The Supreme Court of India has issued strict, time-bound orders for all states to implement the PoSH Act by forming Local and Internal Committees.
The Supreme Court of India dismissed a Special Leave Petition by the ACIT against a taxpayer, citing a department concession in a previous, related case.
The Karnataka High Court has quashed a penalty order against a taxpayer, directing the tax authorities to verify if a valid appeal was filed before proceeding.
Supreme Court disposes NFRA case against Charmi M Shah, permitting objections to Show Cause Notice within four weeks; no coercive steps until NFRA issues order.
The ITAT upheld the denial of 80G registration to a trust, ruling that a trust with explicit religious objects in its deed does not qualify for tax benefits.
SEBI’s AIF (Second Amendment) Regulations, 2025, introduce a framework for co-investment schemes and revise the operational norms for Angel Funds.
Explore SEBI (ICDR) (Second Amendment) Regulations, 2025. Key changes include expanded mandatory dematerialization and updated Social Stock Exchange norms.
SEBI alters settlement dates for cash, derivatives, and SLBM segments due to new holidays, impacting trade processing and corporate action timelines.
DGFT notification amends export policy for animal by-products used in pet food, requiring veterinary inspection and certification in line with EU regulations.
IFSCA circular specifies fee structure for Fund Management Entities offering third-party fund management services detailing application authorisation and recurring fees.
