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Guidelines for selection of MD and CEO in public sector banks approved(20.08.2015)

The guidelines on selection of Managing Directors and Chief Executive Officers in public sector banks, other than the five large public sector banks, .....

Tags : Bank, management, selection, board

Programmes for skill development and provision of apprenticeships(13.08.2015)

To provide skill training on a large scale, the government has introduced the 'Pradhan Mantri Kaushal Vikas Yojana' and 'Apprentice Protsahan Yojana'.....

Tags : scheme, workforce, skill, development

International Cases

A freezing order should not be made unless risk of dissipation is established(22.08.2019)

The Applicants are the brother and sister-in-law of the late Terry Ray Woodley (the deceased). They are also creditors of his estate. The first Respon.....

Tags : Freezing order, Remedy, Entitlement

When a judge decides that, an accused is not mentally fit to stand trial, it is then necessary to consider whether accused may become fit within six months(08.08.2019)

In present matter, on 29 July, 2019, the accused appeared at a hearing to determine whether he was fit to be tried. Reports obtained by the Court conc.....

Tags : Mental illness, Trial, Adjournment

Payment by employer to tax consultants to render assistance to expatriate employees is taxable ‘benefit or advantage’ as contemplated in the definition of ‘gross income’(06.09.2019)

The Appellant, BMW South Africa (Pty) Ltd (BMWSA), is part of the BMW Group (the Group) that manufactures and markets BMW vehicles and conducts worldw.....

Tags : Payment, Tax Consultant, Assessment, Legality

There must be certainty of intention to create a trust on part of settler in relation to the subject-matter of trust and as to the beneficiary of the trust(02.10.2019)

On 20 September 1948, Nawab Moin Nawaz Jung (Moin) caused the sum of £1 million to be transferred from an account of the Government of Hyderabad held .....

Tags : Transfer, Fund, Entitlement

Police constables has right to bring proceedings before Employment Tribunals in order to challenge discrimination by chief officers and responsible officers(25.10.2017)

Present appeal concerns the directly effective right of police officers under EU law to have the principle of equal treatment applied to them. The que.....

Tags : Police officer, Rights, Equal Treatment

Firm exercising characteristics of power against one player due to contractual relationship between the two, cannot be interpreted to imply that, it would be able to do so on a broader level(23.11.2017)

Present matter concerns two interlocutory applications, an amendment application and an exception application, arising from a private complaint referr.....

Tags : Prohibited practice, Complaint, Amendment, Exception, Application

An inference may be drawn in favour of a party who bears the onus if it is the most probable inference to be drawn(10.01.2018)

Present case concerns two exceptions the Respondents have brought to a case referral from the Competition Commission. The Commission alleges that, in .....

Tags : Price fixation, Agreement, Anti-competitive, Contravention

Mere fact of agreeing to an oral variation is not a contravention of the clause(16.05.2018)

In facts of present case, MWB Business Exchange Centres Ltd operates serviced offices in central London. On 12 August 2011, Rock Advertising Ltd. ente.....

Tags : Oral agreement, Variation, Validity

While an appeal to Court of Appeal is by way of rehearing, a trial judge’s findings of fact should not be overturned simply because Court of Appeal would have found them differently(05.12.2018)

Present appeal is about the burden of proof in actions against a shipowner for loss of or damage to cargo. The six claimants were the owners and bill .....

Tags : Consignment, Damage to cargo, Burden of proof

Judicial pension scheme is not based upon individual appointments only; it includes a number of different appointments(16.12.2019)

Issue in present appeal is when time starts to run for a claim by a part-time judge to a pension under the Part-time Workers’ Directive, as applied by.....

Tags : Pension, Unequal treatment, Validity

If a substantial part of the concerned item has been copied then a copyright infringement will be said to have taken place(29.01.2020)

The claimant ('Response') is a company based in Oswaldtwistle, Lancashire. It designs and markets clothing. The Defendant ('EWM') is a major retailer .....

Tags : Copyright Infringement

Relatively low shareholder turnout does not prevent Court from making orders approving a scheme of arrangement(23.01.2020)

The Plaintiff, Pensana Metals Ltd (Pensana), applies for orders approving a proposed scheme of arrangement (Scheme). The Scheme meeting was convened a.....

Tags : Scheme, Arrangement, Approval

A treaty is binding upon each party in respect of its entire territory unless a different intention is expressed(16.10.2019)

The Appellants in present case are the executors of Mrs Beryl Coulter, who died in Jersey on 9 October 2007, leaving her residuary estate on trust for.....

Tags : Inheritance tax, Relief, Entitlement

Failure of a Registrar to sign a summons is susceptible to condonation(26.03.2020)

The crisp issue in present appeal is whether a summons which has not been signed by the registrar of the court is a nullity or a defective pleading wh.....

Tags : Summons, Signature, Peremptory requirement

Employer of an independent contractor is not liable for negligence or other torts committed by contractor in the course of execution of work(01.04.2020)

In present appeal, the Supreme Court is asked to decide whether Barclays Bank is vicariously liable for sexual assaults allegedly committed between 19.....

Tags : Medical assessment, Assaults, Liability

Application to reopen a case under same case number on same pleadings in order to thwart prescription is not permissible(20.04.2020)

The central issue in present appeal is whether, after an order of absolution from the instance at the end of a trial, the Appellant, Liberty Group Lim.....

Tags : Case re-opening, Entitlement

Income tax is charged on the employment income of an employed diver, which includes fiction that, diver is carrying on a trade(20.05.2020)

In facts of present case, Mr. Martin Fowler is a qualified diver who is resident in the Republic of South Africa. During the 2011/12 and 2012/13 tax y.....

Tags : Employment income, Tax, Levy

Any order for further and better discovery is discretionary and the discretion must be exercised having regard to the objectives of case management(25.06.2020)

Present is the Plaintiff's application for discovery orders. The Plaintiff is seeking orders requiring the second Defendant to discover all applicatio.....

Tags : Discovery orders, Entitlement, Jurisdiction

Prescription Act does not apply to claims for compensation under the RAF Act(06.05.2020)

Present appeal concerns the question whether the running of prescription in respect of Mr Koos Jacobs’ claim for damages under the Road Accident Fund .....

Tags : Compensation, Enactment, Applicability

Regulations made under a statute cannot be used to interpret the governing statute(23.05.2020)

The Appellants appeal against an urgent interim interdict issued by the High Court, Pretoria, which prevents the South African Police Service (the SAP.....

Tags : Interim interdict, Implementation, Provision

Production of notice of assessment is conclusive evidence that the assessment is properly made(07.08.2020)

An application is made by the Plaintiff, the Deputy Commissioner of Taxation, for judgment to be entered against the defendant pursuant to the Rules o.....

Tags : Debt dues, Payment, Recovery

Negligence by the business operator does not have to be proved(16.10.2020)

In facts of present case, Highbury Poultry Farm Produce Ltd. (“HPFPL”) operates a poultry slaughterhouse. The birds have their legs shackled to a movi.....

Tags : Strict liability, Negligence, Mensrea

Court is not bound to approve any scheme and have discretionary over the same(05.10.2020)

The Plaintiff, Cassini Resources Ltd (Cassini), applies for orders approving two proposed schemes of arrangement (Acquisition Scheme and Demerger Sche.....

Tags : Amended scheme, Approval

Deeming provision had the effect of notionally separating the supply of services from the supply of goods, when in fact they were not separate supplies(03.04.2020)

Present appeal concerns the proper interpretation and application of Section 8(15) of the Value Added Tax Act 89 of 1991, in the context of a single s.....

Tags : Goods, Supply, Tax, Payment

An agreement to agree without a deadlock-breaking mechanism was not enforceable(15.10.2020)

The Appellants launched an application in the Gauteng Division of the High Court, Pretoria for orders declaring and enforcing servitudal rights. The s.....

Tags : Servitudal rights, Agreement, Enforceability

A curfew enforced by electronic tagging, clocking in and clocking out, and arrest or imprisonment for breach was a “classic detention or confinement”(12.02.2020)

Present case is about the meaning of imprisonment at common law and whether it should, or should not, now be aligned with the concept of deprivation o.....

Tags : False imprisonment, Compensation, Legality

Grantee cannot acquire more rights than those afforded by the grantor(04.11.2020)

Present appeal is directed against an order of the High Court, which upheld the exception raised by the Respondent, Tip Trans Resources (Pty) Ltd. (Ti.....

Tags : Contract, Rights, Entitlement

A private company running on commercial lines is not entitled to exemptions under Section 10 Income Tax Act(20.11.2020)

The Appellant, City Power Soc Limited (City Power), is a state-owned company that is wholly owned by the City of Johannesburg (the City). In 2014, it .....

Tags : Assessments, Exemption, Applicability

Constitution not only provide protection for different religious beliefs and affiliation, it also guaranteed the freedom to observe and manifest the different religious beliefs(24.11.2022)

The interdict application had been brought by Mr. Chandra Giri Ellaurie. In terms of the interdict the high court ordered that the sound of the ‘Call .....

Tags : Noise, Interdict, Requirement

Wrongfulness was to be established objectively, taking into consideration the legal convictions of the community(13.01.2023)

Appeal is against an order of the Eastern Cape, East London Circuit Court (the high court) which held the Democratic Alliance liable for damages for i.....

Tags : Dignity, Infringement, Damages

Once a guarantee is valid on the face of it, the contractual obligation of the bank is to pay the nominated beneficiary, if the conditions are met(30.12.2022)

In present case, the High Court dismissed the application brought by the liquidators of the Appellant, Cape Concentrate (Pty) Ltd. to set aside, as a .....

Tags : Payment, Demand, Bank guarantees

The party who raises a plea of prescription bears the onus of proof(07.11.2022)

Present is an appeal against the judgment of the High Court, granting the Respondent’s enrichment claim against the Appellant in an amount to be deter.....

Tags : Enrichment claim, Grant, Legality

Clauses in which the annexures were mentioned had to be read not in isolation, but as part of the whole agreement(20.02.2023)

The issue in the appeal was whether an agreement concluded between the appellant, the first respondent and the second respondent was: (a) void for vag.....

Tags : Agreement, Clauses, Implementation

Only forum in which a taxpayer may dispute or object to a decision of an assessment, including additional assessments, is the tax court, unless the high court directs otherwise(24.03.2023)

The Respondent, the Commissioner for the South African Revenue Services (SARS), issued a letter to the appellant, United Manganese of Kalahari (Pty) L.....

Tags : Audit, Assessment, Objections

Arbitration Foundation of Southern Africa Rules did not confer a discretionary power upon the Arbitrator to decide whether to adjudicate the defence of repudiation(31.03.2023)

The second Respondent brought arbitral proceedings against the Appellants. The dispute submitted to arbitration concerned two agreements. In the award.....

Tags : Agreement, Defence, Repudiation

Essential operations of the business must be conducted within the jurisdiction in respect of which exemption is sought(07.02.2023)

The Respondent, CIMSA, is the holding company for the Coronation Group which is registered and tax resident in South Africa. During 2012, CIMSA was a .....

Tags : Income, Assessment, Tax

Court has a discretion to order an inspection if good faith and proper purpose is proved(13.06.2023)

By originating process filed 13thDecember, 2022, the Plaintiff sought an order pursuant to Section 247A of the Corporations Act, 2001 authorising the .....

Tags : Inspection, Records, Entitlement

Accommodation is not a home, it is a residence of limited duration for a specific purpose, that is time-bound by the academic year and subject to rotation(03.07.2023)

Present is an appeal against the order of the High Court, dismissing the Appellant’s application to evict the Respondents. The respondents had been ca.....

Tags : Accommodation, Eviction, Entitlement

Financial settlements between spouses reopened for non-disclosure of assets(14.10.2015)

The United Kingdom Supreme Court considered the effects of material non-disclosure at financial settlement between husband and wife on divorce in

Tags : Divorce, settlement, non-disclosure, financial, order

It is permissible to add a firm to an existing complaint subsequent to an investigation. Initiation does not require any level of formality(02.05.2017)

Present appeal is against an order of Competition Tribunal in which Tribunal dismissed a series of in limine objections raised by Appellants. On 1st S.....

Tags : Collusive bidding, Investigation, Settlement, Invitation

In absence of an available market, measure of loss is difference between contract rate and what was or ought reasonably to have been earned from employment of vessel under shorter charterparties(28.06.2017)

Present appeal concerns assessment of damages arising out of repudiation of a charterparty by charterers of a cruise ship called New Flamenco (“vessel.....

Tags : Award, Damages, Assessment

Florida’s sentencing scheme given the chop(12.01.2016)

The United States Supreme Court overwhelmingly held Florida’s sentencing scheme unconstitutional under the

Tags : Shareholding Agreement, Contravention, Provision

It is unlawful to discriminate against part-time workers, when a retirement pension falls due for payment(12.07.2017)

Appellant is a retired self-employed barrister, who also held part-time judicial office as a recorder (a part-time judge of Crown Court) between 1 Mar.....

Tags : Pension, Entitlement, Directives, Applicability

Unless Defendants have the statutory defence, they have committed an offence(03.08.2017)

Present is an interlocutory appeal in a criminal case which concerns the correct construction of Section 92(1) of the Trade Marks Act, 1994. The Appel.....

Tags : Infringement, Provision, Interpretation

Summary judgment should be awarded only in clearest of cases, where one party can demonstrate that, question will certainly be resolved in their favour(20.10.2017)

The primary judge granted summary judgment to the Deputy Commissioner of Taxation in two actions brought against the Appellants. The actions had been .....

Tags : Assessment, Validity, Estoppel

Contract be constituted by an offer and acceptance when putative offer reveal an intention to give rise, upon acceptance, to an obligation(11.05.2017)

Robert Ian Edwin Partridge died on 6 October 2008. By his will made on 29 December 1995, he appointed Appellant, Mrs. Lola Levingston, as his executri.....

Tags : Will, Agreement, Existence

A custody order must not be made unless the alleged offence is punishable by imprisonment and the judge is satisfied that, such an order is appropriate(27.09.2017)

In facts of present case, The charges against Accused are that, he attempted to unlawfully kill his wife contrary to Section 283(1) of the Criminal Co.....

Tags : Trial, Mental fitness, Custody order

A party to the dispute ought not be appointed as the administrator(10.11.2017)

By chamber summons filed 24 August 2017, the first and second Defendants sought an order appointing an administrator to the estate of the late Maria S.....

Tags : Probate, Appointment, Administrator

A trustee is entitled to the benefit of the lapse of time when, although he had done something legally or technically wrong, he had done nothing morally wrong or dishonest(28.02.2018)

Present appeal raises a well-formulated issue as to the construction of Section 21 of the Limitation Act 1980, and a rather more diffuse question as t.....

Tags : Fraud, Summary judgment, Suitability

Tender process is designed to induce competition in a very structured way by facilitating independent conduct of potential service providers(03.10.2018)

Present matter concerned a complaint referral by Competition Commission against two firms active in provision of brand activation services: Geometry G.....

Tags : Anti-Competitive Agreement, Contravention, Provisions

Passages in the Code of Practice cannot replace the statutory words, they do provide helpful advice as to the relatively low threshold of disadvantage(17.12.2018)

Mr Williams was employed by the second Respondent (“the University”) from 12 June 2000 until he retired for ill-health reasons with effect from 30 Jun.....

Tags : Inability, Work, Unfavourable treatment

Court’s discretion to determine that by whom and to what extent the costs of proceedings are to be paid must be exercised judicially(25.01.2018)

In facts of present case, the Respondent is the operator of a caravan park. The Appellants and the Respondent entered into a tenancy agreement in resp.....

Tags : Cost, Payment, Validity

There must be a representation, omission or practice that was likely to mislead consumers in case of deception(24.09.2018)

In facts of present case, SCN was issued to Respondent pursuant to Enquiry Report concluded by Commission. Enquiry was authorized on complaint filed b.....

