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March 30, 2026
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Notice of demand under the income tax law sets payment timelines, appellate details, and options for instalments or extension.
Form 103 is the notice of demand issued by the Assessing Officer under section 289 of the Income-tax Act, 2025 read with rule 179 of the Income-tax Rules, 2026, to communicate tax, interest, penalty or any other sum payable for a tax year or block period. It is based on an assessment order, penalty order, TDS default, rectification, order giving effect, or other order creating a recoverable demand. The demand is ordinarily payable within 30 days, may be modified by the Assessing Officer, and reduction below 30 days needs prior approval of the Joint Commissioner.
March 30, 2026
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Social and environmental statistics dissemination strengthens evidence-based policymaking through MoSPI's digital platforms, SDG dashboard, and stakeholder consultations.
MoSPI regularly releases social and environmental statistics publications through its official website and related digital platforms, including environment statistics, environment accounts, SDG indicator reports, and thematic demographic reports. The Ministry also uses the India SDG Dashboard, e-Sankhyiki portal, and Advance Release Calendar to support centralized data access, monitoring, and timely dissemination, while expert groups and stakeholder consultations are used to improve coverage, quality, relevance, accessibility, and public awareness.
March 30, 2026
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Artificial intelligence integration improves data discovery and user interaction on the Ministry's eSankhyiki portal and revamped website.
Artificial intelligence is being integrated into the eSankhyiki portal and the Ministry's revamped website to improve accessibility, searchability and usability of reports, datasets and publications. An AI-enabled chatbot has also been hosted to improve data discovery and user interaction, while no specific timeline has been fixed for full implementation of the AI-enabled tools.
March 30, 2026
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Energy statistics compilation highlights expanded energy-sector data coverage, harmonised end-use reporting, and growth in renewables and consumption.
The National Statistics Office has released the annual publication Energy Statistics India 2026, an integrated statistical compendium on India's energy sector. The publication brings together data on reserves, capacity, production, consumption, and import-export of major energy commodities, and includes energy balance tables, graphs, and sustainable energy indicators aligned with international standards. The 33rd edition expands coverage by adding credit flow, world energy statistics, coal consumption through e-auction, imported non-coking coal, sector-wise electricity consumption, and bunker supply data, while harmonising end-use consumption statistics across energy commodities.
March 30, 2026
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Notice of demand in Form 103 sets out tax dues, payment timelines, and options for extension or instalments.
Notice of demand in Form 103 is issued by the Assessing Officer under section 289 of the Income-tax Act, 2025 read with Rule 179 of the Income-tax Rules, 2026 to communicate tax, interest, penalty or other sums payable for a tax year or block period. The demand is ordinarily payable within 30 days from service of the notice, though the Assessing Officer may alter the due date; any shortening requires prior approval of the Joint Commissioner. The assessee may pay through prescribed modes or seek extension or instalments before expiry of the payment period.
March 30, 2026
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Union Government monthly accounts show consolidated receipts, expenditure and tax devolution up to February 2026.
Monthly accounts of the Union Government for the period up to February 2026 for FY 2025-26 record consolidated receipts, expenditure and tax devolution. The Government received total receipts of Rs.27,91,943 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts, and transferred Rs.12,66,369 crore to State Governments as devolution of share of taxes, higher than the previous year by Rs.85,837 crore. Total expenditure incurred up to February 2026 stood at Rs.40,44,592 crore, including revenue expenditure and capital expenditure.
March 30, 2026
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TDS credit mismatch resolution through electronic filing of Form No. 102 for aligning tax years and deduction records.
Form No. 102 is an electronic application for claiming TDS credit where income was offered to tax in one tax year but the related tax was deducted and reported by the deductor in a later year. The form is filed by eligible taxpayers to align the TDS credit with the correct tax year, and it requires particulars of the assessee, the relevant income, the deduction details, and supporting documents. The application is submitted through the e-filing portal and processed by the Assessing Officer.
March 30, 2026
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TDS credit mismatch relief through Form No. 102 allows taxpayers to align credit with the correct tax year online.
Form No. 102 is an optional online application for claiming TDS credit where income was included in a return for one tax year but the tax was deducted and deposited in a subsequent tax year. It may be filed by any taxpayer to align the TDS credit with the correct tax year in cases of timing mismatch, subject to a filing window of two years from the end of the financial year in which the TDS was deducted and reported. The form contains Part A and Part B, requires a valid PAN, cannot be edited after submission, and is filed only through the e-filing portal.
March 30, 2026
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Tax evasion detection in hospitality sector expands through data analytics, GST matching, and digital payment verification.
A state-wide tax enforcement drive in the hospitality sector has identified suspected turnover suppression through data analytics, risk assessment, and comparison with GST returns. The investigation covers establishments such as dhabas, restaurants, eateries, bakeries, sweet shops, and catering services, using tax intelligence inputs, online billing data, and digital payment records to verify reported turnover against actual receipts.
March 30, 2026
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Inventory valuation report requirements under tax law govern Cost Accountant certification, filing timelines, and verification of inventory valuation.
Form 101 is the prescribed inventory valuation report to be furnished by a Cost Accountant when an Assessing Officer directs valuation of inventories under Section 268(5)(ii) of the Income-tax Act, 2025 read with Rule 171. It is used to support correct inventory valuation for tax computation and verification, and is filed only when special valuation is directed. The report must be submitted within the time allowed by the Assessing Officer, subject to any extension not exceeding six months from the end of the month in which the direction is received.
