Customs valuation must use comparable contemporary imports, while confiscation fines and penalties require proportionate recalculation on reassessed v...
Depositor-protection proceedings prevail over corporate insolvency, while liquidators may recover chit receivables using copies of seized company reco...
Intermediary service classification fails where overseas admission facilitation is supplied independently, preserving export treatment and small-provi...
Satellite transponder bandwidth is telecommunication, not Business Support Service; foreign non-telegraph providers triggered no service tax liability...
Commitment proceedings gain extended timelines, structured defect refiling, and automatic resumption of inquiry after the adjusted completion period e...
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 insert definitions of "Not for Profit Organization" and "zero coupon zero principal instrument" into the CSR Rules, aligning them with SEBI's social stock exchange framework. A new rule permits CSR implementation through such instruments, subject to the expenditure on the instrument not exceeding 10% of a company's total CSR spend for the financial year. A subscribing company is exempt from impact assessment for projects funded through the instrument. The issuing not-for-profit organisation must complete the project within three succeeding financial years and, on delisting, transfer unspent amounts to a Schedule VII fund and report compliance to SEBI. The remaining CSR Rule 4 provisions apply, except sub-rules (5) and (6).
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 insert definitions of "Not for Profit Organization" and "zero coupon zero principal instrument" into the CSR Rules, aligning them with SEBI's social stock exchange framework. A new rule permits CSR implementation through such instruments, subject to the expenditure on the instrument not exceeding 10% of a company's total CSR spend for the financial year. A subscribing company is exempt from impact assessment for projects funded through the instrument. The issuing not-for-profit organisation must complete the project within three succeeding financial years and, on delisting, transfer unspent amounts to a Schedule VII fund and report compliance to SEBI. The remaining CSR Rule 4 provisions apply, except sub-rules (5) and (6).
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