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SEBI Unveils Plan to Stabilize Options Strike Prices Amidst Volatility
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SEBI Unveils Plan to Stabilize Options Strike Prices Amidst Volatility

SEBI introduces a new framework to stabilize options strike prices, combating market volatility and enhancing investor protection.
Posted by Prasenjit Bhowmik May 26, 2026
RBI Tightens Co-operative Bank Governance with New Director Tenure Rules
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RBI Tightens Co-operative Bank Governance with New Director Tenure Rules

RBI tightens co-operative bank governance, mandating a 3-year cooling-off period for directors after 10 years to boost accountability.
Posted by Prasenjit Bhowmik May 26, 2026
RBI Tightens Governance Rules for Rural Co-operative Banks to Prevent Tenure Loopholes
Posted inBlog

RBI Tightens Governance Rules for Rural Co-operative Banks to Prevent Tenure Loopholes

RBI tightens governance for Rural Co-operative Banks, closing loopholes that allowed directors to bypass tenure limits and ensuring stronger oversight.
Posted by Prasenjit Bhowmik May 26, 2026
FSSAI Strengthens Food Safety Standards: New Limits for Contaminants in Pulses, Oils, and Seafood Effective December 2026
Posted inBlog

FSSAI Strengthens Food Safety Standards: New Limits for Contaminants in Pulses, Oils, and Seafood Effective December 2026

FSSAI introduces stricter contaminant limits for pulses, oils, and seafood, enhancing food safety standards effective December 2026.
Posted by Prasenjit Bhowmik May 26, 2026
SAFEMA Tribunal Rules Against Asset Attachment of Alleged Abettors Without Benami Property Proof
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SAFEMA Tribunal Rules Against Asset Attachment of Alleged Abettors Without Benami Property Proof

SAFEMA Tribunal rules assets of alleged abettors cannot be attached under PBPT Act without independent proof of benami property.
Posted by Prasenjit Bhowmik May 25, 2026
Allahabad High Court Rules on 'Shall' in GST Law: Timeline Not Automatically Mandatory
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Allahabad High Court Rules on ‘Shall’ in GST Law: Timeline Not Automatically Mandatory

Allahabad High Court clarifies 'shall' in GST law, ruling that timelines in Section 129(3) are not automatically mandatory.
Posted by Prasenjit Bhowmik May 25, 2026
Co-operative Banks Eligible for Section 80P Deduction on Interest Income, Rules ITAT Ahmedabad
Posted inBlog

Co-operative Banks Eligible for Section 80P Deduction on Interest Income, Rules ITAT Ahmedabad

ITAT Ahmedabad rules co-operative banks can claim Section 80P deduction on interest from deposits with other co-operative banks, offering significant relief.
Posted by Prasenjit Bhowmik May 25, 2026
CESTAT Delhi Rules No Service Tax on Uninvoiced Parent Company Cost Allocations
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CESTAT Delhi Rules No Service Tax on Uninvoiced Parent Company Cost Allocations

CESTAT Delhi rules un-invoiced parent company cost allocations are not subject to service tax, clarifying no actual services or consideration were involved.
Posted by Prasenjit Bhowmik May 25, 2026
CESTAT Delhi Rules Multifunction Protection Devices Qualify for Customs Exemption
Posted inBlog

CESTAT Delhi Rules Multifunction Protection Devices Qualify for Customs Exemption

CESTAT Delhi rules multifunction protection devices qualify as relays for customs duty exemption, clarifying classification despite added features.
Posted by Prasenjit Bhowmik May 25, 2026
Tax Tribunal Upholds Cash Deposit Scrutiny Amidst Insufficient Business Proof
Posted inBlog

Tax Tribunal Upholds Cash Deposit Scrutiny Amidst Insufficient Business Proof

Hyderabad ITAT rules that mere submissions and audit reports are insufficient; tangible business proof is essential for explaining cash deposits.
Posted by Prasenjit Bhowmik May 25, 2026

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