The notification imposes anti-dumping duty after DGTR concluded that imports from the subject countries undercut domestic prices and suppressed the domestic industry’s selling prices. Different duty rates have been prescribed based on producer and country.
IRDAI’s draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025.
The Supreme Court held that the Working President validly convened the election meeting under the doctrine of necessity after all principal office bearers had died. It restored the accepted change report and directed fresh elections within six months.
The case examined whether compulsorily convertible debentures should be treated as debt or equity for allowing interest deductions. The Tribunal identified this as the primary issue before determining the arm’s length price of interest.
The Madras High Court ruled that medical reimbursements up to ₹15,000 per employee cannot be subjected to Fringe Benefit Tax in the absence of a clear statutory charging provision. The judgment reiterates that tax cannot be imposed by implication or through administrative circulars.
RBI has issued comprehensive Kisan Credit Card Directions for Rural Co-operative Banks effective from 1 January 2027. The framework broadens credit coverage, simplifies lending, and strengthens digital access for agricultural borrowers.
RBI has notified the 2026 Kisan Credit Card Directions for Regional Rural Banks, introducing a uniform framework for crop and allied sector lending. The Directions streamline credit assessment, digital access, collateral norms, and repayment procedures for farmers.
RBI has introduced the 2026 Kisan Credit Card Directions for Small Finance Banks, creating a uniform framework for crop and allied sector finance. The Directions simplify credit assessment, collateral norms, digital banking, and loan administration.
The Bombay High Court upheld the CESTAT order after finding that denial of cross-examination violated Regulation 17(4) of the CBLR, rendering the proceedings against the Customs Broker invalid. The Revenue’s appeal was dismissed.
The Gujarat High Court dismissed the Revenue’s appeals after holding that the additions qualified for deduction under Section 80IB, making the entire exercise revenue neutral despite disagreeing with the Tribunal’s approach.
