31 Jul, 2025
Can You Sell a ₹6 Cr Property and Pay Zero Tax? A recent Income Tax Appellate Tribunal (ITAT) decision allowed an individual to sell a property worth ₹6 crore without paying a single rupee in capital gains tax. This ruling offers vital insights into how tax exemption provisions work under Indian tax law—especially in property […]
Read More31 Jul, 2025
Fake GST Inspector Scam: Know Your Rights Fake GST inspector scams are on the rise — recently, MNS workers caught and thrashed a bogus coaching centre owner who posed as a GST official. He charged ₹30,000 per student, promising help in clearing UPSC/MPSC exams. Let’s break down what the law says, how to verify a […]
Read More31 Jul, 2025
Crackdown on GST Evasion: What Telangana’s Push Means for You Telangana’s Chief Minister recently called for a crackdown on GST evasion — with a strong focus on AI tools, stricter enforcement, and improved taxpayer services. This signals a serious policy shift not just in Telangana, but likely across other states too. Here’s what this means […]
Read More31 Jul, 2025
SEBI Action on Stock Tips: What Happened and Why It Matters The SEBI action on stock tips has raised serious questions about misuse of TV platforms. In a high-profile probe, SEBI alleged that guest experts on Zee Business shared stock tips privately before appearing on air. This allowed connected entities to trade and profit—before the […]
Read More31 Jul, 2025
ECRL of ITC Blocked without Hearing: What the Rajasthan HC Said Blocked ITC via ECRL without hearing the taxpayer? That may not hold water under GST law. In a recent case, the Rajasthan High Court refused to intervene, but also noted that blocking Input Tax Credit (ITC) via Electronic Credit Reversal Ledger (ECRL) without granting […]
Read More31 Jul, 2025
Executive Directors Now Covered Under General Insurance Pension Scheme The General Insurance Pension Scheme has been extended to include Executive Directors of public sector general insurers, as per a recent clarification by the Department of Financial Services (DFS), Ministry of Finance. This update ensures parity in post-retirement benefits for senior management and aims to resolve […]
Read More31 Jul, 2025
SEBI Rule on ₹10 Lakh Minimum in Investment Funds SEBI has introduced a key compliance rule mandating daily monitoring and auto-redemption when the ₹10 lakh minimum investment threshold in Specialized Investment Funds is breached. This move aims to protect retail investors and ensure only high-net-worth individuals enter risk-heavy fund categories. What Are Specialized Investment Funds? […]
Read More31 Jul, 2025
8th Pay Commission Delay: Govt Clarification Explained The 8th Pay Commission delay has been clarified by the Ministry of Finance. Contrary to ongoing rumours, no formal proposal is under consideration as of now. Central government employees expecting revised salary slabs will have to wait longer, as confirmed in a recent Rajya Sabha reply. What the […]
Read More31 Jul, 2025
DRC-01D Notice Mandatory Before Interest Recovery Under GST If you’ve received a notice for GST recovery under Section 79, check if Form DRC-01D was issued first. As per latest rules, recovery of interest on delayed GST payment now requires prior notice — giving taxpayers a chance to respond before any coercive action. This change comes […]
Read More31 Jul, 2025
Banking Laws Amendment 2025: What Changes from August 1? The Banking Laws (Amendment) Act, 2025 brings major reforms starting August 1. With a sharp focus on bank governance, depositor protection, audit oversight, and cooperative bank compliance, this amendment updates three major laws — the Banking Regulation Act, Banking Companies (Acquisition and Transfer of Undertakings) Act, […]
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