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Archive: 06 April 2026

Posts in 06 April 2026

क्या दिवालिया कानून कोड संशोधन के बावजूद प्रभावी होगा?

April 6, 2026 474 Views 0 comment Print

इस विश्लेषण में बताया गया कि दिवाला कानून अपेक्षित समय में समाधान देने में विफल रहा और रिकवरी केवल 30% तक सीमित रही। संशोधन विधेयक 2025 ने प्रक्रिया तेज करने और दुरुपयोग रोकने के उपाय सुझाए, लेकिन व्यावहारिक सुधार अभी भी आवश्यक हैं।

Donor Approval of Charitable Entities From Section 80G To RNPO Framework Under Income-Tax Act, 2025

April 6, 2026 1239 Views 0 comment Print

The new framework eliminates mandatory renewals and replaces them with continuous monitoring. Donor eligibility now depends on sustained compliance and proper fund utilisation.

Charitable Entity Registration: Section 12AB to RNPO under Income-tax Act, 2025

April 6, 2026 2598 Views 1 comment Print

The new law replaces time-bound approvals with continuous compliance monitoring for charitable entities. Registration now survives only if organisations consistently meet prescribed conditions.

GST Audit By Tax Authorities Under CGST Act, 2017

April 6, 2026 933 Views 0 comment Print

Courts held that audits exceeding prescribed timelines under GST law can invalidate subsequent proceedings. The ruling emphasizes strict adherence to statutory deadlines for audit completion.

RBI invites comments on Draft RBI (Branch Authorisation) Amendment Directions, 2026

April 6, 2026 2259 Views 1 comment Print

RBI proposes a revamped Business Correspondent framework with clearer classifications and simplified norms. The draft aims to enhance financial inclusion and improve service delivery in rural areas.

Writ not entertained since alternative remedy of approaching NCLAT available

April 6, 2026 477 Views 0 comment Print

Bombay High Court held that writ petition cannot be entertained in the face of availability of alternative remedy of approaching the NCLAT since claim of violation of principles of natural justice not established. Accordingly, writ petition dismissed.

Minor Offences Decriminalized to Reduce Litigation: Jan Vishwas Bill 2026

April 6, 2026 606 Views 0 comment Print

The law removes criminal penalties for minor compliance breaches and replaces them with monetary fines. It holds that reducing criminalization will ease regulatory burden while ensuring accountability through civil penalties.

Govt Notifies Extension of RoSCTL Scheme for Apparel and Made-ups Exports

April 6, 2026 861 Views 0 comment Print

The government extended the RoSCTL scheme without changes to maintain stability for exporters. The decision ensures continued tax rebates and supports global competitiveness. It reinforces long-term policy certainty for the textile sector.

DGFT Conducts Special Drive for Expeditious Disposal of EODCs

April 6, 2026 471 Views 0 comment Print

The DGFT launched a focused campaign to expedite EODC issuance and clear pending export obligations. The initiative resulted in a sharp increase in approvals and faster processing rates. It highlights improved efficiency and reduced compliance burden for exporters.

Massive Tax Irregularities Found Due to Improper Deductions by Banks & NBFCs: CAG

April 6, 2026 3867 Views 0 comment Print

The audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verification and compliance mechanisms to prevent revenue loss.

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