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...
SEBI seeks public input on amendments to assign responsibility for AI tool usage in the securities market to protect investors’ data and ensure compliance.
Explore how AI transforms educational assessments through personalized learning, improved accuracy, and real-time feedback, addressing key challenges and benefits.
Rising demand for electricity, driven by AI and EVs, poses challenges for infrastructure. Investments in energy sources and grid upgrades are crucial for future growth.
European Union’s Artificial Intelligence (AI) Act is set to become a game-changer in the regulation of AI technologies, establishing a robust framework that ensures these innovations are harmless, transparent, and respectful of fundamental human rights.
Discover how AI is transforming tax compliance standards, automating tasks, detecting fraud, and enhancing efficiency. Learn about its impact and future opportunities.
Explore the legal and ethical implications of granting AI legal personhood. Understand current developments and future considerations in AI technology.
Explore the impact of AI and predictive analytics in legal decision-making. Discover why human intervention remains crucial. Learn about AI’s potential, challenges, and ethical implications.
Explore the intersection of cybersecurity and AI, discovering how artificial intelligence is revolutionizing threat detection, vulnerability management, and more.
Explore the intersection of AI and law, addressing ethical concerns, algorithmic bias, privacy issues, regulatory challenges, and the future landscape of legal practice.
Explore ethical dilemmas, regulatory obstacles, and transformative potential of integrating AI in law. Dive deep into complexities of algorithmic bias, privacy concerns, and evolving legal landscape.