March 30, 2026
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Inventory valuation reporting in Form 101 requires Cost Accountant certification when valuation is directed for tax compliance.
Inventory Valuation Report in Form 101 is furnished by an assessee when the Assessing Officer directs inventory valuation under section 268(5)(ii) of the Income-tax Act, 2025 read with rule 171 of the Income-tax Rules, 2026. The report is prepared and certified by a Cost Accountant after examining books, records and supporting documents, and is used for accurate inventory valuation for tax computation, verification and compliance with the Income Computation and Disclosure Standards. Form 101 is filed only for the tax year in which the direction is issued, within the time allowed by the Assessing Officer.
March 30, 2026
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E-commerce moratorium and TRIPS safeguard lapse as WTO ministers fail to reach consensus on digital trade rules.
Failure of the WTO ministerial conference to reach consensus on the extension of the e-commerce moratorium left unresolved the commitment not to impose customs duties on electronic transmissions. The deadlock reflected differing positions on the duration of the extension, and the lapse raises the prospect that members may impose import duties on digital transmissions. The same impasse also ended the safeguard against non-violation complaints under the TRIPS Agreement, increasing the risk that WTO-compliant measures may be challenged for affecting expected commercial gains.
March 30, 2026
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Proceeds of crime attachment under PMLA prevails over debt recovery laws in tainted asset proceedings.
Attachment of proceeds of crime under the Prevention of Money Laundering Act was described as prevailing over debt recovery legislation, including the SARFAESI and RDB Acts, where the property is linked to money laundering. The key legal point is that the PMLA operates with overriding effect in relation to attachment proceedings concerning tainted assets, and debt recovery mechanisms do not displace action taken under the anti-money laundering framework.
March 30, 2026
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Special audit report requirements under income tax law clarified for Form 100, supporting compliance and verification.
Form 100 is the audit report furnished by an Accountant when an assessee is directed to get accounts audited under section 268(5)(i) of the Income-tax Act, 2025. It certifies examination of the books of account and financial statements and records whether the accounts present a true and fair view. The report is filed only on a special audit direction, together with supporting financial statements, books, bank statements, and applicable audit reports, within the period specified by the Assessing Officer.
March 30, 2026
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ESG performance and sustainability leadership drive YES BANK's top ranking in S&P Global's banking assessment.
YES BANK reported improved ESG performance under the S&P Global Corporate Sustainability Assessment 2025, with a score of 79 out of 100 and recognition as India's highest-rated bank in the assessment. The bank stated that this result marked its fourth consecutive inclusion in the S&P Global Sustainability Yearbook and placed it among the top 15% of global banking leaders, based on evaluation across climate strategy, operational eco-efficiency, financial inclusion, human capital development, human rights, corporate governance, and risk management.
March 30, 2026
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RBI foreign exchange restrictions and weak crude-linked sentiment deepen pressure on equities and banking stocks.
Indian equity markets ended sharply lower amid escalating geopolitical tensions in West Asia, higher crude oil prices, weak global cues, and continued foreign fund outflows. Banking stocks faced additional pressure after RBI restrictions on banks' foreign exchange positions aimed at stabilising the rupee, while market participants flagged oil-price volatility and rupee weakness as risks to input costs and near-term earnings revisions.
March 30, 2026
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Special audit report filing under Form 100 requires accountant certification, supporting records, and online submission compliance.
Form 100 is the audit report to be furnished by an Accountant when the Assessing Officer directs a special audit under section 268(5)(i). It certifies examination of the assessee's accounts and their true and fair view, and is filed only for the tax year in which the direction is issued. The form requires signed verification, supporting financial and accounting records, and submission through the e-filing portal with annexures and documents. The revised form aligns with the Income-tax Act, 2025 and uses simplified tabular reporting.
March 30, 2026
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Income-tax rate changes and procedural reforms reshape reassessment, penalties, tax credits, and indirect tax schedules in the finance bill.
Finance Bill, 2026 gives effect to the Central Government's financial proposals for the financial year 2026-2027 and operates as the Finance Act, 2026 with specified commencement dates. It revises income-tax rates, surcharge structures and health and education cess, and makes extensive amendments to the Income-tax Act, 1961 and the Income-tax Act, 2025 covering reassessment, return filing, assessment timelines, interest, penalty, waiver, immunity, tax credits, deductions, and related procedural rules. The Bill also updates indirect tax provisions, including customs, customs tariff and GST-linked schedule entries, by substituting, inserting and omitting specified rates and classifications.
March 30, 2026
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Income-tax appeal filing in Form 99 requires electronic submission of facts, grounds, supporting documents and disputed details.
Form No. 99 is prescribed for filing an appeal before the Joint Commissioner of Income-tax (Appeals) or the Commissioner of Income-tax (Appeals) against an appealable order passed by an Income-tax Authority. It is furnished electronically and captures the relevant order, taxes paid, disputed amounts, grounds of appeal, statement of facts, supporting documents and additional evidence, so that the appeal may be registered and processed in the prescribed appellate manner.
March 30, 2026
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PMLA attachment of proceeds of crime overrides prior secured interests under debt recovery laws in property disputes.
PMLA has an overriding confiscatory framework for attachment of proceeds of crime, and its operation is not displaced merely because the attached property is subject to a prior mortgage or secured interest under debt recovery laws. The court noted that SARFAESI and the Recovery of Debts and Bankruptcy Act serve different objects and cannot prevail over PMLA in attachment proceedings. Where confiscation has been ordered or trial has commenced, claims of legitimate interest in the attached property must be adjudicated by the Special Court.

