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Archive: July, 2026

Posts in July, 2026

Proposed Population Definition Change Raises Questions on Delimitation

July 8, 2026 291 Views 0 comment Print

The article argues that proposed constitutional amendments would allow Parliament to determine the applicable census for delimitation through ordinary legislation, raising concerns over constitutional safeguards.

GST के 9 साल: व्यवस्था चल पड़ी है, अब इसे आम करदाता के लिए सरल बनाइए

July 8, 2026 10341 Views 0 comment Print

GST ने कर संग्रह और करदाता आधार बढ़ाया, लेकिन आम करदाता के लिए अनुपालन अब भी जटिल बना हुआ है। लेख में सरल, पारदर्शी और करदाता-केंद्रित सुधारों की आवश्यकता पर जोर दिया गया है.

IBA Caution List Cannot Include Advocate for Alleged Negligence: SC

July 8, 2026 2430 Views 0 comment Print

SC held advocates cannot be placed in the IBA Caution List for alleged negligence. Professional misconduct falls under the Advocates Act and Bar Councils.

What is the Effect of Dismissal of an SLP In Limine?

July 8, 2026 447 Views 0 comment Print

A non-speaking dismissal of an SLP does not affirm the High Court’s reasoning or constitute law under Article 141. The doctrine of merger applies only after leave is granted and the appeal is decided on merits.

Article 161 Remission Policy Prevails Over Section 432 Policy: SC

July 8, 2026 180 Views 0 comment Print

SC held Haryana’s 2002 Article 161 remission policy applies despite the 2008 Section 432 policy, making the convict eligible for remission consideration.

Capital Gains Puzzle: Does Signing an Agreement to Sell Trigger Tax?

July 8, 2026 729 Views 0 comment Print

The Jabalpur Tribunal held that signing an Agreement to Sell and receiving advance money did not trigger capital gains tax because possession was transferred only upon registration of the Sale Deed. The ruling underscores that the timing of transfer depends on the contractual terms governing ownership and possession.

Paper Bags Under HSN 48194000 Taxable at 5% Under Entry 319: Gujarat AAR

July 8, 2026 576 Views 0 comment Print

Gujarat AAR held that paper bags classifiable under HSN 48194000 attract 5% GST under Entry 319 of Notification No. 09/2025-CT (Rate), not 18% under Entry 185.

SEBI Revises IPF Interest Utilisation Norms, Permits 5% for Administrative Expenses

July 8, 2026 258 Views 0 comment Print

SEBI amended the IPF framework to require at least 95% of investment income to strengthen the corpus while permitting up to 5% for specified administrative and statutory expenses from September 1, 2026.

Additional Investment Choices extended to Central Autonomous Bodies Employees subscribed under NPS

July 8, 2026 351 Views 0 comment Print

The Government has extended two additional NPS investment options to Central Autonomous Bodies employees, enabling pension planning based on individual risk appetite and retirement goals.

IFSCA Proposes Mandatory FCSS Usage for IBUs to Enable Faster USD Settlements

July 8, 2026 210 Views 0 comment Print

IFSCA has proposed a draft circular requiring member IBUs in GIFT IFSC to route inter-bank transactions through FCSS. The proposal aims to improve real-time USD settlements, enhance customer awareness, and strengthen settlement efficiency.

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