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    Delhi HC refuses interim relief to Experion Developers in Dignity Buildcon insolvency rigging case
    Form 75 – Frequently Asked Questions
    Guidance note - Form 74
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March 28, 2026
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Insolvency resolution process abuse allegations prompt refusal of interim protection and no-coercive-step relief in a fraud-linked FIR challenge.
Interim protection was declined in a fraud-linked FIR arising from a corporate insolvency process, as the investigation was at a nascent stage and the court was not inclined to stay the probe without hearing both sides. The request for a no-coercive-step order was also refused, while the investigating agency was directed to file a status report. The FIR concerns allegations of manipulation of the resolution process, acquisition of valuable land at a fraction of its market value, and structured financial flows through related entities.
March 28, 2026
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Pass-through income reporting through Form 75 requires timely furnishing by venture capital funds and companies.
Form 75 is the statement of income paid or credited by a Venture Capital Company or Venture Capital Fund to a person liable to tax under section 222. It is a child form of Form 74, not filed separately, and is automatically generated from Form 74 data through the e-filing portal with no separate documents or attachments. The form must be furnished to each investor by 30 June of the following financial year and is a mandatory compliance requirement.
March 28, 2026
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Pass-through taxation for venture capital income requires annual reporting through Form 74 with investor-wise income details.
Form 74 is the annual statement required from a Venture Capital Company or Venture Capital Fund registered with SEBI when income is paid or credited to investors from investments in Venture Capital Undertakings. The form records fund details, compliance declarations, income classification, proportions of income heads, and investor-wise particulars. It is filed electronically under digital signature by 15 June of the following financial year, after verification by a qualified accountant, and is supported by the SEBI registration certificate, fund deed where applicable, audited accounts, and certified income distribution records.
March 28, 2026
Show AI Summary
Government dated securities issuance calendar sets auctions, retail bidding reservation, greenshoe flexibility, and monthly switch buybacks.
Indicative issuance calendar for Government of India dated securities, including Sovereign Green Bonds, is released for the first half of the fiscal year 2026-27. The auctions include a non-competitive bidding facility reserving five per cent of the notified amount for specified retail investors, and the Government of India may modify the calendar, issue different types of instruments, exercise the greenshoe option, and conduct switch or buyback auctions subject to the applicable general notification.
March 28, 2026
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Government borrowing plan finalised with dated securities, green bonds, treasury bills and liquidity support arrangements.
Government borrowing for the first half of FY 2026-27 has been finalised in consultation with the Reserve Bank of India, through dated securities, sovereign green bonds and treasury bills. The plan distributes borrowing across weekly auctions and multiple maturities, provides for switching and buyback of securities to smoothen the redemption profile, reserves a greenshoe option, and sets the Ways and Mean Advances limit to address temporary mismatches in government accounts.
March 28, 2026
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Treasury bill issuance calendar fixes quarterly auction schedule and preserves flexibility to adjust timing and amounts as needed.
Treasury bill issuance calendar for the quarter ending June 2026 fixes the proposed auction and issue schedule for 91-day, 182-day and 364-day Treasury Bills through weekly auctions in April, May and June 2026. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify the indicated auction amounts and timing depending on requirements, evolving market conditions and other relevant factors, after due notice to the market. The calendar is subject to change where circumstances so warrant, and auctions remain subject to the governing notification and its amendments.
March 28, 2026
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Insurance for All by 2047 drives Oriental Insurance growth, with premium milestone and expanded risk protection offerings.
Oriental Insurance Company Limited has crossed a gross premium milestone for FY 2025-2026, reflecting growing trust in public sector insurance institutions and alignment with the Government's objective of expanding financial inclusion under the vision of Insurance for All by 2047. Growth is attributed to strong contributions from Group Personal Accident, Health, Fire and Motor insurance portfolios, together with innovative offerings and planned new products addressing evolving risk needs.
March 28, 2026
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Investor facilitation camps streamline unclaimed dividends, unclaimed shares, and IEPF claim redressal through single-window support.
Investor facilitation camps under the Investor Education and Protection Fund framework provide single-window support for claim redressal, unclaimed dividends, unclaimed shares and pending IEPFA claims. The Bhubaneswar "Niveshak Shivir" offered on-the-spot KYC and nomination updates, direct interaction with company representatives and RTAs, and assistance through a Search Facility Help Desk for identifying unclaimed investments transferred to the IEPF. Participants were guided on locating potential claims and proceeding through Form IEPF-5.
March 28, 2026
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Startup ecosystem collaboration expands support for fuel-tech innovation, market access, mentorship and technology-driven solutions.
Structured support for startups in fuel-tech, manufacturing, deep-tech and allied sectors is to be advanced through a memorandum of understanding. The collaboration covers innovation challenges and hackathons, investor connect programmes, skill development initiatives, pilot opportunities and market access for early-stage innovators. It also seeks to support startups from ideation through prototyping, use the Startup India platform for wider outreach, and strengthen industry-startup linkages for technology-driven solutions and indigenous innovation.
March 28, 2026
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Pass-through taxation for venture capital income through Form 74, with online filing and investor-level reporting requirements.
Form 74 is a statement to be furnished by a Venture Capital Fund or Venture Capital Company in relation to income paid or credited to investors for section 222. It is filed online by the specified fund or company by 15 June of the following financial year, with supporting registration, deed, audited accounts, and certified income distribution records kept in possession. The form supports pass-through taxation, so the income is reported in the hands of investors according to its character.
March 28, 2026
