The analysis explains how restricting PPIRP to MSMEs is causing missed opportunities for value preservation. It highlights why larger corporates may benefit more from a regulated pre-pack framework.
The case examined severe shortcomings in menstrual hygiene facilities in government schools and their impact on girls’ dignity and education. While the issue was held to raise serious rights concerns, the Commission declined intervention, citing its limited jurisdiction over systemic policy failures.
This update captures sweeping reforms across direct tax, GST, excise, customs, and export policy. The key takeaway is a decisive policy push on tobacco taxation, trade facilitation, and compliance digitisation.
The framework clarifies that drugs recalled after export cannot enter the Indian market and must either be re-exported or destroyed after regulatory testing.
The ruling confirms that when equal owners are locked in irreconcilable deadlock, a solvent company may be wound up on just and equitable grounds.
The regulator upheld a turnover-linked materiality framework for related party transactions, replacing the flat 10% test to align approvals with entity size while retaining shareholder scrutiny for high-impact deals.
It was highlighted that the EU’s carbon border tax will significantly raise costs for carbon-intensive imports, forcing exporters to reassess pricing, margins, and long-term market viability.
The rules make it clear that any appointment, resignation, or designation change of directors or KMPs must be filed in DIR-12 within the statutory timeline to avoid penalties.
The Supreme Court affirmed that a single SCN covering several years is valid where fraudulent ITC patterns span periods, enabling holistic investigation under the CGST Act.
This explains the purpose and legal importance of an undertaking filed with a GST refund claim. It highlights how the declaration safeguards against unjust enrichment and wrongful refunds.