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PANVIS STAR Vascular Interventional Robotic System Redefines Mechanical Thrombectomy

April 13, 2026

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BEIJING, April 13, 2026 /PRNewswire/ -- In 2021, there were 11.96 million new stroke cases worldwide, with ischemic stroke (IS) accounting for 65.3%. China has an estimated 17.8 million stroke survivors, 86.8% of which are ischemic. For large vessel occlusion (LVO), mechanical thrombectomy (MT) is the gold standard, extending the treatment window from 4.5 to 24 hours.

However, patient access to MT remains limited due to the uneven distribution of healthcare resources, operator fatigue, and steep learning curves. Vascular interventional robotic system such as PANVIS STAR from Shenzhen Institute of Advanced Biomedical Robot Co.,Ltd., (abrobo), is redefining neurointervention by offering unique advantages and validated clinical value.

Using an animal model of ascending pharyngeal artery occlusion for thrombectomy, the PANVIS STAR system successfully completed the full mechanical thrombectomy workflow. The operator remotely controlled the system to perform femoral artery access, aortic arch angiography, target vessel superselection, micro-guidewire crossing, and stent retriever deployment. Clot withdrawal was achieved by retracting the stent retriever and microcatheter as a single unit, enabled by the system's four-device co-manipulation capability (guiding catheter, intermediate catheter, microcatheter, and stent retriever). Post-procedure angiography confirmed complete recanalization. The entire procedure demonstrated PANVIS STAR's ability to execute multi-device coordinated thrombectomy with sub-millimeter precision, force detection and haptic feedback, and stable device control.