Tags : Trademark, Infringement, Deceptive marketing

Solitary confinement of a person under 18 is not automatically a violation of Article 3 of the ECHR(09.07.2021)

In present case, on 10 December 2016, the Appellant, AB, pleaded guilty to offences of indecent exposure and sexual assault, and was remanded in custo.....

Tags : Solitary confinement, Rights, Violation

The appointment of an interim administrator will only be made if there is sufficient reason to do so(24.06.2021)

In present matter, an application is made on behalf of the first and second Plaintiffs seeking an order appointing them as the joint administrators of.....

Tags : Interim administrator, Appointment, Entitlement

Court can make an order relieving a person from civil liability for a broad range of contraventions if the person concerned acted honestly and no substantial injustice is caused to any person(15.07.2021)

In facts of present case, on 13 May 2021, the Plaintiff, Jit Sun Investments Pte Ltd (Jit Sun Investments), filed an originating process seeking order.....

Tags : Deregistered Company, Reinstatement, Registration

Payment obligation is only applicable as long as the land lease remained valid(05.08.2021)

Appeal is against impugned order of High Court, which upheld an application brought by Capital Propfund 4 (Pty) Ltd, for an order declaring a leases a.....

Tags : Leases assignment, Agreement, Ownership rights

Statutory provision should not be interpreted so as to alter the common law unless the intention to do so was clearly reflected in the enactment(04.11.2021)

The appeal concerned the construction to be placed on ‘collection costs’ as defined in Section 1 and whether collection costs in Section 101(1)(g), as.....

Tags : Cost, Inclusion, Post-judgment

A party who had been deprived of the use of his or her capital for a period of time has suffered a loss and did not need to establish special proof of his or her damages(19.05.2022)

The appeal was about two companies, namely Houtbosplaas (Pty) Ltd (Houtbosplaas) and TBS Alpha Beleggings (Pty) Ltd (TBS Alpha) suing their erstwhile .....

Tags : Payment, Funds, Interest

Low shareholder turnout does not prevent the Court from making orders approving a scheme of arrangement(07.04.2022)

On 1 April 2022, Bardoc Gold Ltd moved for orders approving a scheme of arrangement between Bardoc and its shareholders pursuant to Section 411(4), an.....

Tags : Arrangement, Scheme, Approval

Likelihood of deception or confusion must be attributable to the resemblance of the marks themselves and not to extraneous matter(26.05.2022)

The Appellant, Open Horizon Ltd, had sought an order interdicting and restraining the Respondent, Carnilinx (Pty) Ltd, from infringing its PACIFIC tra.....

Tags : Infringement, Restraint, Deception

Court has power to allow liquidator to dispense with Rule 7.5(6) of Supreme Court (Corporations) Rules, 2004(24.08.2023)

By originating process filed on 6 April 2023 (Application), the first and second plaintiffs as liquidators (Liquidators) of Maybach Consulting Pty Ltd.....

Tags : Liquidator, Release, Entitlement

Gambling tax is payable in respect of freeplay credits(04.09.2023)

The Board, together with Sun International Subsidiaries Grand west and Golden Valley casinos approached the Western Cape High Court for resolution of .....

Tags : Assessment, Gambling tax, Payment

A public procurement contract concluded in breach of the legal provisions is invalid and cannot be enforced(15.09.2023)

Present appeal concerned a dispute arising from an addendum to a service level agreement duly concluded between the Appellant, Kunene RampalaInc.(KR I.....

Tags : Addendum, Agreement, Legality

Section 31 of the Insolvency Act serves as a sword for the liquidator in winding up the insolvent estate, rather than a shield for third parties in subsequent litigation(09.02.2024)

The Appellant, Mr. Chaim Cohen (Mr Cohen), seeks to avoid liability under a deed of suretyship executed in favour of the Respondent, Absa Bank Limited.....

Tags : Surety, Liability, Payment

A collective agreement is a statutory construct, medical scheme is not recognized as a party to the collective agreement by the Labour Relations Act (LRA)(22.12.2023)

The appeal centred around a dispute between the South African Municipal Workers’ Union National Medical Scheme (appellant), a self-administered medica.....

Tags : Collective agreement, Rights, Entitlement

Where a range of meanings are available and it is possible to light on one meaning which is not defamatory, Court is not obliged to select non-defamatory meaning(03.04.2019)

The Respondent to present appeal, Ronald Stocker, is the former husband of the Appellant, Nicola Stocker. Their marriage ended in acrimony in 2012. Mr.....

Tags : Defamatory statement, Re-determination, Words

Carrying out of significant repairs to a vehicle on private property does not entail “use” of vehicle(27.03.2019)

Present appeal is concerned with the interpretation of a policy of motor insurance. The question is whether the policy confers on the insured owner of.....

Tags : Policy, Cover, Statutory requirements

Courts cannot be compelled to take a rigorous and technical view of appointment process(02.05.2019)

In present case, the Plaintiffs sought a declaration confirming their appointment as administrators of Traditional Therapy Clinics Ltd (In liq) (Compa.....

Tags : Appointment, Administrators, Declaration

Court is empowered to make an order for pre-action discovery on basis that, Defendant has possession of information that will assist Plaintiff’s case(26.06.2019)

The Plaintiffs have applied for orders for pre-action discovery pursuant to Order 26A Rule 3 of the Rules of the Supreme Court 1971 (RSC). The first .....

Tags : Pre-action discovery, Documents, Discretion

Global power play spills into Russian court(19.04.2016)

Russia’s Constitutional Court ruled against acceding to a European Court of Human Rights denouncement against Russian law that prohibits prisoners fro.....

Tags : russia, constitution, disenfranchisement, echr, prisoner rights

Liability in tort, delict or quasi-delict can only arise, if a causal connection can be established between damage and event in which that damage originates(21.03.2018)

In facts of present case, between May 2005 and February 2009, Mr. Mukhtar Ablyazov was the chairman and controlling shareholder of the claimant, a ban.....

Tags : Conspiratorial agreement, Damages, Jurisdiction

Delay itself constitutes a breach of claimant’s Convention rights and gives rise to a right to bring proceedings under Human Rights Act(06.03.2019)

The central issue in present appeal is whether the Court of Appeal in Northern Ireland was entitled to order that, a claim for damages under Section 8.....

Tags : Investigation, Delay, Damages, Entitlement

Homes built for sale to be treated the same way as homes built for lease(21.06.2019)

The Respondent, Xantha Properties 18 (Pty) Ltd, carries on business in the building construction industry. It embarked upon the construction of a prop.....

Tags : Provision, Applicability, Enrolment fee

Attorney is entitled to move single application for the removal of their name from the roll of attorneys and their admission as an advocate(14.12.2020)

In present matter, the Respondents had all been admitted and enrolled as attorneys and wished to be advocates. They relied on Section 115 of the Legal.....

Tags : Enrolment, Legal practitioner, Right

Court has broad powers under Section 21 of the Charitable Trusts Act, 1962 to make orders in respect of any property, money or income subject to a trust for charitable purposes(03.03.2021)

The Plaintiffs commenced present proceedings by originating summons filed 25 January 2021. The Plaintiffs seek relief, including declarations that the.....

Tags : Trust Fund, Legal costs, Entitlement

A bank which gives a performance guarantee must honour that guarantee according to its terms(13.11.2020)

Appeal was filed by the Joint Venture between Aveng (Africa) Pty (Ltd) and Strabag International Gmbh (the Joint Venture) against the order of the Hig.....

Tags : Beneficiary, Performance guarantee, Payment

In order to avoid liability under Section of COIDA, onus of satisfying the Court is on employer(04.03.2021)

In present case, On 5 April 2017 the Appellant, Ms Catherine Churchill, went to work as usual at the offices of the first Respondent, the Premier of 4.....

Tags : Damages, Compensation, Entitlement

As long as age requirements are imposed for reasons that bear rational scrutiny, then requirements are not arbitrary(19.03.2021)

Present Appeal was against impugned order of the High Court, which declared the policy of the South African Navy (the Navy) to be invalid. The policy .....

Tags : Recruitment, Criteria, Legality

Discretion to make a spent conviction order should be regarded as of an exceptional character(07.05.2021)

The Appellant was convicted on 27 October 2020 of breach of bail in Kalgoorlie Magistrates Court. She was fined $100 and ordered to pay costs. The App.....

Tags : Spent conviction, Entitlement, Hardship

Onus is on claimant to establish that money had been entrusted on his behalf to the attorney(28.07.2022)

The Appellant, a practising advocate made an application to the high Court for an order compelling the Respondent, the Legal Practitioners’ Fidelity F.....

Tags : Funds, Entrustment, Claim

There must be some valid reason for the discretion to be exercised under Section 482(1) of the Corporations Act, 2001(09.08.2022)

The Plaintiff by originating process seeks orders pursuant to Section 482(1) and Section 482(1A) of the Corporations Act, 2001 for the winding up of H.....

Tags : Winding up, Stay, Entitlement

Court can make a winding up order on the just and equitable ground by reason of mismanagement or lack of confidence in the conduct and management of the company's affairs(01.07.2022)

By originating process which was amended on 14 February 2022, the Plaintiff seeks orders under the Corporations Act ,2001 for the reinstatement of Inf.....

Tags : Winding up, Reinstatement, Grant

An objection is part of the pre-litigation administrative process and is not a pleading(07.10.2022)

The issues in present appeal were whether it was permissible to amend the grounds of objection against an additional assessment issued by the Appellan.....

Tags : Assessment, Objection, Allowability

Top Story

DARPAN – “Digital Advancement of Rural Post Office for A New India” launched(21.12.2017)

With the aim of enhancing the rural reach of the Department of Posts, the Minister of Communications launched DARPAN – “Digital Advancement of Rural P.....

Tags : DARPAN, Launch, Digital Advancement

Agreement could be terminated by either party in terms of the legislation(28.10.2022)

The issue in the appeal was whether the Appellant, KeyHealth Medical Scheme (KeyHealth), was entitled to revoke the agreement it had with the Responde.....

Tags : Agreement, Revocation, Permission

BBIN passenger vehicle movement promoting cross border participation and economic benefits regains momentum(15.01.2018)

As a landmark step, Bangladesh, India and Nepal have agreed on the operating procedures for passenger vehicle movement in the sub-region under the Ban.....

Tags : Agreement, Passenger vehicle, Cross border

Cabinet Approves Amendment to the Micro, Small and Medium Enterprises Development Act, 2006 to Change the Criteria of Classification(07.02.2018)

The Union Cabinet has approved change in the basis of classifying Micro, Small and Medium enterprises from ‘investment in plant & machinery/equipment’.....

Tags : MSME, Amendment, Approval

Cabinet Gives Nod to the Protection of Human Rights (Amendments) Bill, 2018(04.04.2018)

The Union Cabinet chaired by Prime Minister has given its approval to the Protection of Human Rights (Amendments) Bill, 2018 for better protection and.....

Tags : Human rights, bill, Amendment

Supreme Court allows passive euthanasia, issues guidelines(09.03.2018)

The Supreme Court while holding that right to live with dignity is a fundamental right has allowed passive euthanasia for terminally-ill patients. The.....

Tags : Illness, Passive Euthanasia, Fundamental right

Government Approves Ordinance for Capital Punishment to Child Rapists(21.04.2018)

In wake of recent horrific incidents of child rapes in different parts of country, the Central Government has approved an Ordinance for providing stri.....

Tags : Capital Punishment, Ordinance, Approval

Central Government Approves the Commercial Courts and Commercial Division of High Courts (Amendment) Bill, 2018(07.03.2018)

The Union Cabinet has approved the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill, 2018 for .....

Tags : Commercial disputes, bill, Amendment

RBI Rationalised External Commercial Borrowings (ECB) Policy(27.04.2018)

In light of requests received from corporates and other entities and in administering the ECB regime, Reserve Bank of India (RBI) has decided, in cons.....

Tags : Investment, Policy, Rationalisation

Every disposition made after the commencement of the winding-up is void, unless the court had ordered otherwise(13.10.2022)

The appeal addressed the remuneration of fees of business rescue practitioners in respect of work performed after an application to convert business r.....

Tags : BRP, Payment, Validity

Newly Amended Triple Talaq Bill Passed In Lok Sabha(27.12.2018)

The Lok Sabha has passed the Muslim Women (Protection of Rights on Marriage) Bill 2018 in short ‘triple talaq’ bill in the ongoing winter session. T.....

Tags : Triple talaq, Bill, Amendment

Non-fulfilment of the suspensive conditions renders the contract void ab initio(26.01.2024)

Present is an appeal against the judgment and order of the Gauteng Division of the high court, sitting as a court of first instance. The matter concer.....

Tags : Clause, Agreement, Validity

Imposition of a life sentence is not to be departed from ‘lightly and for flimsy reasons which could not withstand scrutiny’(14.03.2024)

The order of the high court was substituted with an order dismissing the appeal against the sentence imposed by the regional court, and reinstated the.....

Tags : Life imprisonment, Imposition, Legality

Court has power under Section 25(9) of the Supreme Court Act, to appoint a receiver where it appears to be just and convenient(20.12.2023)

In facts of present case, the first Plaintiff, Jennifer Elizabeth Low, was appointed as liquidator of the second plaintiff, Midwest Marine Pty Ltd (Li.....

Tags : Appointment, Liquidator, Power

Condonation applications are not a matter of formality, applicant must provide a proper explanation of the causes of the delay and explain each of the periods of delay(08.04.2024)

The Appellant was granted leave to appeal an order of the High Court. In terms of that order, the high court declared unlawful the Appellant’s demolit.....

Tags : Delay, Condonation, Entitlement

Cabinet approves Amendment to the Trade Unions Act, 1926 recognizing trade unions(02.01.2019)

Central Government has approved Amendment to the Trade Unions Act, 1926 to make provisions regarding Recognition of Trade Unions. The approval will fa.....

Tags : Amendment, Trade union, Recognition

President of India gives assent on amendments introduced to the Indian Stamp Act, 1899(21.02.2019)

The President of India, gave his assent to the proposed amendments in Indian Stamp Act, 1899. The amendment aims to rationalise and harmonise the syst.....

Tags : Amendment, Stamp duty, President, Assent

India and USA set to sign Bilateral Agreement for Exchange of Country-by-Country (CbC) Reports(15.03.2019)

India and the USA would finalise signing of agreement for Exchange of Country-by-Country (CbC) Reports on or before 31st March, 2019.The agreement wou.....

Tags : CBC reports, Agreement, Signing of

Courts cannot lay down conditions of eligibility in respect of employment rules of Supreme Court(03.05.2019)

The Supreme Court in its recent Judgment has expressed that, the essential qualifications for appointment to a post are for the employer to decide and.....

Tags : Eligibility, Employment, Condition

Cabinet approves Accession of India to the Nice, Vienna and Locarno Agreements(13.03.2019)

The Union Cabinet, chaired by the Prime Minister has approved the proposal for accession of India to (i) The Nice Agreement concerning the Internation.....

Tags : Agreements, Approval, Registration, Trademarks

Money Laundering Law Prevails Over Bankruptcy Act, Insolvency Code Rules Delhi High Court(02.04.2019)

Delhi High Court in a recent judgment observed that, Money Laundering law prevails over Bankruptcy Act and Insolvency Code, when it comes to attachmen.....

Tags : Property, Attachment, Third party rights

Lok Sabha passes Negotiable Instruments (Amendment) Bill, 2017(23.07.2018)

In order to reduce undue delay in final resolution of cheque dishonour cases and to provide relief to payees of dishonoured cheques, Parliament has pa.....

Tags : Bill, Amendment, Cheque bounce, Compensation

Amendment to Section 148 of Negotiable Instruments Act applies retrospectively(29.05.2019)

In a recent decision, the Supreme Court, while hearing a case namely Surinder Singh Deswal @ S.S. Deswal & Ors. v. Virender Gandhi held that, Section .....

