India imposes definitive countervailing duty on certain effect pearlescent pigments from China PR for five years, effective June 26, 2025, due to subsidization and material injury to domestic industry.
India applies 5-year anti-dumping duty on Plastic Processing Machines from China PR and Taiwan to counter dumped imports and protect domestic industry.
SEBI issues new Industry Standards for Related Party Transaction approvals, effective Sept 1, 2025, aiming to standardize information for audit committees and shareholders.
PFRDA extends UPS option deadline for NPS-covered employees and retirees of Central Government to 30 September 2025. Applies to spouses of deceased retirees too.
Calcutta High Court held that Kolkata Municipal Corporation cannot levy advertisement tax without framing regulations or without the budget estimate prescribing the rates at which advertisement tax may be levied. Thus, demand notice on Cricket Association of Bengal bad-in-law.
NCLAT Delhi dismisses appeal by Bijay Pratap Singh, affirming the admission of CIRP against Unimax International over unpaid operational debt to Unimax International.
Gujarat HC ruled that rental income from a property held as stock-in-trade by a construction business is business income, not income from house property.
ITAT Kolkata held that filing of Form No. 67 is directory and no mandatory and the credit for foreign taxes cannot be denied for mere delay in filing the Form No. 67. Accordingly, appeal of the assessee allowed.
Bombay High Court reversed Reliance Securities Ltd.’s appeal dismissal, ruling a 4-day delay was due to late order communication. Case restored for merits.
Allahabad High Court invalidates GST order for lacking survey report, hearing, and notice of judgment pronouncement, upholding natural justice.
