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SC Allows Review, Upholds DRI Powers to Issue Customs Section 28 NoticesFeatured
Supreme Court of Indiatax

SC Allows Review, Upholds DRI Powers to Issue Customs Section 28 Notices

The Supreme Court of India has upheld the powers of the Directorate of Revenue Intelligence (DRI) to issue notices under Section 28 of the Customs Act. This significant decision affirms the legislative intent behind Section 28, enhancing enforcement capabilities.

Aug 1, 2026Read more →
Karnataka HC Orders Action Against Judge for Road Rage IncidentFeatured
Karnataka High Courtcriminalconstitutional

Karnataka HC Orders Action Against Judge for Road Rage Incident

The Karnataka High Court has ordered action against a civil judge involved in a road rage incident. The court condemned the judge's behavior and criticized the police for acting against victims.

Jul 31, 2026Read more →
Insights into ANI v. OpenAI: User Rights and Fair DealingFeatured
Delhi High Courtintellectual_property

Insights into ANI v. OpenAI: User Rights and Fair Dealing

In a landmark interim order, the Delhi High Court ruled on the non-infringing status of OpenAI’s use of ANI’s copyrighted works, highlighting user rights and public interest under the Copyright Act. This ruling sets a significant precedent for AI applications in India.

Jul 31, 2026Read more →
Supreme Court Upholds DRI Powers to Issue Customs Section 28 NoticesFeatured
Supreme Court of Indiatax

Supreme Court Upholds DRI Powers to Issue Customs Section 28 Notices

The Supreme Court allowed a review in the Canon India case upholding the powers of DRI officers under Section 28 for issuing customs notices and setting aside contradictory judgments.

Jul 31, 2026Read more →
Gujarat HC Faults CESTAT Remand Order in Customs Classification CaseFeatured
Gujarat High Courttax

Gujarat HC Faults CESTAT Remand Order in Customs Classification Case

The Gujarat High Court quashed a remand order issued by CESTAT, instructing the Tribunal to decide the appeal on merits within four months due to clarity issues in the previous ruling.

Jul 31, 2026Read more →
SEBI Introduces GARUDA Mechanism for AIF Scheme LaunchFeatured
Securities and Exchange Board of Indiacorporate

SEBI Introduces GARUDA Mechanism for AIF Scheme Launch

SEBI has implemented the GARUDA mechanism to streamline the filing process and launch procedures for Alternative Investment Funds (AIFs). This revision is effective immediately under the amended AIF Regulations, aiming to expedite the approval and operationalization of AIF schemes.

Jul 31, 2026Read more →
NSE IPO: Governance Test Beyond Size and ValuationFeatured
Securities and Exchange Board of Indiacorporatetax

NSE IPO: Governance Test Beyond Size and Valuation

The National Stock Exchange's upcoming IPO is not just a financial event but a critical governance test. The offering aims to assess market pricing of a significant institution.

Jul 30, 2026Read more →
Punjab & Haryana HC Denies Bail to Lawyer in Court Manipulation CaseFeatured
Punjab & Haryana High Courtcriminalcorporate

Punjab & Haryana HC Denies Bail to Lawyer in Court Manipulation Case

The Punjab and Haryana High Court has refused bail to advocate Vikas Kumar, accused of conspiring to manipulate judicial proceedings. The allegations suggest involvement in an organized criminal network intending to misappropriate trust property.

Jul 30, 2026Read more →
Delhi HC Rules in Favor of OpenAI Over Copyright ClaimsFeatured
Delhi High Courtintellectual_propertycyber

Delhi HC Rules in Favor of OpenAI Over Copyright Claims

In a recent ruling, the Delhi High Court dismissed an interim injunction against OpenAI concerning the ownership of training data for ChatGPT, establishing prima facie protection under the Indian Copyright Act. This decision is a significant development for technology and copyright intersections.

Jul 30, 2026Read more →
Supreme Court Upholds Section 16(2)(c), Making Supplier Tax Payment Mandatory for ITCFeatured
Supreme Court of Indiatax

Supreme Court Upholds Section 16(2)(c), Making Supplier Tax Payment Mandatory for ITC

The Supreme Court affirmed the constitutional validity of Section 16(2)(c) of the CGST Act, determining that Input Tax Credit (ITC) can only be claimed if the supplier has paid the corresponding GST to the government, supporting the Gujarat High Court's ruling.

Jul 30, 2026Read more →
RBI Proposes New FDI Framework in Foreign Investment Rules 2026Featured
Reserve Bank of Indiacorporateinternational

RBI Proposes New FDI Framework in Foreign Investment Rules 2026

The RBI has released draft Foreign Investment Rules 2026, proposing a comprehensive overhaul of the FDI framework and introducing an overseas listing scheme. The rules are open for public comments until August 31, 2026.

Jul 30, 2026Read more →
Delhi HC Orders Winding Up of Paytm Payments BankFeatured
Delhi High Courtbankingcorporate

Delhi HC Orders Winding Up of Paytm Payments Bank

The Delhi High Court has ordered the winding up of Paytm Payments Bank following the cancellation of its RBI license, appointing an Official Liquidator to oversee the process. The decision emphasizes regulatory compliance in the banking sector.

Jul 30, 2026Read more →
Recent FEMA Reforms Simplify FDI, ODI, and ECB ComplianceFeatured
Finance Ministrycorporatetax

Recent FEMA Reforms Simplify FDI, ODI, and ECB Compliance

The recent FEMA reforms aim to simplify processes related to Foreign Direct Investment (FDI), Overseas Direct Investment (ODI), and External Commercial Borrowing (ECB), facilitating better compliance frameworks for businesses. This initiative reflects an effort to encourage foreign investments.

Jul 30, 2026Read more →
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