Tags : Enactment, Amendment, Applicability

Requirements for a claim based on unjust enrichment are that, defendant must be enriched, Plaintiff must be impoverished(04.04.2024)

The Appellants appeal against the judgment of the High Court in terms of which they were, ordered to pay the Respondent, Nedbank Limited (Nedbank) the.....

Tags : Payment, Direction, Legality

A person applying for the winding up of a company has to lodge a notice with Australian Securities Investments Commission(15.05.2024)

In present matter, on 7 May 2024, Digital Dealership Pty Ltd (Company) filed an application for orders that it be wound up on the grounds of insolvenc.....

Tags : Winding up, Liquidator, Appointment

A person must apply for registration as a credit provider, if the total principal debt exceeds the threshold prescribed(21.12.2023)

Present is an appeal against the decision of the High Court, where it is declared that a loan and an acknowledgment of debt (the AOD) was subject to t.....

Tags : Loan, Agreement, Repayment

Liability on the guarantee could be avoided, if there was fraud on the part of the beneficiary(04.06.2024)

Present appeal considers whether the first Appellant, Jorge Alexandre Da Costa Bonifacio, and the second Appellant, Sergio Rui Da Costa Bonifacio (App.....

Tags : Payment, Indemnity, Claim

Parliament passes Special Economic Zones (Amendment) Bill, 2019(26.06.2019)

Parliament has passed the Special Economic Zones (Amendment) Bill, 2019. The Bill seeks to allow trusts to set up units in special economic zones by a.....

Tags : SEZ, Bill, Amendment

Probation officer’s report cannot be used as a substitute for evidence(31.05.2024)

The present eviction application was launched in terms of section 9 of Extension of Security of Tenure Act (ESTA) on the basis that the statutory requ.....

Tags : Eviction, Entitlement, Discretion

Rajya Sabha passes RTI Amendment Bill, 2019(25.07.2019)

The RTI Amendment Bill, 2019 was passed by the Rajya Sabha by a voice vote amid high drama, after being passed in Lok Sabha recently. The Bill seeks t.....

Tags : RTI, Bill, Amendment

There shall be no discrimination on ground of sex either directly, or indirectly by reference in particular to marital or family status(10.08.2016)

Appellant was registered at birth as a man. From 1991, Appellant began to live as a woman. Appellant applied for a state retirement pension, on the fo.....

Tags : Pension, Retirement, Eligibility

No one shall be subjected to torture or to inhuman or degrading treatment or punishment(08.11.2016)

Present case originated in twenty-eight applications against Russian Federation lodged with Court under Article 34 of Convention for Protection of Hum.....

Tags : Detention, Degrading treatment, Compensation

SEBI notifies Amendments to SEBI (Investment Advisers) Regulations, 2013(03.07.2020)

SEBI has notified amendments to SEBI (Investment Advisers) Regulations, 2013. Amendments are intended to strengthen the regulatory framework for inves.....

Tags : Amendment, Regulation, Investment advisers

Government notifies Draft Rules on Occupational Safety, Health and Working Conditions Code, 2020(20.11.2020)

In order to enhance safety, health and working conditions and simplifying the procedures, Union Labour Ministry notifies Draft Rules under the Occupat.....

Tags : Rules, Employment, Safety

RBI’s Monetary Policy Committee (MPC) announces no change in repo rate(04.12.2020)

On the basis of an assessment of the current and evolving macro-economic situation, the Monetary Policy Committee (MPC) at its meeting decides to keep.....

Tags : MPC, Announcement, Repo rate

If the testimony provided by an expert is consistent with the infringement action then the infringement is liable to be proven(03.11.2017)

The background against which the instant Appeals have been filed is that InterDigital Communications, Inc.; InterDigital Technology Corp.; IPR Licensi.....

Tags : Patents, Infringement, Expert

Inspection should only be refused if the redacted paragraphs are manifestly irrelevant(19.03.2018)

In present case, on 8 February 2018, the Plaintiff issued a subpoena to Mr Simon Guy Theobald, former administrator of the Defendant, requiring produc.....

Tags : Amending Agreement, Unredacted version, Inspection

A document is restricted information, if the disclosure of same could reasonably be expected to frustrate the deliberative process of the Competition Commission(13.10.2017)

The initial complaint was submitted to the Commission by Mr Parsons ("the Parsons complaint") wherein he alleged that the tyre manufacturers simultane.....

Tags : Litigation privilege, Documents, Disclosure, Protection

In matrimonial disputes, a spouse may have an obligation to make provision for the payment of other expenses; but an obligation to duplicate it in circumstances is most improbable(18.07.2018)

In facts of present case, Mr Mills (“the husband” notwithstanding his divorce from Mrs Mills, “the wife”, in 2002) appeals against an order for upwa.....

Tags : Periodical payments, Discretion, Obligation

Government amends Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2014 easing norms for independent directors(18.12.2020)

Central Government amends Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2014 in exercise of powers conferred under Sec.....

Tags : Rules, Amendment, Independent directors

Central Government notifies Companies (CSR) Rules, 2021(22.01.2021)

The Central Government amends the Companies (Corporate Social Responsibility Policy) Rules, 2014. These rules may be called the Companies (Corporate S.....

Tags : Social Responsibility, Rules, Amendment

Central Government set to launch Investment Clearance Cell(21.12.2020)

Government announces setting up of Investment Clearance Cell for clearances and approvals of industry in the country. Despite the presence of several .....

Tags : Single Window, Investment, Launch

Lok Sabha Passes Arbitration and Conciliation (Amendment) Bill, 2021(12.02.2021)

Lok Sabha Passes Arbitration and Conciliation (Amendment) Bill, 2021 repealing the Arbitration and Conciliation (Amendment) Ordinance, 2020 promulgate.....

Tags : Arbitration Act, Amendment

RBI announces date for launch of RTGS 24x7(09.12.2020)

Reserve Bank of India announces availability of Real Time Gross Settlement System (RTGS) round the clock on all days of the year. Accordingly, RTGS 24.....

Tags : RTGS 24x7, Launch, Announcement

RBI issues directions on Digital Payment Security Controls(18.02.2021)

In order to set up a robust governance structure, RBI issues direction on Digital Payment Security Controls. The Master Direction provides necessary g.....

Tags : Digital Payment, Security, Direction

Commissioner is not bound by the three-year period of limitation where full amount of tax chargeable was not assessed due to fraud, misrepresentation, non-disclosure of material facts(15.10.2021)

The issue for determination before present Court was whether the High Court correctly held that, there was a sufficiently close causal link that exist.....

Tags : Assessment, Income, Additions

Amendment ought not be allowed to defeat a limitation period(27.10.2021)

In present case, On 1 February 2021, the Plaintiff, Collgar Wind Farm Pty Ltd (Collgar), issued a writ naming RJE Global Pty Ltd (RJE Global) as the D.....

Tags : Amendment, Correction, Misnomer

Central Government amends Insurance Ombudsman Rules for better resolution of complaints(03.03.2021)

In order to improve the working of the Insurance Ombudsman mechanism and to facilitate resolution of complaints, the Government notified amendments to.....

Tags : Complaint, Ombudsman Rules, Amendment

Central Government Notifies Copyright (Amendment) Rules, 2021(08.04.2021)

Central government has notified the Copyright (Amendment) Rules, 2021 which amends the Copyright Rules, 2013 vide Gazette notification under reference.....

Tags : Digital era, Rules, Amendment

Court would lean against a construction of legislation which produces absurd or unworkable results(12.01.2022)

Present appeal concerns the extent of the “right to manage” conferred by Chapter 1 of Part 2 of the Commonhold and Leasehold Reform Act, 2002 (“the 20.....

Tags : Management, Statutory Right, Premises

Process of interpretation should not be divorced from the circumstances surrounding the contract(03.07.2024)

In present matter, Phoenix Salt instituted an application in the Gauteng Division of the High Court, Johannesburg (the high court) to claim payment of.....

Tags : Payment, Enforcement, Right

A settlement agreement can be set aside if it was fraudulently obtained(24.07.2024)

The Appellant and the Respondent were married, out of community of property, with the inclusion of the accrual system, on 4 November, 2000. Subsequent.....

Tags : Settlement agreement, Clauses, Common mistake

President promulgates Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021(07.04.2021)

The President promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 on 4th April 2021. The Cabinet had approved on 31st March, 20.....

Tags : Ordinance, Amendment, MSMEs

Central Government Announces Vehicle Scrapping Policy(18.03.2021)

Minister for Road Transport and Highways, Shri Nitin Gadkari announced the Vehicle Scrapping Policy. The policy aims to reduce population of old and d.....

Tags : Vehicle, Scrapping Policy, Announcement

Cabinet approves enhancement in the corpus of Emergency Credit Line Guarantee Scheme(17.08.2022)

The Union Cabinet, chaired by the Prime Minister, has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50.....

Tags : Credit Line, Limit, Enhancement

Central Government notifies Overseas Investment Rules and Regulations(22.08.2022)

Central Government and Reserve Bank of India notifies Foreign Exchange Management (Overseas Investment) Rules, 2022 and RBI notifies Foreign Exchange .....

Tags : Overseas, Investment, Notification

Central Government notifies Overseas Investment Rules and Regulations(22.08.2022)

Central Government and Reserve Bank of India notifies Foreign Exchange Management (Overseas Investment) Rules, 2022 and RBI notifies Foreign Exchange .....

Tags : Overseas, Investment, Notification

Reserve Bank of Indiaannouncesvarious measures to enhance forex inflows(06.07.2022)

The Reserve Bank has been continuously monitoring the liquidity conditions in the forex market and has now stepped in to alleviate dollar tightness wi.....

Tags : Forex inflows, Measures, Announcement

47th GST Council recommends change of rates on goods and services(29.06.2022)

The 47th GST Council met under the Chairmanship of Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman. The meeting was also atte.....

Tags : Council meet, Recommendation, Rates

Ministry of Corporate Affairs revises threshold for paid up capital of “small companies”(16.09.2022)

The Central Government amends the Companies (Specification of Definition Details) Rules, 2014. These rules may be called Companies (Specification of d.....

Tags : Definition, Amendment, Paid-up capital

Central Government amends the Legal Metrology (General) Rules, 2011 for ease of doing business and reducing the compliance burden for the industries(04.10.2022)

Department of Consumer Affairs, Government of India amended the Legal Metrology (General) Rules, 2011. Section 49 of the Legal Metrology Act, 2009 all.....

Tags : Rules, Amendment, Metrology

Department for Promotion of Industry and Internal Trade notifies establishment of Credit Guarantee Scheme for Startups(07.10.2022)

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the establishment of the Credit Gu.....

Tags : CGSS, Establishment, Notification

Government notifies Amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 for an Open, Safe and Trusted and Accountable Internet(29.10.2022)

In a major push towards an Open, Safe and Trusted and Accountable Internet, the Ministry of Electronics and IT notified amendments to the Information .....

Tags : Information Technology, Rules, Amendment

Government proposes quick settlement of contractual disputes to promote ease of doing business(08.02.2023)

The Ministry of Finance circulated a draft scheme. The government intends to bring one time settlement scheme called “Vivad se Vishwas II (Contractual.....

Tags : Contractual disputes, Quick settlement, Disputes

Centre allows International Trade Settlements in Indian Rupees for Export Promotion Schemes(09.11.2022)

The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlemen.....

Tags : Export, Settlement, Rupee

Central Government announces Foreign Trade Policy, 2023(31.03.2023)

Union Minister of Commerce and Industry, launched the Foreign Trade Policy 2023 saying that, it is dynamic and has been kept open ended to accommodate.....

Tags : FTP, Announcement, Changes

Centre notifies three Grievance Appellate Committeeson the recently amended Information Technology Rules, 2021(28.01.2023)

The Centre established three Grievance Appellate Committees based on the recently amended Information Technology (Intermediary Guidelines and Digital .....

Tags : Committee, Establishment, IT Rules

Government Notifies Amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics code) Rules, 2021(06.04.2023)

The Ministry of Electronics and IT, Government of India notified amendments to the Information Technology (Intermediary Guidelines and Digital Media E.....

Tags : Rules, Amendment, Online gaming

RBI issues framework for compromise settlements and technical write-offs(08.06.2023)

RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....

Tags : Settlements, Framework, Issuance

RBI issues framework for compromise settlements and technical write-offs(08.06.2023)

RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....

Tags : Settlements, Framework, Issuance

Central Government amends Electricity (Rights of Consumers) Rules, 2020(23.06.2023)

The Government of India has introduced two changes to the prevailing power tariff system, through an amendment to the Electricity (Rights of Consumers.....

Tags : Power tariff, Rules, Amendment

Government launches Vivad se Vishwas scheme for relief to MSMEs(02.05.2023)

Central Government has launched the scheme, “Vivad se Vishwas I – Relief to MSMEs”. The scheme was announced in the Union Budget 2023-2024 by Union Fi.....

Tags : Vivad-se-Vishwas Scheme, Government scheme, MSME

Central Government implements Trade Infrastructure for Export Scheme(15.03.2023)

The Department of Commerce is implementing the Trade Infrastructure for Export Scheme (TIES) w.e.f. FY 2017-18 to assist Central and State Government .....

Tags : Export, Scheme, Implementation

GST Council recommends several measures for streamlining compliances in GST(11.07.2023)

The 50th meeting of the Goods and Services Tax (GST) Council was held, under the chairpersonship of the Union Finance and Corporate Affairs Minister.G.....

Tags : Recommendations, Meeting, GST Council

GST Council Approved Final Draft of Central GST and Integrated GST(04.03.2017)

The all-powerful GST Council headed by Union Finance Minister Arun Jaitley approved final draft of Central GST (C-GST) and Integrated GST (I-GST). Fur.....

Tags : Council, Approval, Implementation, GST

Central Government Launches BHARAT QR Code for Encouraging Digital Payments(20.02.2017)

The Central Government has recently launched Bharat QR code, a Quick Response (QR) code to enable digital payments without card swiping machines. This.....

Tags : QR code, Launch, Digital payments

INDIA –BRAZIL SIGNED SOCIAL SECURITY AGREEMENT(16.03.2017)

India and Brazil signed a Social Security Agreement which will exempt detached workers from making social security contributions in either countries,.....

Tags : Agreement, Bilateral, Social security

PM Inaugurated Integrated Case Management System Of Supreme Court(10.05.2017)

The Prime Minister Mr. Narendra Modi inaugurated the integrated case management system of the Supreme Court in presence of the Chief Justice of India .....

Tags : Case Management, Inaugration

Government revised definition of start-up to promote entrepreneurship(25.05.2017)

With an endeavour to promote entrepreneurship in the country, Department of Industrial Policy and Promotion (DIPP), a nodal body for Start-up India Pl.....

Tags : Definition, start-up, Amendment

Investment Facilitation Mechanism established between European Union and India(14.07.2017)

In a bid to strengthen trade and investment ties between EU and India, establishment of an Investment Facilitation Mechanism (IFM) for EU Investments .....

Tags : Investment, Mechanism, Launch

Union Cabinet amends RTE Act, 2009, extending time period for teachers to acquire prescribed minimum qualifications(21.07.2017)

In wake of requests from various states for extending deadline for teachers to acquire the prescribed minimum qualifications for appointment, Central .....

Tags : Bill, Amendment, Time, Extension, Qualification

NPCI Gets Final Approval From RBI To Function As Bharat Bill Payment Central Unit(28.07.2017)

In a bid to further strengthen and regulate digital payments, the National Payments Corporation of India (NPCI), being an umbrella organisation for al.....

Tags : NPCI, Bill payment, Approval, Central Unit

SC Declares Right to Privacy as Fundamental Right(24.08.2017)

The Nine Judges Bench of the Hon’ble Supreme Court in a historic and landmark Judgment has declared that, right to privacy is a fundamental right in t.....

Tags : Privacy, Fundamental right, Declaration

Government likely to release a new industrial policy aiming to promote 'Make in India'(30.08.2017)

The process to formulate new Industrial Policy began in May 2017 by The Department of Industrial Policy and Promotion. The new Industrial Policy will .....

