The new Income Tax Act, 2025 reshapes compliance from 1 April 2026 without changing tax rates. Businesses must realign systems, processes, and teams to avoid transition risks.
Treating all works contracts as services at 18% ignores their composite nature. The key takeaway is that uniform taxation can penalise material-heavy and merit-based projects.
Section 107(6) of the CGST Act enforces a fixed pre-deposit for appeals. The key takeaway is the growing concern that rigid uniformity may undermine access to justice in high-value disputes.
This article outlines the scope, principles, and obligations under India’s data protection law. The key takeaway is that organisations must align consent, security, and governance to avoid heavy penalties.
The High Court held that RERA execution powers cannot extend to unilateral cancellation of registered sale agreements. The key takeaway is that registration law boundaries must be respected even at the execution stage.
Indian law allows LLPs to conduct lawful business, but RBI regulations restrict NBFC status to companies. The key takeaway is that LLPs are ineligible for NBFC registration despite commercial intent.
The issue was whether gains qualify as long-term when shares are bought unlisted and sold post-listing. It was held that the holding period starts from purchase and LTCG under section 112A applies if STT is paid on sale.
While foreign investors appear to be net sellers in Indian markets, the data shows a clear shift toward banking stocks. The key takeaway is strategic sectoral rotation, not an exit from India.
Total income includes capital gains for the ₹5 lakh limit, but the rebate cannot reduce tax on special-rate income. The key takeaway is that eligibility and adjustment operate differently.
The CGST Act clearly covers territorial waters but is silent on EEZ. This raises a serious question on whether mapping EEZ to coastal States is legally sustainable.
