The regulator has issued detailed directions standardising balance sheet formats, disclosures, and accounting treatment for rural co-operative banks. The key takeaway is stricter transparency and ...

Rural co-operative banks must now report suit-filed and non-suit large defaulter accounts to credit bureaus every month. The ruling strengthens transparency and early risk detection for ...

The regulator has overhauled asset-liability management norms for rural co-operative banks, setting clear Board responsibilities, ALCO governance, and risk limits. The key takeaway is a unified, ...

The case highlights how young entrepreneurs are choosing direct selling for time flexibility and digital-first operations. It ...

The government imposed anti-dumping duty on R-134a imports after finding dumping, price undercutting, and material injury to domestic ...

The issue was whether depreciation on goodwill arising from demerger was wrongly allowed. The Court held that since the Assessing Officer had made due enquiries and taken a plausible view, revision ...

NCLAT ruled that commercial borrowing with agreed interest constitutes financial debt even without a formal loan ...

CESTAT held that withholding goods due to a 100-unit model-wise limit was unsustainable where no centralized monitoring existed, and directed provisional release against bond and bank ...

Affirming the High Court, the Supreme Court held that syndicate income assessable in the hands of the AOP cannot be reassessed in members’ ...

The High Court ruled that Rule 86A does not permit blocking of input tax credit beyond what is available in the electronic credit ledger. Creating a negative balance was held to be without ...

The issue was whether additions could survive when no incriminating material was found during search proceedings. The court ...

The High Court permitted the Enforcement Directorate to attach and freeze assets after finding a prima facie case of money laundering. The ruling reinforces ED’s powers to secure properties to protect ...