In a recent ruling, the Karnataka HC held that Notice and endorsement issued without waiting for expiry of the appeal period of three months is illegal and arbitrary and liable to be quashed.
Key updates (1–8 Dec 2024): Income Tax, GST changes, SEBI reforms, RBI guidelines, and legal judgments on employment and banking. Stay informed on latest notifications.
Learn how to manage petty cash effectively with clear policies, custodianship, and organized records to avoid common challenges in small business financial operations.
SEBI’s amendments to LODR Regulations enhance transparency and governance for listed entities, impacting RPTs, disclosures, and compliance requirements.
Switzerland suspends the MFN clause with India following a Supreme Court ruling in the Nestle case, impacting dividend tax rates for both countries.
Understand the taxability of leave encashment, gratuity, and voluntary retirement benefits, with exemptions and limits under the Income Tax Act, 1961.
India needs a right to disconnect law to tackle workplace stress, ensure work-life balance, and protect employees’ mental health from overwork and burnout.
Learn about challenges in GST penalties and demands, misuse of provisions, taxpayer grievances, judicial intervention, and suggested reforms for a fairer system.
ESG principles are reshaping global business strategies, with growing focus on environmental, social, and governance impacts alongside financial performance.
ITAT Delhi rules that Section 43B does not apply to unclaimed service tax liabilities, partially allowing the appeals of Sircar Securities for AY 2017-18 and 2019-20.
