In this piece, the author will discuss the reasoning behind the exclusion of work contracts from the ambit of MSME along with the possible impacts on the work contracts.
Explore how corporate governance is evolving with CSR, mandated by India’s Companies Act, 2013. Learn about CSR activities, amendments and its global impact on sustainable business.
India’s net direct tax collections fell by 1.34% to ₹562,827 crore by July 10, 2025, despite a 3.17% rise in gross collections, primarily due to a 38.01% increase in refunds.
IFSCA invites comments on draft master circulars for capital market intermediaries in IFSC, streamlining regulations for registration, operations, and compliance.
Adjudicating authority also in its order dated 03.12.2024, while considering the application filed by the RP for approval of the resolution plan has noticed all relevant facts, including the financial outlay and four contingencies as part of the resolution plan.
CESTAT remands Finolex Industries’ customs duty refund case, citing misapplication of Section 18(2) in provisional assessment finalization. Unjust enrichment debated.
ITAT Delhi held that apportionment of license fees as 10% towards recorded events and 90% towards live coverage instead of 5% and 95% as claimed by sports broadcasters. Accordingly, appeal partly allowed.
Delhi High Court held that appeal under section 35G of the Central Excise Act before High Court is not maintainable whenever issues of determining taxability are involved. Accordingly, present appeal is rejected.
Allahabad High Court rules that GST notices sent to registered email are valid, affirming that failure to update contact details doesn’t invalidate service.
Gujarat High Court rules no penalty can be levied on zero-rated supplies for e-way bill expiry if no tax is payable, reducing a 200% penalty to INR 25,000.