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Decriminalisation and proportionate regulation reshape compliance through civil penalties, graded enforcement, and faster adjudication.
The Jan Vishwas (Amendment of Provisions) Bill, 2026 proposes amendment of 784 provisions across 79 Central Acts and decriminalisation of 717 provisions to promote Ease of Doing Business, together with 67 amendments to facilitate Ease of Living. It shifts minor, technical, or procedural defaults from criminal penalties to civil and administrative enforcement, including warnings, monetary penalties, graded enforcement, and rationalisation of fines in proportion to the offence. The Bill also provides for Adjudicating Officers and Appellate Authorities to support time-bound enforcement and natural justice.
March 28, 2026
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Consensus-based WTO reform: India urges inclusive, member-driven negotiations, development concerns, and safeguards against multilateral fragmentation.
Consensus-based decision-making was emphasised as central to the WTO's legitimacy, with India calling for reform discussions to address structural asymmetries inherited from the Uruguay Round and to preserve the sovereign right of Members not to accept rules they do not agree to. India supported a careful stock-take of the current impasse, with reform deliberations conducted in a transparent, inclusive and Member-driven manner, and warned that fragmentation within the institutional framework would weaken the multilateral trading system.
March 28, 2026
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Duty Deferment Scheme for manufacturer importers eases liquidity, speeds clearance, and supports compliant monthly duty payment.
Duty Deferment Scheme for Eligible Manufacturer Importers permits deferred payment of import duties for qualifying manufacturer importers, with duties payable monthly after goods are cleared. The scheme is framed as a trade facilitation measure to improve liquidity, support faster cargo clearance, reduce dwell time, strengthen import planning and inventory management, and enhance supply chain efficiency and payment discipline. Eligibility depends on a valid importer-exporter code, prescribed EXIM filing history, GST compliance, financial solvency, and a clean compliance record. Applications are submitted online through the AEO portal without physical interface.
March 28, 2026
Show AI Summary
Pass-through income reporting through Form 73 enables securitisation trust investors to classify income correctly for tax returns.
Form 73 is the investor-wise statement furnished by a Securitisation Trust under the pass-through income framework. It is auto-generated from Form 72 and records income paid, credited or deemed to be credited during the tax year so that investors can report the income under the correct heads in their return. The form is not separately filed with the department; it is downloaded, verified and furnished to each investor by the trust. It includes trust particulars, investor details, head-wise income breakup, verification by the authorised person, and the date of payment or credit.
March 28, 2026
Show AI Summary
Securitisation trust income reporting through Form 73 enables investor disclosure, income classification, and pass-through compliance.
Form 73 is the prescribed statement of income distributed by a securitisation trust to each investor under section 221. It is not filed separately, but generated as a child form from the parent Form 72 by the person responsible to pay on behalf of the securitisation trust, and then furnished to each investor. The form is auto-generated through the e-filing portal from the data filed in Form 72, with no separate documents required and no offline filing facility.
March 28, 2026
Show AI Summary
Pass-through taxation for securitisation trusts drives Form 72 reporting, investor statements, and income classification compliance.
Form 72 is the annual consolidated statement required from every securitisation trust for reporting income paid or credited to investors under section 221 of the Income Tax Act, 2025, and is filed electronically under rule 145. The form captures trust particulars, registration details, total income by head, investor-wise income distribution, authorised-person verification, and accountant certification. It is due by 15 June of the financial year following the tax year, and supports the pass-through taxation mechanism by enabling Form 73 statements to be auto-generated for investors after filing.
March 28, 2026
Show AI Summary
Foreign tax credit compliance through Form No. 45 requires electronic intimation after dispute settlement and supporting undertakings.
Form No. 45 is a new electronic intimation form for a resident assessee to report settlement of a dispute relating to foreign tax for which credit was not earlier claimed, where foreign tax credit is now intended to be claimed. Filing is mandatory in the specified circumstances, must be made through the Income-tax e-filing portal, and is due within six months from the end of the month in which the dispute is finally settled after Form No. 44 has been filed. The form requires supporting evidence, undertakings, and accountant verification in cases where Form No. 44 required such verification.
March 28, 2026
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Foreign tax credit intimation form streamlines settlement-based claims for previously unclaimed credit under the filing rules.
Form No. 45 provides a structured electronic intimation for settlement of dispute regarding foreign tax for which credit was not claimed. It applies to a resident assessee with foreign income who seeks foreign tax credit after the dispute is finally settled, where Form No. 44 had already been filed for the relevant tax year. The form must be filed within six months from the end of the month in which the dispute is finally settled, with supporting documents, and must be verified by an accountant where Form No. 44 required accountant verification.
March 28, 2026
Show AI Summary
Securitization trust income reporting through Form 72, with online filing, prescribed records, and pass-through taxation compliance.
Form 72 is the statement of income paid or credited by a securitization trust to its investors. It must be furnished to the Income-tax Department online by the person responsible for paying or crediting income on behalf of the trust, by 15 June of the financial year following the tax year in which the income was paid or credited. Filing requires the trust's books, audited financial statements, income details from securitised assets, investor particulars, distribution records, and the applicable registration certificate.
March 28, 2026
Show AI Summary
Audit report compliance for offshore banking unit investment divisions governs exemption and concessional taxation claims under income tax rules.
Form 71 is the mandatory audit report for a registered investment division of an offshore banking unit where a specified fund seeks exemption under section 11 read with Schedule VI or concessional taxation under section 210(3) of the ITA 2025. It certifies fulfilment of the prescribed eligibility conditions, including separate books, audit by an accountant, relevant documentation, and filing by the specified date. The form is filed electronically with supporting records and, when validly furnished, supports the claim to exemption or concessional rates.

