GSTAT Allows Leniency in Appeal Scrutiny Until July 2026
GST Appellate Tribunal has issued an order allowing lenient scrutiny of appeal documents on the GSTAT Portal for six months, limiting objections to substantive defects only.
Ministry of Finance
Capital Gains Accounts Scheme Goes Digital: Key Highlights of Second Amendment 2025
Finance Ministry has notified second Amendment to Capital Gains Accounts Scheme introducing digital payments, SEZ coverage, and mandatory online account closure from April 2027.
GST (Fourth Amendment) Rules 2025: Electronic Registration, Aadhaar Authentication & New Threshold Options
Vide this amendment, the electronic grant of GST registration will be given in 3 working days.
Banking Companies (Nomination) Rules, 2025: Key Highlights, E-Nomination Process & New Guidelines
A fresh wave of modernization to how bank customers in India manage nominations.
Supreme Court flags ‘interpretative deadlock’ between S. 13(8) of SARAFESI Act & Rr. 8/9 of SARFAESI Rules; Urges Finance Ministry to act in earnest
“The interpretative deadlock between the provision and the rules has single handedly resulted in a huge mess insofar as enforcement of security interest is concerned., giving birth to an endless pipeline of litigation clogging the specialized forums of the DRT and DRAT, that are expected to expeditiously decide matters of recovery of debt”.
GST Overhaul: Revised IGST and UTGST Rate Structure
Discover the latest IGST and UTGST rate changes announced by the Finance Ministry, effective from 22nd September.
New GST Rates effective from 22-9-2025: Major reform to ease consumer burden and simplify tax structure
The new GST Rates will come into effect on 22-9-2025 impacting a range of goods and services.
Provisions of Banking Laws (Amendment) Act, 2025 notified
The implementation of these provisions marks a significant step towards strengthening the legal, regulatory, and governance framework of the Indian Banking Sector.
PFRDA notifies Regulations to operationalize the Unified Pension Scheme
The Unified Pension Scheme was introduced to strengthen retirement security for Central Government employees through transparency, flexible and tax-efficient options.
Govt rolls out new Unified Pension Scheme under NPS for Central Govt Employees
One-Time UPS Option for NPS Employees.
Government appoints Finance Secretary Tuhin Kanta Pandey as the new chairman of SEBI
Mr Tuhin Kanta Pandey will replace Ms Madhabi Puri Buch.
Non – resident cruise operators to follow conditions specified in IT (First Amendment) Rules, 2025
These ships will come under the ambit of guidelines issued by Ministry of Tourism & Ministry of Shipping.
Centre appoints Justice (Retd.) Mayank Kumar Jain, Allahabad High Court as Judicial Member of SAT
The Department of Economic Affairs, Ministry of Finance notified the appointment on 03-01-2025.
Government appoints IAS Sanjay Malhotra as the 26th Governor of the Reserve Bank of India
The 25th Governor of the Reserve Bank of India, Shaktikanta Das, served at the post for 6 years.
Section 128-A of CGST Act notified providing relief to taxpayers having old tax obligations
Taxpayers are not required to pay extra interest or penalties on their previous tax obligations.
MoF notifies new rules for compounding under FEMA
Payment of the amount compounded will be done electronically and within 15 days from the date of compounding order.
Supreme Court permits bank employees who secured job under SC/ST category to retain jobs despite caste descheduling by Karnataka Government
Supreme Court reiterated that neither State Government nor Courts have the authority to modify Scheduled Castes list promulgated by Presidential order
Indexation Benefits on Capital Gains — An Analysis
by Bharathi Krishnaprasad* and Krishna Laasya**
Legislative Flaws in Arbitration Law
by Justice Basu Deo Agarwal*
Highlights of Budget 2024-2025: Focus on Employment & Skilling, MSMEs and Middle Class
Priorities for Viksit Bharat, revised tax structure, exemption of three cancer drugs from custom duty, abolishment of angel tax, simplification of capital gains taxation and more