AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has implemented amendments to enhance credit risk management protocols for Rural Cooperative Banks, aimed at improving operational resilience.
The Reserve Bank of India has revealed amendments to its Stressed Assets Resolution framework for All India Financial Institutions. These changes are designed to address the management of stressed assets effectively.
The Reserve Bank of India has amended the credit risk management directions for Regional Rural Banks, aiming to bolster financial stability and enhance risk assessment protocols.
The Reserve Bank of India has amended its directions regarding income recognition, asset classification, and provisioning for All India Financial Institutions, reinforcing the regulatory framework.
The Reserve Bank of India has revised the 'Responsible Business Conduct' regulations for All India Financial Institutions. These revisions emphasize ethical practices and compliance in financial operations.
The Reserve Bank of India has issued amendments to the credit risk management protocols for All India Financial Institutions. These changes aim to enhance financial stability and risk assessment measures.
The Supreme Court approved 112 new Advocates-on-Record to participate in the upcoming SCAORA elections, ensuring the involvement of recent qualifiers.
An assailant opened fire on advocate Gagandeep Jammu, highlighting security concerns for legal practitioners in Punjab.
The ITAT Delhi ruled that a penny stock loss cannot be declared bogus solely based on an Investigation Wing report without independent verification. The matter has been remanded for further inquiry.
The CESTAT has allowed an appeal stating that service tax for commercial coaching and training services cannot be levied by different parties, addressing the principle of double taxation.
The CESTAT ruled that CENVAT credit for service tax on inputs directly or indirectly used in manufacturing filled polypropylene cannot be denied, emphasizing the proper basis for claims.
Wealthy Indians strategically manage tax liabilities through lawful financial planning and investments. Understanding these strategies can provide insight into effective tax management.
The Tripura High Court ruled that a GST order was invalid as there was no proof of delivery, reinforcing the necessity of proper service protocols under the CGST Act.