The new framework lays down a comprehensive mechanism for settlement of funds arising from cross-utilisation of input tax credit and apportionment of integrated GST between the Centre and states. It seeks to ensure seamless accounting and timely transfer of funds…
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The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, introducing significant changes to India’s insolvency framework. Key amendments focus on faster resolution timelines, enhanced creditor control, and structural reforms like cross-border and group insolvency. While experts are…
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The NFRA has identified gaps in auditor independence checks, deficiencies in audit procedures for property, plant and equipment, and weak testing of related party transactions in its latest inspection of SRBC & Co LLP, even as the firm committed corrective…
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Companies operating in International Financial Services Centres will be permitted to denominate share capital in foreign currency under the Corporate Laws Amendment Bill 2026, marking a structural shift aimed at aligning India’s offshore financial ecosystem with global standards.
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India’s IPO market scaled a historic peak in FY26, but beneath the record fundraising lies a clear cooling in investor appetite, weaker listing gains, and a broader slowdown in capital mobilisation.
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Indian billionaire challenges Adani’s winning bid for $4 bln in assets, F1 track
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