The Gujarat High Court has ordered major newspapers, including Times of India TOI , Indian Express, and Divya Bhaskar, to republish apologies for inaccuracies in their reporting.…
03/09/20241 min read
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The Gujarat High Court has ordered major newspapers, including Times of India TOI , Indian Express, and Divya Bhaskar, to republish apologies for inaccuracies in their reporting.…
The Income Tax Appellate Tribunal ITAT has invalidated an order issued by the National Faceless Assessment Centre NFAC due to the absence of a signature, deeming it legally…
The Supreme Court has ordered a status quo on the space allotted to the Senior Advocates’ Council at the Madhya Pradesh High Court. The order came in response to a dispute over…
The Rajasthan High Court has elucidated the components of the offence of illegal gratification under Section 7 of the Prevention of Corruption Act. The Court's detailed…
The Delhi High Court has ruled that the determination of gross tax liability under Section 53 by the Commissioner of Income Tax Appeals CIT A is final and cannot be revised. The…
The Delhi High Court has set aside the cancellation of a GST registration, ruling that the Show Cause Notice SCN issued to the taxpayer failed to provide specific details…
The Central Board of Direct Taxes CBDT has formed a review committee to examine and suggest amendments to the Income Tax Act. This move is part of the government's initiative to…
The Institute of Chartered Accountants of India ICAI has launched a Minimum Recommended Professional Fee Calculator aimed at helping Chartered Accountants CAs and CA firms…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has upheld a service tax demand of Rs. 2 crore against a stem cell umbilical cord blood bank. The tribunal ruled…
The GST Network GSTN has introduced a new Invoice Management System IMS to facilitate easy corrections of invoices on the GST portal. The IMS will enable businesses to correct…
The Goods and Services Tax Network GSTN has updated the interface for amending bank account details in the GST portal. This update pertains to non-core fields, meaning changes…
Vodafone Idea Ltd. VIL has been served with nine Goods and Services Tax GST notices demanding a total of Rs. 73 crore from multiple GST offices. These notices are related to the…
This article provides an update on the most active stocks of the day based on traded value. It highlights the top-performing stocks, market trends, and trading volumes. The…
Raymond Lifestyle is set to list on stock exchanges in early September. The article provides an analysis of the company's anticipated stock market debut, including expected…
Raamdeo Agrawal discusses how higher stock valuations are being driven by optimistic growth expectations. The article examines the factors contributing to elevated market…
Apple is preparing to enter the Indian music and TV streaming market more aggressively following its deal with Airtel. The article discusses the competitive landscape, including…
Changes in the NSE indices are expected to result in $633 million inflows for five specific PSU stocks. The article discusses the upcoming index rebalancing and its potential…
The Indian government has received a dividend of Rs 2,413 crore from Bharat Petroleum Corporation Limited BPCL , contributing to a total of Rs 15,389 crore in dividends for the…
The article announces the granting of Navratna status to four public sector companies. Navratna status is a prestigious designation that grants these companies greater operational…
Public Sector Undertaking PSU stocks have been rallying despite underlying issues like weak profitability and rising expenses. The article discusses how these factors are…
The article reports on the settlement of the merger deal between India’s Zee Entertainment Enterprises and Sony Pictures Networks India. This merger is set to create a significant…
The Indian government plans to develop 12 new industrial smart cities aimed at boosting MSMEs and creating employment opportunities. These smart cities will feature advanced…
The Chief of the State Bank of India SBI has announced that banks are now more comfortable lending to MSMEs, reflecting a positive shift in the financial landscape for small…
The State Bank of India SBI is now focusing on cash flow-based lending for MSMEs, aiming to simplify the loan approval process and better support small businesses. This approach…
Dr. Michael Patra, Deputy Governor of the Reserve Bank of India RBI , addressed the role of infrastructure and micro, small, and medium enterprises MSMEs in India’s economic…
Bajaj Housing Finance is aiming for a $7 billion valuation through its upcoming IPO. The company, a leading player in India's housing finance sector, plans to use the funds raised…
A recent report projects that India will boast 150 fintech unicorns with a cumulative valuation of $500 billion by 2030. This growth is driven by increasing digital financial…
The Insurance Regulatory and Development Authority of India IRDAI has raised concerns about the widespread misselling of life insurance policies. The issue involves agents…
This live update provides real-time information on the BSE Sensex and Nifty indices, offering insights into the stock market's performance. The updates include details on market…
The article explains how individuals can check their CIBIL score online for free using their PAN number. CIBIL scores are crucial for assessing creditworthiness and financial…
The article discusses recent penalties imposed on audit firms in India and the need for a revamp of the audit framework. It highlights the role of the National Financial Reporting…
The article explores the concept of joint auditing in India as a potential solution to enhance the auditing profession's effectiveness and credibility. Joint auditing involves…
The Bank of India has updated its fixed deposit FD rates for its Star Dhan Vriddhi scheme, offering revised interest rates for both the general public and senior citizens. The…
JM Financial's report discusses the growth of the fintech sector in India and potential opportunities for initial public offerings IPOs . The report highlights the rapid expansion…
Kotak General Insurance has rebranded as Zurich Kotak General Insurance following its acquisition by Zurich Insurance. This rebranding reflects the integration of the two…
A consumer court has ordered OYO Guest House to pay ₹16 lakh as compensation for damaging a customer's dream of attending a National Law University NLU . The compensation is a…
Justice B.V. Nagarathna has expressed discomfort with drawing a salary during summer vacations, indicating a personal ethical dilemma regarding compensation for periods of leave.…
BJP leader D. Krishna Kumar has approached the Supreme Court regarding an election issue involving a Congress MLA in Karnataka. The case involves legal challenges related to…
A heated exchange occurred in the Madras High Court when the bench decided to recall an earlier order that had quashed a case involving the Enforcement Directorate ED . The recall…
The Supreme Court has requested a report on a Madras High Court judge who continued delivering judgments after retirement. This situation raises concerns about the legality and…
The Madras High Court has taken action against a lawyer involved in forging a rent agreement and illegally occupying a property. The court's decision highlights the legal…
The Supreme Court is examining whether the Indian government has the authority to scan diplomatic packages in the context of the Kerala gold smuggling case. The issue raises…
The Supreme Court has ruled that bail release cannot be deferred once granted. This decision clarifies that once bail is approved, the accused must be released promptly without…
The Allahabad High Court has addressed the issue of false criminal cases being filed by spouses in the context of marital disputes. The court recognized the risk of such cases…
The Supreme Court has mandated that only lawyers physically present in court can mark their appearance, potentially limiting the use of online appearances. This decision aims to…
This article reviews Justice Hima Kohli's impactful tenure as a Supreme Court judge, focusing on her contributions to advancing women’s rights. Justice Kohli has been a notable…
The Delhi High Court has ruled in favor of Taj Hotels in a trademark infringement case against Taj Iconic. The court found that Taj Iconic’s use of a similar name infringed upon…
The Gujarat High Court criticized the Junagadh Municipal Commissioner for failing to address specific queries posed by the court. The court described the Commissioner's response…
The Bombay High Court has appointed two retired women judges to oversee the safety of children in educational institutions as part of the Beti Bachao, Beti Padhao initiative. This…
The Madras High Court has reserved its order on Jaffer Sait's plea to quash proceedings under the Prevention of Money Laundering Act PMLA . The case involves complex issues of…
The Gujarat High Court has ordered major newspapers, including Times of India TOI , Indian Express, and Divya Bhaskar, to republish apologies for inaccuracies in their reporting.…
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