Key Provisions, Jurisdiction, Mediation under Commercial Courts Act 2015 Introduction The Commercial Courts Act, 2015 marked a significant reform in India’s judicial framework by creating specialized courts for the adjudication of commercial disputes. The objective of the Act is to ensure faster resolution of business-related litigation, reduce judicial delays, improve ease of doing business, and …
Moving to the UAE: What Actually Decides Your Indian Tax Residence Documents show where you live, not your tax status A UAE residence visa, Emirates ID, tenancy contract and Dubai bank account are good evidence of where a person lives. None of them decides residential status under Indian income tax law. Indian residence is decided …
What is UPI MDR (Merchant Discount Rate), and why is it being introduced? What is MDR? Merchant Discount Rate (MDR) is a fee paid by merchants to banks and payment service providers for processing digital payment transactions. The proposed MDR framework aims to support: UPI infrastructure development Cybersecurity enhancements Fraud monitoring systems Merchant onboarding and …
Cabinet Approves Enhancement of EPFO Wage Ceiling from INR 15,000 to INR 25,000 per Month The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the proposal of the Ministry of Labour & Employment to increase the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from INR 15,000 per …
Prevention of Sexual Harassment at the Workplace: Beyond Compliance Towards a Culture of Dignity and Respect Introduction The workplace has undergone a remarkable transformation over the past few decades. It is no longer merely a place where individuals earn a livelihood; it has evolved into a space where ideas are exchanged, careers are built, and …
Can an Employer Introduce New Rules After Standing Orders Come Into Force? Many employers believe that once an organization grows, management has complete freedom to issue new HR policies, amend service conditions, or introduce fresh disciplinary rules through circulars, employee handbooks, appointment letters, or codes of conduct. Statements such as “We can issue a new …
Digital Personal Data Protection (DPDP) Act, 2023: Complete Compliance Guide, Requirements, Penalties & Implementation Framework The Digital Personal Data Protection (DPDP) Act, 2023, regulates how organizations collect, use, share, store, and delete digital personal data of individuals (Data Principals). It applies to almost every business, startup, NGO, professional firm, e-commerce platform, employer, and service provider …
Valuation for Impairment Testing – A Comprehensive Guide under Ind AS 36 In today’s dynamic business environment, assets may lose value due to market disruptions, technological changes, economic slowdowns, regulatory developments, or operational inefficiencies. Financial reporting standards therefore require entities to ensure that assets are not carried in the books at amounts exceeding their recoverable …
Companies Compliance Facilitation Scheme, 2026 (CCFS‑2026) Issued via MCA General Circular No. 01/2026 dated 24 February 2026. The Ministry of Corporate Affairs (MCA) has launched CCFS‑2026, a one-time relief scheme allowing companies to regularize pending filings with substantially reduced additional fees. The scheme responds to long-standing industry concerns regarding the ₹100 per day additional fee …
Labour Code Impact – Q3 FY26 (as of 17 Jan 2026) Across the IT services sector, the labour code impact reported in Q3 is largely one‑time and statutory in nature. The primary drivers of the impact have been gratuity and employee benefit liabilities, rather than any deterioration in underlying business performance. Management teams across companies …