AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI announced the results of the Overnight Variable Rate Repo auction held on July 09, 2026, with all bids allotted at a cut-off rate of 5.26%.
The RBI has initiated the Inflation Expectations Survey of Households for July 2026, focusing on consumer price movement assessments.
The RBI announced a Variable Rate Repo auction for ₹50,000 crore on July 10, 2026, aimed at addressing liquidity conditions.
The RBI announced the results of the 3-day Variable Rate Repo auction held on July 10, 2026. A total of ₹53,233 crore was received in bids, with ₹50,015 crore allotted at a cut-off rate of 5.26%.
A two-part exploration examines the historical context and development of legal deposit laws in India, revealing their significance for copyright and public access to literature and scholarship.
The CDSCO seeks feedback regarding the use of brand name extensions in pharmaceuticals, prompting a long-overdue examination of practices that potentially mislead consumers. Experts highlight the implications for compliance and regulatory oversight.
The Telangana Authority for Advance Rulings has ruled that user charges collected beyond statutory fees are not exempt from GST under Notification 12/2017, establishing critical guidelines for fee structures subject to GST.
The Telangana High Court ruled that issuing a fresh show cause notice after remand contravenes its earlier directives, setting aside the assessment under Section 74. This ruling emphasizes the integrity of judicial directions in tax proceedings.
The Madras High Court has upheld the recovery of GST dues from a partner's personal bank account in line with Section 79, reinforcing the liability of individual partners for partnership firm obligations. This ruling has significant implications for partnership taxation.
The Kerala High Court has quashed a composite GST show cause notice covering multiple assessment years, allowing for issuance of separate notices. This reinforces the need for clarity and precision in GST compliance procedures.
The Kerala High Court invalidated a consolidated GST show cause notice affecting multiple financial years, allowing for fresh year-wise notices to be issued. This ruling emphasizes the importance of specificity in tax compliance notifications.
The Kerala High Court affirmed that a cryptic order from an appellate authority does not negate the necessity for statutory appeal under Section 112 of the CGST Act. This decision clarifies procedural obligations surrounding GST appeals.
The RBI has officially removed Coӧperatieve Rabobank U.A. from its Second Schedule after it ceased to operate as a banking company.