SEBI introduced a uniform 30-day lag for sharing and using market price data for educational purposes after concerns over misuse of recent market information. The revised rules aim to balance investor education and regulatory safeguards.
The IBBI Amendment Regulations, 2026 introduce nominee directors on IPA governing boards and strengthen oversight mechanisms. The changes aim to enhance transparency, accountability, and regulatory supervision in insolvency professional agencies.
DGFT amended the Handbook of Procedures by limiting gold imports under Advance Authorisation to a maximum of 100 kilograms. The changes aim to strengthen regulatory oversight and ensure better compliance monitoring.
The Telangana High Court refused to interfere with a faceless income tax assessment order despite claims of medical hardship and lack of opportunity. The Court held that repeated adjournments and failure to seek video conferencing weakened the taxpayer’s natural justice argument.
The Telangana High Court set aside the appellate order rejecting the GST appeal and remanded the matter for fresh adjudication after granting an opportunity of hearing. The Court held that principles of natural justice must be followed even in GST appellate proceedings.
The Telangana High Court directed GST authorities to accept a manual application for revocation of cancelled GST registration. The Court granted relief where the GST portal did not permit online filing due to expiry of the prescribed time limit.
The Telangana High Court permitted the taxpayer to file a delayed GST appeal against the Order-in-Original and DRC-07 summary order. The Court directed the appellate authority to consider delay condonation sympathetically since the taxpayer had been pursuing writ proceedings before the High Court.
The article explains how the High Court held that corporate guarantee fees do not qualify as Fees for Technical Services under the India-UK DTAA. The ruling emphasizes the absence of technical knowledge or consultancy services.
The article explains how India has broadened Permanent Establishment and Business Connection concepts after BEPS reforms. It highlights the shift from physical presence to economic nexus-based taxation.
The article analyses why India may continue its Equalisation Levy regime beyond August 2024 due to delays in the OECD/G20 Pillar One framework. It discusses the impact on digital businesses and global tax relations.
