HC Dismisses Petition to Halt DRI Investigation Over Misdeclared Import Values
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HC Dismisses Petition to Halt DRI Investigation Over Misdeclared Import Values Glamstone Cosmetics Pvt. Ltd. imported a shipment of eyeliners and lipsticks from China. Acting on specific intelligence, the Directorate of Revenue Intelligence intercepted the consignment on suspicion of serious under-valuation and regulatory violations. According to the authorities, the declared value of the cosmetics was […]

Supreme Court Directs Govt to Frame No-Fault Compensation Policy for COVID Vaccine Injuries
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Supreme Court Directs Govt to Frame No-Fault Compensation Policy for COVID Vaccine Injuries Several parents approached the Supreme Court of India through a petition under Article 32 of the Constitution of India, claiming that their daughters died after receiving COVID-19 vaccines. They alleged that serious adverse events following immunization (AEFI) caused severe complications and sought […]

CBI Arrests Co-Founder of Darwin Labs for Role in Rs 20,000 Crore GainBitcoin Scam
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CBI Arrests Co-Founder of Darwin Labs for Role in Rs 20,000 Crore GainBitcoin Scam The Central Bureau of Investigation (CBI) arrested Darwin Labs co-founder Ayush Varshney on Tuesday for his alleged involvement in the huge GainBitcoin cryptocurrency scam. CBI has registered several cases against Darwin Labs and its executives under the Indian Penal Code and […]

ROC Levies Zero Penalty on Company Despite Late Filing of Financial Statement: Know How
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ROC Levies Zero Penalty on Company Despite Late Filing of Financial Statement: Know How The Registrar of Companies (ROC), Chennai, has issued a penalty order against a company for violating section 137 of the Companies Act. However, the said penalty was reduced to zero. The company, Net Carbon Vision Private Limited, had conducted its annual […]

Central Bank of India Invites Applications from CA Firms for Concurrent Audit 2026-27
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Central Bank of India Invites Applications from CA Firms for Concurrent Audit 2026-27 The Central Bank of India has recently released guidelines for applying for Concurrent Audit assignments for the financial year 2026-27. Who Can Apply: Applications are invited from Chartered Accountant (CA) firms and certain retired bank staff (ex-staff). To be eligible, they must […]

ICAI Invites Applications Across Various Positions: Know How to Apply
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ICAI Invites Applications Across Various Positions: Know How to Apply The Institute of Chartered Accountants of India (ICAI) has released a recruitment Advertisement No. 03/2026/HRD/01 for more than 70 posts. This offers great opportunities for professionals in accounting, law, engineering, human resources, etc. ​ ICAI is looking for candidates in various roles like deputy secretary and […]

ITC Disallowance: Tata Steel Disputes Rs 493.35 Crore GST Liability Before Jharkhand High Court
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ITC Disallowance: Tata Steel Disputes Rs 493.35 Crore GST Liability Before Jharkhand High Court Tata Steel Limited has recently disclosed that it had previously received a show cause demand notice (SCN) dated June 27, 2025, issued by the Office of the Commissioner (Audit), Central Tax, Ranchi, proposing to disallow Input Tax Credit (ITC) for violation […]