The Supreme Court ruled that menstrual hygiene falls within Article 21 and mandated nationwide MHM facilities in all schools. States and UTs must ensure toilets, free sanitary napkins, and safe disposal within three months.
The Court refused to interfere with ex-parte GST orders where the taxpayer failed to reply or attend hearings. Blaming a professional advisor was held insufficient to bypass statutory procedure.
The Budget shifts multiple exemptions into the Customs Tariff, simplifying compliance without raising effective duties. The changes aim to correct duty inversion and strengthen domestic value addition.
Major amendments cover decriminalisation of offences, conversion of penalties into fees, and rationalisation of MAT and TCS rates. The reforms aim to reduce disputes while ensuring proportional enforcement.
Provisional refunds for inverted duty structures and removal of refund thresholds for exports improve working capital. The amendments strengthen liquidity and support small and mid-sized exporters.
This session breaks down the major income tax amendments announced in the Union Budget 2026 in a clear and practical manner. It highlights what has changed and the immediate impact on taxpayers and businesses.
Jewellery imports now follow weight-based limits instead of value caps, offering relief amid rising gold prices. Transfer of Residence limits are also increased with an updated list of modern household items.
The proposed amendment disallows any interest deduction against dividend and mutual fund income. As a result, dividends will now be taxed on a gross basis, increasing the tax burden on leveraged investors.
The court ruled that a consensual relationship cannot justify online harassment, threats, or circulation of obscene material. Privacy and dignity remain inviolable, and such allegations can bar anticipatory bail.
With stable tax slabs and surcharges, the Bill focuses on ease of living through extended deadlines, electronic processes, and clearer TDS rules. The emphasis is on certainty and voluntary compliance rather than higher taxation.
