Latest Articles
How to File a Claim on Your Germany Travel Insurance While You’re Still in Europe
Finance : This guide explains why filing a claim during your trip can make documentation easier and reduce delays. It outlines the correct s...
Suit for Mandatory Injunction Not Maintainable Where Title and Possession Are Disputed
Corporate Law : The Supreme Court held that where there is a serious dispute over title and possession, a suit for injunction alone is not maintai...
How a Definitive Investor Can Survive a Systemic and Institutional Collapse
Finance : This article explains deposit insurance limits, broker safeguards, and legal recovery mechanisms. It highlights diversification an...
Union Budget 2026: Banking Reforms & Key Actions for PSBs
Fema / RBI : The Union Budget 2026–27 proposes a High-Level Committee, NBFC restructuring, and bond market expansion to strengthen India’s ...
Conversion of LLP into Private Limited Company – A Complete Guide
Company Law : The guide outlines eligibility, documentation, and ROC filing requirements for converting an LLP into a private company under the ...
Latest News
ICAI Elects New President and Vice-President for 2026–27 Term
CA, CS, CMA : The 26th Council of ICAI has elected new leadership effective February 12, 2026. The announcement marks the beginning of the 2026â...
Draft- RBI [Rural Co-operative Banks – Kisan Credit Card (KCC) Scheme] Directions, 2026
Fema / RBI : The draft norms introduce a structured six-year Kisan Credit Card facility covering crop, allied and investment credit. Limits are...
Draft RBI (Housing Finance Companies) Amendment Directions, 2026
Fema / RBI : RBI has amended Housing Finance Company directions to align advertising and sales norms with NBFC Responsible Business Conduct rul...
Draft RBI (Non-Banking Financial Companies – Responsible Business Conduct) Amendment Directions, 2026
Fema / RBI : RBI’s 2026 amendment introduces strict norms on advertising, consent, bundling, and dark patterns for NBFCs. The move strengthen...
Draft RBI (All India Financial Institutions – Responsible Business Conduct) Amendment Directions, 2026
Fema / RBI : The draft amendment prohibits deceptive digital practices and compulsory bundling in product sales. Institutions must ensure expli...
Latest Judiciary
Reassessment quashed for wrong sanction u/s 151(ii) – Approval by PCIT invalid after 3 years – ITAT Chennai
Income Tax : Where more than three years had elapsed, approval from the higher specified authority was compulsory before issuing notice. Failur...
U/s 12AB registration cannot be denied on apprehensions – Matter restored; U/s 80G rejection also set aside – ITAT Mumbai
Income Tax : Tribunal clarified that registration proceedings cannot be based on speculative future violations, and set aside the rejection ord...
Cash found during survey explained – Gifts from relatives, professional receipts & firm withdrawals accepted; additions deleted – ITAT Bangalore
Income Tax : The Tribunal found that additions under unexplained money provisions cannot be sustained where the assessee provides credible docu...
U/s 80P(2)(d) deduction on interest restored to AO – Delay overlooked in interest of justice; verification directed as per SC ruling – ITAT Mumbai
Income Tax : Tribunal sent back the matter to the AO to verify eligibility of Section 80P(2)(d) deduction based on Supreme Court guidelines reg...
Reopening invalid – Failure to supply material u/s 148A(b) violates natural justice; assessment quashed – ITAT Mumbai
Income Tax : Citing judicial precedents, the Tribunal held that failure to provide underlying material before passing order under Section 148A(...
Latest Notifications
IRDAI clarifies on Insurers’ Investment in AIFs with Excusal Rights under Section 27E
Corporate Law : IRDAI Circular dated 12 February 2026 clarifies insurers’ investments in AIFs with Excusal Rights under Section 27E of the Insur...
Public Authority Not Liable to Provide Information Outside Its Domain: IBBI RTI Authority
Corporate Law : The appellate authority held that information can be disclosed only if it is held or controlled by the public authority. As the re...
RBI Revised Kisan Credit Card (KCC) Scheme
Fema / RBI : The RBI has issued draft guidelines extending the Kisan Credit Card tenure to six years and aligning drawing limits with actual cu...
Industrial Relations Code (Amendment) Bill, 2026 Introduced in Lok Sabha
Corporate Law : The Industrial Relations Code (Amendment) Bill, 2026 (Bill No. 33 of 2026), introduced in the Lok Sabha, seeks to amend section 10...
IRDAI Revises Liaison Office Rules for Foreign Insurers with Net Worth & Compliance Norms
Corporate Law : IRDAI has issued updated guidelines for establishing and closing liaison offices in India by overseas insurers. The framework sets...
Latest Downloads
FAQs
RBI advises public to check NBFC registration & authorization before depositing. Verify on RBI website & be cautious of high returns.
Indias Digital Rupee is a legal-tender digital form of cash issued by the central bank. The key takeaway is that it combines cash-like features with instant digital settlement and zero usage fees.
The FAQs explain revised Baggage Rules, 2026, enhancing duty-free limits, simplifying transfer of residence, and clarifying passenger categories to reduce disputes and speed up airport clearance.
Explains how Budget 2026–27 restructures tax provisions to reduce compliance burden and improve taxpayer experience. Highlights key exemptions, procedural simplifications, and enforcement rationalisation.
The India–European Union Free Trade Agreement (FTA) is a comprehensive pact covering trade in goods, services, rules of origin, trade remedies, intellectual property, sustainable development, and institutional mechanisms. On goods, the EU commits to eliminating tariffs on nearly 97% of tariff lines covering over 99% of India’s export value, delivering early gains across sectors such […]
