The Central Bureau of Investigation in India has issued a warning to crypto users amid a surge in Tamil Nadu-linked investment scams involving P2P offers and illicit USDT transactions, highlighting the risks of unregulated trading and money laundering. The Central…
In India, a single mistyped UPI ID or account number can rapidly send money to the wrong recipient. Experts emphasise immediate reporting to banks and authorities significantly improves chances of recovery, amid growing caution around verifying transaction details before approval.…
A detailed exploration of the three distinct tests of jurisdiction in civil law, their practical implications, and the recent Supreme Court debates on consumer forum limits and jurisdictional thresholds in India. In civil litigation, jurisdiction is not a single idea…
India’s tech industry body Nasscom is calling for comprehensive reforms to the goods and services tax system, aiming to better accommodate the needs of digital firms, data centres, and cross-border services, as it seeks to remove barriers and clarify export…
India’s tax authorities have recast the rules on tax deducted at source for commission and brokerage, integrating old provisions into a clearer, table-based structure under the Income-tax Act 2025 from 1 April 2026, while maintaining significant exemptions and thresholds. India’s…
India’s insolvency regulator issues new guidelines urging professionals to vigilantly detect signs of abuse in bankruptcy proceedings, reflecting a bid to reinforce the integrity of the insolvency system amid rising concerns over misuse. India’s insolvency regulator has told insolvency professionals…
The Bombay High Court has upheld the deletion of a ₹104.99 crore addition under Section 69C, emphasising that a disputed purchase alone does not constitute unexplained expenditure without proof of source. The Bombay High Court has upheld the deletion of…
India’s insurance regulator has fined Canara HSBC Life ₹1 crore after selling a deferred annuity policy to an 88-year-old, breaching age rules and exposing shortcomings in the sales process. India’s insurance regulator has fined Canara HSBC Life Insurance ₹1 crore…
India’s Reserve Bank is developing a climate-finance architecture amid increasing global enforcement, but faces challenges in enforcement, disclosure standards, and statutory mandates, signalling a cautious but pivotal shift towards climate risk management in the Indian banking sector. India’s central bank…
Gujarat’s legislative assembly approves amendments to accelerate GST refunds, simplify compliance for small businesses, and broaden access to export refunds, aiming to streamline tax processes and bolster economic growth. Gujarat’s legislative assembly has approved amendments to the state’s GST law…
India’s consumer affairs ministry has announced stricter regulations for online shopping platforms, aiming to enhance transparency and consumer rights ahead of the bustling festive season, including measures to combat dark patterns and improve detailed disclosures. India’s consumer affairs ministry has…
SEBI Chairman Tuhin Kanta Pandey assures the continuation of the new closing auction session as regulator prepares a consultation paper, amid growing participation and recent innovations like tokenised bonds and DEMAT 2.0 framework to modernise India’s financial markets. Tuhin Kanta…
