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The Delhi High Court ruled that the cancellation of GST registration does not absolve a taxpayer from their existing tax liabilities or penalties. The court emphasized that the…
The Andhra Pradesh High Court ruled that attachment orders and garnishee notices are impermissible once an appeal has been filed against an assessment order under the CGST Act.…
The Delhi High Court ruled that assessment orders issued in the name of a non-existent entity cannot be rectified under Section 292B of the Income Tax Act. The case involved a…
According to a recent report by CRISIL, gross non-performing assets GNPAs in the banking sector are projected to improve to a decadal low in FY25. The report indicates a…
The Air India Group has achieved full integration between Air India Express and AIX Connect, marking a significant milestone in its operational efficiency. This integration is…
The Reserve Bank of India RBI has identified irregular practices in the gold loan sector and has urged lenders to review their policies. The RBI's scrutiny aims to ensure that…
Supertech has opposed the takeover plan proposed by the National Buildings Construction Corporation NBCC to complete 14,000 flats in its incomplete projects. Supertech argues that…
Life insurance policyholders in India are set to receive higher surrender values starting from October 1, 2024, due to a new directive from the Insurance Regulatory and…
The Income Tax Appellate Tribunal ITAT remanded a case for fresh consideration where Form 10B, required for claiming exemptions under Section 11, was not submitted due to a…
Aditya Birla Sun Life has launched a new 2-year Target Maturity Index Fund focused on AAA-rated NBFCs and Housing Finance Companies HFCs . This New Fund Offer NFO targets…
Mankind Pharma has received approval from the Competition Commission of India CCI for a Rs 13,630 crore deal to acquire Bharat Serums & Vaccines. The acquisition is considered a…
The government launched the PM eDrive subsidy scheme with an outlay of Rs 10,900 crore to promote electric vehicle EV adoption across India. The initiative will support domestic…
An RBI-constituted panel on MIBOR Mumbai Interbank Offered Rate recommended creating a new benchmark based on the secured money market, aiming to reduce volatility and improve…
The RBI has issued a stern warning to gold financiers, emphasizing the need for Non-Banking Financial Companies NBFCs to exercise caution in lending practices and risk…
The Reserve Bank of India RBI reported that 98% of Rs 2000 denomination notes have returned to banks following their withdrawal from circulation. The note exchange window is…
UP RERA has instructed promoters and real estate developers to strictly follow the RERA Act's provisions when advertising and promoting real estate projects. This move aims to…
The Uttar Pradesh Real Estate Regulatory Authority UP RERA passed five crucial orders to safeguard the interests of homebuyers. These orders were aimed at ensuring compliance from…
Shree Cement has signed a Memorandum of Understanding MoU with the Department for Promotion of Industry and Internal Trade DPIIT to support startups in the manufacturing sector.…
Cable operators across India have hiked tariffs by 5-10% due to rising costs imposed by broadcasters. The increase in costs is largely attributed to content acquisition and…
Dabur India has projected mid-single-digit revenue growth for the upcoming fiscal year, driven by a recovery in rural demand and inventory adjustments. The FMCG giant is focusing…
SEBI has made changes to the F&O trading framework, particularly affecting expiry day transactions. The new rules are intended to reduce volatility and ensure smoother settlement…
As of October 1, several key financial rules in India have changed. The most notable include the revised guidelines for Aadhaar-based verification, PPF rules, STT on F&O…
CVC-backed Moove Lubricants is targeting a valuation of up to $1.9 billion in its upcoming U.S. IPO. The company, which produces high-performance automotive lubricants, has grown…
The Delhi High Court has directed social media platforms to submit standard operating procedures SOPs for furnishing user information to law enforcement agencies. This ruling…
ClayCo Cosmetics, an emerging skincare brand, has secured $2 million in funding from Unilever Ventures, marking a significant milestone in its growth trajectory. The funds will be…
The Confederation of All India Traders CAIT has intensified its battle with e-commerce giants like Amazon and Flipkart, calling for the establishment of a dedicated e-commerce…
Zerodha has reaffirmed its commitment to its zero-brokerage model, despite SEBI’s new "True to Label" norms. The company's focus remains on ensuring affordable brokerage services…
Indian startup funding reached $3.4 billion in Q3 2024, marking a significant year-over-year growth. The ecosystem saw increased investment activity, particularly in early-stage…
The Open Network for Digital Commerce ONDC saw its first mutual fund transaction on its fintech platform. ONDC is expanding its digital commerce capabilities, enabling seamless…
The Madhya Pradesh High Court has raised concerns about a 9-day delay in filing an FIR in an attempted rape case. The Court noted that the delay appeared unnatural and could…
The Punjab and Haryana High Court has allowed a husband to rely on social media evidence to prove his wife’s alleged adultery in opposing her claim for interim maintenance. The…
The Bombay High Court has issued an injunction against five juice centers in Kerala for using the "Haji Ali" trademark. The court found that these businesses were infringing on…
The Madras High Court has directed the Tamil Nadu police to grant permission for the Rashtriya Swayamsevak Sangh RSS to conduct its planned route marches. The decision followed…
The Delhi High Court dealt with a case concerning the Standard Operating Procedures SOPs for handling information requests by police from tech companies like Meta and Google. The…
The Supreme Court has reserved its judgment regarding the legality of bulldozer demolitions in certain cases. The Court heard arguments about establishing an online portal to…
The Supreme Court directed the Enforcement Directorate ED to respond to Partha Chatterjee's bail plea in connection with the school jobs-for-cash scam. Chatterjee, a former…
The Supreme Court set aside a judgment of the Madras High Court, which was signed and uploaded after the retirement of one of the judges. The Court emphasized that judicial orders…
The Supreme Court ruled that changes to a government order cannot be applied retrospectively to alter established seniority rankings. The case involved a group of employees whose…
The Supreme Court cautioned advocates against filing baseless petitions, especially in family law cases, where false or exaggerated claims often arise. It flagged "outrageous…
The Supreme Court upheld the punishment of censure imposed on a sub-inspector of Uttar Pradesh police for failing to complete investigations in time. The court noted that timely…
The Supreme Court ruled that no further investigation can be ordered under Section 173 8 CrPC unless fresh material is brought on record. The court emphasized that an…
The Haryana Real Estate Regulatory Authority RERA ruled that in cases where a flat booking is canceled by the buyer, the builder is entitled to deduct cancellation charges but…
The NCDRC ruled that suppression of material facts in insurance contracts can lead to the rejection of claims. It stated that policyholders must disclose all relevant information…
In a significant ruling, the National Consumer Disputes Redressal Commission NCDRC held that verifying the defect in goods is crucial for granting compensation in consumer…
The Kerala High Court directed local self-governing bodies to take swift action against unauthorized hoardings and advertisement boards on public property. The court emphasized…
The Kerala High Court ordered municipal secretaries and district collectors to take immediate action regarding pothole-ridden roads in the state, holding them responsible for any…
The Madras High Court granted permission for an RSS route march, stating that the Tamil Nadu government had flouted its previous order permitting the march. The court criticized…
The Rajasthan High Court took suo moto cognizance of the plight of a widow living on the footpath with her two minor daughters, highlighting concerns for their safety and…
The Delhi High Court ruled on a case involving GST registration cancellation due to the non-payment of taxes after the due date. The petitioner argued that technical glitches on…
The Delhi High Court postponed the Bar Association elections following protests from women lawyers demanding reservations for female candidates. The court acknowledged that the…
The Delhi High Court ruled that the cancellation of GST registration does not absolve a taxpayer from their existing tax liabilities or penalties. The court emphasized that the…
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