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The GST Council's recent decision to impose an 18% Goods and Services Tax GST on affiliation fees paid by private schools to various boards has stirred debate. This move is seen…
The Punjab government has joined the pilot project for Business-to-Consumer B2C e-invoicing, aimed at improving tax compliance. E-invoicing has been mandatory for…
Several employees of Tata Consultancy Services TCS have reportedly received income tax demand notices regarding discrepancies in their Tax Deducted at Source TDS claims. The…
The Supreme Court has issued a notice regarding the bail plea of Saumya Chaurasia, a former civil servant from Chhattisgarh, who is implicated in a case under the Prevention of…
The NCLAT found that failing to provide an opportunity to cure defects in a Section 9 application under the IBC violates procedural mandates. The case involved a creditor's…
The NCLAT ruled that the prohibition on filing applications under Sections 7, 8, and 10 of the IBC remains effective even after the period specified in Section 10A has expired.…
The Supreme Court ruled that under Section 31 of the Specific Relief Act, it is not obligatory for a third party, against whom a sale deed is void, to seek its cancellation. This…
Justice Surya Kant emphasized the necessity for ongoing cooperation between international and domestic arbitration bodies to enhance the efficiency and effectiveness of dispute…
The Finance Minister has acknowledged the concerns raised by the hotel industry regarding the Goods and Services Tax GST on food items and assured them of a review. The hotel and…
The Calcutta High Court dismissed a review petition filed by the State GST Department regarding a case on non-updating Part-B of an e-way bill. The case involved a taxpayer who…
The GST Council has introduced a rectification process for orders related to Input Tax Credit ITC under Sections 73, 74, 107, and 108 of the GST law. This move aims to address and…
In response to the Supreme Court's actions involving bulldozer demolitions in various states, the Jamiat Ulama-I-Hind has filed a petition proposing pan-India guidelines. The…
The Rajasthan High Court has ruled that reducing the passport validity of individuals under trial infringes upon the presumption of innocence guaranteed under Article 21 of the…
The Telangana High Court is currently hearing a Public Interest Litigation PIL challenging the legality of police search operations in slum areas. The PIL argues that these…
The Delhi High Court has mandated that the designation for certain posts in the Sashastra Seema Bal SSB be made gender-neutral, allowing female candidates to apply for these…
The Delhi High Court has addressed issues related to the management and access to criminal case data within the Crime Record Bureau. This ruling focuses on the efficiency and…
The Karnataka High Court has granted an opportunity for a Chartered Accountant CA firm to establish the authenticity of a tax audit report that was rejected due to unsigned…
The Patna High Court directed that a GST appeal be considered on its merits without insisting on the 10% pre-deposit, as required under Section 107 of the CGST Act, 2017. The…
The Karnataka High Court has directed the GST department to restore the registration of a taxpayer whose registration was wrongfully cancelled despite submitting a reply to the…
The Gujarat High Court has clarified that Lok Adalat, a forum for alternative dispute resolution, can only adjudicate cases where parties have reached a settlement agreement. This…
The Kerala High Court has decided not to quash proceedings against the publisher and chief editor of Rashtra Deepika for disclosing details about a sexual offense victim in…
The Madhya Pradesh High Court has criticized the leniency shown towards juvenile offenders, citing a failure to learn from past high-profile cases like the Nirbhaya case. The…
The Karnataka High Court has declined to quash a defamation case involving BJP MLA Pramod Muthalik and Sunil Kumar. The case centers around allegations of defamation made by…
The Punjab and Haryana High Court has imposed a fine of ₹1 lakh on a woman for failing to cooperate in a case seeking the quashing of charges under Section 498A of the IPC, which…
The ITAT ruled that nationalized banks are liable to pay Minimum Alternate Tax MAT after the 2012 amendment to the Income Tax Act. Prior to the amendment, nationalized banks were…
The Kerala High Court has quashed a case involving vandalism of the Assembly premises against Congress leaders. The court’s decision indicates that the evidence or circumstances…
The article provides an in-depth analysis of the Delhi Excise Policy case, detailing how the situation has evolved for the accused over time. Initially, the accused faced…
The Jammu and Kashmir High Court has ruled that an accused granted bail cannot invoke preventive detention laws as a ground for their continued detention. This decision clarifies…
The Bombay High Court has called for an investigation into the authenticity of medical certificates used to justify parole requests by prisoners. The court's decision to probe…
The National Company Law Appellate Tribunal NCLAT has determined that defaulting on payments for property purchases does not constitute financial debt under the Insolvency and…
The Supreme Court of India has intervened in a case challenging the bail granted to an undertrial by the West Bengal state authorities. The court's action highlights concerns…
The article highlights a significant backlog in India's district courts, with approximately 66 lakh 6.6 million cases pending due to the shortage of available lawyers. This issue…
The Kerala High Court has commuted the death sentence of a man previously convicted of murdering his lover and her 4-year-old child. The court's decision came after reviewing the…
The article reports a substantial increase in the market valuation of nine out of the top ten companies in India, with a collective rise of Rs. 2.01 lakh crore. Bharti Airtel…
The article focuses on the allotment process for Bajaj Housing Finance's Initial Public Offering IPO and the latest GMP Grey Market Premium associated with it. It provides a…
This article provides live updates on various news stories as of September 15, 2024. It covers a range of topics including current events, economic developments, and significant…
Malaysia Airlines is planning to expand its operations into India, recognizing the country as a crucial market for its growth strategy. The airline aims to enhance connectivity…
The Real Estate Regulatory Authority RERA in Haryana is setting up a dedicated team to monitor the progress of real estate project promoters. This move is intended to ensure that…
The Reserve Bank of India RBI plans to overhaul its currency management infrastructure to better meet future cash needs. This revamp aims to modernize currency handling systems,…
The RBI has relaxed lending norms for banks providing loans to well-rated Non-Banking Financial Companies NBFCs . This regulatory change is aimed at facilitating easier access to…
Oil India Limited has announced a substantial investment of Rs 25,000 crore in clean energy initiatives with the goal of achieving net-zero carbon emissions by 2040. This…
The article discusses the potential long-term repercussions of Tata Group's decision to discontinue the Vistara airline. While the move might offer short-term financial benefits,…
A major defence aircraft company has signed a Rs 26,000 crore contract with the Ministry of Defence, adding to its already substantial order book of Rs 120,000 crore. This…
Industries in the Nimbola cluster are urging the government to expedite the release of funds necessary for their development. The delay in funds is impacting industrial operations…
ICRA ESG Ratings has assigned its first Environmental, Social, and Governance ESG rating to Incred Financial Services. This rating reflects the company's commitment to sustainable…
Gaurs Group plans to invest Rs 1,600 crore in the development of luxury flats in Ghaziabad. This investment is part of the company’s strategy to expand its real estate portfolio…
The GST Council has established a Group of Ministers GoM to review the tax rates applied to health and life insurance products. This move follows growing concerns among various…
The success of the Indian government's social security scheme for gig workers heavily relies on the method of its implementation. The scheme aims to provide financial and social…
Western Carriers has successfully raised ₹148 crore from anchor investors in anticipation of its initial public offering IPO . This funding marks a significant step as the company…
Banking liquidity is expected to experience a decline this week due to the simultaneous outflow of funds for advance tax payments and GST dues. This temporary dip in liquidity…
The GST Council's recent decision to impose an 18% Goods and Services Tax GST on affiliation fees paid by private schools to various boards has stirred debate. This move is seen…
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