PFRDA mandates Aadhaar-based authentication for NPS transactions in government offices, enhancing security with two-factor login from April 1, 2024.
SEBI mandates AMCs to allocate 2 basis points for investor education, including financial inclusion, under the Mutual Fund Regulations, 1996.
Kerala HC rules that availing CGST/SGST credit instead of IGST does not lead to revenue loss. Orders reconsideration of penalty on Kalleppuram Metals.
Emperium Constructions Pvt Ltd fined Rs. 50,000 for delayed INC-20A filing. Directors penalized Rs. 19,000 each under Section 10A of Companies Act, 2013.
Delhi High Court quashes GST order against Snar Homes Developer, citing non-consideration of the petitioner’s reply. Fresh proceedings allowed per law.
Calcutta High Court dismisses Md. Firoz’s plea against GST registration cancellation, citing lack of evidence and non-response to tax authorities.
The Income-Tax Bill 2025 simplifies house property income taxation, reducing complexity while maintaining key provisions for better taxpayer understanding and compliance.
India’s Income Tax Department shifts to a taxpayer-friendly approach, prioritizing silent recoveries, refund adjustments, and reduced coercion for pending tax demands.
Madhya Pradesh High Court dismisses Canara Bank’s GST writ, citing an available statutory appeal under Section 107 of CGST Act. Read the full legal analysis.
Madras High Court sets aside GST interest and penalty order, citing prior ITC reversal. Petitioner gets a final chance to file objections. Read the case details.
