highlights…
Curefoods, the parent company of EatFit and other food brands, has received approval from the Securities and Exchange Board of India to launch its initial public offering. The IPO…
Reliance Industries and Meta Platforms have entered into a joint venture named Reliance Enterprise Intelligence Limited, focused on developing enterprise-level artificial…
The National Company Law Tribunal NCLT has rejected the attempt by BYJU’s to block the EGM of Aakash for its rights issue, reaffirming that restructuring or shareholder-rights…
Catalyx Space, a Bengaluru-based space logistics startup, has raised USD 5.4 million in funding to build a full-stack space-logistics platform. The raise underscores India’s…
Ola Electric Mobility has secured board approval to raise approximately ₹1,500 crore in fresh funds. The capital raise is meant to bolster its manufacturing capacity, battery…
The Kerala High Court dismissed a challenge against the levy of parking fees by LuLu Mall Kochi, observing that use of commercial parking space constitutes a contractual…
The Madras High Court held that cryptocurrency qualifies as “property” under Indian law and can be held in trust, observing that virtual digital assets VDAs fall within the ambit…
The MP High Court held that repeated false allegations of alcoholism by the wife and persistent humiliation of the husband amounted to cruelty, thereby justifying divorce. The…
Government school teachers in Madhya Pradesh challenged the state’s rollout of an app-based attendance system 'Humare Shikshak' app , contending inadequate training,…
The Madhya Pradesh High Court granted decree of divorce to a husband after finding that the wife had levelled false allegations of alcohol addiction against him during matrimonial…
The Madhya Pradesh High Court MPHC dismissed an application by a government officer seeking the quashing of an FIR for alleged forgery of complaints lodged in his name and that of…
The Jammu & Kashmir and Ladakh High Court held that the National Highways Authority of India NHAI is under a statutory obligation to develop, maintain and manage national highways…
The Kerala High Court mandated the constitution of a Committee to review the standard checklist used by the Registry for scrutiny of newly-filed cases. The aim is to streamline…
The Ministry of Commerce and Industry released a guidebook for the accurate mapping of Harmonized System of Nomenclature HSN codes. The guide aims to assist exporters, importers,…
This opinion-column explores foundational themes of the rule of law and trust in legal institutions. It argues that public confidence in the judiciary and legal system depends not…
The Authority for Advance Rulings ruled that ONGC’s charges levied on GAIL for gas shortfall MGO charges do not attract GST. The decision clarifies taxability in energy supply…
Showing 50 of 42930 updates