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April 6, 2026

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New Delhi, Apr 6 (PTI) Following are the top stories at 1.15 pm NATION CAL21 AS-POLL-PM (12.35 pm)

Cong keeps singing to Pakistan's tunes, compromising nation's security: PM in Assam Bhabnipur-Sorbhog (Assam): Prime Minister Narendra Modi on Monday said that while his government has carried out Operation Sindoor on terror camps in Pakistan, the Congress keeps on "singing to the tune of" the neighbouring country.

DEL11 RS-OATH (12.09 pm)

New Rajya Sabha members take oath New Delhi: NCP-SCP leader Sharad Pawar and Union Minister Ramdas Athawale were among 19 new Rajya Sabha members who took oath here on Monday.

DEL12 RAHUL-LPG-GOVT (12.18 pm)

Modi govt's handling of 'LPG crisis' is like it dealt with Covid pandemic; puts burden on poor: Rahul New Delhi: Congress leader Rahul Gandhi on Monday alleged that Prime Minister Narendra Modi has dealt with the "LPG gas crisis" just like it handled the COVID-19 pandemic as it is "devoid of policy, full of grand announcements", and places the "entire burden" upon the poor.

DEL7 RAHUL-DATA-GOVT (10.32 am)

India kept in dark: Rahul slams govt on data sovereignty New Delhi: Congress leader Rahul Gandhi on Monday raised concerns over India's data sovereignty and asserted that the country should be leading the global tech race, but instead it is being kept in the dark about how its data will be protected.

BOM2 MH-WASIA-SEAFARER-REMAINS (8.46 am)

Mortal remains of seafarer killed in drone boat attack reach Mumbai Mumbai: The mortal remains of 25-year-old seafarer Dixit Solanki, killed in a suspected drone boat attack off the Oman coast last month during West Asia war, have reached Mumbai, the National Union of Seafarers of India (NUSI) said on Monday.

BOM4 MH-BYPOLL-CONGRESS (11.06 am)

Baramati bypoll: May withdraw from fray if FIR registered in Ajit Pawar plane crash, says Congress Mumbai: The Maharashtra Congress on Monday said it will consider withdrawing from the Baramati assembly bypoll if a first information report (FIR) is registered in the plane crash that killed former Deputy Chief Minister Ajit Pawar.

