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
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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
*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 seek
Editorial. Trumping the odds – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/trumping-the-odds/article70457438.ece After last year’s chaos, 2026 actually looks better The year 2025 was one of massive geo-political shifts | Photo Credit: Thithawat_s It might
Centre notifies revised draft rules for labour codes, seeks responses | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/labour-ministry-notifies-labour-codes-draft-rules-seeks-responses-125123100834_1.html Revised draft rules for the four Labour Codes clarify key provisions such as gratuity on ‘wages’ and gig worker registration, with stakeholder inputs
2026 to bring data, policy, tax changes; labour codes, CBAM to take effect
Clipped from: https://www.business-standard.com/economy/news/2026-rings-in-policy-tax-reforms-new-labour-codes-cbam-to-take-effect-125123100748_1.html With new GDP, CPI and IIP base years, sweeping tax reforms, GST overhaul, labour code rollout and EU’s carbon tax, 2026 is set
Centre’s fiscal deficit at 62.3% of FY26 BE in April-November; capex up 28% | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/economy-policy-centres-fiscal-deficit-widens-to-623-of-be-in-apr-nov-fy26-125123100826_1.html CGA data showed the Centre’s fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as
India’s household debt rises to 41.3% of GDP, above five-year average: RBI | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/indias-household-debt-rises-to-41-3-per-cent-of-gdp-rbi-fsr-125123101081_1.html RBI says household debt rose to 41.3% of GDP at end-March 2025, led by consumption-oriented retail loans, even as net financial savings improved
External uncertainties may trigger outflows, Fx rate volatility: RBI | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-warns-external-uncertainties-outflows-exchange-rate-volatility-125123101028_1.html RBI flags risks from global shocks, including a sharp US equity correction, that could spur foreign portfolio outflows and rupee volatility, though it
Fed minutes reveal division over future interest-rate cuts and inflation concerns – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fed-minutes-show-deep-split-over-interest-rate-cuts/article70454890.ece The committee voted 9-3 to lower the benchmark rate by 25 basis points to 3.5%-3.75%, with some dissenters favoring a larger cut or
Hard choices – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/hard-choices/4092886/ Fiscal flexibility is a must, but it won’t substitute for subsidy reform. This will also require a recalibration of public capex, which has
‘AI is the centrepiece of every major IT firm’s growth strategy,’ Q&A with NASSCOM president – Industry News | The Financial Express
Clipped from: https://www.financialexpress.com/business/industry-ai-is-the-centrepiece-of-every-major-it-firms-growth-strategy-qampa-with-nasscom-president-4092898/ “There is a strong emphasis on advancing responsible and trusted AI governance, combining policy clarity with industry-led frameworks that prioritise safety, privacy, and
*Income tax reassessment based solely on Investigation Wing tip, with no incriminating material, quashed as invalid under ss147/148.
Income tax reassessment based solely on Investigation Wing tip, with no incriminating material, quashed as invalid under ss147/148. 26. Case-Laws – AT : Reassessment under ss.147/148
Income tax reassessment reopening for alleged non-disclosure u/s147 upheld; de novo assessment remand sustained citing illness and s.251(1)(a).
Income tax reassessment reopening for alleged non-disclosure u/s147 upheld; de novo assessment remand sustained citing illness and s.251(1)(a). 21. Case-Laws – AT : Reopening under s.147
Raw material purchase genuineness and alleged round-tripping: u/s 263 revision quashed; bogus purchase addition deleted after sales accepted
Raw material purchase genuineness and alleged round-tripping: u/s 263 revision quashed; bogus purchase addition deleted after sales accepted 19. Case-Laws – AT : Revision u/s 263
Unexplained fixed assets and cash-in-hand in tax return: s.69/s.69A additions and penalties deleted for no evidence, no notice.
Unexplained fixed assets and cash-in-hand in tax return: s.69/s.69A additions and penalties deleted for no evidence, no notice. 15. Case-Laws – AT : Addition under s.69
*******Fixing the fine print: What the IBC amendment is really trying to change | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/fixing-the-fine-print-what-the-ibc-amendment-is-really-trying-to-change-125123000720_1.html Focused on enforcement over fresh ideas, the IBC amendment Bill seeks to cut delays, curb conflicts of interest and bring greater certainty to
MahaRERA recovers nearly ₹269 crore for homebuyers since 2017 inception | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/maharera-recovers-nearly-rs-269-crore-homebuyers-since-2017-125123000849_1.html MahaRERA has recovered ₹268.87 crore as homebuyer compensation since May 2017, with Mumbai Suburban leading collections, while cases worth about ₹103 crore remain
Place of supply for shipped goods u/s 10(1)(a): delivery location decides IGST, CGST/SGST demand quashed.
Place of supply for shipped goods u/s 10(1)(a): delivery location decides IGST, CGST/SGST demand quashed. 5. Case-Laws – HC : Section 10(1)(a) of the IGST Act