Tags : Industrial policy, Release, Comments, Invitation

WHO settles long standing dispute between India and European Union(24.11.2016)

The World Health Organization has settled a long standing dispute between India and the European Union (EU) by clarifying that the term ‘counterfeit’ .....

Tags : Settlement, Dispute, Medicines

Government signs Global Environment Facility (GEF) Grant Agreement with the World Bank(16.08.2017)

The Government of India and the World Bank has signed a US dollar 24.64 million grant from the Global Environment Facility (GEF) in order to improve e.....

Tags : World Bank, Grant, Ecosystem, Improvement

International Solar Alliance (ISA) becomes a Treaty-based International Inter-governmental organization(05.12.2017)

On 6th December 2017, the International Solar Alliance (ISA) becomes a treaty-based international inter-governmental organization as per its Framework.....

Tags : ISA, Organization, Inter-governmental

International Solar Alliance (ISA) becomes a Treaty-based International Inter-governmental organization(05.12.2017)

On 6th December 2017, the International Solar Alliance (ISA) becomes a treaty-based international inter-governmental organization as per its Framework.....

Tags : ISA, Organization, Inter-governmental

Direct Tax Vivad se Vishwas Bill, 2020 introduced in Lok Sabha(05.02.2020)

The Minister of Finance introduced the Direct Tax Vivad se Vishwas Bill, 2020 on February 5, 2020, a mechanism for resolving tax disputes pending in v.....

Tags : Settlement, Disputes, Bill

Centre issues new Rules for appointment of Members to Tribunals(12.02.2020)

The Union Ministry of Finance has framed fresh rules prescribing uniform norms for the appointment and service conditions of members to various tribun.....

Tags : Tribunal Members, Appointment, New Rules

New Appointments Not To Be Made From In-Service Candidates Against Bar Quota Rules Supreme Court(10.05.2019)

Supreme Court has ordered that, no new appointments to the post of District Judges shall be made from in-service candidates against quota reserved for.....

Tags : Appointment, District Judges, Interim relief

Cabinet approves Companies (Second Amendment) Bill, 2019(04.03.2020)

The Union Cabinet, chaired by the Prime Minister, has approved the Companies (Second Amendment) Bill, 2019 to amend the Companies Act, 2013. The chang.....

Tags : Bill, Amendment, Approval

Lok Sabha Passes Finance Bill, 2020 without Discussion amid Coronavirus Pandemic(27.03.2020)

Lok Sabha has passed the Finance Bill, 2020 with amendments as political parties agreed to clear the Central Government’s financial and tax proposals .....

Tags : Finance Bill, Amendment, Passing of

RBI announces special liquidity facility for mutual funds(27.04.2020)

In order to ease liquidity pressures on mutual funds (MFs), RBI decides to open a special liquidity facility for mutual funds of ₹ 50,000 crore. Due t.....

Tags : Liquidity facility, Mutual funds, Announcement

Interest on delayed GST payment will now be calculated on net tax liability(15.02.2020)

The Central Board of Indirect Taxes and Customs (CBIC) released a statement clarifying that, interest payable on delayed payment of GST will be calcul.....

Tags : Tax liability, Interest, Delayed payment

Central Government set to decriminalise minor technical and procedural defaults under Companies Act(17.05.2020)

In pursuance to objective of providing greater “Ease of Doing Business” to all stakeholders, Government decides to decriminalise the violations involv.....

Tags : Technical default, Decriminalization, Amendment

Government amends Foreign Direct Investment (FDI) policy for curbing opportunistic acquisitions of Indian companies(17.04.2020)

The Government of India has reviewed the extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COV.....

Tags : Investment, FDI policy, Amendment

Employees Provident Fund Organisation (EPFO), launches multi-location claim settlement to expedite member claims(15.06.2020)

In order to ensure uniform standards of service delivery across the country and optimum utilisation of its workforce during COVID-19 Pandemic, EPFO ha.....

Tags : Claim pendency, Settlement, Launch

RBI announces National Strategy for Financial Education 2020-2025(20.08.2020)

In order to strengthen financial inclusion in the Country, RBI announces National Strategy for Financial Education 2020-2025 (NSFE). Financial litera.....

Tags : Financial inclusion, NSFE, Announcement

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016(07.08.2020)

The Insolvency and Bankruptcy Board of India (IBBI) notifies the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate.....

Tags : Corporate Persons, Regulations, Amendment

Central Board of Direct Taxes amends the Income-tax Rules, 1962 for faster resolution of disputes in terms of tax treaties(06.05.2020)

The Central Board of Direct Taxes amends the Income-tax Rules, 1962 aiming to speed-up dispute resolution and settle cases of multinational corporatio.....

Tags : Rules, Amendment, Dispute resolution

Central Government amends Companies (Indian Accounting Standards) Amendment Rules, 2020(24.07.2020)

The Central Government, in consultation with the National Financial Reporting Authority amends the Companies (Indian Accounting Standards) Rules, 2015.....

Tags : Accounting standards, Amendment, Rules

Customs to begin faceless assessment of imports across India(04.09.2020)

In a step forward to ease of doing business module, the Customs Department will soon initiate pan-India faceless assessment for all imported goods by .....

Tags : Customs, Faceless assessment, Imports

RBI announces implementation of Positive Pay System for Cheque payments(25.09.2020)

RBI introduces Positive Pay System for Cheque Truncation. The system is to be implemented from January 1, 2021. The concept of Positive Pay involves a.....

Tags : Positive Pay System, Cheque payments, Implementation

42nd GST Council Meeting recommends eight major changes(05.10.2020)

The 42nd GST Council met on 5th October, 2020 under the Chairmanship of Union Finance & Corporate Affairs Minister. The meeting was also attended by U.....

Tags : GST Council, Meeting, Recommendations

Central Government announces income tax relief for real-estate developers and home buyers(13.11.2020)

Finance Minister announces certain income tax relief measures for real-estate developers and home buyers. This being a much needed step would infuse p.....

Tags : Tax relief, Announcement, home buyers

Central Government Announces Budget for 2018-2019(01.02.2018)

The Central Government announced general budget for the year 2018-2019. On 1st February, 2018, the Finance Minister, Shri Arun Jaitley presented the B.....

Tags : Budget, Allocation, Announcement

Disclosure of compliance under Sexual Harassment of Women at Workplace Act in Annual Reports of Private companies now made Mandatory(13.08.2018)

For ensuring safety of women at workplaces in the private sector, disclosure regarding implementation of the Sexual Harassment of Women at Workplace (.....

Tags : Sexual Harassment, Enactment, Compliance

Disclosure of compliance under Sexual Harassment of Women at Workplace Act in Annual Reports of Private companies now made Mandatory(13.08.2018)

For ensuring safety of women at workplaces in the private sector, disclosure regarding implementation of the Sexual Harassment of Women at Workplace (.....

Tags : Sexual Harassment, Enactment, Compliance

Delhi High Court Decriminalizes Begging(08.08.2018)

Delhi High Court strikes down the provision as 'unconstitutional' which made 'begging' an offence. Further, High Court observed that, criminalizing be.....

Tags : Begging, Offence, Fundamental right, Violation

Cabinet approves establishment of Appellate Tribunal for speedy disposal of Benami Transaction matters(24.10.2018)

The Union Cabinet headed by Prime Minister has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohib.....

Tags : Tribunal, Establishment, Approval

RBI decides to conduct Special Long-Term Repo Operations for Small Finance Banks(07.05.2021)

In order to provide further support to small business units, micro and small industries, and other unorganised sector entities adversely affected duri.....

Tags : SLTRO scheme, Measure, Announcement

RBI announces Monetary Policy and keeps repo rates unchanged(08.12.2021)

The Monetary Policy Committee (MPC) decides to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent on th.....

Tags : Monetary Policy, Repo rate, Announcement

CBDT amends Income-tax Rules, 1962 to ease authentication of electronic records submitted in faceless assessment proceedings(07.09.2021)

The Government has amended Income-tax Rules, 1962 ('the Rules') vide notification no. G.S.R. 616(E) dated 6th September, 2021 for easing the process o.....

Tags : Rules, Amendment, Authentication, Electronic records

Centre amends the Legal Metrology (Packaged Commodities) Rules, 2011 for enhanced protection of consumer rights(08.11.2021)

In order to protect interest of consumers, Central Government amends the Legal Metrology (Packaged Commodities) Rules, 2011 for safeguarding Consumer .....

Tags : Rules, Amendment, Consumer rights

RBI releases framework for geo-tagging of payment system touch points(25.03.2022)

RBI releases geo-tagging of payment system touch points. In recent years, the payments ecosystem in India has witnessed rapid developments with a bouq.....

Tags : Geo-tagging, Payment system, Release

RBI releases framework for facilitating small value digital payments in offline mode(03.01.2022)

RBI releases guidelines for facilitating small value digital payments in offline mode. With technology being available in a palm of your hand, the RBI.....

Tags : Framework, Digital payments, Offline mode

IBBI amends the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017(08.04.2022)

The Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulat.....

Tags : Amendment, Regulation, Liquidation Process

Cabinet empowers the Board of Directors to recommend and undertake the process for Disinvestment(18.05.2022)

The Union Cabinet, chaired by Prime Minister, has approved the proposal for empowering the Board of Directors of the Holding, Parent Public Sector Ent.....

Tags : Empowerment, Process, Disinvestment

RBI releases Guidelines on Establishment of Digital Banking Units(07.04.2022)

The Reserve Bank of India released the guidelines on “Establishment of Digital Banking Units (DBUs)”. This is in pursuance of an announcement, made in.....

Tags : Guidelines, Establishment, DBUs

Notifications & Circulars

Department of Environment suggested alternative for defunct coastal authorities(25.04.2016)

The Central Government outlined proposals to avoid confusion and subversion of laws in areas where Coastal Zone Management Authorities are not functio.....

Tags : Coastal authority, department of environment

Un-utilised FPI limits in government securities to be carried forward(29.03.2016)

The Central Government has allowed long term limits in government securities left un-utilised by FPIs to be carried onward to the subsequent tranche f.....

Tags : fpi, government security, limits, carry forward

Overseas Direct Investment – Annual Performance Report(13.04.2016)

The Reserve Bank of India has moved to combat a trend of Indians investing directly in overseas ventures failing to submit the Annual Performance Repo.....

Tags : Overseas investment, annual report, compliance

CBDT amends provisions of Income-tax Rules, 1962 for prescribing fees under Section 234H of the Income-tax Act, 1961(30.03.2022)

In order to mitigate the inconvenience to the taxpayers, as per Notification No.17/2022 dated 29th March, 2022, a window of opportunity has been provi.....

Tags : Provision, Amendment, Fees, Levy

IBBI amends Insolvency Resolution Process for Corporate Persons Regulations, 2016(15.06.2022)

Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Per.....

Tags : Corporate Persons, Regulation, Amendment

RBI issues framework for compromise settlements and technical write-offs(08.06.2023)

RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....

Tags : Settlements, Framework, Issuance

Investor Education and Protection Fund Authority and DBS Bank inks MoU to spread awareness on investment and fraudulent schemes(19.02.2024)

A Memorandum of Understanding (MoU) was signed between the Investor Education and Protection Fund Authority (IEPFA) and DBS Bank, a prominent financia.....

Tags : MOU, Investment schemes, Awareness

CBIC announces implementation of Electronic Cash Ledger for payment of Import duties from 1st March, 2024(29.02.2024)

Central Board of Indirect Taxes and Customs announces implementation of Electronic Cash Ledger (ECL). The Electronic Cash Ledger (ECL) shall be the mo.....

Tags : ECL, Implementation, Payments

Department of Consumer Affairs proposes amendment in Legal Metrology (Packaged Commodities) Rules, 2011(14.07.2024)

Keeping in view of the growing ambit of the market including both offline and online platforms, the Department of Consumer Affairs, Government of Indi.....

Tags : Packaged commodity, Amendment, Proposal

Clarification on levy of tax for services provided by government or authority(13.04.2016)

The Central Board of Excise and Customs issued a comprehensive clarification on the levy of service tax on services provided by the government or a lo.....

Tags : Service tax, government, business entity

Bio-Medical Waste Management Rules 2016(27.03.2016)

The government has heralded the Bio-Medical Waste (Management and Handling) Rules 2016 as bringing a sea change in the way bio-medical waste will be m.....

Tags : bio-medical waste, rules 2016, management, disposal

Guidelines for public issue of units of InvITs(11.05.2016)

The Securities and Exchange Board of India released guidelines for the public issue of units of infrastructure investment trusts.

As with .....

Tags : Infrastructure investment trust, public issue, guidelines

Centre releases endorsement guidelines for celebrities, influencers, and virtual influencers on social media platform(06.03.2023)

The Department of Consumer Affairs, under the Ministry of Consumer Affairs, Food and Public Distribution, has released a set of guidelines called "End.....

Tags : Endorsement, Guidelines, Issuance

Registration of Consumer Organisations (Amendment) Regulations, 2024(25.07.2024)

The Telecom Regulatory Authority of India (TRAI) has notified the Registration of Consumer Organisations (Amendment) Regulations, 2024. TRAI registers.....

Tags : Amendment Regulations, Consumer Awareness, Organisations, Authority

TRAI releases paper on Radio Audience Measurement and ratings(15.03.2016)

The Telecom Regulatory Authority of India released a consultation paper amendments to increase.....

Tags : Mutual fund, transparency, disclosure, offer documents

Branded readymade garments become more expensive(14.06.2016)

Affixing a brand name on or relabelling a readymade garment or article with a retail sale price of Rs. 1000 will amount to manufacture and render the .....

Tags : excise, readymade, garments, manufacture

Advance Discharge Voucher(12.07.2016)

The Insurance Regulatory Authority of India tightened instructions for life insurers that issue advance discharge vouchers.

It now require.....

Tags : Advance discharge, life insurance, payment

Foreign investment limits in Credit Information Companies revised(19.05.2016)

Foreign Direct Investment caps in Credit Information Companies have been raised significantly, including up to 100 per cent foreign ownership.

Tags : Credit information company, foreign investment

52nd GST Council recommends changes in GST tax rates and measures for facilitation of trade(07.10.2023)

The 52nd GST Council met under the Chairpersonship of Union Minister for Finance and Corporate Affairs. Foreign going vessels are liable to pay 5% IGS.....

Tags : GST Council, Recommendations, Measures

DGFT implements Faceless Automation for ad-hoc Input Output Norms Fixation(20.06.2024)

To modernize and streamline foreign trade procedures, the Directorate General of Foreign Trade (DGFT) has decided that ad-hoc Input Output Norms will .....

Tags : Faceless Automation, Input Output Norms, Implementation

13 communities to be added to Scheduled Tribes list(25.05.2016)

The Union Cabinet approved introduction of bills bringing amendments to the Constitution (Scheduled Tribes) Order 1950 to include several new communit.....

Tags : scheduled tribes, constitution, amendment

Discussion Paper on Margin Requirements for non-Centrally Cleared Derivatives(05.05.2016)

The Reserve Bank of India released a Paper o.....

Tags : Non-central derivative, margin requirements, proposal

Implementation of Indian Accounting Standards(23.06.2016)

RBI asked banks to submit Proforma Ind AS (Indian Accounting Standards) Financial Statements for half year ending 30 September 2016 by 30 November 201.....

Tags : ind as, banks, financial statements

CCI (Competition Assessment of Economic Legislations and Policies) Guidelines 2016(27.06.2016)

The Competition Commission of India released Judgments

Married daughters are eligible to seeking benefit of compassionate appointment(15.12.2020)

Petitioner in present petition has challenged the order denying appointment on compassionate ground on the death of her father on the score that she i.....

Tags : Married daughters, Compassionate appointment, Entitlement

Cabinet approves National Apprenticeship Promotion Scheme(05.07.2016)

The Union Cabinet approved implementation of the National Apprenticeship Promotion Scheme, by the Ministry of Skill Development and Entrepreneurship.<.....

