Corporate Law : Examines whether works created using generative AI meet India’s legal standards of originality and authorship under existing cop...
Corporate Law : Examines AI’s impact on revenue projections, cost structures, and long-term valuation assumptions. Takeaway: AI can enhance anal...
CA, CS, CMA : Explains why financial institutions must shift from periodic audits to embedding continuous controls in AI systems. Key takeaway: ...
Corporate Law : This explains how AI allows auditors to examine entire transaction populations instead of samples. The key takeaway is improved au...
Goods and Services Tax : The Court held that presumptions under Sections 132(4A) and 292C of the Income Tax Act apply only to income-tax proceedings. GST 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...
Corporate Law : Over 21 lakh companies benefit from the MCA V3.0 portal. The Government has also commissioned a study on AI's impact on anti-compe...
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...
Analysis of AI weaponization and the UN’s effort to regulate “killer robots.” Explores legal and ethical challenges, IHL accountability gaps, and the need for a binding treaty on Autonomous Weapons Systems.
Analysis of Google’s $10 billion data-center plan and India’s infrastructure challenge. Focuses on the need to stabilize power, streamline land approval, and fix the compute supply chain.
India aims to build semiconductor manufacturing capacity despite 95% import dependence. Details $10B Mission, supply chain risks, infrastructure gaps, and global strategy.
Agentic AI systems are reshaping finance by enabling autonomous decision-making in banking, insurance, and compliance. Learn about hybrid models and governance needs for this new technology.
A practical guide to integrating AI into internal auditing, covering its applications in risk assessment, fieldwork, reporting, and continuous monitoring for efficiency.
A guide on how Chartered Accountants can use AI for tax, audit, and finance. It covers practical applications, a technical framework, and numerical examples.
An overview of how AI is being used to address challenges in corporate compliance in India. Learn how technology is improving risk management and financial accuracy.
An overview of tax developments, including the conditional tax exemption for NOIDA, the use of AI in detecting tax fraud, and how the Cost Inflation Index (CII) is calculated.
The Ministry of Finance details how AI tools are enhancing tax compliance. The use of AI for e-verification and targeted campaigns has resulted in a significant increase in tax revenue.
A summary of how AI is reshaping the role of Company Secretaries in India, from automating compliance tasks to new responsibilities in governance and strategic advice.
