The draft directions consolidate existing CDS norms and add regulations for newer credit derivative products. The move seeks to expand market depth while maintaining strong prudential safeguards.
The draft directions remove the need for prior approval to open branches, signalling a shift toward faster and more flexible NBFC expansion while retaining regulatory oversight.
With GDP growth resilient and inflation near target, rates were left unchanged. The decision is accompanied by reforms on mis-selling, digital fraud protection, MSME credit, and market deepening.
Courts hold that retrospective cancellation of a supplier’s registration alone is insufficient to deny ITC. Authorities must prove lack of transaction genuineness or buyer collusion.
ITAT Delhi held that satisfaction note recorded before initiation of the proceedings u/s 153C of the Income Tax Act is not a valid satisfaction. Accordingly, proceedings u/s. 153C of the Income Tax Act is quashed since based on invalid satisfaction.
A single approval was granted for multiple years without examining seized material or draft orders. The Tribunal ruled that such omnibus approval vitiates proceedings under Sections 153A/143(3).
xplains how the functions performed by an Indian subsidiary are tested under Article 5 to determine whether a foreign company forms a PE in India.
Explains the Budget 2026 proposal allowing SEZ units to sell to DTA units at reduced duty and how it simplifies approvals while lowering costs.
Explains the most common entry-stage errors foreign investors make in India and how correct structuring and compliance can prevent regulatory setbacks.
The framework announces reciprocal tariff moves and sectoral openings on both sides. The key takeaway is a clear pathway toward a broader BTA with concrete, near-term gains.
