RBI data shows profit after tax increased despite moderation in sales growth. Lower interest expenses and higher non-operating income supported profitability.
The case addresses cancellation of a banking licence for non-compliance with statutory conditions. The regulator held that continued operations were against depositor and public interest.
RBI released draft PPI Directions, 2026 to enhance security, governance, and operational clarity. The key takeaway is stricter compliance norms and improved customer protection in prepaid instruments.
The case examines the MPC’s response to geopolitical tensions and supply shocks. The Committee held rates steady, citing uncertainty and the need for a cautious, data-driven approach.
The authority held that mixtures of natural and synthetic rubber fall under 40028090 as they exclude substances under Chapter Note 5(A). Exemption applies subject to compliance with origin rules.
The Authority ruled that a refined plant extract used for treating respiratory conditions qualifies as a medicament, not a vegetable extract. Classification was based on its therapeutic use and advanced processing, denying concessional duty.
The event underscored that increasing retail participation must be matched with stronger investor awareness and safeguards. It emphasized evolving investor protection into a developmental function.
This article explains why GST registration is not limited to turnover thresholds. It highlights transaction-based triggers that can mandate registration even for small businesses.
The new law introduces audit requirements for businesses declaring profits below presumptive rates. It removes the earlier flexibility of avoiding audit without opting for presumptive taxation.
The article highlights how aggressive GST actions impact genuine businesses. The key takeaway is the need for balanced enforcement and protection of bona fide taxpayers.