Tags : apprenticeship, skill development, stipend

Companies (Share Capital and Debentures) Third Amendment Rules, 2016(19.07.2016)

The government introduced the Companies (Share Capital and Debentures) Third Amendment Rules 2016, amending the extant 2014 rules.

Among th.....

Tags : company, share capital, rules, amendment, 2016

SEBI guidelines on utilisation of Investor Protection Fund(07.06.2016)

SEBI issued guidelines on utilisation and investment aspects of the Investor Protection Fund.

It notified use of the Fund for investor educ.....

Tags : investor protection fund, depositories, trust, investment

Enhancement of Pension for Freedom Fighters under the Swatantrata Sainik Samman Pension Scheme(18.08.2016)

The existing pension scheme for Central freedom fighter pensioners and their eligible dependents has been restructured. The revised scale shall take e.....

Tags : Freedom fighters, Pension, Enhancement

RBI publishes Working Group Report on Corporate Bond Market in India Reserve Bank of India today placed on its website the report of the Working Group(18.08.2016)

The Reserve Bank of India placed on its website thereport of the Working Group on Development of Corporate Bond Market in India. The Group has made re.....

Tags : Corporate Bond Market, Development, Report

Extension of time for receiving comments on Consultation Paper on "Complaints/Grievance Redressal in Telecom Sector"(17.08.2016)

The Telecom Regulatory Authority of India (TRAI) issued a Consultation Paper on "Complaints/Grievance Redressal in Telecom Sector" on 28th July, 2016 .....

Tags : Consultation papers, Comments, Time Extension

Multi System Operators to provide signals of TV channels to LCOs only with written interconnection agreement(17.08.2016)

The Telecom Regulatory Authority of India (TRAI) issued a cautionary to all multi system operators to provide signals of TV channels to LCOs only with.....

Tags : TV channels, Signals, Written interconnection agreement

Cabinet approves Bilateral Investment Treaty between India and Cambodia to boost investment(27.07.2016)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved Bilateral Investment Treaty (BIT) between India and Cambodia. The Tre.....

Tags : Investment, Bilateral treaty, Approval

New application process to fast track the allotment of PAN and TAN(22.07.2016)

For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate(DSC) based application procedure has been introduc.....

Tags : Fast track, Allotment, PAN, TAN, Application process

Instructions regarding provisional attachment of property under Section 73C of the Finance Act, 1994(27.07.2016)

Recently, in a case of an assessee whose bank accounts were ordered to be attached without giving any opportunity to them, the Hon'ble Allahabad High .....

Tags : Attachment, Property, Instructions

CBEC amendment to 'Tariff values Crude and RBD Palm Oil/Palmolein'(14.08.2015)

The CBEC substituted Tables 1, 2 and 3 in Notification No. 36/2001, dated 3 August, 2001, with amended Tables.

Tags : customs, amendment, tariff, palm oil

Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2015.(14.08.2015)

SEBI made amendments to the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012. The amendment inserted Sub-regula.....

Tags : sebi, amendment, alternative investment, regulations

First training program on Government e-Marketplace (GeM) for Government users(22.08.2016)

The one-day hands on training program for procurement officers of Central Government Ministries/Departments was inaugurated by Sh. Ashok Lavasa, Finan.....

Tags : Training programme, e-Marketplace, Government users

Securities and Exchange Board of India (Delisting of Equity Shares) (Second Amendment) Regulations, 2015(14.08.2015)

SEBI made amendments to the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009. The amendment inserted a proviso to.....

Tags : sebi, amendment, delist, equity

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2015.(14.08.2015)

SEBI made regulations to amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009. The amendm.....

Tags : sebi, amendment, issue of capital, disclosure

Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2015(14.08.2015)

SEBI made amendments to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, inserting a proviso in Regulation 1(3).

Tags : sebi, amendment, acquisition of shares

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fifth Amendment) Regulations, 2015(14.08.2015)

SEBI made regulations to amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009. These are .....

Tags : sebi, amendment, issue of capital, disclosure

RBI Announces OMO Purchase of Government of India Dated Securities(06.09.2016)

Based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank has decided to conduct purchase of Government securi.....

Tags : Government securities, Purchase, Open Market Operations

Additional Risk Management Norms for National Commodity Derivatives Exchanges(01.09.2016)

With an objective of streamlining and strengthening risk management framework across national commodity derivatives exchanges SEBI vide circular CIR/C.....

Tags : Risk management, Norms, Commodity Derivatives

Genetic Engineering Appraisal Committee (GEAC) invites comments for the proposal on authorisation of Environmental release of Genetically Engineered Mustard(06.09.2016)

The Ministry of Environment, Forest and Climate Change has invited comments (written submissions) for the proposal on authorisation of environmental r.....

Tags : Genetically Engineered Mustard, Proposal, Comments

Single Window Project - Implementation of Risk based selectivity criteria for clearance of consignments related to Participating Government Agencies(31.08.2016)

Under the Single Window, upon filing of the Integrated Declaration, the Bill of Entry is automatically referred to concerned agency(ies) for a No Obje.....

Tags : Selectivity criteria, Implementation, Consignments, Clearance

CBDT signs 20 Unilateral Advance Pricing Agreements with Indian taxpayers(30.08.2016)

The Central Board of Direct Taxes (CBDT) entered into twenty (20) Unilateral Advance Pricing Agreements (APAs). The Eurozone is facing a mounting cris.....

Tags : Unilateral, Advance Pricing Agreements, Sighing of

Imposition of anti-dumping duty on 'Diketopyrrolo Pyrrole Pigment Red 254'(17.08.2015)

The Central government imposed anti-dumping duty on 'Diketopyrrolo Pyrrole Pigment Red 254' originating in or imported from China and Switzerland.

Tags : Anti-dumping, pigment, paint

Cabinet approves introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of India(10.08.2016)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of Pension and Post-Retirement Medical Sche.....

Tags : Pension and Post-Retirement Medical Schemes, Approval

Amendments to the Maternity Benefit Act, 1961.(10.08.2016)

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has given its ex-post facto approval for amendments to Maternity Benefit Act, 1961 by.....

Tags : Amendment, Maternity benefits

Cabinet approves initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP)(12.09.2016)

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal for initiation of the Third Pha.....

Tags : Technical Education, Quality Improvement, Approval

Cabinet approves enhancing the buffer stock of pulses up to 20 lakh tones(12.09.2016)

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal of Department of Consumer Affai.....

Tags : Pulses, Buffer stock, Enhancement

Amendments in Hand Book of Procedures 2015-20(31.08.2016)

In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Fore.....

Tags : Hand Book, Procedure, Amendment

Extension of time for receiving comments on Consultation Paper on 'Review of regulatory framework for the use of USSD for mobile financial services'(29.08.2016)

Telecom Regulatory Authority of India (TRAI) issued a Consultation Paper on 'Review of regulatory framework for the use of USSD for mobile financial s.....

Tags : Comments, Receipt, Time, Extension

Amendment in Sl. No. 57, Chapter 10 of Schedule 2 of ITC (HS) regarding conditions for export of Basmati Rice(01.08.2016)

Central makes amendment in Chapter 10 of Schedule 2 of ITC (HS) Classification of Export and Import Items, in exercise of the powers conferred by Sect.....

Tags : Basmati rice, Exports, Conditions, Amendment

Joint Venture Agreement signed between Ministry of Railways and Government of Chhattisgarh for "Formation of Joint Venture Companies"(04.08.2016)

A Joint Venture Agreement was signed between Ministry of Railways and State Government of Chhattisgarh for "Formation of Joint Venture Company" in the.....

Tags : Joint Venture Agreement, Projects, Railways

Services provided to the Government, a local authority or a governmental authority with regard to water supply(22.08.2016)

It has been reported to the Board that in some cases contractors providing service of construction of tube wells for Government have been considered t.....

Tags : Contractors, Construction service, Government, Exemptions

Cabinet approves Bilateral Technical Arrangement between India and Switzerland on the identification and return of Swiss and Indian Nationals(12.09.2016)

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of the Technical Arrangement between .....

Tags : Bilateral, Technical Arrangement, Approval

RBI Master Direction Risk Management and Inter-Bank Dealings(05.07.2016)

The Reserve Bank of India introduced Master Directions effecting change in the way banks manage risk for national and international borrowers.

.....

Tags : rbi, loan facilities, foreign exchange, risk management

Private Placement of Special Securities under UDAY scheme(19.09.2016)

The Punjab Government proposes to issue Special Securities of a notified amount of 559.12 cr, under the Ujjwal Discom Assurance Yojna Scheme (UDAY). I.....

Tags : Special Securities, Private Placement

Date for seeking comments from stakeholders and public on the Draft Financial Resolution and Deposit Insurance (FRDI) Bill extended till 31st October, 2016(20.10.2016)

The Government of India had invited stakeholder/public comments on the Draft Financial Resolution and Deposit Insurance(FRDI) Bill, 2016 from 28.9.201.....

Tags : Financial Resolution, Deposit Insurance, Comments, Invitation

Once Research and Development facility is approved by prescribed authority, expenses incurred has to be allowed under Section 35(2AB) of IT Act(01.01.2021)

The assessee is a private limited company and engaged in the business of herbal veterinary medicines and export of herbal extracts. For the assessment.....

Tags : Assessment, Deduction, Grant

Notice under Section 148 of IT Act cannot be issued merely on basis of suspicion(23.12.2020)

Assessee, an individual, was engaged in agricultural activity during the relevant year. In the case of the assessee, an information was received throu.....

Tags : Assessment, Reopening, Validity

SEBI introduces online system for Investment Advisers and Research Analysts(20.10.2016)

SEBI has introduced an online system for Investment Advisers and Research Analysts to promote ease of operations in terms of e-registration, complianc.....

Tags : Online system, Introduction, Investment Advisers

Authority for Advance Rulings (Procedure for Appointment as Chairman and Vice-Chairman) (Amendment) Rules, 2016(24.10.2016)

In exercise of powers conferred by Section 245-O, read with sub-section (1) and clause (p) of sub-section 2 of Section 295 of the Income-tax Act, 1961.....

Tags : Advance Ruling, Rules, Amendment

RBI proposes to permit linking of PPIs through third-party UPI applications(05.04.2024)

In order to provide more flexibility to PPI holders, it is now proposed to permit linking of PPIs through third-party UPI applications. This will enab.....

Tags : Digital payments, Linking, PPIs

NHAI Takes ‘One Vehicle One FASTag’ Initiative to Enhance National Highway Experience(15.01.2024)

To enhance efficiency of the Electronic Toll Collection system and provide seamless movement at the Toll Plazas, NHAI has taken ‘One Vehicle, One FAST.....

Tags : FASTags, Initiative, Seamless movement

Share Application Money as transferred by the assessee is ‘Capital Asset’ for the purpose of Income Tax Act, 1961(15.12.2020)

In facts of present case, as a part of corporate restructuring undertaken by the assessee group, it was decided that, shares of certain group entities.....

Tags : Assessment, Share money, Capital Assets

Non-payment of service tax by way of advancement of Yoga provided by entities registered under section 12AA of Income-tax Act, 1961(26.09.2016)

Whereas, the Central Government is satisfied that in the period commencing on and from the first day of July, 2012 and ending with the 20th day of Oct.....

Tags : Yoga, Advancement, Levy, Non-payment

Commerce and Industry Minister visits Sri Lanka to enhance bilateral trade and investment relations(27.09.2016)

The Commerce and Industry Minister, Smt. Nirmala Sitharaman visited Sri Lanka on September 26-27, 2016 with the objective of enhancing and deepening b.....

Tags : Trade, Investment, Bilateral, Enhancement

Dispute arising under the lease being governed under Transfer of Property Act are arbitrable(18.12.2020)

The Petitioner has instituted present petition under Section 11(5) of the Arbitration and Conciliation Act, 1996 seeking appointment of a Sole Arbitra.....

Tags : Arbitration Clause, Appointment, Arbitrator

Non-explanation for delay in intimating the fact of disposal to detenu renders further detention invalid(21.12.2020)

The Petitioner - detenu takes an exception to the order of detention passed by the Respondent No. 1 - the Commissioner of Police, detaining him for th.....

Tags : Detention, Release, Entitlement

Burden is on the person who seeks an amendment after commencement of the trial to show that, inspite of due diligence, the amendment could not have been sought earlier(21.12.2020)

In present case, the suit is instituted for granting a decree of declaration that, the Plaintiff has got absolute title, ownership and possession over.....

Tags : Plaint, Amendment, Legality

Pay IT dues in advance at RBI or at authorised bank branches - December 2016(02.11.2016)

The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also sta.....

Tags : Payment, IT dues, Advance

Rebate of State Levies on Export of Garments - Implementation by CBEC reg(20.10.2016)

Kind attention is invited to Circular No. 43/2016-Customs dated 31.8.2016 on the above cited subject. The field formations are informed for necessary .....

Tags : Garment, Export, Rebate

Workshop On "Forest Rights Act, 2006 - its Implementation, Benefits to Tribal and other Traditional Forest Dwelling Communities(27.10.2016)

A Workshop on "Forest Rights Act, 2006 - its Implementation, benefits to tribal and other traditional forest dwelling communities and its challenges" .....

Tags : Workshop, Forest rights, Implementation

A little more compassion for married daughters(30.11.2015)

It may not quite be the “but-for-sex”, but Chhattisgarh High Court’s ruling took a step in quelling another probably archaic, certainly egregious gove.....

Tags : compassionate appointment, married daughter, Chhattisgarh

To avail benefit under Section 54 of IT Act, unutilized portion of capital gains has to be deposited by assessee in capital gain account scheme before due date of filing of return of income(23.12.2020)

Present appeal filed by the assessee is directed against order of the learned Commissioner of Income Tax (Appeals) [CIT(A)]. The assessee argued that,.....

Tags : Assessment, Exemption, Entitlement

Deferred Payment of Import Duty Rules, 2016(02.11.2016)

In exercise of the powers conferred by the proviso to sub-section (1) of sections 47 and section 156 of the Customs Act, 1962 (52 of 1962), the Centra.....

Tags : Duty, Rules, Deferred payments

Legislation seems to be the hardest word()

With the impending conclusion of the Monsoon Session of the Parliament of India, the inconvenient question of how it bettered the nation for economic .....

Tags : Parliament, session, bills

Pakistan’s Hindu Marriage Act returns(28.03.2016)

Pakistani National Assembly’s Law and Justice Standing Committee recently approved the (29.11.2016)

Reference is drawn to the Circular Ref: IRDA/ACTL/CIR/ULIP/236/11/2016 dated 25th November, 2016 on "Extension of grace period for payment of renewal .....

Tags : Renewal premium, Payment, Extension, Time period

Amending of PNDT Act(29.11.2016)

The PC & PNDT Act, 1994 was enacted for prohibition of sex selection before or after conception and for prevention of misuse of pre-conception and pre.....

Tags : Sex determination, Enactment, Amendment

Cabinet approves the new Agreement on Trade, Commerce and Transit between India and Bhutan(27.10.2016)

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has approved an Agreement on Trade, Commerce and Transit between India and Bhuta.....

Tags : Agreement, Trade, Billateral

Circular on Enhanced Standards for Credit Rating Agencies (CRAs)(01.11.2016)

With a view to strengthen the functioning of CRAs and to harmonise the best practices in the industry, SEBI constituted a committee on "Strengthening .....

Tags : Standard, Enhancement, Credit rating

India-USA Bilateral Competent Authority MAP/APA Meeting(17.11.2016)

The Bilateral Competent Authority Mutual Agreement Procedure (MAP) / Advance Pricing Agreement (APA) meeting between India and USA was held in Washing.....

Tags : Meeting, Bilateral, Agreement

Central Government amends Pradhan Mantri Garib Kalyan Deposit Scheme through a Notification(19.04.2017)

In exercise of the powers conferred by clause (c) of Section 199B of the Finance Act, 2016 (28 of 2016), the Central Government has amended through a .....

