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Banking Law Amendment Bill - Bank account nominee limit 2025 - Taxscan

Rajya Sabha Approves Banking Law Amendment Bill: Up to Four Nominees Allowed for Bank Accounts, FDs

Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, enabling individuals to nominate up to four persons for a single bank...

Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]

Demand Notice Delivered to Last Known Address of Personal Guarantor is Valid Service u/s 95(4) of...

Application u/s 9 of IBC Cannot be Admitted When Debt is Discharged by Corporate Debtor: NCLAT [Read...

Relief to Honda ,No Service Tax on Excess Transportation Charges Recovered from Buyers: CESTAT [Read...

Finance Bill, 2025 Notifies Major Amendments in Chapter XIV-B of Income-Tax Act 1961 [Read Bill]

The Income-tax Act of 1961's Chapter XIV-B was amended by the Finance Bill of 2025, which also redesigned the method for block assessments and placed more emphasis on figuring out concealed income....

Finance Bill, 2025 Notifies Amendments on Definition of ‘Capital Asset’ under Income Tax Act

A major change to the definition of "capital asset" under Section 2(14) of the Income Tax Act, 1961, has been proposed by the Finance Bill 2025. The SEBI (AIF) Regulations, 2012 expressly target...

New Provision for Cross-Verification of Inconsistencies in ITR: Finance Bill 2025 [Read Bill]

Section 143(1) of the Income-tax Act, 1961 has undergone substantial changes as a result of the Finance Bill 2025. A new provision that permits cross-verification of inconsistencies in ITR has been...

Member Vacancies in National Consumer Disputes Redressal Commission: Call for Applications (How to Apply)

The Department of Consumer Affairs, under the Ministry of Consumer Affairs, Food & Public Distribution, has invited applications for the appointment of two members in the National Consumer...

NCDRC Recruitment - Consumer Commission Jobs - NCDRC Member Vacancy - taxscan

BCI Must Respond to Representation Challenging AIBE Fee Structure: Punjab & Haryana HC [Read Order]

In a recent order, the Punjab & Haryana High Court directed the Bar Council of India (BCI) to respond to a representation challenging the fee structure of the All India Bar Examination (AIBE). ...

Failure to Record Statements: CESTAT quashes Gold Biscuit Confiscation [Read Order]

The Ahmedabad Bench of Customs,Excise and Service Tax Appellate Tribunal(CESTAT) quashed the confiscation of a 1 kg gold biscuit, ruling that the department failed to record relevant statements and...

Competition Commission of India Investigated 35 Cartels in Last 5 Financial Years: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman informed the Lok Sabha on March 24, 2025, that the Competition Commission of India (CCI) has investigated 35 cartel cases across various sectors over the last five...

Competition Commission India - FM Nirmala Sitharaman CCI - Cartel cases in India - Taxscan

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