From ROFR to liquidation preference, critical clauses shape control and exit rights in PE/VC deals. Proper understanding prevents future disputes and dilution risks.
When no TCS is collected and NIL filing is not mandatory, late fee under GST cannot be levied. Departmental delay in cancellation does not create fresh liability.
The Government has permitted up to 100% foreign investment in Indian insurance companies and intermediaries under the automatic route. The policy mandates IRDAI verification, resident Indian management requirements, FEMA pricing norms, and compliance with insurance laws.
Public Notice 47/2025-26 revises Para 4.73(19) of HBP 2023 by updating the laboratory’s suffix from DMCC to FZCO. The amendment takes immediate effect under FTP 2023 powers.
The Registrar of Companies penalised the company and its directors for non-compliance with Section 12 after official communication was returned undelivered. The violation was treated as a one-time offence under Section 12(8).
For the first time since Independence, personal income tax collections have surpassed corporate tax. The shift reflects formalisation, digitisation, and policy-driven corporate rate reductions.
Understand how direct and indirect taxes differ in imposition, collection, and legal framework. The article highlights governing laws, authorities, and landmark Supreme Court rulings shaping tax interpretation.
RBI’s 2025 Directions cap borrower and group exposures, tighten unsecured loan norms, and mandate portfolio diversification. The move strengthens concentration risk management and capital alignment for UCBs.
The Tribunal held that once satisfaction is recorded under Section 153C, assessment for covered years must proceed strictly under that provision. Framing assessment under Section 143(3) was declared jurisdictionally invalid and quashed.
The upgraded MCA21 V3 portal processed over 3.84 crore filings in five years and resolved 98% of helpdesk grievances in FY 2025-26. The initiative strengthens compliance, transparency, and digital governance.
