Latest Articles
India’s New Labour Codes: A Complete HR & Compliance Guide
Corporate Law : This article explains how India’s four new labour codes are transforming wages, payroll, industrial relations, social security, ...
Disclosures required on Website of a Listed Company as per SEBI (LODR)
SEBI : This article explains the key website disclosure requirements imposed on listed companies under SEBI LODR Regulations, 2015. It hi...
Editable GSTR-3B & NGTP Tagging Turning Genuine GST Buyers into Soft Targets While Real Tax Defaulters Escape
Goods and Services Tax : The article explains how editable outward tax fields in GSTR-3B enable suppliers to evade tax payment while genuine buyers later s...
Customs Duty on Gold & Silver Raised to 15% (Effective May 13, 2026)
Custom Duty : The new customs notifications standardize the effective import duty on gold and silver bullion at 15% through revised BCD, SWS, an...
SC Seeks Extensive Data From Allahabad HC On Pending Criminal Cases
Corporate Law : The Supreme Court quashed criminal proceedings pending for 35 years, holding that prolonged prosecution violated the right to spee...
Latest News
SEBI Proposes Major Overhaul of Municipal Debt Securities Framework
SEBI : SEBI’s consultation paper proposes mandatory disclosures for refinancing of municipal debt, including lender details, repayment ...
SEBI Proposes Wider Use of Intraday Borrowing Facilities by Mutual Funds
SEBI : SEBI’s consultation paper proposes allowing mutual funds to use intraday borrowings for broader liquidity and cash flow manageme...
IRDAI Approves Risk Based Capital Framework for Insurers
Corporate Law : IRDAI approved drafting regulations for implementing a Risk Based Capital framework to strengthen solvency assessment and align In...
Representation for timely release of e-filing utilities for ITR for AY 2026-27
Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...
IFSCA Proposes Amendment to Align “Premium” Definition With Insurance Act
Finance : IFSCA released a consultation paper proposing changes to premium-related regulations after the Insurance Act, 1938 was amended thr...
Latest Judiciary
GST Insight Portal Mismatch Alone Cannot Justify Section 263 Revision
Income Tax : The ITAT Surat held that revision under Section 263 was invalid because the Assessing Officer had already conducted inquiries and ...
ITAT Sends Back Bogus Purchase & Cash Credit Additions for Fresh Decision
Income Tax : ITAT Surat restored reassessment appeals to the CIT(A) after observing that the assessee should receive one final opportunity to p...
ITAT Orders Exclusion of Comparable as DRP Had Already Held It Functionally Different
Income Tax : Delhi ITAT directed exclusion of a comparable company engaged in video conferencing solutions after noting that the DRP had alread...
ITAT Restricts Section 14A Disallowance as It Cannot Exceed Exempt Income
Income Tax : Lucknow ITAT held that disallowance under Section 14A read with Rule 8D cannot exceed the exempt dividend income earned by the ass...
ITAT Remands Bogus Purchase Case as Rice Miller Issue Is Pending Before HC
Income Tax : The Tribunal held that the first appellate authority should reconsider the matter after the jurisdictional High Court decides pend...
Latest Notifications
DGFT Clarifies UIN Generation Timeline for Export Credit Interest Subvention Claims Under EPM Scheme
DGFT : DGFT clarified that banks may submit interest subvention claims even where UINs were generated after export credit disbursal durin...
PFRDA Mandates PAN as Unique Identifier for Pension Agents Across Multiple NPS PoPs
Corporate Law : PFRDA clarified that Pension Agents working with multiple Points of Presence must be identified through PAN for better traceabilit...
IFSCA Issues Master Circular for Broker Dealers and Clearing Members
Finance : IFSCA consolidated the regulatory framework for Broker Dealers and Clearing Members in GIFT IFSC into a single Master Circular. Th...
IFSCA Clarifies Permissible Channels for Investment Advisers to Provide Implementation Services
Finance : IFSCA issued a circular explaining how Investment Advisers in the IFSC can provide implementation services for various financial p...
ROC Imposes Penalty for Missing PAN and Email Details in PAS-3 Filing
Company Law : ROC Chennai penalised a company and its director for failing to disclose PAN and e-mail IDs of allottees in Form PAS-3. The order ...
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FAQs
FAQs on SEBI – IVCA Annual Activity Report (AAR) is Prepared with reference to SEBI (Alternative Investment Funds) Regulations, 2012 and SEBI Master Circular for AIFs dated May 07, 2024. Annual Activity Report (“AAR”) introduced by SEBI in consultation with IVCA is a significant step towards standardized and granular reporting by Alternative Investment Funds (“AIFs”). The […]
The article explains that architectural, accommodation, and related immovable property services are governed by Section 12(3) of the IGST Act. It clarifies that the place of supply is linked to the property location rather than the recipient’s location.
The update addresses regulatory relief for NBFCs without public funds or customer interface. It allows eligible entities to operate without registration while ensuring continued oversight and compliance safeguards.
The issue concerns regulatory burden on smaller NBFCs without systemic risk exposure. The RBI introduced exemption for such entities under “Unregistered Type I NBFCs.” The key takeaway is that low-risk NBFCs may operate without registration subject to strict conditions.
The issue concerns delays in pension credit caused by banks. The guidelines mandate 8% interest compensation for such delays. The key takeaway is that banks are accountable for timely pension payments.
