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Category:
Taxation
Rectification Of Errors In Returns: CBIC v. Aberdare Technologies
February 6, 2026
Brief Facts: Aberdare Technologies (P.) Ltd. (“Assessee”) is a registered person under the Central Goods and Services Tax Act, 2017 (“CGST…
Issuance Of Summons Not Considered ‘Initiation of Proceedings’: Armour Security (India) Ltd. v. Commissioner, CGST
February 6, 2026
Brief Facts and Background: The Petitioner, engaged in the business of providing security services, was issued a Show Cause Notice…
Understanding The Scope Of ‘Undue Hardship’: Deputy Director v. Google India
February 6, 2026
Brief Facts: Google India Pvt. Ltd. (“GIPL”) owed Rs.3.64 crore to Google Ireland Ltd. as distributor fees under the ‘Ad Words Program’ for marketing…
Clarity On Requirement of RBI Approval for Payments Against Foreign Arbitral Awards: GPE (India) Ltd v. Twarit Consultancy Services Pvt. Ltd
February 6, 2026
Brief Facts: The petitioners, GPE (India) Limited (“GPE”) were Mauritius-based investors and shareholders who had invested approximately INR 125 crore in…
Draft ECB Reforms
February 6, 2026
On October 3, 2025, the Reserve Bank of India (RBI) issued the draft Foreign Exchange Management (Borrowing and Lending) (Fourth Amendment)…
Amendments to Foreign Exchange Regulations
February 6, 2026
The Reserve Bank of India introduced certain amendments to the (i) Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt…
Amendment To Compounding Rules
February 6, 2026
Brief Background: Under Section 15 of the Foreign Exchange Management Act, 1999 (“FEMA”), the compounding mechanism enables individuals and companies…
Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025
February 6, 2026
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, introduced in Lok Sabha on December 16, 2025, and swiftly passed…
Union Budget 2026
February 2, 2026
Introduction The Government of India announced the Union Budget 2026 on 1 February 2026 (“Budget 2026”). Budget 2026 primarily has a…
A Note on Major GST Reforms in India
September 8, 2025
On 03 September 2025, the Indian Ministry of Finance put forth the recommendations of the Goods and Services Tax (GST)…
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