The Supreme Court ruled that temporary government workers are entitled to pension benefits under the General Provident Fund GPF scheme if they have served for a significant…
25/08/20241 min read
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The Supreme Court ruled that temporary government workers are entitled to pension benefits under the General Provident Fund GPF scheme if they have served for a significant…
The Kerala High Court declared that any agreement to settle a rape case outside the legal process is void as it contravenes public policy. The court emphasized that rape is a…
The Karnataka High Court denied bail to a man accused of raping a woman and forcing her to convert to Islam. The court found that the allegations were serious and that the…
The Delhi High Court upheld the Central Administrative Tribunal's CAT order to reinstate Chhattisgarh IPS officer Gurjinder Pal Singh, who had been suspended on charges of…
The Madras High Court addressed delays in filing appeals related to notices uploaded on the GST portal. The court observed that technical glitches on the GST portal should not be…
In August, foreign investors injected ₹11,366 crore into India's debt market, marking a significant influx of capital. This investment boost reflects growing confidence in India's…
The Jammu and Kashmir High Court ruled that the Jammu and Kashmir Public Safety Act PSA cannot be used as a shortcut to bypass the due process established under the Code of…
The Bombay High Court held that a person who attempts suicide should not be prosecuted if they were suffering from mental health issues. The court emphasized that under the Mental…
The Punjab and Haryana High Court struck down a rule that restricted eligibility for recruitment of sportsmen to Group A and B jobs only. The rule, implemented by the Punjab…
The Punjab and Haryana High Court took suo moto notice of significant delays in DNA profiling at forensic laboratories. The court emphasized the adverse impact of such delays on…
The Rajasthan High Court altered the charges in a case where a husband was accused of killing his pregnant wife. The court modified the charges based on the evidence presented,…
The Delhi High Court ruled that disputes related to excise duty are non-arbitrable, as they involve sovereign functions, including the determination of tax rates or liability. The…
The Delhi High Court clarified that its role under Sections 115 and 116 of the Arbitration Act is limited to verifying the existence of an arbitration agreement and the timely…
The Calcutta High Court ruled that government entities should not receive preferential treatment in delay condonation applications under Section 37 of the Arbitration Act. It…
The Madras High Court ruled that delays in filing appeal notices uploaded on the GST portal can lead to complications. The court highlighted the importance of timely submissions…
The Allahabad High Court upheld a penalty under Section 74 of the GST Act, ruling that tax invoices, e-way bills, and goods receipt payment details are insufficient to prove the…
The CESTAT denied CENVAT credit due to incorrect addresses mentioned on invoices, stressing the importance of accurate documentation for claiming credits. This decision reinforces…
The CBIC has extended the anti-dumping duty on CPVC resin imports from China and Korea for an additional five years. This decision follows a review to address concerns of dumping,…
The Central Board of Indirect Taxes and Customs CBIC has revised the All Industry Rate AIR of duty drawback for gold and silver jewelry articles. The updated AIR rates have been…
The ITAT upheld the CIT A 's decision that the date of sale transfer of shares should be included in the holding period calculation for capital gains. This ruling clarifies the…
The Karnataka High Court dismissed an income tax appeal due to non-prosecution at both the ITAT and High Court levels. The court highlighted the necessity of diligent follow-up in…
The ITAT ruled that a gift from an NRI relative is not taxable as income if its genuineness is proven. The tribunal emphasized that genuine gifts from relatives should not attract…
The Delhi High Court remanded a case involving retrospective GST registration cancellation for reconsideration due to a GST portal glitch that led to disregarded statements. The…
The Delhi High Court set aside a GST demand order due to erroneous tax liability calculations. The court found that the assessment was flawed and required correction. This…
The Karnataka High Court upheld the deletion of assessed income in a reassessment under Section 153A, ruling that reassessment is impermissible without incriminating evidence. The…
