Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
RBI has withdrawn the short-term investment, security-wise and concentration limits for Foreign Portfolio Investors investing in Government securities under the General Route, and merged the 'general' and 'long-term' investment sub-categories into a single limit for Central Government Securities and State Government Securities. The FY 2026-27 investment limits have been revised accordingly. It has also expanded the Fully Accessible Route by designating new issuances of 15-year, 30-year and 40-year Government Securities and Sovereign Green Bonds as specified securities, and by adding certain existing securities to that category. The directions take immediate effect and the updated Master Direction reflects the corresponding amendments.
RBI has withdrawn the short-term investment, security-wise and concentration limits for Foreign Portfolio Investors investing in Government securities under the General Route, and merged the 'general' and 'long-term' investment sub-categories into a single limit for Central Government Securities and State Government Securities. The FY 2026-27 investment limits have been revised accordingly. It has also expanded the Fully Accessible Route by designating new issuances of 15-year, 30-year and 40-year Government Securities and Sovereign Green Bonds as specified securities, and by adding certain existing securities to that category. The directions take immediate effect and the updated Master Direction reflects the corresponding amendments.
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