Justice P S Dinesh Kumar urges Indian merchant bankers to maintain strict professional boundaries, highlighting their crucial role in safeguarding investor trust and market stability amid ongoing regulatory responsibilities. Justice P S Dinesh Kumar, the presiding officer of India’s Securities…
The Bombay High Court has annulled a ₹79.7 crore GST demand against Karan Johar’s firms, ruling that cinematographic films do not qualify as information technology software, setting a significant precedent in tax classification disputes. The Bombay High Court has struck…
The Reserve Bank of India has introduced regulations to ensure transparency and fairness in minimum balance charges, with some banks like SBI already removing penalties to simplify account maintenance for customers. For millions of savings account holders in India, the…
The National Payments Corporation of India has reassured small businesses that recent changes to UPI merchant fee regulations will not increase costs or impose additional burdens on low-turnover traders, amid concerns over GST implications. The National Payments Corporation of India…
India’s Employees’ Provident Fund Organisation is increasing its wage ceiling and modernising its digital systems to bolster retirement funds. While workers face reduced monthly paychecks now, the overhaul aims to deliver faster claims and a larger pension pool in the…
The Reserve Bank of India is testing Bluetooth and NFC to enable offline transactions for its digital rupee, promising increased resilience in low-connectivity areas. India’s central bank is pushing the digital rupee towards a world where payments can still be…
WazirX has revised its guidance on crypto tax deductions for the 2025-26 financial year, highlighting the new 1% TDS requirement on eligible digital asset transfers under Section 194S, impacting traders and investors in India. WazirX has updated its guidance on…
The Life Insurance Corporation of India has launched its Golden Jubilee Scholarship Scheme 2026, offering financial support of up to Rs 50,000 annually to students from lower-income households pursuing higher education, with applications closing on September 30, 2026. The Life…
India’s telecom regulator has mandated the availability of more affordable voice call and text message plans, aiming to provide greater choice for consumers who do not need data, amidst industry concerns over limited options. India’s telecom regulator has moved to…
Cryptocurrency pricing in India is shaped by currency exchange fluctuations, trading conditions, and tax regulations, making the actual value more complex than global charts suggest. Cryptocurrency prices in India are rarely as straightforward as the figures on a global chart…
The Kerala High Court has emphasised that tax appeals cannot be dismissed solely due to non-appearance, ordering a fresh hearing of actor Jayasurya’s case and highlighting the importance of examining cases on their merits. The Kerala High Court has set…
India is set to phase out subsidies for low-value UPI transactions by 2026, introducing merchant discount rates for higher-value payments to make the system financially self-sustaining and reduce reliance on government support. India’s government is preparing to phase out subsidies…