Justice Sanjay Kishan Kaul of the Supreme Court criticized the government's decision to avoid arbitration in high-stakes matters, calling it undesirable. He emphasized that…
The Allahabad High Court ruled that a husband living separately from his parents does not constitute cruelty by the wife. The case involved a husband who claimed his wife’s demand…
The CESTAT ordered the reduction of a redemption fine that was imposed equal to the value of goods. The tribunal ruled that fines should be proportionate to the offense and that…
The Kerala High Court allowed actor Suresh Gopi to challenge a tax demand on his luxury cars. The court granted an interim stay on the tax collection while the petition is under…
Finance Minister Nirmala Sitharaman has urged Regional Rural Banks RRBs to increase credit access for MSMEs, particularly in cluster areas. She emphasized the need for RRBs to…
Shreyash Devalkar offers insights on identifying potential winning stocks in India’s currently expensive market. The focus is on evaluating investment opportunities amidst high…
FMCG stocks have dropped even as the overall market shows an upward trend. This counterintuitive movement indicates sector-specific issues or shifts in investor preferences,…
Despite a general market rise, power stocks have experienced a decline. This divergence reflects sector-specific challenges or investor sentiment changes, affecting the…
Ultratech, Ambuja, and ACC are facing three key factors that could impact their earnings: rising input costs, regulatory changes, and fluctuating demand. These elements are…
PhonePe has introduced a credit line feature on its UPI platform to facilitate seamless merchant payments. This new offering aims to enhance payment flexibility and support…
The National Asset Reconstruction Company Ltd NARCL has proposed a Rs 474 crore offer to take over Gayatri Projects' debt amid ongoing discussions with lenders. The offer is part…
The market capitalization of Public Sector Undertakings PSUs has increased by 4% over the past two years, now constituting 15% of India's total market capitalization. This growth…
Indian Oil Corporation has been penalized by BSE and NSE for lapses in board composition. The penalties reflect regulatory scrutiny and the importance of adhering to corporate…
The Indian government plans to dilute a 10% stake in the Public Sector Undertaking PSU IREDA to raise funds. This move is part of a broader strategy to attract investments and…
The Income Tax Department has directed its officers to prioritize action on the top 5,000 high-value cases, aiming to recover substantial dues and ensure tax compliance. The…
Maharashtra’s Minister announced significant support for MSMEs and plans to establish Mumbai as a global fintech hub. The initiative includes incentives and infrastructure…
Brokerages recommend HDFC Bank, ICICI Bank, and SBI among 12 buy ideas following Q1 results. These recommendations are based on strong financial performances and positive outlooks…
The IRDAI’s General Insurance GIC Surety Conclave addressed challenges in the bond market, focusing on insurance industry reforms and regulatory issues. The conclave aimed to…
India's significant weight in the MSCI equity index is pivotal for global investment flows. As MSCI adjusts its index weightings, India’s role becomes crucial in determining…
Axio is set to receive funding through the Amazon SMBhav Venture Fund, aimed at supporting small and medium-sized enterprises SMEs . This funding will bolster Axio’s growth and…
High Net-Worth Individuals HNWIs are increasingly investing in tech, pharma, and fintech start-ups, according to Priti Goel. The shift towards these sectors reflects growing…
The Indian rupee is expected to inch higher as traders anticipate cues from Federal Reserve Chair Jerome Powell regarding potential interest rate cuts. Market participants are…
The Indian rupee gained 5 paise to 83.88 per US dollar in early trade on Friday, bolstered by easing oil prices and positive sentiments in the domestic market. The rupee's…
A significant percentage of financial frauds are attributed to inadequate re-KYC Know Your Customer measures by banks and lending companies. This statistic highlights the critical…
MSMEs can enhance their security and operational efficiency through identity verification and fraud prevention solutions. These tools help small and medium enterprises protect…
The Supreme Court ruled that temporary government workers are entitled to pension benefits under the General Provident Fund GPF scheme if they have served for a significant…
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