Investors in the 2019-20 Series IV Sovereign Gold Bonds have seen substantial paper gains, but upcoming tax amendments and premature redemption rules introduce new considerations for overall returns. Sovereign Gold Bond holders in the 2019-20 Series IV tranche are set…
India’s Supreme Court has directed the Reserve Bank of India to strengthen enforcement of lawful vehicle repossession processes amid concerns over unlawful methods used by lenders, emphasising constitutional protections and borrower rights. The Supreme Court of India has told the…
The Indian government has eased key export entry requirements for consignments valued at up to Rs 3 lakh, aiming to reduce compliance costs and support micro, small and medium-sized enterprises in entering international markets more easily. India has eased a…
The Bengaluru GST Appellate Tribunal clarifies that discrepancies in input tax credit found during routine audits do not alone justify harsher penalties under Section 74 of the CGST Act, emphasizing the need for proof of fraud or suppression. The GST…
The Reserve Bank of India has clarified that smaller asset reconstruction companies can participate as resolution applicants in insolvency bids without meeting the Rs 1,000-crore net owned fund threshold, opening new opportunities for mid-sized players in distressed assets recovery. The…
The Union Cabinet has approved increasing the mandatory wage ceiling for Employees’ Provident Fund Organisation to Rs 25,000, potentially bringing millions more workers under formal social security schemes from September 2026. The Union Cabinet has approved a rise in the…
As businesses seek greater efficiency and accuracy, AI-powered GST reconciliation tools are transforming how companies detect discrepancies and ensure precise indirect tax reporting, highlighting a shift towards automated, intelligence-led processes. GST reconciliation sits at the centre of accurate indirect tax…
Payments applications across India are warning that the recent ban on platform fees, coupled with new transaction charges, could push them into financial losses on utility bill payments amid a shift in the country’s digital payment landscape. Payments apps in…
The Reserve Bank of India has introduced new regulations that place greater emphasis on the automation of debt collection systems, marking a significant shift in oversight and compliance for digital lenders and recovery agencies. India’s debt-collection machinery has become as…
The Indian government has approved a significant hike in the EPFO wage ceiling to ₹25,000 per month, aiming to broaden social security for millions of workers, despite increased costs for the government and potential impacts on workers’ take-home pay. The…
Recent revisions to the National Pension System’s exit and annuity regulations are reshaping how savers calculate their retirement corpus and pension, emphasising flexibility over guaranteed income. The National Pension System calculator can be a useful guide, but only if its…
Borrowers should prioritise total repayment amounts, loan terms, and contractual details over promotional offers and nominal interest rates when selecting between bank loans and microfinance options, new guidance suggests. When comparing a bank loan with a microloan, the advertising banner…
