Karnataka High Court rejects R.S. Enterprises’ challenge to GST Section 16(2) and directs them to statutory appeal against demand order.
Bombay High Court rules that interest subsidies received by banks from the RBI under the Export Credit Scheme are not taxable as ‘interest’ under Section 4 of the Interest Tax Act, 1974.
SEBI clarifies recent media reports, confirming it conducted search and seizure operations in June 2025 related to a “pump and dump” scam, with investigations ongoing.
Gauhati High Court sets aside GST registration cancellation for Devendra Singh Rathore, citing lack of proper notice and directing restoration after verifying dues.
SEBI has released a consolidated Master Circular for Research Analysts, incorporating all guidelines up to June 20, 2025, superseding previous directives for clarity and accessibility.
SEBI releases revised Master Circular for Investment Advisers, consolidating directions up to June 11, 2025. Previous circulars now rescinded and replaced.
India’s Ministry of Finance announces countervailing duties on Digital Offset Printing Plates from China and Taiwan for five years, following findings of subsidized exports and material injury threat to domestic industry.
Calcutta High Court permits Tara Marine Syndicate to file a composite challenge against a GST Section 74 show cause notice and its subsequent adjudication order.
RBI issues guidelines for Aadhaar Enabled Payment System to enhance ATO due diligence, risk monitoring, and fraud prevention, effective January 1, 2026.
CESTAT Chennai set aside penalties against a CHA employee for not verifying exporter credentials, ruling that CHALR 2004 applies, not direct Customs Act penalties, for such lapses.
