AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
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...
RBI has withdrawn the short-term investment, security-wise and concentration limits for Foreign Portfolio Investors investing in Government securities under the General Route,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RBI has withdrawn the short-term investment, security-wise and concentration limits for Foreign Portfolio Investors investing in Government securities under the General Route,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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