AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has introduced comprehensive guidelines for the detection, reporting, and monitoring of Fake Indian Currency Notes (FICNs). Banks are required to follow these protocols to combat counterfeiting effectively.
The IRDAI has officially notified the Manner and Procedure for Imposing Penalties Regulations, 2026, outlining the processes for penalty proceedings, hearings, and appeals.
The Finance Ministry has published a draft for the Indian Insurance Companies Inquiry, Adjudication and Appeal Rules, 2026, inviting objections within a 30-day period. This regulatory initiative aims to streamline inquiry and adjudication processes concerning insurance companies.
The RBI has launched the 28th edition of its Handbook of Statistics, offering essential macroeconomic data crucial for researchers and policymakers.
The Government of India has initiated a buyback of dated securities through an auction for a total face value of ₹20,000 Crore, aimed at managing their outstanding liabilities.
In a recent announcement, the RBI revealed an upcoming auction of State Government Securities amounting to ₹26,850 Crore, enabling states to raise funds through market mechanisms.
This article discusses the necessity of revising India’s copyright laws to enhance digital preservation and access. Emphasizing the urgency for reform, it addresses how current exceptions hinder meaningful access to knowledge.
The GST Network (GSTN) has announced forthcoming changes to the e-way bill system effective from August 1, 2026, which will make 'Ship-to' GSTIN mandatory and enhance e-way bill closure functionalities. This change is set to impact logistics and supply chain operations.
The Kerala High Court addressed a challenge to the income tax exemption for stipends received by medical postgraduate students, instructing the assessee to pursue available statutory remedies with a temporary stay on coercive actions.
The Karnataka High Court has allowed an appeal from New India Assurance, determining that the deceased individual's Income Tax Return provides a binding admission regarding age, overriding unproduced educational records.
The Income Tax Appellate Tribunal ruled that once jurisdiction under Section 153C is established, the Assessing Officer (AO) is entitled to consider further information from the Investigation Wing. This decision stems from a case where the assessee contested the lack of an adequate satisfaction note.
NCLT Delhi ruled that a suspended director lacks standing to seek removal of the Resolution Professional post-Committee of Creditors approval. The decision emphasizes respect for approved processes.
The RBI has set out new directions for the internal audit function of commercial banks, emphasizing the importance of robust internal controls and governance.