Clipped from: https://www.thehindubusinessline.com/opinion/data-protection-by-banks/article70350456.ece The DPDP Act requires them to strengthen systems Banks should establish a cross-functional internal data protection team to oversee compliance, investigate breaches, and
Month: December 2025
The Sandesara order: Judicial discretion in peculiar facts – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/the-sandesara-order-judicial-discretion-in-peculiar-facts/article70350167.ece Opaque settlement mechanisms raise concerns about consistency and deterrence The SC verdict suffers from transparency issues | Photo Credit: greenleaf123 The Supreme Court’s
In a first, complaints against private banks exceed PSBs in FY25
Clipped from: https://www.business-standard.com/industry/banking/in-a-first-complaints-against-private-banks-surpassed-psbs-in-fy25-125120200810_1.html Private banks drew more complaints than state-owned lenders for the first time in FY25, as overall grievances under RBI’s Ombudsman Scheme rose sharply
Sanchar Saathi app can be deleted, says govt; OEMs still reluctant | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/sanchar-saathi-app-can-be-deleted-says-govt-oems-still-reluctant-125120201083_1.html Apple, other global device makers not on board; India’s Lava to comply Sanchar Saathi is positioned as a citizen-safety tool. It allows users
Why do we feel the need to go to the bathroom when we’re nervous or scared? – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/science/why-do-we-feel-the-need-to-go-to-the-bathroom-when-were-nervous-or-scared/article70348530.ece Anxiety changes how you pay attention to bodily sensations. | Photo Credit: Kelly Sikkema/Unsplash When you’re nervous or scared, your body enters its
*******Gift gone wrong: How a tax exempt Rs 1.3 crore family gift turned into a Rs 70 lakh tax shock – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gift-gone-wrong-how-a-tax-exempt-rs-13-crore-family-gift-turned-into-a-rs-70-lakh-tax-shock-504677-2025-12-02 The Income Tax Department has clarified that monetary gifts received by individuals and HUFs are taxable under Section 56(2)(x) unless specifically exempt. Gifts
Man sells Delhi property, shifts to Australia; tax dept adds Rs 40 lakh as unexplained cash credit, but he wins in ITAT Delhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-sells-delhi-property-shifts-to-australia-tax-dept-adds-rs-40-lakh-as-unexplained-cash-credit-but-he-wins-in-itat-delhi/articleshow/125710590.cms Listen to this article in summarized format Income Tax Appellate Tribunal (ITAT), Delhi, ruled that taxpayers can claim Section 54 capital gains tax exemption on
Cautious optimism: On India and growth – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cautious-optimism-on-india-and-growth/article70345469.ece India’s challenge is to maintain the growth momentum Updated – December 02, 2025 01:00 am IST India’s September-quarter GDP data for the current financial
What is average debt per borrower in India? Govt answers in parliament – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/what-is-average-debt-per-borrower-in-india-govt-answers-in-parliament-4062117/ India’s reliance on household credit has surged sharply in recent years, with new data presented in the Lok Sabha showing that both the
Musk says misuse of H-1B should stop but programme must continue – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/latest-updates/musk-says-misuse-of-h-1b-should-stop-but-programme-must-continue/articleshow/125685053.cms?utm_source=newsletter&utm_medium=email&utm_campaign=Dailynewsletter&utm_content=Story6&ncode=75d64f4897e8e8ac52cb55467461f7a63c51ccf2c2e8b750e486fcfa03718c33e0bf41778dc7feec8f76e8759355eb785126dfc259c45ded30f220ecc6dccc84a310c0ef9b2ddc6e4caa356ee019f11d2eb43efa5a64ddcc&nl_id=5f5a31db80f79664e95679c9 Listen to this article in summarized format SpaceX CEO Elon Musk has said the United States has been a major beneficiary of talent from India and
Over 2 lakh private firms shut in five years, Govt tells Lok Sabha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/private-firms-shutdown-offices-corporate-closures-govt-lok-sabha/articleshow/125691865.cms?utm_source=newsletter&utm_medium=email&utm_campaign=Dailynewsletter&utm_content=Story4&ncode=75d64f4897e8e8ac52cb55467461f7a63c51ccf2c2e8b750e486fcfa03718c33e0bf41778dc7feec8f76e8759355eb785126dfc259c45ded30f220ecc6dccc84a310c0ef9b2ddc6e4caa356ee019f11d2eb43efa5a64ddcc&nl_id=5f5a31db80f79664e95679c9 Synopsis More than two lakh private companies have shut down in India over the past five years. These closures occurred due to various
*******Karnataka HC Quashes Service Tax Orders for Failure to Consider Proper SCN Reply
Clipped from: https://taxguru.in/service-tax/karnataka-hc-quashes-service-tax-orders-failure-proper-scn-reply.html Shafiqahmed Dongarkhe Vs Principal Commissioner of Central Tax (Karnataka High Court) The petitioner approached the Karnataka High Court seeking quashing of three actions
*******Banking on a bargain: Sandesara settlement raises important questions
Clipped from: https://www.business-standard.com/opinion/editorial/banking-on-a-bargain-sandesara-settlement-raises-important-questions-125112701283_1.html The brothers, who had managed to abscond on the Albanian passport in 2017 and were running an oil and gas business in Nigeria,
December monetary policy a close call; all eyes on RBI’s communication
Clipped from: https://www.business-standard.com/opinion/columns/december-monetary-policy-a-close-call-all-eyes-on-rbi-s-communication-125113000773_1.html With inflation at a record low of 0.25% and robust GDP growth, the RBI faces a close call between supporting the economy and
Paying over Rs 50,000 rent? New TDS rule and rent agreement rules 2025 you must know – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/paying-over-rs-50000-rent-new-tds-rule-and-rent-agreement-rules-2025-you-must-know-4061468/ If your monthly rent exceeds Rs 50,000, a 2% TDS deduction is now mandatory under Section 194-IB. Along with this, the new Home
2-day full and final settlement post employee’s resignation now mandatory under Labour Codes — What it means for employers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/2-day-full-and-final-settlement-post-employees-resignation-now-mandatory-under-labour-codes-what-it-means-for-employers-4061025/ India’s new Labour Codes mandate that employers must complete full and final settlement within two working days of an employee’s exit. Experts explain
Senior citizen can cancel property gift deed given to daughter-in-law for failing to provide care, rules Delhi High Court – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/legal/will/senior-citizen-can-cancel-gift-deed-given-to-daughter-in-law-for-failing-to-provide-care-rules-delhi-high-court/articleshow/125691612.cms Listen to this article in summarized format The Delhi High Court has provided relief to Smt Daljit Kaur by upholding the cancellation of a property gift deed