22 Jan, 2025
ICICI Prudential Life Insurance Company Ltd. witnessed a steep 9% drop in its stock price, surprising many, especially after reporting a remarkable 43% increase in net profit for Q3 FY24, reaching ₹326 crore. This decline highlights how stock market reactions often transcend headline financials, reflecting deeper investor concerns. What Happened to ICICI Pru Life Stock? […]
Read More22 Jan, 2025
The Role and Validity of GST Section 16(2)(c) The Goods and Services Tax (GST) Act introduced in 2017 aims to streamline indirect taxation in India. Among its provisions, Section 16(2)(c) has been a topic of contention, particularly regarding its constitutional validity. This section requires recipients of goods or services to ensure that the tax due […]
Read More22 Jan, 2025
Supreme Court Stays Show Cause Notices on Online Gaming – Key Insights The Supreme Court (SC) recently issued a significant ruling concerning show cause notices (SCNs) under GST laws against online gaming companies. The matter revolves around show cause notices served to companies like Gameskraft Technologies Pvt. Ltd., involving alleged tax evasion under the Central […]
Read More22 Jan, 2025
Order Without DIN or AO’s Signature Is Invalid: AP & Telangana HC In a landmark judgment, the Andhra Pradesh and Telangana High Court reaffirmed a crucial principle under GST compliance. In the case of Sd Exports vs. State of Andhra Pradesh ([2025] 170 taxmann.com 355), the court ruled that any order issued without a Document […]
Read More22 Jan, 2025
Introduction The Central Board of Direct Taxes (CBDT) has notified conditions for the applicability of the presumptive taxation regime for non-resident cruise ship operators, as introduced under the Finance (No. 2) Act, 2024. This initiative aims to streamline taxation and promote growth in India’s burgeoning cruise tourism sector. Notification No. 9/2025, published on 21st January […]
Read More22 Jan, 2025
Nifty 50 at 23,000: Understanding Market Volatility The Nifty 50 index recently tested the 23,000 mark—a critical psychological threshold—amid heightened market volatility. Let’s delve into what this means for investors, backed by data, technical analysis, and expert insights. Market Performance Overview The Nifty 50, a barometer of the Indian stock market, has been under pressure, […]
Read More21 Jan, 2025
Indian Stock Market Slump: What’s Driving Sensex & Nifty Down? The Indian stock market has faced notable turbulence recently, with both the Sensex and Nifty indices experiencing sharp declines. This blog explores the reasons behind the downturn, its impact on sectors, and what lies ahead. Key Market Updates: Sensex & Nifty Trends What’s Causing the […]
Read More21 Jan, 2025
US Immigration Policies: Stricter Rules Ahead? On his first day in office, the new US President introduced pivotal changes to immigration policy, potentially making it more challenging for non-citizens to secure US citizenship or employment. These updates are part of a broader agenda aimed at addressing national security, economic stability, and legal immigration pathways. 🚨 […]
Read More21 Jan, 2025
The Parandur Airport Project is set to become Chennai’s second airport, targeting the rising demand for air travel in the region. While the project is ambitious, it has sparked widespread controversies over its financial implications, land acquisition challenges, and environmental concerns. What is the Parandur Airport Project? The Parandur Airport, proposed as an extension to […]
Read More21 Jan, 2025
PMLA Seizure: Corruption Case in Madhya Pradesh Exposed On 17th January 2025, the Enforcement Directorate (ED) conducted extensive search operations under the Prevention of Money Laundering Act, 2002 (PMLA). The searches spanned various premises in Bhopal and Gwalior Districts of Madhya Pradesh, as well as in Pune, Maharashtra. This operation unearthed significant evidence in the […]
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