AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
RBI publishes full results of G-Sec auction: ₹23,000 crore 7.06% GS 2041 and ₹13,000 crore 7.43% GS 2076 issued. High bid volume reflects strong investor appetite despite rising yields.
RBI to auction ₹23,000 crore in Treasury Bills: 91-day, 182-day, and 364-day tenors. Auction dates set for October 14, 2026, with settlement on October 15.
The 57th GST Council decided to auto-approve routine registration changes like trade name, partner names, and additional business places.
J&K and Ladakh HC allows refund of Education Cess amounting to dues under protest, subject to pendency of Supreme Court appeals and submission of bank guarantee.
Guidance issued on claiming GST ITC for IPO-related expenses, covering fresh issues, OFS, promoter sales, and treatment of common costs under Rules 42/43.
RBI annual performance reporting (APR) applies to Indian entities with overseas investments; filings require audit confirmation and are due by June 30.
The semi-annual interest rate on the Government of India Floating Rate Bond 2028 (FRB 2028) has been fixed at 6.45% p.a. for the period October 4, 2026, to April 3, 2027.
Section 52 restricts securities premium use to bonus issue, expense write-off, issue cost, redemption premium, and buy-back.
The RBI has set the Ways and Means Advances (WMA) limit for the Government of India at ₹50,000 crore for the second half of FY27. A market loan floatation may be triggered upon 75% utilization.
The RBI has released the auction calendar for 91-day, 182-day, and 364-day Treasury Bills for October–December 2026. Upcoming auctions include ₹9,000 crore of 91-day and ₹8,000 crore of 182-day T-bills on September 30, 2026.
Centre appoints 1991-batch IRS officer Mayank Kumar as Member of CBIC, filling a key administrative vacancy.
The Rajasthan High Court has restored a delayed GST appeal and mandated the Appellate Authority to consider the merits of the case, underscoring a fair hearing.
This article delves into the reasons for GST registration cancellation along with the procedural aspects involved. It discusses the retrospective effects and compliance implications for affected businesses.