SEBI has proposed wide-ranging amendments to the Buy-Back Regulations, including revival of open market buy-backs and removal of mandatory Merchant Bankers. The reforms aim to simplify compliance while strengthening investor protection measures.
The authority ruled that the Air Separation Unit constituted an immovable manufacturing facility due to its permanence, scale, and structural integration. As a result, ITC was blocked under Section 17(5)(d) of the CGST Act.
The September 2025 GST rationalisation reduced output tax rates on many products but left input taxes at 18%, creating severe inverted duty structure issues. The article explains how manufacturers are facing blocked ITC and recurring refund dependency.
Banks now analyse GST returns, bank statements, and ITR data to assess financial discipline and repayment capacity before approving loans. The article explains how GST compliance directly impacts MSME loan eligibility and banking credibility.
The article compares old and new income tax regimes for FY 2025-26 and explains how deductions affect final tax liability. It highlights that home loan deductions under Section 24B can make the old regime more beneficial for some taxpayers.
The article explains that normal manufacturing loss caused by shrinkage, evaporation, or processing does not automatically require ITC reversal under Section 17(5)(h) of the CGST Act. Courts have treated such losses as inherent to manufacturing activities.
The Delhi High Court quashed a POCSO FIR after noting that the relationship was consensual and the parties were married with a child. The Court held that continuation of prosecution would harm the woman and infant child.
Despite major policy reforms and digitisation, businesses continue to face delays, inconsistent departmental practices, and avoidable litigation. The article highlights the gap between reform promises and practical implementation.
The article explains how multinational digital companies generate substantial revenue from Indian users while shifting profits to low-tax jurisdictions. Existing transfer pricing rules struggle to capture value created through digital presence and data monetisation.
GST replaced multiple indirect taxes with a unified taxation framework to reduce cascading taxes and improve ease of doing business. The reform significantly enhanced transparency, digital compliance, and economic efficiency in India.