PANVIS STAR brings powerful technological innovations to clinical practice: PANVIS COF (Catheter-On-Finger) The world's first fingertip intuitive control system to mimic the natural dexterity of a surgeon's hand. Using PANVIS COF, surgeons can rotate and advance guidewires, catheters, and therapeutic devices without abandoning their accustomed thumb-and-index finger manipulation. This breakthrough significantly shortens the learning curve, empowering a broader range of physicians to perform complex neurointerventions with confidence and precision.

Fo ur-Device Co-Manipulation + Five-Device Channels A signature breakthrough, PANVIS STAR enables the independent or synchronous control of four critical devices: guiding catheter, catheters, microcatheters, and therapeutic devices. The system also establishes five dedicated device channels, supporting dual guidewires, dual rapid-exchange devices, and multiple microcatheter operations.

Multiple Control Motion Modes PANVIS STAR offers a range of motion modes, seamlessly adaptable to diverse vessel anatomies and operator preferences. From navigating simple vessels to traversing extreme tortuous paths, from rapid device advancement to sub‑millimeter micro‑adjustments, one‑click switching ensures the operator remains in complete control. Sub‑millimeter motion precision enhances procedural stability, even in the most demanding cases.

Haptic Feedback PANVIS STAR is equipped with intraoperative force detection and haptic feedback. As guidewires navigate through delicate cerebral vasculature, the system captures resistance changes and relays them to the operator's fingertips by delivering a haptic force feedback signal. Complementing this capability is a built‑in real‑time physiological tremor filter that effectively eliminates hand jitter, further enhancing stability and precision during critical steps.

Compact Design Breaking the traditional "catheter fully straightened" paradigm, PANVIS STAR innovatively adopts a "bend‑then‑straighten" approach. This reduces the distance between the two driving units that hold the catheter, making the entire system more compact and lighter while increasing the effective usable length of the catheter for more clinical scenarios. The result is a system that is both compact and highly capable.

Pan ‑ vascular interventional procedure compatibility PANVIS STAR features ultra‑long travel to support the entire catheterization process after sheath insertion. It is pan‑vascular compatible, suitable for cerebral, cardiac, peripheral, and oncological interventions.

Remote Operation Support PANVIS STAR lays the technical groundwork for long‑distance remote surgery over 5G networks, bringing the promise of equitable access to life‑saving interventional care to patients, no matter where they live.

Success Case: World's First Remote Neurointervention Live Demonstration At the 2024 Oriental Congress of Neurovascular Diseases (OCIN) in Shanghai, PANVIS STAR achieved a significant milestone: the world's first live remote animal neurointervention demonstration.

Led by Professor Liu Jianmin's team, the procedure demonstrated the system's ability to perform aneurysm coiling and basilar artery stenting from a master console at the conference venue to a robotic drive in an animal lab miles away.

At the patient level, a stable thrombectomy process, precise stent deployment, and real-time force feedback monitoring enable even experienced operators to benefit from the robot's steady "hands," reducing the risk of post-procedural complications. Furthermore, telemedicine allows more patients to receive high-level treatment within the golden time window.

About PANVIS STAR PANVIS STAR is a next-generation pan-vascular interventional robotic system designed to cover multiple interventional specialties, including neurovascular, cardiovascular, peripheral vascular and oncological procedures. While addressing the global burden of ischemic stroke and large vessel occlusion, PANVIS STAR goes beyond thrombectomy to offer precise, reproducible, and remotely operable solutions across a broad spectrum of clinical indications.

With a focus on clinical utility, intuitive design, and remote operability, PANVIS STAR aims to make interventions more accessible worldwide.

About abrobo Shenzhen Institute of Advanced Biomedical Robot Co.Ltd., abbreviated as Abrobo, specializes in the field of vascular interventional surgery (VlS) robots. Upholding the values of "user-centered, excellence innovation-driven, agile and iterative", Abrobo strives to create a VlS control system that is "easy for surgeons and benefits patients". Abrobo possesses complete independent intellectual property rights and is committed to becoming a recognized global leader in VlS robots.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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