The CBEC has clarified that the sale / transfer of goods lying in a Customs Bonded Warehouse would attract (i) the integrated goods and services tax (IGST) at the time of transfer; and (ii) customs duty comprising of basic customs duty and IGST...

The Income Tax Appellate Tribunal , in the case of Emami Infrastructure Limited v ITO Ward 12 (1) Kolkata, has upheld the capital gains tax exemption to a company arising on transfer of capital assets...

Cross-border M&A transactions routinely involve offshore holding structures. A typical exit involves selling shares in a foreign holding company whose value is substantially derived from operating businesses in another jurisdiction, such as India.

It is peculiar to note that the tax authorities have challenged non-withholding of tax even when the transaction resulted in a capital loss to the Cypriot seller and thus, no taxable income arose in the hands of the Cypriot seller.

The Ministry of Health and Family Welfare (MOHFW) notified the Cigarettes and other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution)...

Earlier this year, the Finance Act, 2015 had brought about the much awaited tax relief for domestic funds industry by granting a tax pass through status to Category I and II AIFs....

The Finance Act, 2017 amended the provisions of section 10(38) of the Income-tax Act, 1961 (IT Act).

The constitutional validity of levy of Entry Tax has been a matter of constant hue and cry amongst the trade.

Pursuant to the signing of the third protocol (Protocol) amending the India-Singapore Tax Treaty (Treaty) on 30 December 2016, the text of the Protocol has now been officially released...

The Finance Act, 2017 also introduced the provision with respect to determining the FMV of shares in the hands of the seller for the purposes of determining capital gains for the seller.

The question before the Court was whether consideration paid by flat buyers to a builder/promoter/developer for acquiring a flat being constructed in a complex could attract service tax...

The Supreme Court, in an order dated 22 July 2022, has decided a batch of nearly four hundred petitions and has directed opening of the Goods and Services Tax (GST) portal...

In M/s HDFC Property Fund v Income Tax Officer, the Mumbai bench of the Income Tax Appellate Tribunal has, through an order dated 28 February 2019, ruled in favour of the taxpayer, a SEBI registered Venture Capital Fund ...

On 27 February 2026, the Telecom Regulatory Authority of India (TRAI) released a direction regarding institutionalisation of artificial intelligence (AI) / machine learning (ML) intelligence for detection of unsolicited commercial communication (UCC) and inter-operator sharing for regulatory action against UCC ‘senders' (Direction). The Direction builds upon a series of regulatory oversight initiatives undertaken to address UCC

On 24 June 2020, the Reserve Bank of India (RBI) issued directions on "Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines"...

On 20 August 2024, the Securities and Exchange Board of India (SEBI) issued the Cybersecurity and Cyber Resilience Framework (Cybersecurity Framework) to provide standards and guidelines for strengthening cyber resilience and maintaining robust cyber security of SEBI regulated entities (REs).

The Government affirms determination to introduce Goods and Services Tax (GST) in the coming year to replace existing multiple taxes.

The Hon'ble Finance Minister has announced a host of relaxations in the compliance timelines for small taxpayers and various other relief measures.

In view of stakeholder comments and in order to provide a diverse source of funds, reduce stress and ease the liquidity crisis for corporates in certain sectors, the Reserve Bank of India has relaxed the restrictions relating to ...

The Securities and Exchange Board of India (SEBI) in its board meeting dated 30 April 2024 (Board Meeting) has approved a series of proposals to ease disclosures under various regulations inter alia, the SEBI Regulations, 2021 and SEBI Regulations, 2015.