The 2026 Directions require eligible NBFCs to appoint independent Internal Ombudsmen to review partially resolved or rejected complaints. The move ensures fairness, transparency, and stronger customer protection before complaints are closed.
The new framework requires eligible non-bank PPI issuers to appoint an independent Internal Ombudsman to review rejected or partially resolved complaints, ensuring fairness before closure.
The 2026 Directions mandate independent Internal Ombudsmen in credit information firms to review rejected or partially resolved complaints before closure.
The Tribunal ruled that inventory figures from a management Excel sheet, without quantity details or physical verification, cannot form the basis of an addition. Properly recorded GST-compliant sales explained the variance.
This explains why non-refundable tender fees qualify as taxable consideration under GST. It clarifies that access to a tender process is treated as a supply of services.
This clarifies how cash receipts are tested on daily, transaction, and occasion-based thresholds. It explains why breaking payments into parts does not avoid penalty exposure.
This explains the end-to-end regulatory framework governing medical device imports into India. It highlights why compliance with CDSCO, DGFT, BIS, Customs, and GST laws is essential for smooth clearance.
Telangana HC held Rule 39 “same month” ISD ITC distribution ultra vires Section 20 (pre-01.04.2025), protecting accumulated credit; timelines apply post-amendment.
The government has notified income-tax exemption for specified welfare-related receipts, subject to strict non-commercial and compliance conditions.
The government has officially notified Bhogapuram for unloading imports and loading exports, expanding authorised customs locations under the Customs Act.