• February 6, 2026

Case Details: Li and Fung (India) (P.) Ltd. vs. Union of India [2026] 182 taxmann.com 724 (Karnataka) Judiciary and Counsel Details S.R. Krishna Kumar, J. Tarun Gulati, Senior Counsel & Parashuram A. L., Adv. for the Petitioner. Smt. Jyoti M. Maradi, HCGP & Aravind V. Chavan, Adv. for the Respondent. Facts of the Case The petitioner […]

• February 5, 2026

Srinath Kumar & Akshay Jain – [2026] 183 taxmann.com 72 (Article) Finance Bill 2026 has signalled a watershed moment in Indian fiscal policy, heralding a clear shift from a judiciary-led tax environment to one governed by legislative intent. The government, by strongly employing “notwithstanding” clauses and retrospective clarifications, is seeking to resolve long-standing disputes. As on […]

• February 4, 2026

Post Graduate Insolvency Programme (PGIP), offered by the Indian Institute of Corporate Affairs (IICA), is India’s flagship programme for developing next-generation insolvency professionals. Recognised by the Insolvency and Bankruptcy Board of India (IBBI), the two-year, full-time programme provides a fast-track pathway to registration as an Insolvency Professional by waiving the conventional ten-year experience requirement. Admissions […]

• February 2, 2026

Simran Keswani – [2026] 182 taxmann.com 810 (Article) With the advancement in technology especially after the introduction of AI smartphones are inevitable part of our daily life’s. The Indian telecom sector thus plays an important role in category to the ever-evolving technological needs. Furthermore, the imminent rollout of 5G networks promises even faster connectivity, but […]

• February 1, 2026

The Finance Minister Smt. Nirmala Sitharaman presented the Economic Survey 2025-26 in Parliament on January 29, 2026. The Survey reviews the performance of the Indian economy in the backdrop of a challenging global environment marked by geopolitical tensions, trade fragmentation and financial market volatility. It notes that despite these headwinds, India remains one of the […]

• January 31, 2026

Global Financial Insights is a weekly feature for the Accounts and Audit Module subscribers of Taxmann.com. It provides you with the latest updates on financial reporting and auditing practices from across the globe. Here is this week’s financial update: 1. Financial Reporting Council Issues Guidance on Pension Rule Amendments, Providing Clarity to Actuaries and Scheme […]

• January 30, 2026

Case Details: Homag India (P.) Ltd. vs. Joint Commissioner of Central Tax, Appeals-II - [2026] 182 taxmann.com 521 (Karnataka) Judiciary and Counsel Details S.R.Krishna Kumar, J Venkatesh G., Adv. for the Petitioner. Aravind V. Chavan, Adv. for the Respondent. Facts of the Case The petitioner filed a refund under Section 54(3) of the CGST Act […]

• January 29, 2026

GSTN Advisory, Dated 23-01-2026 1. Introduction: GSTN Issues Advisory on RSP-Based Valuation The Goods and Services Tax Network (GSTN) has issued an advisory dated 23 January 2026 to guide taxpayers on reporting taxable value and tax liability for notified tobacco and tobacco-related goods under GST. The advisory applies with effect from 1 February 2026 and […]

• January 28, 2026

Case details: T. Srinivasa vs. Chief Traffic Manager B.M.T.C. Central office - [2025] 181 taxmann.com 237 (HC - Karnataka) Judiciary and Counsel Details K. Somashekar & Venkatesh Naik T., JJ. Shekar L., Adv. for the Appellant.  Smt. H.R. Renuka, Adv. for the Respondent. Facts of the Case In the instant case, the appellant-workman of the respondent corporation […]