Tags : Notification, Scheme, Amendment

Cabinet approves signing of the Protocol amending the Convention between India and Portugal for avoidance of Double Taxation(19.04.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing of a Protocol amending the Convention between In.....

Tags : Convention, Amendment, Approval

Disclosure in "Notes to Accounts" to the Financial Statements- Divergence in the asset classification and provisioning(18.04.2017)

1. Please refer to paragraph 22 of the Fourth Bi-monthly Monetary Policy Statement, 2015-16 announced on September 29, 2015 on the captioned subject. .....

Tags : Statements, Disclosure, Asset classification

Enforcement Date of Regional Centre for Biotechnology Act, 2016(28.02.2017)

In exercise of the powers conferred by sub-section (2) of section 1 of the Regional Centre for Biotechnology Act, 2016 (36 of 2016), the Central Gover.....

Tags : Enactment, Date, Enforcement

Acceptance of Central Government Securities by Clearing Corporations towards Core Settlement Guarantee Fund (SGF) Contribution by Clearing Members(26.04.2017)

1) SEBI vide circular no. CIR/MRD/DRMNP/25/2014 dated August 27, 2014, specified the guidelines for Core Settlement Guarantee Fund, Default Waterfall .....

Tags : Securities, Acceptance, Core Settlement

Standard of proof in Motor Accident Claim Cases is one of preponderance of probabilities rather than beyond reasonable doubt(08.12.2020)

Present appeals are directed against the judgment passed by the High Court whereby the first appeal preferred by the New India Assurance Co. Ltd. (Res.....

Tags : Accident, Compensation, Entitlement

A nominee is only a Trustee holding the amount on behalf of the actual beneficiaries and does not have any vested right or interest in the same(09.12.2020)

In facts of present case, during the life time of the deceased Ramakrishnan, he had taken two insurance policies with the first Respondent. He had bee.....

Tags : Insurance amount, Payment, Direction

The revised return of income filed within the prescribed time limit replaces the original return of income(08.12.2020)

The assessee has filed present appeal challenging the order passed by learned Commissioner Of Income Tax (CIT(A)). The assessee is challenging the dis.....

Tags : Assessment, Disallowance, Legality

Belated challenge cannot be entertained by present Court with regard to applicability of Notification(07.10.2020)

The Petitioners in the present case are studying in their fifth semester of the LLB course, in the Faculty of Law, University of Delhi ('DU'). They ha.....

Tags : Supplementary examinations, Notification, Applicability

Revision proceedings shall lie if the assessment order is erroneous and prejudicial to the interests of revenue(09.10.2020)

The assessee has filed present appeal challenging the revision order passed by Learned Principal Commissioner of Income Tax, New Delhi under Section 2.....

Tags : Assessment, Revision proceedings, Legality

Actually, I’m an actuary(25.07.2016)

Maybe a comparison with weather forecasters is unfair to actuaries. After all, meteorologists have algorithms, supercomputers to further their voodoo .....

Tags : actuary, insurance, risk assessment, financial disclosure

Petition for police protection under Section 482 of CrPC is not maintainable(11.01.2021)

The Petitioner Company was running a Factory at Ranipet and it had employed nearly 146 persons to carry on with its operations. Certain demands were r.....

Tags : Pending dispute, Police protection, Entitlement

Remittance made by the assessee abroad towards commission expenses is not chargeable to tax in India(11.01.2021)

In instant case, the Assessing Officer (AO) disallowed claim towards commission expenses on export sales to the extent of Rs. 78,90,570 in the course .....

Tags : Assessment, Tax, Levy

Consumer fora has no jurisdiction to accept the written statement beyond the period of 45 days(11.02.2021)

The Petitioners have preferred the present special leave petition against the impugned order passed by the National Consumer Disputes Redressal Commis.....

Tags : Written statement, Delay, Condonation

Maintenance is to be awarded from the date on which the application is made before the concerned Court(25.01.2021)

Inherent power under section 482 of the Code of Criminal Procedure, 1973 (CrPC) is invoked to challenge the judgment rendered by the Additional Sessio.....

Tags : Monetary relief, Entitlement, Date

Statement recorded at the back of assessee cannot be used in evidence against the assessee, unless the right of cross-examination have been granted(17.02.2021)

Present appeal by Assessee has been directed against the Order of the Learned Commissioner of Income Tax (Appeal) [CIT(A)], New Delhi, for the Assessm.....

Tags : Additions, Cross-examination, Entitlement

Acceptance of the offer must be absolute and unqualified and cannot be conditional(05.01.2021)

Present appeal is against a common Judgment and Order passed by the High Court confirming a Judgment and Order of the Additional Senior Civil Judge, a.....

Tags : Refund, Earnest Deposits, Entitlement

Court can reduce quantum of sentence on basis of amicable settlement(05.01.2021)

Present appeals have been preferred against the judgment of the High Court which upheld Appellant’s conviction under Sections 324 and 341 of the India.....

Tags : Amicable settlement, Quantum, Sentence

Parties may waive the applicability of Section 12(5) of A&C Act by way of an express agreement in writing after the disputes have arisen(28.01.2021)

The Petitioner has filed the present petition under Sections 14 and 15 of the Arbitration and Conciliation Act, 1996 ('A&C Act'), seeking that the man.....

Tags : Arbitrator, Appointment, Eligibility

Plaintiff, being the dominus litis, has a right to choose the person against whom he wish to litigate and cannot be compelled to implead a stranger as party to the suit(25.01.2021)

Present writ petition has been filed for issue of a writ, order or direction in the nature of certiorari quashing the impugned order passed by the Add.....

Tags : Proper party, Impleadment, Validity

Multiple matrimonial/penal proceedings launched by daughter-in- law against Assessee's entire family is a sufficient reason beyond assessee’s control and sufficient to condone the delay(29.01.2021)

Appellant by filing the present appeal sought to set aside the impugned order passed by the Commissioner of Income-tax (Appeals), Delhi qua the assess.....

Tags : Assessment, Additions, Delay, Condonation

In case the employee is confirmed in service, holding Departmental enquiry is necessary before passing of termination order(03.03.2021)

Present writ petition has been filed challenging the termination order and the order in appeal passed by the Respondent Nos.1 and 3 respectively. Peti.....

Tags : Departmental inquiry, Termination, Validity

Discharge under Section 239 of the CrPC can be ordered, when the Magistrate considers the charge against the accused to be groundless(01.03.2021)

The case is instituted upon the complaint filed by the first Respondent ('the complainant'). The offences alleged against the accused in the case are .....

Tags : Evidence, Discharge, Entitlement

Interest income earned on deposits in the Bank is also in the nature of business income eligible for deduction under Section 80P(2) of IT Act(06.01.2021)

The assessee is a Co-Operative Credit Society and carries on its activities of in providing loans to its members and earns interest income and also ac.....

Tags : Assessment, Deduction, Eligibility

Limitation Period for filing application seeking appointment of arbitrator is governed by Article 137 of Limitation Act, 1963(10.03.2021)

The present appeal is against impugned orders allowing Application for appointment of Arbitrator. Appeals raise two important issues for consideration.....

Tags : Arbitrator, Appointment, Time-barred

An officer, who has passed original order of assessment, could only undertake re-assessment under Section 28 (4) of Customs Act(09.03.2021)

Present batch of statutory appeals under Section 130E of the Customs Act, 1962 arises from a common final order of the Central Excise and Service Tax .....

Tags : superior authority, Assessment, Validity

Promotion of candidate takes effect from date of minimum period of eligibility(08.03.2021)

The prayer of the Petitioners in present petitions is that, they should be promoted to the post of Professor from the post of Associate Professor with.....

Tags : Promotion, Entitlement, Eligibility

Defamatory complaints by highly educated spouse irreparably damaging reputation and career of partner amounts to mental cruelty entitling divorce decree(26.02.2021)

The challenge in present appeals is to the judgment and order in the First Appeal whereby the High Court had allowed both appeals by reversing the com.....

Tags : Marriage, Dissolution, Entitlement

Right to refuse the lowest or any other tender is always available to the Government until the confirmation letter is issued(22.02.2021)

In present petition, the Petitioner prayed for issuance of writ of mandamus commanding the Respondents to finalize the auction of Shop with respect to.....

Tags : Auction, Allotment, Shop

Once assessee has raised a legal issue challenging validity of notice under Section 148 of IT Act irrespective of non-appearance of assessee, Commissioner of Income Tax has to adjudicate legal issues(17.03.2021)

The Assessing Officer while passing the order under Section 147 read with Section 143 (3) of Income Tax Act, 1961 (IT Act) has made an addition of Rs......

Tags : Assessment, Additions, Exparte order

Export of goods does not attract duty as the export goods can be cleared either under bond or under claim for rebate(23.02.2021)

The brief facts of the case are that, the Appellant had imported certain capital goods under duty free EPCG scheme in the year 2011. The said capital .....

Tags : Cenvat credit, Rebate, Entitlement

Rs. 20 lakh compensation for kin of Beas river deceased(02.01.2016)

The Himachal Pradesh High Court increased severally the interim compensation awarded to parents of students who drowned in Beas river in 2014. The inc.....

Tags : beas tragedy, 2014, compensation, assessment

National Food Security Act, 2013 (NFSA) implemented throughout India(04.11.2016)

The National Food Security Act, 2013 (NFSA) is finally implemented throughout all the territories of India including all States and Union Territories......

Tags : Act, Food security, Implementation

Huge delay cannot be condoned under Section 61 of the I and B Code(22.02.2021)

In facts of present case, impugned order has been passed by the Adjudicating Authority (National Company Law Tribunal) dismissing Appellant's applicat.....

Tags : Delay, Condonation, Entitlement

No SSNL-ing out of this security(15.01.2016)

The Sardar Sarovar Narmada Nigam Limited (Conferment of Power to Redeem Bonds) Act, 2008 being held invalid may bring rejoicing to those left feeling .....

Tags : Ssnl, premature payment, bond

Lok Sabha Passes the Taxation Laws (Second Amendment) Bill, 2016(28.11.2016)

After the demonetization drive of discontinuing old 500 and 1000 rupees note, the central government has introduced the Taxation Laws (Second Amendm.....

Tags : Bill, Taxation laws, Amendment

Uncaging growth and development around Okhla Bird Sanctuary(19.08.2015)

In an aptly named Notification, 'Central Government hereby notifies an area up to one hundred meter from the eastern, western and southern boundary an.....

Tags : environment, okhla, sanctuary, bird, homes

India and Britain signed three Bilateral Advance Pricing Agreements(18.11.2016)

India and Britain signed three more bilateral Advance Pricing Agreements (in short ‘APAs’) to reduce litigation between both countries arising out of.....

Tags : Agreement, Bilateral, Advance Pricing

Benefit of probation under Probation of Offenders Act, 1958 is not excluded by the provisions of the mandatory minimum sentence prescribed for offences under IPC(19.01.2021)

The Appellants were youngsters aged 20 and 19 years, when they fell foul of the law. In pursuance to the reporting of the crime by complainant, an FIR.....

Tags : Probation, Benefit, Entitlement

Central Board of Direct Taxes (CBDT) invites comments from stakeholders on Draft Income Computation and Disclosure Standards on Real Estate Transactions by 26th May, 2017(11.05.2017)

The Committee constituted by the Finance Minister to suggest the areas in respect of which further Income Computation and Disclosure Standards (ICDS) .....

Tags : Comments, Invitation, Income Computation

Union Cabinet finally clears Bill prohibiting discrimination against persons with HIV/AIDS(05.10.2016)

The Union Cabinet has cleared the latest amendments in HIV and AIDS (Prevention and Control) Bill, 2014. The object of the bill is to protect and saf.....

Tags : HIV/AIDS, Bill, Amendment, Approval

Amendments in Notification No. 129/2013-Customs (N.T.) dated 11.12.2013(11.05.2017)

In exercise of powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of Customs Act, 1962 (52 of 1962), the Central Board .....

Tags : Notification, Amendment, Words, Substitution

Further amendment in notification No. 22/2012-Customs (ADD), dated the 02nd May, 2012(09.05.2017)

Whereas, the designated authority vide notification No. 07/01/2017-DGAD, dated the 28th April, 2017, published in the Gazette of India, Extraordinary,.....

Tags : Notification, Amendment, Addition

UK SUPREME COURT RULED THAT ACT OF PARLIAMENT IS REQUIRED FOR BREXIT(24.01.2017)

In a landmark Judgment pronounced by the Supreme Court of United Kingdom, the Highest Court has held that the prerogative could not be invoked by mini.....

Tags : Brexit, Enactment, Requirement

Ministry of Skill Development invites comments/ suggestions of the public on the Sharada Prasad Committee constituted to Review, Rationalize and Optimize the Functioning of Sector Skill Councils(02.05.2017)

The Ministry of Skill Development has invited comments/ suggestions of the public on the Sharada Prasad Committee constituted to Review, Rationalize a.....

Tags : Sector Skill Councils, Functioning, Comments, Invitation

Expenditure incurred towards membership fee paid by company is allowable as revenue expenditure(19.01.2021)

Present appeal filed by the assessee is directed against the order passed by the Learned Commissioner of Income Tax [CIT(A)]. The only effective groun.....

Tags : Assessment, Additions, Legality

UK SUPREME COURT RULED THAT ACT OF PARLIAMENT IS REQUIRED FOR BREXIT(24.01.2017)

In a landmark Judgment pronounced by the Supreme Court of United Kingdom, the Highest Court has held that the prerogative could not be invoked by mini.....

Tags : Brexit, Enactment, Requirement

If the disciplinary authority accepts the findings recorded by the Enquiry Officer and passes an order, no detailed reasons are required to be recorded in the order imposing punishment(08.02.2021)

Issue in present case is relating to confirmation of the order of compulsory retirement in disciplinary proceedings initiated against the Appellant. L.....

Tags : Disciplinary proceedings, Punishment, Legality

Parliament Passes the Muslim Women (Protection of Rights on Marriage) Bill, 2019(30.07.2019)

Parliament passed the Muslim Women (Protection of Rights on Marriage) Bill, 2019, to ban practice of Triple Talaq. The bill is a historic step to prot.....

Tags : Triple Talaq, Practice, Muslim Women, Protection

Government enhances pension for family of employees in case of death; amends Central Civil Services (Pension) Rules, 1972(23.09.2019)

The Central Government has issued a Notification dated 19th September, 2019 bringing an amendment in Rule 54 of the Central Civil Services (Pension) R.....

Tags : Pension, Rule, Amendment

Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2017(25.04.2017)

In exercise of the powers conferred by section 3 of the Essential Commodities Act, 1955 (10 of 1955), the Central Government hereby makes the followin.....

Tags : Licensing Requirements, Amendments

Online Statement Of Transaction (e-SOT) and the e-PRAN card launched for Atal Pension Yojana (APY) subscribers(25.04.2017)

With a view to digitally empower the Atal Pension Yojana (APY) subscribers and improve the quality of service, the facility of online viewing of the s.....

Tags : Pension Yojana, Online Statement, Transaction, Launch

Customs and Central Excise Settlement Commission (Amendment) Procedure, 2017(09.05.2017)

In exercise of the powers conferred by sub-section (4) of Section 32-I of the Central Excise Act, 1944 (1 of 1944) and sub-section (4) of section 127 .....

Tags : Settlement Commission, Amendment, Procedure

Clarification on Recently Notified Maternity Benefit (Amendment) Act, 2017(08.05.2017)

The Government has notified the Maternity Benefit (Amendment) Act, 2017 on 28th March, 2017 and the provisions of the Amendment Act have come into for.....

Tags : Maternity Benefit, Amendment, Clarification

Invocation of a bank guarantee cannot be injuncted merely on ground that disputes are pending between the parties(08.02.2021)

The Petitioner has filed the present petition under Section 9 of the Arbitration and Conciliation Act, 1996 ( A&C Act), praying that direction be issu.....

