Supreme Court Voids Recovery Suit Over Unlawful Loan Arrangement The Supreme Court has rejected a money recovery suit arising from an arrangement to secure bank loans, ruling that courts cannot assist parties seeking recovery under an agreement whose very purpose i...
Cyber Alert: Today's Biggest Cyber Crime Stories Shaking India Today's roundup spans five significant developments across cybercrime enforcement, payment security policy, a live website compromise, indigenous defence technology, and a notable case of AI misuse fl...
Hyderabad Police Trace ₹3 Crore Political Impersonation Fraud, Accused Brought From Punjab Hyderabad Cyber Crime Police have brought an accused from Punjab to the city in an impersonation fraud case involving the alleged misuse of a political aide's identity. Police say the accused, Gaurav ...
The NRI Who Never Filed in India — Because Nobody Told Him He Still Had To For nearly eight years, Arjun had lived and worked outside India. His salary was earned abroad, his family lived with him, and he visited India only for short holidays. As far as he understood, becomi...
Six Months of Messy Books, One Investor Due Diligence Call — And a Term Sheet That Almost Fell Through The startup had everything investors usually look for: growing revenue, a strong customer base, an experienced founding team and a credible expansion plan. After several meetings, an investor issued a...
₹30.18 Crore Meant for Marriage Assistance: ED Arrests Former Sironj Janpad CEO The Directorate of Enforcement’s Bhopal Zonal Office has arrested Shobhit Tripathi, former Chief Executive Officer of Janpad Panchayat, Sironj, in connection with an alleged ₹30.18 crore fraud involvi...
₹40 Crore HashPe Crypto Fraud: ED Searches 11 Premises and Arrests Two The Directorate of Enforcement (ED) has intensified its investigation into the alleged HashPe cryptocurrency fraud, conducting searches at 11 premises across Chennai, Coimbatore and Kolkata and arrest...
Germany Proposes 25% Crypto Tax as Tax-Free Holding Rule Faces Overhaul Germany is preparing a major overhaul of its cryptocurrency tax framework, with the Federal Ministry of Finance reportedly proposing a 25% tax on crypto gains under the country's capital-income tax sy...
IBBI Warns Insolvency Professionals Against Misuse of IBC Framework The Insolvency and Bankruptcy Board of India (IBBI) has cautioned insolvency professionals against any misuse of the Insolvency and Bankruptcy Code (IBC) framework for purposes such as tax avoidance o...
Congress Seeks JPC Probe Into Alleged ₹10,000 Crore RUPP Tax Evasion The Congress has demanded a Joint Parliamentary Committee (JPC) investigation into what it described as a major “donation scam” involving Registered Unrecognised Political Parties (RUPPs) . The party ...
ITAT Mumbai Deletes ₹11.23 Lakh Tax Addition Over Jewellery Holdings A tax dispute involving a Navi Mumbai woman over gold, diamond jewellery and silver articles has ended in her favour after the Income Tax Appellate Tribunal (ITAT), Mumbai, deleted tax additions amoun...
Income-tax Rules 2026 Strengthen Compliance Under New Tax Framework India’s new Income-tax Rules, 2026 have introduced a revised procedural framework for direct-tax administration, supporting the implementation of the Income-tax Act, 2025. The rules were notified by t...
