Authorities detected large-scale ITC fraud involving invoices without actual supply of goods. The arrests signal strict enforcement against GST credit misuse.
A public sector bank has invited quotations to appoint external auditors for reviewing its internal audit and compliance functions. The move focuses on quality assurance, risk assessment, and systemic improvements over a defined audit period.
The consultation paper suggests consolidating trading norms across stock and commodity derivatives exchanges to simplify regulations and reduce compliance burdens.
A long-absconding accused in a ₹58 lakh customs duty drawback fraud was finally arrested. The case highlights sustained investigation and identity-tracing efforts by the agency.
Net direct tax collections recorded an 8.82% increase despite moderate gross growth. Lower refunds played a key role in boosting net revenues.
The ruling clarifies that digital processes are encouraged but not mandatory, ensuring workers rights are protected even through physical submissions and flexible procedures.
The law removes sector-based exclusions and extends minimum wage protection to all employees. It confirms universal coverage across organized and unorganized sectors.
The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and calculation.
The Code retains trade union rights, collective bargaining, and strike provisions with notice requirements. It confirms continued safeguards on retrenchment and dispute resolution.
Raising factory and licensing thresholds does not remove safety and welfare protections. All establishments with 10 or more workers must comply.
