The Tribunal dismissed the Revenue’s appeal, holding that JDA-related income issues had already attained finality. Any attempt to reassess the same income in an earlier year would result in impermissible double taxation.
The regulator has mandated OTP or e-sign authentication for online NPS registration, ensuring explicit consent and declarations are captured digitally at the end of onboarding.
SEBI has issued detailed compliance requirements following amendments to the Merchant Bankers Regulations. The circular mandates higher net worth, liquid asset thresholds, and stronger governance standards.
A new export credit guarantee scheme has been rolled out to help MSME exporters access working capital without heavy collateral requirements. The initiative offers high guarantee coverage through a pilot framework.
The government introduces 2.75% interest relief on pre- and post-shipment export credit, helping MSMEs access cheaper working capital and expand exports.
