Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says

NCLAT has dismissed appeals by audit firm BSR & Associates LLP and former partner N Sampath Ganesh, upholding SFIO’s authority to pursue as...

A recent ITAT decision clarified ESOP repurchase taxation. The tax tribunal ruled that repurchased options are capital assets, not perquisi...

Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires ap...

Maharashtra Chief Minister Devendra Fadnavis has written to Prime Minister Narendra Modi. He seeks intervention in the Appellate Tribunal f...

NCLT Mumbai has admitted Pen India’s insolvency petition against Reliance Entertainment Studios over a ₹11.94 crore default linked to a sec...

Insolvency professionals are now required to watch for at least nine "indicators" to prevent abuse of the Insolvency and Bankruptcy Code (I...

The National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...

Small and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...

Shailendra Ajmera, the resolution professional from consultancy EY, told the Bengaluru bench of the National Company Law Tribunal on Tuesda...

A luxury apartment in Noida sold for thirty-seven crore rupees. This transaction highlights growing demand for managed communities and prim...

Markets extended their losing streak for a fifth consecutive session on Monday. Airtel Payments Bank appointed Shabnam Sinha as its new cha...

The Supreme Court will hear NBCC's plea regarding RERA compliance for Supertech projects. NBCC seeks exemption from statutory provisions fo...

The NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...

The NCLAT disposed of an appeal between JSW Mahanadi Power and RCRIPL. Both companies reached an amicable settlement after a dispute over u...

The NCLAT upheld an NCLT order initiating insolvency proceedings against a personal guarantor. This decision involved Asif Ahmed Siddique, ...

The Supreme Court ruled insider trading laws are breached even with minimal profit. It overturned a tribunal order exonerating Tara Jewels ...