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HAL responded to a news report alleging Sebi's investigation into insider trading involving Rajat Mishra by clarifying that, according to the information available to the company,…
The Kerala High Court ruled that a man cannot challenge a child's paternity if his conduct shows otherwise. In 2022, the petitioner sought a DNA test, but the Family Court…
RBI Governor Shaktikanta Das emphasized the need for banks to ensure their information technology systems' capacity aligns with their business growth. He reiterated the central…
The newly formed NDA government is considering key proposals to enhance and review its flagship developmental programs, informed sources told CNBC-TV18. \r Suggestions include…
The RBI imposed a ₹25,000/- penalty on Vishwakalyan Sahakara Bank Niyamit, Karnataka, for non-compliance with RBI's exposure norms and statutory restrictions. The penalty, under…
Rajnath Singh, continuing as Defence Minister, prioritizes reforms, including promoting exports and bolstering domestic defence manufacturing. His tenure emphasizes self-reliance…
The Delhi High Court ordered a re-adjudication of a GST Show Cause Notice SCN against the petitioner concerning incomplete supporting documents. The petitioner contested the…
Chennai-based workflow automation software provider Kissflow has undergone a restructuring, resulting in the layoff of approximately 45 employees across India, the US, and the UAE…
Nithin Kamath, head of Zerodha, highlighted regulatory changes by the market regulator since 2019 to enhance market safety and investor-friendliness. He particularly noted the…
The Gujarat Authority of Advance Ruling AAR ruled that 18% GST applies to Zero Liquid Discharge ZLD treated water. The water from the Common Effluent Treatment Plant CETP ,…
The Delhi ITAT disallowed the Section 54 deduction claim as the taxpayer failed to construct a residential house within the specified time. Sandeep Hooda sold a property in 2014,…
Shachindra Nath, Founder & MD of UGRO Capital, reveals plans to expand from 105 to 250 locations this year and 400 next year, focusing on tier II to V towns. Around 60-70% of…
The Reserve Bank of India RBI imposed a ₹50,000/- penalty on The Prakasam District Co-operative Central Bank Ltd, Andhra Pradesh, for non-compliance with NABARD's guidelines on…
The RBI, through an order dated June 03, 2024, levied a ₹1,00,000 penalty on The Angul United Central Co-operative Bank Ltd., Odisha for breaching the KYC Master Direction of…
The RBI, through an order dated June 03, 2024, levied a monetary penalty of ₹1.00 lakh on India Home Loan Limited for breaching provisions of 'The Housing Finance Companies NHB…
The RBI, through directive CO.DOS.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, initially imposed Directions on Pune Sahakari Bank Ltd., Pune, Maharashtra, effective…
Ashv Finance, an MSME-focused NBFC under Aavishkaar Group, partnered with HDFC Bank to offer unsecured business loans to micro and small enterprises. The deal aims to enhance…
An application has been filed in the Supreme Court, urging the Union Government and SEBI to furnish a detailed report on the Share Market crash post the Lok Sabha 2024 Polls…
The Directorate of Enforcement ED , Delhi Zonal Office provisionally attached movable and immovable assets worth Rs. 5.37 Crore belonging to Amit Kansal, Sanjay Kansal, Rekha…
As per GOI Notification F.No.4 25 - W&M/2017 dated October 06, 2017, and F.No.4 7 – B W&M /2019 dated May 30, 2019, premature redemption of Sovereign Gold Bonds SGB may occur…
The Uttar Pradesh Real Estate Regulatory Authority UP RERA recently mandated builders in Noida and Greater Noida to obtain occupancy or completion certificates before issuing…
The RBI, through directive CO.DOS.SED.No.S1917/12.22.212/2023-24 on June 13, 2023, placed The Rajapur Sahakari Bank Ltd, Mumbai under Directions from June 14, 2023, to December…
The Madras High Court ruled that co-operative societies under the Tamil Nadu Co-operative Societies Act are not considered "public authorities" under the Right to Information Act…
The proposed selection criteria by the market regulator could lead to the inclusion of popular stocks like LIC, Jio Financial Services, Zomato, and Paytm into the derivatives…
PV Sindhu, the celebrated badminton champion, has disclosed her investment in the agritech startup Greenday's FMCG brand, 'Better Nutrition,' alongside assuming the role of the…
The RBI, through directive CO.DOS.SED.No.S8241/12-22-316/2022-2023 on March 09, 2023, placed Defence Accounts Cooperative Bank Ltd, Pune under Directions from March 10, 2023. By…
