News

The government has introduced strict new rules under the Labour Codes to ensure timely electronic payment of wages to contract workers, with penalties and blacklisting for defaulting contractors.

Centre Tightens Labour Rules; Delayed Wages Could Cost Contractors Blacklisting

The Corporate Laws (Amendment) Bill, 2026, proposes a three-year ban on outgoing statutory auditors and audit firms from providing non-audit services.

Corporate Laws (Amendment) Bill, 2026: New 3-Year Cooling-Off Rule for Auditors Sparks Industry Concern

Judgement

High Court condones seven-day delay in filing ITR and restores carry forward loss benefit to taxpayer.

Belated ITR Filing: HC Directs Condonation of Delay for Carry Forward Loss Claim

Articles

A company without share capital can transfer membership interest through a formal written instrument by following a prescribed procedure under the Companies Act 2013.

MCA Portal Update: Procedure for Transfer of Membership Interest in a Company Without Share Capital

The Delhi High Court granted a complete stay on tax recovery to Cadence Design Systems, ruling that no deposit can be demanded when the Court has already settled the issue in the taxpayer's favour.

ITO Cannot Demand 20% Deposit for Stay when High Court already ruled in Favour of Taxpayer on Same Issue

The CBI arrested a CGST Superintendent and Assistant Commissioner in Odisha for allegedly accepting a ₹50,000 bribe to release a company’s ₹16 lakh GST refund.

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Centre Tightens Labour Rules; Delayed Wages Could Cost Contractors Blacklisting

Corporate Laws (Amendment) Bill, 2026: New 3-Year Cooling-Off Rule for Auditors Sparks Industry Concern

Belated ITR Filing: HC Directs Condonation of Delay for Carry Forward Loss Claim

MCA Portal Update: Procedure for Transfer of Membership Interest in a Company Without Share Capital

ITO Cannot Demand 20% Deposit for Stay when High Court already ruled in Favour of Taxpayer on Same Issue

CBI Catches Two CGST Officials in Odisha While Accepting Bribe for GST Refund Release