In a landmark move following a Supreme Court ruling, the Securities and Exchange Board of India (SEBI) has issued a new directive making it mandatory for all market intermediaries to ensure their digital platforms are fully accessible to people with disabilities (PwDs). The circular, issued on July 31, 2025, aims to protect investor rights and … Read more
DGGI Bengaluru Unit uncovers six shell companies with fraudulent invoices worth Rs. 266 crore involving Rs. 48 crore fraudulently claimed Input Tax Credit; mastermind arrested In a follow up operation connected with investigation of a case initiated in Bengaluru, the officers of Directorate General of GST Intelligence, Bengaluru Zonal Unit, carried out searches in over … Read more
Indian Tax Authorities Scrutinize Jane Street for Potential GAAR Invocation New Delhi, India – Global proprietary trading firm Jane Street is under the scanner of Indian tax authorities, who are investigating whether the firm’s significant profits can be taxed in India under the General Anti-Avoidance Rules (GAAR). This probe follows a recent order by the … Read more
Futures and Options (F&O) trading has seen a significant number of participants incur losses, with nearly 93% of traders facing an average loss of ₹2 lakh each in FY23 and FY24, according to SEBI. A common misconception among these traders is that F&O losses don’t need to be reported in their Income Tax Return (ITR). … Read more