Clipped from: https://www.hindustantimes.com/cities/mumbai-news/flat-buyers-cannot-get-society-membership-without-clearing-pending-dues-hc-101763751735388.html The court said that under section 154B (7) of the Maharashtra Cooperative Societies Act, no transfer becomes effective unless outstanding dues pertaining to
Day: January 3, 2026
*Labour Ministry proposes 90-day annual work threshold for gig worker social security – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/economy/labour-ministry-proposes-90-day-annual-work-threshold-for-gig-worker-social-security/article70466754.ece A gig worker, or a platform worker, will be considered to be engaged with an aggregator for one day if they have earned
*Labour Ministry publishes draft rules; gig workers’ unions seek clarity | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/govt-publishes-draft-rules-gig-workers-unions-seek-clarity-126010200012-126010201091_1.html Draft rules under the new Labour Codes set minimum work-day criteria for gig workers to access social security benefits, prompting unions to seekclarity
*Will is the last word in inheritance with probate now struck off – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/will-is-the-last-word-in-inheritance-with-probate-now-struck-off-4095729/ The Indian government has abolished the mandatory requirement to probate a Will, a major reform under the Repealing and Amending Act, 2025. This
***Gratuity payment after 1 year of service for salaried employees under fixed-term employment; know how it works and who is eligible for it? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/gratuity-payment-after-1-year-of-service-for-salaried-employees-under-fixed-term-employment-know-how-it-works-and-who-are-eligible-for-it/articleshow/125556010.cms The new labour codes which were incorporated into the labour laws on November 21, 2025, brought about significant changes in the way employees
*Man nominated son for family pension but court granted pension to separated wife instead; here’s what decided it – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-nominated-son-for-family-pension-but-court-granted-pension-to-separated-wife-instead-heres-what-decided-it/articleshow/125580435.cms The Allahabad High Court has ruled that family pensions are statutory and not something an employee can control on their own; they are recognized
*****Resigned or fired? Employees will now get full and final settlement money in just 2 days under new labour law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/resigned-or-fired-employees-will-now-get-full-and-final-settlement-money-in-just-2-days-under-new-labour-law/articleshow/125589897.cms With the new labour code in place, several small details that were either informal or handled differently by various companies have now been
Big gain for fixed term contractual employees as they now get these benefits under new labour law; Check details – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/big-gain-for-fixed-term-contractual-employees-as-they-now-get-these-benefits-under-new-labour-law-check-details/articleshow/125501644.cms On November 21, 2025, the Indian government notified four new labour codes which are now incorporated into the existing labour law. These four
Termination to be less painful under new labour codes: Employees to get funds for re-skilling in addition to retrenchment compensation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/termination-to-be-less-painful-in-labour-codes-employees-to-get-funds-for-re-skilling-in-addition-to-retrenchment-compensation/articleshow/125580060.cms The new labour codes that have come into effect from November 21, 2025, have brought in a lot of benefits for both fixed-term and permanent
New Labour Code 2025 brings big relief: Faster action on unpaid salary & workplace disputes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/new-labour-code-2025-brings-big-relief-faster-action-on-unpaid-salary-workplace-disputes/articleshow/125841977.cms The new Labour Codes 2025, which were incorporated in the existing labour laws from November 21, 2025, bring several positive changes for both
Termination to be less painful under new labour codes: Employees to get funds for re-skilling in addition to retrenchment compensation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/termination-to-be-less-painful-in-labour-codes-employees-to-get-funds-for-re-skilling-in-addition-to-retrenchment-compensation/articleshow/125580060.cms The new labour codes that have come into effect from November 21, 2025, have brought in a lot of benefits for both fixed-term and permanent
ESIC benefits widen under new Labour Code 2025— who gains now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/esic-benefits-widen-under-new-labour-code-2025-who-gains-now/articleshow/126306428.cms The Employees’ State Insurance Corporation (ESIC) has announced that more employees can now access ESI benefits following the notification of the Labour Code 2025 (Code on Social Security, 2020)
NRI woman earns Rs 1.35 crore from mutual funds, pays zero tax in India, gets income tax notice: How India-Singapore DTAA saved her – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nri-woman-earns-rs-1-35-crore-from-mutual-funds-pays-zero-tax-in-india-gets-income-tax-notice-how-india-singapore-dtaa-saved-her/articleshow/126307115.cms A Mumbai-based woman who is a tax resident of Singapore, sold some of her debt and equity mutual fund investments in India and claimed tax
*Higher exemption, lower rates: Is the New Tax Regime phasing out the Old Tax Regime? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/higher-exemption-lower-rates-is-the-new-tax-regime-phasing-out-the-old-tax-regime-509235-2026-01-02 The way Indians pay income tax is changing, with the New Tax Regime rapidly gaining ground over the traditional deductions-based system. Over successive
*Insurance industry claims rise in FY25 on higher life, general payouts | Insurance News – Business Standard
Clipped from: https://www.business-standard.com/finance/insurance/insurance-industry-claims-rise-in-fy25-on-higher-life-general-payouts-126010200759_1.html Claims paid by the insurance industry increased in FY25, led by a rise in life insurance death claims and higher net incurred claims
*Govt rolls out ₹7.3K cr schemes to boost MSME financing over six years | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-rolls-out-7-295-cr-schemes-to-boost-trade-finance-for-small-exporters-126010200945_1.html Government launches ₹7,295-crore interest subvention and collateral support schemes to ease trade finance access for MSME exporters over FY26-31 The government on Friday
*Tax liability on capital gains as per ownership share in house – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-answered-tax-liability-on-capital-gains-as-per-ownership-share-in-house-4095796/ Learn how to calculate and divide capital gains tax for jointly owned property and what to do if you missed the December 15
*******Decade-old income tax demands resurface on portal, leaving taxpayers scrambling for proof – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/decade-old-income-tax-demands-resurface-on-portal-leaving-taxpayers-scrambling-for-proof/articleshow/126312362.cms Synopsis Old income tax demands from as early as 2005 are resurfacing on tax portals, with accumulated interest often exceeding the principal amount.
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