Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
A securities market regulator requires registrars, issuers, depositories and depository participants to use a standard reason code "TLH" when reporting nominee-to-legal-heir transmissions to the tax authority to prevent inappropriate capital gains tax assessment on nominees and avoid refund processes. Existing transmission procedures remain governed by applicable listing and registrar rules. Reporting entities must update systems and implement the change from January 1, 2026. The directive is issued under the regulator's statutory powers to protect investor interests and ensure orderly market functioning.
A securities market regulator requires registrars, issuers, depositories and depository participants to use a standard reason code "TLH" when reporting nominee-to-legal-heir transmissions to the tax authority to prevent inappropriate capital gains tax assessment on nominees and avoid refund processes. Existing transmission procedures remain governed by applicable listing and registrar rules. Reporting entities must update systems and implement the change from January 1, 2026. The directive is issued under the regulator's statutory powers to protect investor interests and ensure orderly market functioning.
Note: It is a system-generated summary and is for quick reference only.