The High Court will examine whether bail granted under the Section 45 proviso for women can be cancelled absent perversity or misuse of liberty.
IFSCA released draft regulations mandating authorisation, net worth, risk management, and governance standards for Electronic Trading Platforms in IFSCs. Cryptocurrencies are expressly barred from trading under the proposed framework.
The amendment confirms that once a draft assessment order is issued within limitation, DRP and final assessment timelines operate independently under Section 144C.
The Disciplinary Committee held that reconstituting the Committee of Creditors without authority and filing contradictory affidavits misled the Adjudicating Authority. The IP’s registration has been suspended for three years.
The Government has retained wheat exports as “Prohibited” but allowed shipment of 25 Lakh Metric Tonnes under specified conditions. Detailed modalities will be notified separately, maintaining regulatory control.
The government has permitted export of an additional 5 LMT of wheat flour under HS Code 1101, even though exports remain classified as Prohibited. Detailed procedures will be notified separately by DGFT.
The draft regulations introduce a structured framework for engagement of IFSC Financial Advisers by Financial Institutions. The move aims to enhance advisory-stage oversight and align IFSC with global regulatory standards.
The Ministry of Corporate Affairs has introduced CCFS-2026 allowing companies to file pending annual returns by paying only 10% of additional fees. The scheme offers a one-time compliance relief from 15 April to 15 July 2026.
Explore India’s online gaming legal framework, 28% GST on deposits, 30% tax on winnings, TDS rules, compliance duties for platforms, and key regulatory updates post-2023 amendments.
This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and certainty.
