interpretative deadlock
Case BriefsSupreme Court

“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”.

IGST and UTGST
Legislation UpdatesNotifications

Discover the latest IGST and UTGST rate changes announced by the Finance Ministry, effective from 22nd September.

New GST Rates
Legislation UpdatesNotifications

The new GST Rates will come into effect on 22-9-2025 impacting a range of goods and services.

Banking Laws (Amendment) Act 2025
Legislation UpdatesNotifications

The implementation of these provisions marks a significant step towards strengthening the legal, regulatory, and governance framework of the Indian Banking Sector.

ministry of finance
Legislation UpdatesNotifications

One-Time UPS Option for NPS Employees.

Tuhin Kanta Pandey
Appointments & TransfersNews

Mr Tuhin Kanta Pandey will replace Ms Madhabi Puri Buch.

ministry of finance
Legislation UpdatesRules & Regulations

These ships will come under the ambit of guidelines issued by Ministry of Tourism & Ministry of Shipping.

Justice (Retd.) Mayank Kumar Jain
Appointments & TransfersNews

The Department of Economic Affairs, Ministry of Finance notified the appointment on 03-01-2025.

ministry of finance
Legislation UpdatesNotifications

The 25th Governor of the Reserve Bank of India, Shaktikanta Das, served at the post for 6 years.

ministry of finance
Legislation UpdatesNotifications

Taxpayers are not required to pay extra interest or penalties on their previous tax obligations.

ministry of finance
Legislation UpdatesRules & Regulations

Payment of the amount compounded will be done electronically and within 15 days from the date of compounding order.

Descheduling of caste
Case BriefsSupreme Court

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
Experts CornerLakshmikumaran & Sridharan

by Bharathi Krishnaprasad* and Krishna Laasya**

Legislative Flaws
Op EdsOP. ED.

by Justice Basu Deo Agarwal*

Budget 2024-2025
Hot Off The PressNews

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

Government's Mediation Move
Op EdsOP. ED.

by Tanishq Juneja

Arbitration Bar of India
New releasesNews

“This Memorandum comes at a time when the world is looking to India to provide leadership in all spheres; more so given its economic heft. Instead of charting a path of growth by allowing businesses to realize their full potential, this Memorandum will potentially inhibit investment.”

Ministry of Consumer Affairs
Legislation UpdatesRules & Regulations

Central Consumer Protection Authority (Recruitment, Salary, Allowances and other Terms and Conditions of Service of Officers and Other Employees of Central Authority) Rules, 2024

Relaxation on tax deductions
Legislation UpdatesNotifications

The provisions will come into force on 1-4-2024.