The Madras High Court praised Tamil Nadu's efforts to create a safe space for the transgender and LGBTQIA+ community through its Gender and Sexual Minority Policy. Justice Anand…
Sebi plans to auction 22 properties of seven companies, including Pailan Group and Vibgyor Group, on July 8 to recover funds collected illegally from investors. Calcutta High…
Sebi's recent circular, issued on June 10, exempts existing mutual fund investors and unitholders from having their portfolios and demat accounts frozen due to non-submission of…
HAL responded to a news report alleging Sebi's investigation into insider trading involving Rajat Mishra by clarifying that, according to the information available to the company,…
The Punjab and Haryana High Court ruled that auction proceedings based on a quashed ex-parte ITAT order are void from the beginning. Justices directed the department to restore…
The Punjab and Haryana High Court ruled that auction proceedings based on a quashed ex-parte ITAT order are void from the beginning. Justices directed the department to restore…
The Delhi High Court emphasized the importance of ethical conduct and fairness for official liquidators in discharging their duties under the Insolvency and Bankruptcy Code IBC ,…
The National Company Law Appellate Tribunal, Principal Bench upheld the National Company Law Tribunal's decision, stating that the Insolvency Bankruptcy Code IBC , 2016 does not…
The National Company Law Appellate Tribunal NCLAT , Chennai bench, dismissed appeals by four investors against Byju's for allegedly breaching directives. NCLAT noted the…
CBDT has revised the jurisdiction of certain Income Tax Authorities under Section 120 of the Income-Tax Act, 1961, effective from June 6, 2024. Notification No. 50/2024, issued on…
Bajaj Housing Finance, a subsidiary of Bajaj Finance, has filed papers with SEBI for an IPO to raise Rs 7,000 crore. The IPO consists of a fresh issue of up to Rs 4,000 crore and…
The Delhi High Court upheld the constitutional validity of Section 71 3A of the Income Tax Act, dismissing a writ petition challenging its amendment. The petitioner contested the…
The National Consumer Disputes Redressal Commission, chaired by Mr. Subhash Chandra, ruled that under Section 13 1 c of the Consumer Protection Act, an expert's report is…
The Delhi High Court ruled that reassessment actions related to searches conducted on or after April 1, 2021, must adhere to the First Proviso to Section 149 1 of the Income Tax…
The Mumbai Bench of Income Tax Appellate Tribunal ruled that disallowance under section 14A of the Income Tax Act isn't applicable to investments not generating tax-free income.…
The Delhi High Court quashed an order under Section 197 of the Income Tax Act, 1961, concerning a one-time voluntary payment by Flipkart Pvt. Ltd., Singapore FPS to option holders…
The Karnataka Authority for Advance Rulings ruled that the supply of database services to AIIMS under the "Clinical Key" subscription is not exempt from GST under Notification No.…
The Competition Commission of India CCI is soliciting stakeholder feedback on proposed amendments to the CCI General Regulations, 2009, in response to recent alterations to the…
The Karnataka Authority for Advance Rulings ruled that it cannot address issues not covered under Section 97 2 of the CGST Act, 2017. M/S. Sri Srinivasa Constructions India,…
The Goods and Services Tax Council has issued a warning about phishing scams, clarifying that they do not initiate calls, emails, or messages to request GST payments. A public…
The Rajasthan High Court granted the revenue department time to file a reply against S S Marketing's challenge to the validity of GST notifications extending the limitation period…
The Kerala High Court dismissed M/s I.T.I. LTD's sales tax revision petition, upholding the Appellate Tribunal's denial of a concessional tax rate for Rs. 2,95,15,307/- and…
The Allahabad High Court dismissed the writ petition by M/s Akhilesh Traders, upholding penalty orders under Section 129 3 of the GST Act. The petition challenged the penalty for…
The Gauhati High Court invalidated a reassessment order under Section 40 of the Assam VAT Act, 2003, citing late filing of tax returns and the lapse of the five-year assessment…
HAL responded to a news report alleging Sebi's investigation into insider trading involving Rajat Mishra by clarifying that, according to the information available to the company,…
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