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HDB Finance IPO Explained: Everything You Need to Know with HDFC Sky

June 25, 2025 1179 Views 0 comment Print

HDB Financial Services Limited, a leading retail-focused NBFC and a subsidiary of HDFC Bank, is set to open its ₹12,500 crore IPO for subscription from June 25 to June 27, 2025.

Parallel GST Proceedings Not Permissible: Delhi HC

June 25, 2025 1224 Views 0 comment Print

The Delhi High Court ruled that parallel GST proceedings are not allowed, citing Section 6(2)(b) of the CGST Act, if the Central GST Department has already adjudicated the matter.

Rectification Warranted for Contradictory GST Orders: Kerala HC

June 25, 2025 1143 Views 0 comment Print

The Kerala High Court ruled that rectification is warranted when the GST Department issues contradictory orders on the same issue, even if the application is via email.

Jharkhand HC Lambasts Hazaribagh Magistrate For Ignoring SC Bail Guidelines

June 25, 2025 627 Views 0 comment Print

The Jharkhand High Court criticized a Hazaribagh Magistrate for remanding a 66-year-old to custody, ignoring Supreme Court bail guidelines for accused after cognizance.

IFRS 18 – Presentation and Disclosure in Financial Statements

June 25, 2025 5418 Views 0 comment Print

Introduction The International Accounting Standards Board (IASB) has taken a significant leap towards enhancing transparency and comparability in financial reporting with the issuance of IFRS 18 – Presentation and Disclosure in Financial Statements, replacing the longstanding IAS 1. The new standard, issued in April 2024 and effective from 1 January 2027, is not merely a […]

Analysis of Notifications and Circulars for Week ending 22nd June 2025

June 25, 2025 5175 Views 0 comment Print

Stay informed on India’s latest regulatory changes from June 16-22, 2025. This summary covers Income Tax exemptions, GST amendments, Customs duties, SEBI market reforms, and MCA/IBBI updates.

Decoding CSR under Indian Company Law: Loopholes & Lessons

June 25, 2025 1614 Views 0 comment Print

Understand India’s mandatory CSR law under the Companies Act, 2013, covering applicability, spending requirements, eligible activities, and compliance.

Income tax Reassessment: An Analysis of Amendments by Finance Act, 2024

June 25, 2025 6129 Views 1 comment Print

This paper aims to: 1.Compare the latest amendments introduced by the Finance (No.2) Act, 2024   with the law that existed previously; 2. Analyze the intent and rationale behind the legislative changes; 3. Discuss the practical scope and implications of the new provisions on reassessment proceedings.

Latest Changes in ITR Forms for A.Y. 2025-26

June 25, 2025 8427 Views 0 comment Print

CBDT has notified revised ITR forms for Assessment Year (AY) 2025-26, introducing a series of notable changes aimed at improving accuracy, transparency and granularity of income reporting across various taxpayer categories.

India’s Protеction of Tradе Sеcrеts Bill, 2024: Key Provisions

June 24, 2025 990 Views 0 comment Print

Summarizing India’s 2024 Trade Secrets Bill, including its definition, holder rights, misappropriation remedies, compulsory licensing, and whistleblower exceptions.

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