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Insider Trading Controls, UPSI Handling, and Market Integrity: Governance Insights under SEBI PIT, PFUTP, and LODR Regulations
1. Overview: Regulation 3 of SEBI PIT Regulations and Its Market SafeguardsRegulation 3 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, serves as the bedrock of India's framework again...
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Re-submission of Physical Share Transfer Requests: A New Six-Month Window for Legacy Shareholders
1. Introduction: SEBI’s Latest Initiative for Legacy Physical Share TransfersOn July 2, 2025, the Securities and Exchange Board of India (SEBI) issued a circular granting shareholders a unique six-mon...
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Anti-Profiteering Under GST 2.0: Legal Provisions and Practical Application
Introduction to GST 2.0 and Its ObjectivesGST 2.0, effective from 22nd September 2025, has ushered in significant tax rate reductions across a range of goods and services. The reform’s primary aim is...
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Major Overhaul in ITC Claims: Manual Invoice Management System (IMS) to Replace Auto ITC in GSTR-3B from October 2025
1. Introduction to the New IMS and Manual ITC Claims(i) Overview of Upcoming ChangesBeginning with the tax period of October 2025, the Goods and Services Tax (GST) regime in India will transition from...
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Shareholders’ Approval for Conversion of Loans or Debentures into Equity under the Companies Act, 2013: Timing and Compliance
Introduction: Definition and Regulatory Frameworki) Understanding the Concept of ‘Loan’ under the Companies Act, 2013The Companies Act, 2013, along with its corresponding rules, does not provide a spe...
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Entry of New Investors in Rights Issues via Shareholder Renunciation under the Companies Act, 2013
Overview of Rights Issue under Section 62(1)(a)i. Fundamental Structure of Rights IssueIn accordance with Section 62(1)(a) of the Companies Act, 2013, companies are empowered to offer new shares to ex...
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Major Updates to ROC Annual Filing Forms and Processes for FY 2024-25
As the new financial year unfolds, Indian companies must pay close attention to the revised ROC annual filing requirements under the Companies Act, 2013. The Ministry of Corporate Affairs (MCA) has ro...
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India’s Incentive Framework for Emerging Industries: Comprehensive Analysis of Capital, Tax, and Interest Benefits
1. Evolving Policy Direction and the Incentive MatrixIndia’s industrial strategy has shifted towards performance-based support, technological advancement, and climate-conscious growth. The central gov...
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Analysis of CBDT Circular Extending Tax Audit Deadline: Legally Sound or Exceeding Authority?
Background and Context(i) Recent Developments and Practical Difficulties(a) The tax community has recently encountered significant hurdles when the Central Board of Direct Taxes (CBDT) did not initial...
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Comprehensive Checklist for Assessees Regarding Tax Audit and ITR Filing Due Dates
Demystifying the Synchronization of Tax Audit and ITR Filing DeadlinesBackground: Relationship Between Tax Audit and ITR FilingHistorically, the Indian Income-tax Act has maintained a logical sequence...
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Conducting Personal Hearings Through Video Conferencing Under GST
OverviewThe Central Board of Indirect Taxes and Customs (CBIC), in alignment with the Supreme Court's directions issued under Article 142 of the Constitution of India (Suo Moto Writ (Civil) No. 5/2020...
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Appeals and Revisions under the Companies Act, 2013: A Practical Overview
IntroductionManaging a business entity or LLP (Limited Liability Partnership) in India demands rigorous compliance with numerous statutory and legal obligations detailed under the Companies Act, 2013....
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AGMs in Listed Companies: Revisiting the Regulatory Landscape and Its Contemporary Relevance
Historical Foundation and Evolution of AGMs in Indian Corporate Lawi) Origins of Annual General Meetings in Indian LawThe concept of the Annual General Meeting (AGM) has been a cornerstone of Indian c...
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Registrar of Companies Penalizes Key Managerial Personnel for Delay in Central Government Approval for Managing Director Appointment
Overview and Regulatory ContextIn a recent development, the Registrar of Companies (ROC), Pune, imposed a penalty on M/s. Zensar Technologies Limited and its Key Managerial Personnel (KMPs) for failin...
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Taxability of Loan Waivers After the Finance Act 2023: An Updated Perspective
Introduction: Loan Waivers in Business ContextLoan waivers by banks and financial institutions are a frequent occurrence in commercial arrangements, especially when settlements are reached with borrow...
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Enduring Value of Gold and Silver: Investment Insights, Returns, and Taxation
Historical Perspective: Gold and Silver as Timeless Measures of Wealthi) Wealth Benchmarks Across CenturiesGold and silver have long represented enduring standards of wealth and purchasing power, tran...
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Section 87A Rebate on Income Tax for Special Rate Incomes: Legislative Amendments, Recent Case Law, and CBDT Guidance
1. Overview: Section 87A and Its EvolutionSection 87A has served as a vital relief mechanism for resident individuals, providing a reduction or elimination of tax liability for those with lower income...
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Reimagining Indian Healthcare: The Impact of Recent GST Reforms
Introduction: GST's Role in Transforming Healthcare and InsuranceThe Indian healthcare and insurance landscape is undergoing a significant transformation with the recent changes implemented by the 56t...
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Composition Scheme under GST: An In-depth Analysis and Compliance Guide
Overview of the Composition Scheme under GSTi. Introduction to the SchemeThe Goods and Services Tax (GST) regime mandates a wide array of compliance requirements that can be quite complex, particularl...
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The New GST Order: Mastering ITC Reversal & Compliance Essentials
1. IntroductionThe 56th meeting of the GST Council (3rd September 2025) marks a significant turning point for GST rate structures and Input Tax Credit (ITC) Law, impacting various sectors and everyday...