ITAT ruled that organising Kathas or Yagnas for charitable fundraising does not constitute a religious object under Section 80G. The trust’s dominant objects were charitable, and expenditure on religious events was minimal. Approval under 80G(5) was therefore directed by the Tribunal.
Covers the week’s most important regulatory changes across tax, customs, DGFT, SEBI, RBI, and labour laws. sweeping updates affecting trade, markets, banking, and employment.
India submits consolidated portfolio investment data to IMF twice a year, covering equity and debt securities, enhancing transparency of cross-border financial holdings.
Universal coverage under PF, ESI, gratuity, and digital portability strengthen worker welfare, including gig and migrant workers. The takeaway is broader safety nets and continuity of benefits.
Explains India’s rise to the top five global coffee exporters and its consistent USD 1+ billion export performance. Key takeaway: trade reforms and specialty coffee varieties are boosting global competitiveness.
A detailed overview of how GIFT City is transforming into a world-class financial hub with 1,000+ entities, strong regulation, tax incentives, and cutting-edge infrastructure driving India’s global competitiveness.
The new Labour Codes and maritime legislation ensure dock workers receive universal social security, health benefits, and legal recognition, creating safer, future-ready workplaces.
India’s Q2 GDP grew 8.2%, driven by manufacturing, exports, and rising labour participation, highlighting a resilient and broad-based economic recovery.
Innovative programs like PM GatiShakti and SMILE reduce logistics costs, enhance efficiency, and improve multimodal freight connectivity across India.
UIDAI has deactivated over 2 crore Aadhaar numbers to prevent misuse and maintain database accuracy. Family members can also report deaths via the myAadhaar portal for secure deactivation.
