The floods that ravaged Nepal in August 2026 were more than a natural disaster – they were a preventable tragedy, a stark indictment of how fragile progress becomes when warnings are ignored and resilience is neglected. A glacier collapse on Langtang Lirung unleashed torrents that swept away entire communities, leaving over a thousand dead and …
Introduction: The Supreme Court delivered an important judgment recently making a clear deviation from judicial convention in the process. This judgment was in the realm of labour laws, but the principle applied by judges here would affect scope of judgments of the apex court could get affected overall. The message emanating from the judgment goes …
The Government of Maharashtra has issued the Operational Guidelines for implementation of the Maharashtra Global Capability Centre (GCC) Policy, 2025 vide Government Resolution No. GCC-2025 /C.R.320 /Industries-2-Department Industries, Investment, Services & Mining Department, Government of Maharashtra Dated 19 August 2026 The Guidelines have been issued pursuant to the Maharashtra GCC Policy, 2025, notified vide Government …
Introduction In the course of handling GST refund matters, a recurring issue that continues to arise is the computation of “Adjusted Total Turnover” under Rule 89(4) of the CGST Rules, 2017. Recently, a notice was received from the GST department seeking clarification on the value adopted in the computation of adjusted total turnover in a refund application filed …
The Reserve Bank of India’s latest Monetary Policy was a steady, wait-and-watch statement. The central bank kept the repo rate unchanged at 5.25% and held on to its neutral stance, which means borrowers should not expect any immediate change in EMIs or lending rates. In simple terms, the RBI is saying that inflation still needs …
The true strength of a nation’s workforce lies not only in creating employment but also in securing the future of every worker and their family. Social security, therefore, is much more than a legal mandate, it is a reflection of a nation’s commitment to economic stability, social justice and inclusive growth. With the notification of …
Bizsolindia Services Pvt. Ltd. has been honored with the “Maharashtra State Best Employer Brand Award 2026” at a prestigious ceremony held at Taj Lands End, Mumbai.
At Bizsol, our editorial policy is clear: we do not pander to the emotions of any one faith in particular. Yet, when writing about Ayodhya – arguably the most famous temple in India, consecrated to Lord Ram – it is impossible to ignore the storm of emotions that recent events have unleashed. What I must …
The Background: Britain being Great Britain, when history gets written and rewritten, there will be a thick fat chapter on Brexit – a sobriquet signifying an important, significant and above all a consequential development in world history. This piece is being written on 26th June 2026, the tenth anniversary of this all important event. Ten …
Introduction Most awaited The Goods and Services Tax (GST), introduced on 1 July 2017, was welcome as India’s most significant indirect tax reform since Independence. It replaced a fragmented system of Central Excise Duty, Service Tax, VAT, CST, Entry Tax, Octroi, Luxury Tax, Entertainment Tax, and various state-level levies with a unified destination-based tax regime. …
There was this much-awaited Summit meeting in Beijing between Xi Jing Ping, the Chinese Premier and Donald Trump, the President of the US. The meeting is not the news item here. The interesting news that we should take away from the Summit was something else that should give fodder to those who specialise in what …
THE INTRODUCTION: When the Insolvency and Bankruptcy Code (IBC) was enacted in 2016, it promised nothing less than a cultural reset in India’s credit and insolvency ecosystem. A fragmented legal framework scattered across The Company Law, The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 and sector‑specific regimes was to …
The Goods and Services Tax (“GST”) regime was introduced in India with effect from 1st July 2017 with the objective of creating a unified indirect tax system. While GST significantly streamlined taxation, one major institutional gap persisted for several years i.e the absence of the Goods and Services Tax Appellate Tribunal (“GSTAT”). In the absence …
India’s ambitious labour law reforms, consolidated into four Labour Codes, were heralded as a landmark step toward simplifying compliance and modernising workplace regulation. By merging 29 existing laws into a freshly minted and streamlined framework, the Codes promise greater flexibility for employers, enhanced protection for workers and a more transparent system overall. Yet, despite this …
Introduction: Arguably, the most important, nay, critical phrase in international commercial contracts is this strange sounding phrase force majeure. It is seldom understood though widely used. Force Majeure is a French term translating literally to “superior force.” It is a legal concept referring to unforeseeable and irresistible events such as natural disasters, wars or pandemics …
Concessional BCD on Supplies from SEZ to DTA – A Strategic Relief with Compliance Conditions Introduction In pursuance of the Union Budget 2026-27 announcement to address the concerns faced by the manufacturing units in the Special Economic Zones (SEZ) due to ongoing global trade disruptions, the Central Board of Indirect Taxes and Customs (CBIC) introduced …
It is generally believed and rightly so, that the shareholders of a joint stock company are the ultimate authority on all matters pertaining to the company in which they are members. It turns out that it is not so, for one particular reason as per the Supreme Court of India. In a recent landmark judgment, …
Amendments to the Companies Act, 2013 – Journey So Far Year Nature of Amendments 2013 Enactment of the Revised Companies Act 2015 First set of Amendments – Minor Corrections 2017 Decriminalisation of Minor Offences, Governance Reforms 2019 NCLT Related Amendments 2020 Covid Era Reforms – Digital Meetings, Ease of Compliance 2026 Now in Proposal Stage …
Introduction A long-standing provision in GST has finally been revisited with the omission of Section 13(8)(b) of the IGST Act through the Finance Act, 2026. This provision had, for years, denied export status to intermediary services by deeming the place of supply to be in India, even where services were rendered to overseas clients. With …
Let’s be honest — anyone who has dealt with Indian Customs knows the sinking feeling of spotting an error in a Bill of Entry after the goods have already been cleared. Maybe it was a wrong HS code. Maybe an exemption notification was applied incorrectly. Maybe royalties weren’t factored into the assessable value. Whatever the …
