31 Jul, 2025
SEBI Extends Algo Trading Deadline for Retail Safety To enhance investor protection in algorithmic trading, SEBI has extended the deadline for brokers to implement new safety measures designed to shield retail investors. These measures are aimed at increasing transparency and reducing systemic risk in the fast-growing space of algo-driven orders on Indian stock exchanges. Why […]
Read More31 Jul, 2025
Chhattisgarh HC Restores Dismissed Tax Case Against SECL In a significant development for income tax litigation, the Chhattisgarh High Court has restored an appeal previously dismissed against South Eastern Coalfields Limited (SECL) due to a procedural lapse. The Court allowed the Revenue Department 7 days to rectify defects, reinforcing that minor procedural defaults shouldn’t override […]
Read More31 Jul, 2025
Wrongly Taxed Due to Aadhaar Fraud? Here’s What the HC Said In a key judgment, the Madras High Court recently quashed tax recovery against a small-time grocer who fell victim to Aadhaar-based identity theft, offering critical legal protection for genuine taxpayers. Case Summary: PAN Misused Without Consent What the High Court Ruled The Madras High […]
Read More31 Jul, 2025
DGFT Expands GAEC Scheme for Chemical Exports The Directorate General of Foreign Trade (DGFT) has widened the scope of the General Authorisation for Export of Chemicals & Related Equipment (GAEC). This move simplifies export procedures for select chemicals listed in Appendix 10(N), allowing exporters to ship to additional countries without case-by-case approvals. This step aligns […]
Read More31 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 […]
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