GSTN’s new rule hard-locks GSTR-3B auto-populated data from July 2025, requiring GSTR-1/1A for corrections. This aims to boost data consistency and curb tax evasion.
SEBI’s updated guidelines, effective January 29, 2025, aim to regulate finfluencers by restricting real-time data use, mandating prior approval for investment advice, and prohibiting associations between registered and unregistered entities. These measures seek to protect investors from misleading information and financial losses, addressing a regulatory gap and the potential for manipulation in the Indian securities market. The guidelines highlight a global effort to regulate financial advice provided by online influencers.
The Madhya Pradesh High Court ruled that a Sessions Court erred by not taking cognizance against respondents in a criminal case, citing a “passive role” by the lower court. The High Court reversed the decision, directing cognizance be taken under CrPC Section 193.
Sikkim High Court allows GST ITC refund for closed business (SICPA India Pvt. Ltd.), ruling that retaining unutilized credit is unjust and unconstitutional.
Allahabad High Court quashes ITC denial for bona fide buyers when sellers fail to deposit tax, reinforcing that buyers are not responsible for supplier non-compliance.
Understand deposit regulations under the Companies Act 2013, including eligible entities, exemptions, compliance requirements, and penalties for non-adherence.
RBI’s ₹2 lakh penalty cap for residual FEMA violations reflects a progressive shift—recognizing the difference between serious non-compliance and innocent procedural errors. If you’ve had small FEMA oversights in the past, now is the time to proactively fix them under this simplified regime.
Supreme Court refuses to reduce 18-month jail term for a lawyer convicted of using abusive language against a woman judicial officer during court proceedings.
Explore Supreme Court’s stance on reasoned orders in Indian tax law, highlighting accountability, judicial standards, and implications for GST and tax litigation.
A month-by-month guide to effective personal financial planning, covering goal setting, tax preparation, investment, and review for sustained financial well-being.
