AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI clarifies the scope and deadline for the FLA Return under FEMA, emphasizing compliance related to foreign investments. Entities are urged to familiarize themselves with reporting requirements by the July 15 deadline to avoid penalties.
The Institute of Chartered Accountants of India (ICAI) responded to claims about a data breach on social media, labeling them as false and urging stakeholders to refer to official updates.
The Reserve Bank of India has announced modifications to the reporting requirements under the Foreign Exchange Management Act, 1999. This update is aimed at facilitating improved reporting standards for authorized persons.
CESTAT Allahabad has ruled that interactive display systems are classifiable as Automatic Data Processing (ADP) machines, affirming past decisions on the issue.
The Reserve Bank of India has initiated the 115th round of the Industrial Outlook Survey, projecting confidence and expectations within the manufacturing sector for Q2: 2026-27. This will aid in evaluating the sector’s economic health moving forward.
The Reserve Bank of India has initiated its 50th round of the Services and Infrastructure Outlook Survey, assessing the expectations of selected companies for the second quarter of 2026-27. This survey aims to gauge current business sentiments across the services sector.
Priya Dixit has been appointed General Counsel at NIVEA India, bringing over 15 years of legal experience in corporate law and compliance.
The FLA Return under FEMA compliance is position-based, triggered by outstanding foreign investments. The article details filing deadlines, reporting requirements, and RBI's guidance.
RBI announces premature redemption price for the Sovereign Gold Bond Scheme set for July 4, 2026.
RBI announces an auction for Government of India Treasury Bills set for July 8, 2026.
The RBI has released the latest Money Market Operations data for July 5, 2026, outlining current liquidity conditions.
The Jharkhand High Court has denied anticipatory bail to an accounting clerk involved in a ₹63 lakh misappropriation case under the 15th Finance Commission.
This article explores the transformative role of blockchain technology in the auditing processes of assurance services, highlighting potential benefits and challenges.