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The Unaddressed Demand: High Court Benches and Political Accountability
Posted inBlog

The Unaddressed Demand: High Court Benches and Political Accountability

Explore why political parties neglect demands for new High Court benches, causing judicial disparities and hindering justice access across states.
Posted by Prasenjit Bhowmik May 24, 2026
New Internal Audit Mandate Bolsters Governance for Indian Private Companies
Posted inBlog

New Internal Audit Mandate Bolsters Governance for Indian Private Companies

Discover how India's new internal audit mandate impacts private companies exceeding specific financial thresholds, enhancing governance.
Posted by Prasenjit Bhowmik May 24, 2026
CESTAT Rules Discount Abatement Practical for Jewellery Sector, Citing Trade Realities
Posted inBlog

CESTAT Rules Discount Abatement Practical for Jewellery Sector, Citing Trade Realities

CESTAT rules jewellery businesses can claim excise duty discount abatements using consolidated sales data, simplifying compliance for the sector.
Posted by Prasenjit Bhowmik May 23, 2026
Indian Rupee Weakens: Understanding the Factors and Ramifications
Posted inBlog

Indian Rupee Weakens: Understanding the Factors and Ramifications

Explore why the Indian Rupee is weakening against the US Dollar and understand its significant impact on inflation, imports, exports, and daily life.
Posted by Prasenjit Bhowmik May 23, 2026
Indian Finance Ministry Approves Aadhaar Authentication for Select NBFCs to Boost PMLA Compliance
Posted inTaxation and Legal Insights

Indian Finance Ministry Approves Aadhaar Authentication for Select NBFCs to Boost PMLA Compliance

India's Finance Ministry allows select NBFCs to use Aadhaar for customer authentication, enhancing PMLA compliance and streamlining onboarding securely.
Posted by Prasenjit Bhowmik May 22, 2026
Inside India's Working Capital Audits: How Banks Validate Stock and Receivables to Prevent NPA Surge
Posted inTaxation and Legal Insights

Inside India’s Working Capital Audits: How Banks Validate Stock and Receivables to Prevent NPA Surge

Learn how Indian banks use working capital audits to validate stock and receivables, preventing an NPA surge and managing credit risk effectively.
Posted by Prasenjit Bhowmik May 22, 2026
Judicial Ruling Restricts Customs Authorities from Using Unverified Statements as Evidence
Posted inBlog

Judicial Ruling Restricts Customs Authorities from Using Unverified Statements as Evidence

On May 21, 2026, a landmark judicial ruling in New Delhi redefined the evidentiary standards for customs disputes in India, establishing that investigative statements cannot be admitted as evidence without…
Posted by Prasenjit Bhowmik May 22, 2026
APTEL Resolves Long-Standing Regulatory Dispute Between PEDA and Punjab Commission
Posted inBlog

APTEL Resolves Long-Standing Regulatory Dispute Between PEDA and Punjab Commission

On May 18, 2026, the Appellate Tribunal for Electricity (APTEL) in New Delhi issued a landmark common judgment, resolving a decade-long regulatory impasse between the Punjab Energy Development Agency (PEDA)…
Posted by Prasenjit Bhowmik May 21, 2026
IFSCA Unveils Ship Leasing Framework to Propel India's Maritime Finance Hub
Posted inTaxation and Legal Insights

IFSCA Unveils Ship Leasing Framework to Propel India’s Maritime Finance Hub

Discover how IFSCA's new ship leasing framework in IFSCs like GIFT City is set to transform India into a global maritime finance hub.
Posted by Prasenjit Bhowmik May 20, 2026

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  • CESTAT Ruling Strengthens CENVAT Credit Eligibility Based on Service Nexus
  • NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

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