Supreme Court ruling clarifies tax treatment of advance room night payments and holiday scheme surrenders, providing certainty for the hospitality sector.
The Indian government announced a significant policy shift this week, confirming that interest and capital gains earned by Foreign Portfolio Investors (FPIs) on government securities (G-Secs) will be exempt from…
The Regulatory Landscape of Foreign ContributionsIn a significant shift for non-profit organizations operating in India, recent regulatory clarifications have underscored the strict prohibition against transferring foreign contributions to non-FCRA registered…
The Supreme Court of India has issued a landmark ruling establishing that online money gaming involving stakes constitutes a taxable supply of actionable claims, effectively ending a long-standing legal ambiguity.…
The Insolvency and Bankruptcy Board of India (IBBI) officially notified the Corporate Insolvency Resolution Process (CIRP) Amendment Regulations 2026 this week, marking a significant regulatory push to minimize litigation and…
The Insolvency and Bankruptcy Board of India (IBBI) has officially amended its liquidation regulations this week, fundamentally shifting the power dynamic by placing the Committee of Creditors (CoC) at the…
Recent Legal Precedent in Consumer Property DisputesOn May 29, 2026, a significant real estate dispute between complainants Rohit and Gauri Pandit and developer Pashmina Realty Pvt Ltd reached a critical…
As the fiscal year 2025-26 approaches its close, businesses operating in India face a critical window to rectify Goods and Services Tax (GST) reporting discrepancies before the statutory deadline of…