SEBI Tightens Custodian Regulations with Higher Net Worth and Stronger Compliance Norms [Read Notification]
The Securities and Exchange Board of India (SEBI) issued notification dated 18 September 2025, announcing the Securities and Exchange Board of India...
![RBI Directs KYC Reforms in Finance Sector for Persons With Disabilities: Follows Supreme Court Mandate in Pragya Prasun & Amar Jain [Read Notification]](https://images.taxscan.in/h-upload/2025/08/16/250x150_2077374-rbi-taxscan.webp "RBI Directs KYC Reforms in Finance Sector for Persons With Disabilities: Follows Supreme Court Mandate in Pragya Prasun & Amar Jain [Read Notification]")
![Govt Appoints Parshant Kumar Goyal as Part-Time Member of PFRDA [Read Notification]](https://images.taxscan.in/h-upload/2025/07/25/250x150_2068990-parshant-kumar-goyal-taxscan.webp "Govt Appoints Parshant Kumar Goyal as Part-Time Member of PFRDA [Read Notification]")
Service Tax Not Leviable on Notional Interest from Security Deposits for Locker Rentals: CESTAT [Read Order]
The Delhi Bench of Customs,Excise and Service Tax Appellate Tribunal (CESTAT) ruled that service tax could not be levied on notional interest from security deposits collected for locker rentals. ...
![Service Tax Not Leviable on Notional Interest from Security Deposits for Locker Rentals: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/15/500x300_2063956-service-tax-on-locker-rental.webp "Service Tax Not Leviable on Notional Interest from Security Deposits for Locker Rentals: CESTAT [Read Order]")
SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]
The Securities and Exchange Board of India ( SEBI ) issued a circular on May 23, 2025, explaining the need for accessibility in digital Know Your Customer ( KYC ) processes for persons with...
![SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/SEBI-Digital-KYC-Supreme-Court-Directive-taxscan.jpg "SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]")
GST Directorate Conducts Search Operations at Policybazaar Parent PB Fintech Over Vendor Activities
The Directorate General of GST Intelligence ( DGGI ) carried out search operations at the offices of PB Fintech, the parent company of leading platforms Policybazaar and Paisabazaar. According to The...
Non-Satisfaction of PE Requirements by Western Union Liaison Office: Delhi HC dismisses Taxability Plea of Revenue [Reda Order]
The Delhi High Court recently observed that a Liaison Office (LO) of Western Union does not satisfy the established requirements for considering the same to be a fixed place “permanent establishment”...
ITAT Exempts Penny Stock Transactions u/s 10(38) Due to STT Compliance, Denies AO’s Bogus Transaction Allegations [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed exemption under Section 10 (38) of the Income Tax Act, 1961, which the Assessing Officer had denied because the share...
![ITAT Exempts Penny Stock Transactions u/s 10(38) Due to STT Compliance, Denies AO’s Bogus Transaction Allegations [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-Income-Tax-Appellate-Tribunal-Securities-Transaction-Tax-STT-STT-Compliance-ITAT-Exempts-Penny-Stock-Transactions-taxscan.jpg "ITAT Exempts Penny Stock Transactions u/s 10(38) Due to STT Compliance, Denies AO’s Bogus Transaction Allegations [Read Order]")