Service tax on financial services: Parliament may tax hire purchase and leasing service charges despite state sales tax on goods.
The court held Parliament may levy service tax on service charges rendered by financiers in hire purchase and leasing arrangements while States may levy sales tax on the sale or deemed sale of goods, because financiers provide distinct banking and financial services secured by hypothecation and collectors separate service charges (with interest excluded), so the two levies operate on different elements of the transaction without constitutional conflict.

Foreign Direct Investment approvals and procedural advisories issued, including deferrals, rejections, automatic route guidance and central bank referrals.
Government approvals, deferrals, rejections and procedural advisories from a Foreign Investment Promotion Board cycle are summarised: 23 FDI proposals were approved across multiple sectors involving equity subscriptions, joint ventures, fund investments, warrant issuance/conversion, share transfers, buy backs and downstream investments, with several approvals noting compliance with Press Notes and some regularising prior investments. Thirteen proposals were deferred, two rejected, some applicants were advised to use the automatic route or to approach the central bank, one proposal was returned pending policy notification, and one proposal was withdrawn.