Tags : Bank guarantee, Encashment, Injunction

Income Tax Department launched Faceless e-Assessment Scheme for income tax payers(07.10.2019)

In order to impart greater efficiency, transparency and accountability in the assessment process, I.T. Department launched Faceless e-Assessment Schem.....

Tags : E-Assessment, Centre, Launch

CBIC and Customs launches scheme to attract investment(15.10.2019)

Central Board of Indirect Taxes and Customs has launched a revamped programme to attract investments into India and strengthen Make in India initiativ.....

Tags : Investment, Scheme, Launch

CBIC and Customs launches scheme to attract investment(15.10.2019)

Central Board of Indirect Taxes and Customs has launched a revamped programme to attract investments into India and strengthen Make in India initiativ.....

Tags : Investment, Scheme, Launch

Cabinet Approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019(11.12.2019)

The Union Cabinet chaired by the Prime Minister approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through t.....

Tags : IBC, Second Amendment, Approval

Monitoring of export obligation fulfillment under EPCG and Advance Authorization Schemes reg(02.05.2017)

I am directed to invite your attention to para 2(d) of Circular No. 5/2010-Cus dated 16.03.2010 directing initiation of action to safeguard revenue in.....

Tags : Export obligation, Fulfilment

If an assessee invests full consideration from sale of original asset for purchasing or constructing another residential house, then assessee is entitled for 100% exemption from capital gain tax(18.01.2021)

Present appeal filed by the Revenue is directed against order of the learned Commissioner of Income Tax (Appeals). The learned CIT(A) held that, asses.....

Tags : Assessment, Exemption, Legality

Any delay beyond the extended period of thirty days after expiry of normal period of sixty days, cannot be condoned(01.04.2021)

Present appeal is directed against the order passed by the Commissioner of Customs (Appeals), by which the appeal filed to assail the order passed by .....

Tags : Delay, Condonation, Entitlement

Disclosure Requirements for Issuance and Listing of Green Debt Securities(30.05.2017)

Disclosure Requirements for Issuance and Listing of Green Debt Securities

1. SEBI (Issue and Listing of Debt Securities) Regulations.....

Tags : Securities, Green debt, Requirement

CSCs To Function As GST Suvidha Providers(29.05.2017)

A workshop on "CSCs as GST Suvidha Provider" to train the top performing VLEs and the State level representatives of CSC SPV for enabling implementati.....

Tags : GST scheme, Implementation, Function, Workshop

Second Bi-monthly Monetary Policy Statement, 2017-2018(07.06.2017)

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to.....

Tags : Bi-monthly, Monetary Policy, Statement

India Signs Loan Agreement with the World Bank for USD 39.2 Million for the project "Assam Citizen Centric Service Delivery"(05.06.2017)

An agreement for IBRD Credit of USD 39.2 Million from World Bank for the project "Assam Citizen Centric Service Delivery" was signed here today. Loan .....

Tags : Agreement, Loan, Project

Cabinet gives 'in principle' approval for disinvestment of Air India and five of its subsidiaries(28.06.2017)

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations .....

Tags : Disinvestment, Air India, Approval

If Refund is delayed by three months after filling Application for Refund, claimant becomes eligible to get interest(01.04.2021)

The Appellant has filed present Appeal against the impugned order-in-appeal passed by the Commissioner (Appeals), CGST and Central Excise, wherein SAD.....

Tags : Refund, Interest, Entitlement

IBBI amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016(07.01.2020)

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulation.....

Tags : Liquidation Process, Regulation, Amendment

Payment of extortion money does not amount to terror funding(09.04.2021)

The Appellant is accused of committing offences under Sections 120B/414/384/386/387 of the Indian Penal Code,1860 (IPC) read with Sections 17/18/21 of.....

Tags : Charge-sheet, Bail, Entitlement

Compassionate employment cannot be granted after a lapse of reasonable period(09.04.2021)

The Respondent requested the Appellants to appoint her son in the place of his father who was missing since 2002 which was rejected. Aggrieved thereby.....

Tags : Compassionate appointment, Entitlement, time period

When disputed questions of facts are involved which need to be adjudicated after parties adduce evidence, complaint under Section 138 of NI Act ought not to be quashed(06.04.2021)

The complainant filed a complaint under Sections 138/141/142 of Negotiable Instruments Act, 1881 (NI Act) before the learned trial Court for remedies .....

Tags : Complaint, Quashing of, Entitlement

Postponement of provision relating to TDS (Section 51) and TCS (Section 52) of the CGST / SGST Act 2017(26.06.2017)

With the objective of ensuring smooth rollout of GST and taking into account the feedback received from the trade and industry regarding the provision.....

Tags : Postponement, Provision, TDS

Council of Scientific and Industrial Research (CSIR) signs Agreement with the Metal Industries Development Institute (MIDI), Ethiopia(12.06.2017)

Keeping in line with Prime Minister Modi's stress on stronger and long-term cooperation between African countries and India for mutual benefits in the.....

Tags : Agreement, Signing of, CSIR

Participation of Category III Alternative Investment Funds (AIFs) in the commodity derivatives market(21.06.2017)

1. At present, institutional participants are not allowed to participate in the commodity derivatives market in India. Consequently the commodity deri.....

Tags : Investment Funds, Participation, Derivative market

Reserve Bank of India Outlines action plan to implement the Banking Regulation (Amendment) Ordinance, 2017(22.05.2017)

In a Release today, the Reserve Bank of India outlined the steps taken and those on the anvil post the promulgation of the Banking Regulation (Amendme.....

Tags : Amendment, Action plan, Implementation

Pricing in case of Put or Call options in JV Agreements(05.07.2017)

The Reserve Bank of India had, vide amendment Notification No. FEMA 294/2013-RB dated 12th November, 2013, permitted the optionality clause (put and c.....

Tags : JV Agreements, Options, Pricing

Insolvency and Bankruptcy Board of India invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016(06.07.2017)

The Insolvency and Bankruptcy Code, 2016 (Code) is a modern economic legislation. Section 240 of the Code empowers the Insolvency and Bankruptcy Board.....

Tags : Regulations, Comments, Invitation

Ministry of Food Processing Industry establishes GST facilitation cell to guide industry about GST regime(06.07.2017)

The Ministry of Food Processing Industries has established a four member GST Facilitation Cell at its office to guide the industry about the new tax r.....

Tags : GST facilitation, cell, Establishment

Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 amended to boost trade facilitation(18.05.2021)

The Finance Minister had in her Budget Speech announced that, the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 (IGCR, 2017) woul.....

Tags : Trade facilities, Rules, Amendment

Amendment in Notary Rules; Experience required as legal practitioner by persons with benchmark disabilities reduced(29.05.2021)

The Central Government has notified Notaries (Amendment) Rules, 2021 to amend the Notaries Rules, 1956. Through the specified amendment Rules, after c.....

Tags : Notary Rules, Persons with benchmark disabilities, Appointment

Ministry of Finance amends Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and Other Conditions of Service of Members) Rules, 2020(30.06.2021)

In exercise of the powers conferred by Section 184 of the Finance Act, 2017, the Ministry of Finance notifies Tribunal, Appellate Tribunal and other A.....

Tags : Rules, Amendment, Tribunals

Elaborate infrastructure and facilities set up to ensure proper implementation of POCSO Act, 2012(20.07.2017)

The National Commission for Protection of Child Rights (NCPCR) is mandated under Section 44 of the Protection of Children from Sexual Offences (POCSO).....

Tags : Implementation, POCSO Act, Infrastructure

Major Port Authorities Bill to enhance efficiency of major ports(18.07.2017)

The Minister of State for Shipping and Road Transport & Highways, Shri Mansukh L. Mandaviya informed in a written reply to a question in the Rajya Sab.....

Tags : Efficiency, Ports, Enhancement, Bill

Ministry of Corporate Affairs amends Companies (Incorporation) Amendment Rules, 2021(25.01.2021)

Ministry of Corporate Affair (MCA) has notified Companies (Incorporation) Amendment Rules, 2021 which sought to amend the Companies (Incorporation) Ru.....

Tags : Companies, Incorporation, Rules, Amendment

Prime Minister launches digital payment solution e-RUPI(02.08.2021)

Prime Minister launched digital payment solution e-RUPI, a cashless and contactless instrument for digital payment. The e-RUPI is a digital voucher wh.....

Tags : Digital payments, e-RUPI, Launch

Once the seat of arbitration is replaced by mutual agreement, changed venue becomes 'seat of arbitration'(13.04.2021)

The present appeal arises out of the impugned judgment passed by the High Court of Gujarat at Ahmedabad in which Special Civil Application filed by th.....

Tags : Venue, Jurisdiction, Mutual agreement

When Joint Commissioner recorded satisfaction in a mechanical manner to accord sanction for issuing notice under section 148 of IT Act, reopening of assessment was invalid(16.04.2021)

The assessee is a private limited company and filed its return of income, declaring income of Rs.42,396. In present case, information was received fro.....

Tags : Additions, Assessment, Legality

Further clarification on tax in reverse charge on gold ornaments(13.07.2017)

In the GST Ki Master Class held yesterday, in one of the replies given to an on-the-spot-question, it was informed that purchase of old gold jewellery.....

Tags : Reverse charge, Gold ornaments, Tax, Clarification

National Policy on Handling Mentally ill Patients(25.07.2017)

The Hon'ble Supreme Court of India vide order dated 14/02/2017 directed that the Union of India shall assist the Court, in finalizing the norms, that .....

Tags : Policy, Mentally ill Patients

TRAI Releases Recommendations on "Cloud Services"(16.08.2017)

The Telecom Regulatory Authority of India (TRAI) has today issued its Recommendations on "Cloud Services".

1. DoT vide its letter dated 31.12.....

Tags : Recommendations, Cloud Services, Release

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016(21.07.2021)

The Insolvency and Bankruptcy Board of India (IBBI) notifies the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate.....

Tags : Amendment, Regulations, CIRP

When land is agricultural land, no tax is payable, when the compensation/enhanced compensation is received by assessee(16.04.2021)

The assessee is agriculturist, his land was acquired by the Government and he received total compensation of Rs. 2,56,29,932 from land acquisition off.....

Tags : Assessment, Additions, Legality

Lok Sabha Passes LLP (Amendment) Bill To Boost Ease Of Doing Business(09.08.2021)

Lok Sabha has passed the Limited Liability Partnership (Amendment) Bill, 2021 which seeks to encourage the start-up ecosystem and further boost the ea.....

Tags : Bill, Amendment, LLP

Finance Ministry releases guidelines for reforms in Public Procurement and Project Management(29.10.2021)

In order to ensure efficient and transparent execution of projects, Finance Ministry releases guidelines for reforms in Public Procurement and Project.....

Tags : Guidelines, Reforms, Public Procurement

G20 document prepared by World Bank highlights India’s progress in Digital Public Infrastructure(08.09.2023)

Digital Public Infrastructure (DPI) has had a transformative impact on India, extending far beyond inclusive finance. The G20 Global Partnership for F.....

Tags : G20 document, DPI, Progress

Government launches one-time settlement Scheme for Contractual Disputes(02.08.2023)

The Department of Expenditure, Ministry of Finance, has launched the scheme, "Vivad se Vishwas II - (Contractual Disputes), to effectively settle the .....

Tags : Settlement Scheme, Launch, Contractual Disputes

CBDT notifies changes to Rule 11UA of Income Tax Rules, 1962(26.09.2023)

Central Board of Direct Taxes notifies changes to Rule 11UA of Income Tax Rules, 1962 in respect of Angel Tax. Rule 11UA for valuation of shares for t.....

Tags : Rules, Amendment, Angel tax

A statement recorded under Section 67 of the NDPS Act cannot be used as a confessional statement in the trial of an offence under the NDPS Act(18.03.2021)

Petitioner has been accused of having committed offences under Sections 22(C), 23(C) & 29 of Narcotic Drugs and Psychotropic Substances Act, 1985 (NDP.....

Tags : Proceedings, Bail, Entitlement

Any material collected at the back of the assessee cannot be read in evidence against the assessee(13.05.2021)

Present appeal by Assessee has been directed against the Order of the Learned Commissioner of Income Tax CIT(A) challenging the reopening of the asses.....

Tags : Assessment, Additions, Legality

DGFT implements the Advance Authorisation Scheme, allows duty-free import of inputs for export purposes(17.07.2023)

Directorate General of Foreign Trade (DGFT) implements the Advance Authorisation Scheme under the Foreign Trade Policy, which allows duty-free import .....

Tags : Scheme, Implementation, Inputs

Ministry of Information and Broadcasting approves Comprehensive “Digital Advertisement Policy, 2023”(10.11.2023)

The Ministry of Information and Broadcasting has approved a path breaking "Digital Advertisement Policy, 2023 to enable and empower the Central Bureau.....

Tags : Advertisement Policy, Digital Media, Approval

Before the scrutiny assessment is made under Section 143(3) of IT Act, issuance of notice under Section 143(2) of IT Act is mandatory(11.05.2021)

Present appeal preferred by the assessee is against the order of Learned Principal Commissioner of Income Tax, passed under Section 263 of the Income .....

Tags : Assessment, Jurisdiction, Validity

Parties who privately agree to settle their dispute outside the modes contemplated under Section 89 of the CPC are also entitled to refund of Court fees(17.02.2021)

Present special leave petitions arise out of judgment of the High Court. By the impugned judgment, the High Court allowed Petitions filed by the Respo.....

Tags : Court fees, Refund, Entitlement

Unless otherwise agreed by parties, Arbitral Tribunal can award interest at reasonable rate for a period commencing from the date when the cause of action arises till the date of the award(22.04.2021)

The Appellants were awarded a contract by the State of Kerala for upgradation of a State Highway for two stretches, from Muvattupuzha-Thodupuzha and M.....

Tags : Interest, Delayed payment, Entitlement

If loan or advance is given by Company to a shareholder for further consideration which is beneficial to the Company, such advance or loan cannot be said to be deemed dividend(23.04.2021)

Present appeal filed by the assessee is directed against the order of learned Commissioner of Income Tax (Appeals). The grounds raised by the assessee.....

Tags : Assessment, Additions, Legality

CIT(A) is obligated to state points for determination in appeal before him, the decision thereon and the reasons for determination(22.04.2021)

The assessment in the case of the assessee was framed by Assessing Officer (AO) under Section 143(3) read with Section 144 of the Income Tax Act, 1961.....

Tags : Assessment, Additions, Legality

Third Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India(02.08.2017)

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to.....

Tags : Monetary Policy, Statement

Celebrity Endorsements(01.08.2017)

The Parliamentary Standing Committee on Food, Consumer Affairs and Public Distribution, which examined the Consumer Protection Bill, 2015, has recomme.....

Tags : Celebrity, Endorsements, Offence, Fine

The new Agreement on Trade, Commerce and Transit between India and Bhutan has come into force with effect from 29th July 2017(31.07.2017)

The bilateral trade relations between India and Bhutan are governed by the Agreement on Trade, Commerce and Transit between the Government of India an.....

Tags : New Agreement, Trade, Commerce

RBI issues advisory to banks to ensure the presence of two Whole Time Directors(25.10.2023)

RBI advises banks to ensure the presence of at least two Whole Time Directors (WTDs), including the MD and CEO, on their Boards. The number of WTDs sh.....

Tags : Appointment, Time Director, Board

Government e-Marketplace (GeM) witnesses remarkable growth in Service Procurement(01.11.2023)

Over the past few years, Government e-Marketplace (GeM) has achieved significant milestones in the procurement of services. GeM, India's leading onlin.....

Tags : GeM, Growth, Service Procurement

Irrational and indiscriminate arrests are gross violation of human rights(20.05.2021)

The instant anticipatory bail application has been filed with a prayer to grant anticipatory bail to the applicants, in Case Crime under Sections-323,.....

Tags : Arrest, Bail, Entitlement

In absence of any evidence of coercion or undue influence the statements recorded during the survey are admissible evidence(17.05.2021)

Facts of the case are that a survey action under Section 133A of the Income Tax Act, 1961 (IT Act) was conducted at the business premises of the asses.....

