A CAG audit report on the GST E-Way Bill system reveals issues with tax compliance, revenue protection, and enforcement, with recommendations to improve the system.
Insolvency and Bankruptcy Code Amendment Bill 2025 proposes creditor-led insolvency, group and cross-border resolution, governance changes, and procedural clarity to improve IBC implementation.
This summary explores how Artificial Intelligence can address current inefficiencies in India’s legal system, detailing its potential to streamline processes, simplify legal language, and improve access to justice.
A summary of India’s direct tax collections from 2020-2025, detailing collections against budget estimates, the impact on fiscal targets, and ongoing reforms to expand the tax base.
The Finance Act, 2025, introduces new tax slabs and a higher rebate threshold for salaried individuals. This summary explains how these changes aim to provide financial relief and potentially boost consumption.
This summary details annual GST collections in India, detected tax evasion cases, and the government’s measures to improve compliance, including e-invoicing and data analytics.
Chennai Customs allows exporters to amend shipping bills for RoDTEP benefits. A new public notice addresses retrospective rate changes, enabling post-EGM claim amendments.
IFSCA’s new master circular for IFSC distributors details rules for registration, fees, governance, and client responsibilities, including a single-window system and fee regulations.
This circular from the NSE outlines a new Joint Standard Operating Procedure (SOP) for schemes of arrangement, effective August 1, 2025. It details the process, timelines, and required submissions for applications filed under SEBI regulations.
The Ministry of Corporate Affairs confirmed no plans for a new LLP Settlement Scheme. It detailed measures like STP forms, C-PACE, and CPC to improve the MCA-21 V3 portal.