Special Deposit Scheme interest rate
Legislation UpdatesNotifications

Finance Ministry has announced that deposits under the Special Deposit Scheme (SDS) for non-government provident, superannuation and gratuity funds will continue to earn 7.1% interest during July—September 2026.

GSTAT Appeals Deadline Extended
Legislation UpdatesNotifications

The Government has extended the last date for filing appeals before the GST Appellate Tribunal (GSTAT) from 30 June 2026 to 31 July 2026, citing technical difficulties arising from a surge in filings on the GSTAT portal.

GSTAT appeal scrutiny leniency
Legislation UpdatesNotifications

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.

Capital Gains Accounts Scheme
Legislation UpdatesRules & Regulations

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
Legislation UpdatesRules & Regulations

Vide this amendment, the electronic grant of GST registration will be given in 3 working days.

Banking Companies Nomination Rules
Legislation UpdatesRules & Regulations

A fresh wave of modernization to how bank customers in India manage nominations.

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**