Supreme Court holds refund cannot be claimed without challenging assessment or self-assessment under Customs, Excise, Service Tax, or GST laws.
IRDAI cautioned Universal Sompo for claim closures, refund delays, and late settlements. The insurer was warned to improve compliance and reporting.
ICSI to hold its Northern Region Convocation on Nov 27, 2025, in New Delhi for new members and awardees. Registration closes on Nov 20, 2025.
Summarizing RBI’s FREE-AI framework: 7 principles (Trust, Fairness, Accountability) for AI governance in Indian banks and fintechs, focused on risk and compliance.
India extends anti-dumping duty on flax fabric from China and Hong Kong for five years to prevent continued dumping and protect domestic industry.
IBBI seeks comments on draft templates for Prospective Resolution Applicants (PRAs) to disclose beneficial ownership and Section 32A eligibility, ensuring transparency in CIRP.
SEBI consultation paper proposes amendments to CAPSM Regulations, including expanding Associated Person, adding NISM long-term courses, and revising certification exemptions.
Comparison of Old vs. Default Tax Regimes (Sec 115BAC) for salaried income. Covers tax slabs, Standard Deduction, and Surcharge rates. Details the trade-off: reduced tax rates under Default Regime vs. forfeited exemptions like HRA, LTA, and 80C deductions.
A summary of victimology, covering key theories, legal provisions (CrPC/BNSS), compensation schemes (NALSA/CVCF), support systems (OSCs), and the role of AI in aiding victims in India.
DGFT Notification restricts Red Sanders export (log/roots from cultivation) to a Restricted Export Authorisation, effective immediately. Export is now subject to state-wise annual quotas, strict S151 sanction rules, and mandatory digital platform tracking for sustainable harvest.
