Corporate Law : Artificial intelligence is enabling faster decision-making, fraud detection, and automated compliance in financial and tax systems...
Corporate Law : Introduction Artificial Intelligence (AI) enables computers to perform tasks that normally require human intelligence- such as lea...
Finance : Discover practical strategies to reduce expenses while maintaining quality and momen-tum. From AI tools to cash flow planning, the...
Corporate Law : Artificial Intelligence is transforming audits by enabling 100% transaction testing, reducing sampling risk, and enhancing fraud d...
Corporate Law : Examines whether works created using generative AI meet India’s legal standards of originality and authorship under existing cop...
Corporate Law : India expands affordable AI access through subsidised compute, national datasets, and large-scale infrastructure. The initiative a...
Income Tax : The Ministry of Finance details how AI tools are enhancing tax compliance. The use of AI for e-verification and targeted campaigns...
Corporate Law : The government has no plans to revise the ₹5,000 tax limit for preventive health check-ups. AI-based health initiatives focus on...
Corporate Law : To combat online financial fraud, RBI has launched an AI-based tool, ‘MuleHunter,’ to identify money mules and has advised fin...
Corporate Law : MCA V3.0 enhances digital corporate compliance with web filings & e-Adjudication. Over 60 lakh users benefit. CCI studies AI’s i...
Goods and Services Tax : The High Court flagged serious flaws in a GST adjudication order that cited non-existent and unrelated judgments. It indicated the...
Company Law : Bombay High Court held that revisionary order which set aside eviction order is not sustainable in law. Court also held that using...
Income Tax : Bombay High Court sets aside NFAC’s ₹27.91 crore assessment on KMG Wires Pvt. Ltd., citing non-consideration of key evidence a...
Income Tax : Bombay High Court directs tax revision for an AI-generated invalid return order lacking reasoning, stressing natural justice and h...
Corporate Law : In present facts of the case, the Hon’ble High court observed that ChatGPT cannot be the basis of adjudication of legal or factu...
SEBI : SEBI’s circular enables existing AIFs to convert to AI-only or LVF schemes, enhancing operational flexibility while requiring in...
Fema / RBI : The Reserve Bank of India has released a report outlining the FREE-AI framework, a set of principles and recommendations for the r...
Fema / RBI : RBI sets up a committee to create a framework for responsible AI use in the financial sector, focusing on governance, risks, and a...
The High Court flagged serious flaws in a GST adjudication order that cited non-existent and unrelated judgments. It indicated the need for safeguards to prevent blind reliance on incorrect legal precedents.
Artificial intelligence is enabling faster decision-making, fraud detection, and automated compliance in financial and tax systems. However, issues such as the “black box” nature of AI and regulatory oversight remain critical concerns.
Introduction Artificial Intelligence (AI) enables computers to perform tasks that normally require human intelligence- such as learning from data, recognizing patterns, making decisions, understanding language, and automating complex work. Using technologies like machine learning and natural language processing, AI helps businesses improve accuracy, reduce manual effort, and make smarter decisions. The Audit That Never Slept […]
Discover practical strategies to reduce expenses while maintaining quality and momen-tum. From AI tools to cash flow planning, these cost-cutting tips help protect margins in a tight economy.
Artificial Intelligence is transforming audits by enabling 100% transaction testing, reducing sampling risk, and enhancing fraud detection.
India expands affordable AI access through subsidised compute, national datasets, and large-scale infrastructure. The initiative aims to make AI innovation accessible to startups, researchers, and public institutions.
Bombay High Court held that revisionary order which set aside eviction order is not sustainable in law. Court also held that using AI tool as aid for filing submission without verifying its content is not acceptable.
Examines whether works created using generative AI meet India’s legal standards of originality and authorship under existing copyright law.
Examines AI’s impact on revenue projections, cost structures, and long-term valuation assumptions. Takeaway: AI can enhance analysis but cannot replace professional judgement.
Explains why financial institutions must shift from periodic audits to embedding continuous controls in AI systems. Key takeaway: Effective governance reduces operational, regulatory, and systemic risks from autonomous AI agents.
