Understand deposit regulations under the Companies Act 2013, including eligible entities, exemptions, compliance requirements, and penalties for non-adherence.
RBI’s ₹2 lakh penalty cap for residual FEMA violations reflects a progressive shift—recognizing the difference between serious non-compliance and innocent procedural errors. If you’ve had small FEMA oversights in the past, now is the time to proactively fix them under this simplified regime.
Supreme Court refuses to reduce 18-month jail term for a lawyer convicted of using abusive language against a woman judicial officer during court proceedings.
Explore Supreme Court’s stance on reasoned orders in Indian tax law, highlighting accountability, judicial standards, and implications for GST and tax litigation.
A month-by-month guide to effective personal financial planning, covering goal setting, tax preparation, investment, and review for sustained financial well-being.
Explore India’s Goods and Services Tax (GST), an indirect tax implemented in 2017. Understand its structure, rates, administration, and impact on goods and services.
Explore GST rates and Input Tax Credit (ITC) restrictions on motorcycles, scooters, and electric two-wheelers in India. Learn about tax implications for businesses.
A writ petition challenging a rejected appeal due to a 285-day delay is reviewed. The court condones the delay, setting aside the rejection order, subject to an additional tax payment.
Govt amends FEMA rules to allow Indian firms in FDI-prohibited sectors to issue bonus shares to non-resident shareholders, with no change in ownership.
Notification 42/2025-Customs (N.T.) updates tariff values for imported palm oil, soyabean oil, brass scrap, gold, silver, and areca nuts, effective June 12, 2025.