Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Capital gains exemption: payment for plot, architect fees and bona fide commencement of construction can satisfy utilisation requirement and secure re...
Interest subvention support under the Export Promotion Mission is clarified to apply only to eligible export credit disbursed on or after 2 January 2026, and not to earlier disbursements. Eligibility depends on UIN/UDIN generation and submission on the disbursement date; if no UIN is generated, the disbursal is outside the scheme. A new UIN is required on change of lending bank, portability is barred, and subvention stops from the date an account is classified as NPA. The notice also limits cross-bank claims to the prescribed annual ceiling, fixes subvention to the rate prevailing on disbursement, and provides that early foreclosure and renewed top-up credit are to be treated according to actual outstanding or fresh exposure.
Interest subvention support under the Export Promotion Mission is clarified to apply only to eligible export credit disbursed on or after 2 January 2026, and not to earlier disbursements. Eligibility depends on UIN/UDIN generation and submission on the disbursement date; if no UIN is generated, the disbursal is outside the scheme. A new UIN is required on change of lending bank, portability is barred, and subvention stops from the date an account is classified as NPA. The notice also limits cross-bank claims to the prescribed annual ceiling, fixes subvention to the rate prevailing on disbursement, and provides that early foreclosure and renewed top-up credit are to be treated according to actual outstanding or fresh exposure.
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