The Goods and Services Tax Appellate Tribunal (GSTAT) has been established by the Ministry of Finance to address the increasing disputes between taxpayers and the Revenue Department. It will have a principal bench in New Delhi and 31 state benches distributed across various regions. The tribunal is expected to expedite dispute resolution and reduce the backlog of pending appeals.
The Supreme Court of India, led by Chief Justice DY Chandrachud, is investigating alleged privacy breaches by major foreign credit information companies like TransUnion CIBIL, Experian, Equifax, and CRIF High Mark. The companies are accused of mishandling sensitive financial data of Indian consumers without proper consent, potentially infringing on the privacy rights of over a billion individuals. The petitioner has requested the Court to enforce stricter regulations on data sharing.
