Articles

Cancellation risk for GPU-based NPOs diluted: A shift under the Income-tax Act, 2025

The article examines how the amendment by the Finance Act, 2026 in the Income-tax Act, 2025 changes the consequences for not-for-profit organisations (‘NPOs’) pursuing general public utility objects. The 2026 amendment removes many breaches from the ‘specified violations’, thus reducing the risk of cancellation. The authors however note that non-compliance may still lead to denial of exemption, taxation of commercial income, and scrutiny of charitable purpose. According to them, the change offers operational flexibility while preserving discipline governing NPOs.

Ravi Sawana+124 Aug 2026

International Trade and WTO All Industries

Trade remedies – Examining the growing trend of non-imposition by the Ministry of Finance

India’s trade-remedy regime is seeing a marked shift. Affirmative recommendations by the DGTR are increasingly not resulting in duty notifications by the Ministry of Finance. While DGTR findings historically led almost invariably to anti-dumping or countervailing duties, recent data, particularly for late 2025 to mid-2026, shows a sharp rise in non-imposition of duty despite findings of dumping, injury and causal link. The article examines the legal basis for Finance Ministry’s discretion, the lack of publicly articulated reasons in several cases, and the resulting uncertainty for the domestic industry. It argues for greater transparency, institutional clarity and a predictable framework to preserve confidence in India’s trade-remedy system.

Pareesha Gupta+119 Aug 2026

Direct Tax All Industries+1

How is India building a compliance carbon market without a supporting tax architecture

India legislated the Indian carbon market through the Energy Conservation (Amendment) Act, 2022 and re-legislated its entire Income-Tax Code in 2025 but forgot to connect the two. If India wants CCC prices to drive decarbonization and the carbon market to be successful, the tax cost of a tonne of carbon cannot itself be a matter of litigation.

S. Vasudevan+117 Aug 2026

GST & Indirect Tax Litigation All Industries

Signing is not always issuance: Examining the limitation requirement under GST

The article discusses the limitation requirement under GST, wherein Sections 73 and 74 of the CGST Act 2017 prescribe the time limits within which the adjudicating authority is required to pass the order.

Kunal Kapoor+117 Aug 2026

Global Capability Centers All Industries+1

GCCs in India: Tax Questions MNCs Should Not Overlook

The article discusses the tax-related issues concerning Permanent Establishment (PE) and transfer pricing for Global Capability Centers (GCCs) in India that multinational corporations (MNCs) should be aware of.

Harshit Khurana13 Aug 2026

Search Articles

FDI in multi-brand retail – Consistency with international trade law
By Bhargav Mansatta After much furore over opening up of the retail sector to foreign investment, Government of India (GOI) announced its decision to allow FDI upto 51% in multi-brand retail trading u
Bhargav Mansatta18 Mar 2013
Budget 2013 – Amnesty scheme in service tax
By Surbhi Premi In 1997, the Government of India introduced the Voluntary Disclosure of Income and Wealth Scheme, 1997 (VDIS), an amnesty scheme under the direct taxes which unearthed approximately Rs
Surbhi Premi16 Mar 2013
Acceptance of Kotak Committee recommendations by SEBI: Additional “To Do” for listed entities
Aman Parnami+101 Jan 1
Agreement in Restraint of Legal Proceedings – Is your Bank Guarantee valid?
Sudish Sharma01 Jan 1
Privity of contract and locus with a source of income – A test of diversion by overriding title
Prachi Goel
Understanding composite supply under GST
Devanu Roy Choudhury

Complete archive