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Gross & Net GST revenue collections for January 2026 Month

February 1, 2026 1488 Views 0 comment Print

Gross GST collections touched ₹1.93 lakh crore in January 2026, supported by robust growth in IGST from imports. The figures indicate steady tax buoyancy despite higher cumulative refunds.

Electricity Amendment Bill 2025 Proposes Tariff Reform & Renewable Push

January 30, 2026 438 Views 0 comment Print

The draft Bill mandates cost-reflective tariffs and annual regulatory determination to restore utility finances. It also advances market tools and obligations to speed up non-fossil power growth.

Wrong AGM Date in Annual Return Leads to Penalty Despite Subsequent Rectification

January 30, 2026 648 Views 0 comment Print

The authority held that filing an e-form with wrong particulars constitutes a completed contravention. Later requests to mark the form as defective do not eliminate penalty liability.

Family Term Insurance: Understanding Lump Sum and Monthly Payout Options

January 29, 2026 669 Views 0 comment Print

This explains why choosing between lump sum and monthly payouts is as important as coverage amount. The right structure helps families manage expenses and plan confidently after a loss.

Prior Approval Mandatory for Shareholding Changes Beyond Threshold: IRDAI

January 29, 2026 855 Views 0 comment Print

The regulator held that cumulative shareholding changes crossing prescribed limits require prior approval. A warning was issued for non-compliance despite the lapse being termed unintentional.

Wrong AGM Date in AOC-4 Attracts Penalty Despite Correction: ROC Kolkata

January 29, 2026 663 Views 0 comment Print

ROC held that filing an AOC-4 with an incorrect AGM date constitutes a completed default. Subsequent rectification or marking the form as defective does not erase penalty liability.

Accuracy in MGT-7A Mandatory, Errors Invite Penalty: ROC Kolkata

January 29, 2026 627 Views 0 comment Print

ROC held that correcting an e-form later does not nullify the original violation. Companies and signatories remain liable for filing inaccurate statutory information.

Registered Valuer Loses IBBI Registration After RVO Expulsion

January 29, 2026 447 Views 0 comment Print

IBBI held that continuous membership of a Registered Valuers Organisation is mandatory. Once expelled by the RVO, a valuer becomes ineligible to continue registration.

IBBI Cancels Valuer Registration After Loss of Mandatory Eligibility

January 29, 2026 402 Views 0 comment Print

The regulator held that expulsion from a Registered Valuers Organisation results in loss of eligibility, justifying immediate cancellation of registration.

Appeal Delays Linked to Administrative Overload, Not Income Tax Officer Negligence: ITGOA

January 29, 2026 834 Views 0 comment Print

Following judicial criticism of delayed appeals, officers urged structural reforms to fix institutional gaps rather than penalising individual officers.

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