BOM6 MH-SENA UBT-CONG (12.16 pm)

Congress slams Sena (UBT) for accusing it of using regional allies as ‘crutches’ Mumbai: The Congress on Monday hit out at the Shiv Sena (UBT) over the latter's accusation that the grand old party was using regional outfits as "crutches", and not treating them as "equal stakeholders" in the Opposition alliance.

CAL22 AS-POLLS-HIMANTA-LD CONG (12.36 pm)

Cong concocted charges against my wife using false info from Pak social media group: Assam CM Guwahati: Assam Chief Minister Himanta Biswa Sarma on Monday claimed the Congress has concocted the charge that his wife has multiple passports and owns properties in Dubai, using false information from a Pakistani social media group.

CAL13 JH-IED-EXPLOSION (11.47 am)

CRPF's CoBra jawan injured in IED explosion in J'khand's West Singhbhum Chaibasa: A jawan of CRPF's CoBRA battalion was injured when an IED planted by CPI (Maoists) exploded in Jharkhand's West Singhbhum district, a police officer said on Monday.

MDS18 TN-POLLS-UDHAYANIDHI (11.52 am)

TN will never accept Hindi imposition, says Udhayanidhi Stalin Thanjavur (Tamil Nadu): Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin on Monday hit out at Union Education Minister Dharmendra Pradhan for criticising Chief Minister M K Stalin on the language row and said the state will never accept the three-language formula, but will follow the dual language policy of Tamil and English.

MDS4 KL-BHAGWAT (10.58 am)

Nation's prosperity key to individual progress: Mohan Bhagwat Kochi: RSS chief Mohan Bhagwat on Monday said individual prosperity can be achieved only when the country is prosperous and secure.

LEGAL LGD14 SC-VEDANTA-ADANI (12.50 pm)

SC does not interfere with order allowing Adani to acquire JAL, asks NCLAT to decide expeditiously New Delhi: The Supreme Court on Monday did not interfere with the order of the National Company Law Appellate Tribunal (NCLAT), which had refused to stay Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL).

LGD13 DL-HC-PURI- EPSTEIN (12.50 pm)

Epstein links: HC refuses to entertain activist's plea against Hardeep Puri's daughter New Delhi: The Delhi High Court on Monday rejected an activist's appeal against an order directing him to take down social media content linking Union minister Hardeep Singh Puri's daughter to convicted American sex offender Jeffrey Epstein. It asked him to air his grievances before the single judge who had passed the order.

LGD12 SC-2020 RIOTS-TASLEEM (12.11 pm)

SC grants 2 more weeks to Delhi Police to file reply on bail plea of accused in 2020 riots case New Delhi: The Supreme Court on Monday granted two more weeks to Delhi Police to file its response on the bail pleas of Tasleem Ahmed and Abdul Khalid Saifi, accused in the February 2020 riots-related "larger conspiracy" case.

LGD5 SC-KHANDU-PROBE (11.15 am)

SC orders CBI enquiry into award of contracts to firms linked to Arunachal CM's kin New Delhi: The Supreme Court on Monday directed the CBI to register a preliminary enquiry within two weeks into the award of contracts for public works in Arunachal Pradesh to firms allegedly owned by family members of Chief Minister Pema Khandu.

BUSINESS DEL8 BIZ-PMI-SERVICES (11.32 am)

India's service economy rose at softest pace in 14 months in March: PMI New Delhi: India's services sector growth momentum rose at the softest pace in 14 months in March, mirroring the slowdown in new business intakes, a monthly survey said on Monday.

FGN13 BIZ-WIPRO-OLAM GROUP (10.07 am)

Wipro bags USD 1 bn deal from Olam Group; to acquire Mindsprint for USD 375 mn Singapore/New Delhi: IT services firm Wipro has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed USD 1 billion (about Rs 9,314 crore) in contract value.

FOREIGN FGN19 BANGLA-INDIA-ENVOY (12.39 pm)

Indian envoy meets B’desh PM; signals positive, constructive ties Dhaka/New Delhi: Indian envoy Pranay Verma on Monday met Bangladesh Prime Minister Tarique Rahman and conveyed New Delhi’s intent to pursue "positive", "constructive", and people-centric ties with Dhaka based on mutual interest.

PTI RUK RUK

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