The issue concerned whether new ECGC Whole Turnover Policies qualify under RELIEF scheme support. DGFT clarified eligibility from March 16, 2026, ensuring wider access and boosting export insurance adoption.
The issue addressed gaps in disclosure and coordination in insolvency processes. IBBI proposed mandatory asset disclosure and creditor oversight, aiming to improve transparency and effective resolution outcomes.
The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion while maintaining safeguards based on financial strength and ratings.
The authority penalized the company for conducting only one Board meeting instead of the required four in a year. It held that non-compliance with Section 173(1) attracts penalty under Section 450.
The Bill mandates seat allocation using updated census figures, replacing decades-old data. It ensures fair representation aligned with current population realities.
The Court found CBDT failed to follow its 2015 directive on timely ITR utility release. It ordered an affidavit with corrective steps, highlighting systemic lapses affecting taxpayers.
The amendment extends the MEP of USD 1400 per metric ton for honey exports. The ruling does not introduce new conditions but prolongs the existing framework. Exporters must comply with the unchanged threshold.
The DGFT issued procedures for CPC and RPC import allocation following CAQM directions based on Supreme Court orders. The ruling enforces quantity caps and mandates case-by-case allocation within prescribed limits.
This covers how business income is computed under the Income-tax Act, including normal and presumptive methods. It explains deductions, disallowances, and treatment of various receipts under PGBP.
GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verification remains with the appellate authority.
