SEBI extended the suspension on key agricultural commodity derivatives to control volatility and speculation. The move aims to ensure price stability in essential ...

The new law replaces the 1961 Act to address excessive complexity and scattered provisions built over decades. It simplifies language, removes redundancies, and improves structure while keeping tax ...

The notification grants exemption under Section 10(46) as the entity operates without commercial intent. It clarifies that only specified income like grants and refundable interest qualifies. The ...

The authority penalized directors for executing related party transactions without fresh or valid approvals. It held that reliance on outdated resolutions violates Section 188. The ruling stresses ...

The RBI introduced a cap on NOP-INR positions to limit excessive currency exposure by Authorised Dealers. The directive aims to enhance exchange rate stability and risk management. It mandates strict ...

The government grants tax exemption on specified income to an education board. The benefit is subject to strict compliance conditions and filing ...

The government notifies a statutory authority as eligible for income tax exemption. The benefit applies from AY 2025–26 subject to specified ...

The article highlights that trademark conflicts remain a major reason for rejection even when MCA auto-check shows no issue. It emphasizes the need for independent verification and proper NOC ...

The Court held that membership cannot be granted where the underlying flats do not exist and are merely refuge areas.It ruled that agreements for such spaces are invalid and cannot confer membership ...

The authority penalized the company for using funds before allotment and filing statutory returns. It held that Section 42(4) strictly prohibits such utilization. The ruling reinforces compliance in ...

The notification grants exemption under Section 10(46) as the authority performs non-commercial legal aid functions. It covers grants, fees, and interest income. The ruling ensures tax relief subject ...

The scheme reduces the cost of filing Form STK-2 significantly. It enables companies to close operations affordably while ensuring compliance with legal ...