Tags : Assessment, Survey proceedings, Evidence

Amount of investment which yielded exempt income alone should be taken into consideration for purpose of arriving at average value of investment(08.06.2021)

In facts of present case, the Appellant is a Company incorporated under the Companies Act, 1956 and engaged in the business of investment in shares an.....

Tags : Assessment, Disallowance, Legality

Deduction under Section 80-IA of IT Act is not restricted to 'Business Income' only(28.04.2021)

By an order of assessment, the Assessing Officer restricted the eligible deduction under Section 80-IA of the Income Tax Act, 1961 (IT Act) to the ext.....

Tags : Eligible deduction, Entitlement, Legality

Benefits flowing from MACP Scheme are incentives and not part of pay(28.04.2021)

The short question that falls for consideration of present Court in present Appeals is whether the Government of India is justified in implementing th.....

Tags : Benefits, MACP Scheme, Entitlement

Union Minister for Finance and Corporate Affairs presented the Interim Union Budget 2024-2025(01.02.2024)

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Interim Union Budget 2024-2025 in Parliament. The Governme.....

Tags : Budget, Announcement

In order to bring ‘Business profits’ of a resident of the other country to tax in India within the ambit of Article 7 of DTAA, foreign enterprise must have a Permanent Establishment (PE) in India(15.06.2021)

The assessee is a company registered in, and a tax resident of the United States of America. No return of income was filed for the year under consider.....

Tags : Assessment, Tax, Levy

Annual Conference of Banking Ombudsmen 2017 - July 25, 2017(31.07.2017)

The Annual Conference of Banking Ombudsmen was held at Mumbai on July 25, 2017. Shri S S Mundra, Deputy Governor, Reserve Bank of India (RBI) inaugura.....

Tags : Conference, Banking, Ombudsmen

Online Filing System for Alternative Investment Funds(31.07.2017)

1. In a constant endeavor to facilitate ease of operations in terms of applying for registration, reporting and various compliances under SEBI (Altern.....

Tags : Online, Filing System, Investment Funds

Steps to enhance competitiveness of capital goods sector(26.07.2017)

A Scheme for enhancement of competitiveness in the Indian Capital Goods Sector is in operation since 2014. The Scheme has infrastructural components f.....

Tags : Competitiveness, Enhancement, Capital goods

Cenvat Credit on Outward Transportation Services is admissible up to the place of removal(28.04.2021)

The issue involved in the present case is that whether the Appellant is entitled for Cenvat Credit in respect of Outward Transport Service which is us.....

Tags : Cenvat Credit, Entitlement

Mere suspicion without any evidence on record could not be the basis for making an addition to income under Section 69 of IT Act(30.04.2021)

The instant appeal filed by the Revenue is directed against the order passed by the Commissioner of Income Tax (Appeals) arising out of the order pass.....

Tags : Assessment, Additions, Legality

Section 10 of Warehousing (Development And Regulation) Act, 2007 is applicable only if Respondent is a 'warehouseman'(01.06.2021)

Present is an application under Section 9 of the Arbitration and Conciliation Act, 1996. The Petitioner seeks interim reliefs primarily restraining th.....

Tags : Agreement, Lien, Permission

Allottees of real estate projects are "financial creditors" and may trigger the IBC against the real estate developer(09.08.2019)

Writ petitions have been filed in present Court to challenge the constitutional validity of amendments made to the Code, pursuant to a report prepared.....

Tags : Allottees, Real estate projects, Amendment

In case of default, Financial creditor either by itself or jointly with other financial creditor could file application for initiating CIRP against Corporate Debtor(07.11.2017)

The 'Financial Creditor'-Central Bank of India has filed the instant application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ('the Cod.....

Tags : Financial debt, CIRP, Appointment

'Ponds' are a public utility meant for common use and could not be allotted or commercialised(25.11.2019)

The instant statutory appeal has been preferred under Section 22 of the National Green Tribunal Act, 2010 ("NGT Act") against the order of the Princip.....

Tags : Allotment, Ponds, Legality

Compensation or damages assessed for personal injuries should be substantial to compensate injured for deprivation suffered by injured throughout his/her life(05.02.2020)

In present case, Kajal was a bright young girl. She used to attend school, play with her friends and lead a normal life like any other child. Unfortun.....

Tags : Compensation, Enhancement, Eligibility

There is no presumption that a decision taken by persons occupying high posts is valid(11.02.2020)

The Appellant was commissioned in the Mechanised Infantry of Indian Army on 13th June, 1981 and was subsequently transferred to the Corps of Intellige.....

Tags : Promotion, Non-empanelment, Legality

Interest alone cannot be construed as operational debt(11.02.2020)

Present appeal emanates from the order passed by the Adjudicating Authority on the application filed under Section 9 of the Insolvency and Bankruptcy .....

Tags : Delayed payment, Interest, Operational Debt

CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act, 1961(19.06.2017)

Rule 10CB for operationalising the provisions of secondary adjustment has been notified by the Central Board of Direct Taxes on 15th June, 2017. It pr.....

Tags : Secondary Adjustments, Rule, Notified

Cabinet approves Joint Interpretative Notes on the Agreement between India and Bangladesh for Promotion and Protection of Investments(12.07.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the Joint Interpretative Notes (JIN) on the Agreement be.....

Tags : Interpretative Notes, Investment, Approval

Secretary MSME reviews implementation of Public Procurement Policy by various PSUs in National SC ST Hub Conclave(13.09.2017)

National SC ST Hub Conclave was chaired by Dr. Arun Kumar Panda, Secretary, Ministry of MSME, and other senior officials of the ministry were present .....

Tags : Procurement Policy, Implementation, Review

CBDT has been asked to consider inclusion of Service Charge while assessing tax: Shri Ram Vilas Paswan(13.09.2017)

Shri Ram Vilas Paswan, Union Minister for Consumer Affairs, Food & Public Distribution told that in order to check the levying of Service Charge compu.....

Tags : Service Charge, Inclusion, Tax, Assessment

Cabinet approves implementation of the scheme "Dairy Processing and Infrastructure Development Fund"(12.09.2017)

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi has approved a Dairy Processing & Infrastructure Development F.....

Tags : Implementation, Scheme, Dairy Processing, Development Fund

Cabinet approves introduction of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament(12.09.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of the Payment of Gratuity (Amendment) Bill.....

Tags : Amendment, Gratuity, Payment, Approval

To sustain action for trademark infringement, a global brand must prove its goodwill and reputation(14.12.2017)

The Appellant ('the Plaintiff) is an automobile manufacturer incorporated under the laws prevailing in Japan. The first Respondent is a partnership fi.....

Tags : Infringement, Injunction, Grant

A well-known mark is entitled to protection even in respect of unrelated goods and services(16.07.2019)

The present suit is filed by the Plaintiff - Exxon Mobil Corporation against the Defendant - Exoncorp Private Limited seeking permanent injunction res.....

Tags : Infringement, Injunction, Grant

Mere fact that, application for registration of a trademark was amended may not amount to relinquishment of any right to use the trademark(21.01.2019)

The present suit is filed by the Plaintiff seeking an order of permanent injunction to restrain the Defendants, their partners, proprietors, etc from .....

Tags : Infringement, Injunction, Grant

Improving working conditions of labourers through reform in Labour Laws(09.08.2017)

The Ministry of Labour and Employment has taken a number of legislative initiatives in labour laws during the last 3 years. Such initiatives include: .....

Tags : Labourers, Working condition, Improvement

National Electronic Funds Transfer (NEFT) system - Settlement at half-hourly intervals(08.05.2017)

1.National Electronic Funds Transfer (NEFT) system presently settles the fund transfer requests of the participating banks on net basis at hourly inte.....

Tags : NEFT, Settlement, Intervals

Cabinet approves procedure and mechanism for Strategic Disinvestment(16.08.2017)

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal of Department of Investment and.....

Tags : Approval, Procedure, Strategic Disinvestment

Enforcement date of Indian Institutes of Information Technology (Public-private Partnership) Act, 2017(06.09.2017)

In exercise of the powers conferred by sub-section (2) of section 1 of the Indian Institutes of Information Technology (Public-private Partnership) Ac.....

Tags : Enactment, Enforcement, date

India despatches First Diesel Consignment to Myanmar(04.09.2017)

Symbolising the growing hydrocarbon engagement between India and Myanmar, the first consignment of 30 MT of High Speed Diesel was sent today from Indi.....

Tags : Consignment, Diesel Myanmar

Statement on behalf of the Government on the Supreme Court Judgement on Right to Privacy(24.08.2017)

The nine-judge Bench Supreme Court judgement has today pronounced in the "Privacy Case" by upholding the Right to Privacy as one protected by Article .....

Tags : Statement, Government, Judgement, Right to Privacy

GST on Selling of space for advertisement in print media - Clarification regarding(23.08.2017)

Query has been raised regarding GST applicable on selling of space for advertisement in print media. Selling of space for advertisement in print media.....

Tags : GST, Selling, Space, Advertisement, Print media

EPFO beneficiaries to get payment through electronic or digital fund transfer system(18.05.2017)

The Ministry of Labour & Employment vide notification dated 4th May 2017 has provided for electronic or digital fund transfer / payment of EPF benefit.....

Tags : EPFO beneficiaries, Payment, Digital fund transfer system

Partial Credit Enhancement to Corporate Bonds(18.05.2017)

1. Please refer to paragraph 21 (a) of the Guidelines on Partial Credit Enhancement to Corporate Bonds by Banks annexed to the circular DBR.BP.BC.No.4.....

Tags : Enhancement, Credit, Corporate Bonds

Separate Department of Disability Affairs to be set up by States(18.05.2017)

Shri Thaawar Chand Gehlot, Minister for Social Justice & Empowerment while addressing the "15th National Review Meeting of State Commissioners for Per.....

Tags : States, Department, Separate, Disability affairs

Cabinet approves Faculty Exchange Agreement between National Defence College, New Delhi and National Defence College, Dhaka, Bangladesh(17.05.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Faculty Exchange Agreement signed betwe.....

Tags : Approval, Agreement, Defence college

Cabinet approves Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters(17.05.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing and ratifying, an Agreement between India and Ta.....

Tags : Approval, Agreement, Custom Matters

At an interlocutory stage, it cannot be said that, Plaintiff did not have a chance of success at the trial(28.02.2020)

In a suit for infringement of copyright, the Plaintiff has sought interim reliefs by present application. Learned senior advocate appearing for the Pl.....

Tags : Infringement, Interim protection, Grant

Recovery of interest on delayed period even though claimed after taking possession is maintainable(14.03.2019)

In facts of present case, Appellant-allottee has challenged the final order passed by Learned Member and Adjudicating Officer of MahaRERA Authority in.....

Tags : Delayed possession, Interest, Entitlement

Authority has complete jurisdiction to decide complaint in regard to non-compliance of obligations by the promoter(05.02.2019)

A complaint was filed under Section 31 of the Real Estate (Regulation and Development) Act, 2016 read with rule 28 of the Haryana Real Estate (Regulat.....

Tags : Delayed possession, Refund, Entitlement

Insufficiently stamped agreement cannot be acted upon by court(10.04.2019)

Present appeal arises out of a sub-contract given by the Appellant to the Respondent in respect of work. Disputes arose between parties, and on 2nd Ja.....

Tags : Agreement, Enforceability, Stamp

Amendment in notification number G.S.R. 991(E) dated 20th October, 2016 No. 02/2017-NARCOTICS CONTROL-I(15.05.2017)

In pursuance of rule 8 of the Narcotic Drugs and Psychotropic Substances Rules, 1985, the Central Government hereby makes following amendment in the G.....

Tags : Notification, Amendment

Implementation of the expanded India-Chile PTA(14.05.2017)

India and Chile have entered into another milestone in their trade relations as an agreement on expansion of India-Chile PTA which was signed on 6th S.....

Tags : Expansion, PTA, Agreement

Introduction of additional settlement batches in National Electronic Funds Transfer (NEFT) System(08.05.2017)

The Reserve Bank of India in its First Bi-monthly Monetary Policy Statement for 2017-18 has announced the introduction of additional settlements in th.....

Tags : NEFT, Additional settlement, Introduction

First Investment Agreement signed between NIIF and a wholly owned subsidiary of Abu Dhabi Inv estment Authority(16.10.2017)

Pursuant to the Memorandum of Understanding (MoU) between Department of Economic Affairs, Ministry of Finance, Government of India and the Government .....

Tags : Agreement, Investment, Signing of

Government constitutes a High Level Committee for proper management of water resources in North Eastern Region(04.10.2017)

The Government has constituted a high-level committee for proper management of the water resources in the North Eastern Region (NER) under the Chairma.....

Tags : Committee, Constitution, Water resources, Management

Footwear Design and Development Institute Act, 2017 making FDDI an 'Institute of National Importance' comes into force(16.10.2017)

Footwear Design & Development Institute (FDDI) has been declared an 'Institute of National Importance' under Ministry of Commerce & Industry, Governme.....

Tags : Act, Enforcement, Institute

Cabinet approves MoU on Upgradation of the Women's Police Training Centre at Yamethin, Myanmar(04.10.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) betwe.....

Tags : MoU, Approval, Upgradation , Women's Police, Training Centre

President Appoints Commission to Examine Sub Categorization of other Backward Classes under Article 340 of the Constitution(02.10.2017)

The President today i.e. on 02.10.2017, in exercise of the powers conferred by article 340 of the Constitution appointed a Commission to examine the s.....

Tags : Commission, Appointment, Sub Categorization, OBCs

Government of India and World Bank sign $200 Million Loan Agreement for the Assam Agribusiness and Rural Transformation Project(30.10.2017)

The Government of India and the World Bank today signed a $200 million Loan Agreement for the Assam Agribusiness and Rural Transformation Project. The.....

Tags : Loan Agreement, Signing of, Project

Shri Giriraj Singh launches MSME Delayed Payment Portal - MSME Samadhaan(30.10.2017)

Union Minister of State (Independent Charge) Shri Giriraj Singh launched MSME Delayed Payment Portal - MSME Samadhaan (http://msefc.msme.gov.in) here .....

Tags : Payment Portal, MSME Samadhaan, Launch

Andhra Pradesh Public Employment (Organisation of Local Cadres and Regulation of Direct Recruitment) Amendment Order, 2017(30.10.2017)

In exercise of the powers conferred by clauses (l) and (2) of article 371 D of the Constitution, the President hereby makes the following Order furthe.....

Tags : Recruitment, Order, Amendment

A former employee of a party to arbitration can be appointed as an arbitrator(03.01.2019)

Appellant-State issued a Letter of Acceptance to Respondent No. 1 for execution of a works contract for construction, operation and maintenance of Gur.....

Tags : Arbitrator, Appointment, Legality

Integrity of judicial officer must be of a higher order and even a single aberration is not permitted(27.02.2020)

Present writ petitions have been filed by two erstwhile judicial officers who were members of the judicial service in the State of Jharkhand and are d.....

Tags : Compulsory retirement, Public interest, Legality

Petitioner cannot get any relief, when there is non-disclosure of godowns and non-payment of tax which ultimately demonstrated misconduct(24.02.2020)

The subject matter of challenge in the instant writ proceeding is in respect of a seizure order dated 10th May, 2018, issued by the Respondent no. 4, .....

Tags : Seized goods, Release, Entitlement

A person cannot be made to wait indefinitely for possession of flat allotted and is entitled to seek refund of amount paid(02.04.2020)

The Appellant-Builder launched a residential project by the name “Araya Complex” in Sector 62, Golf Course Extension Road, Gurugram. The Respondent- F.....

Tags : Refund, Interest, Entitlement

Promoters include the entity which is constructing building as well as entity which is selling apartments or plots(25.03.2020)

The consumer complaint filed by the Appellant, which was an association representing the buyers, seeks diverse reliefs including the grant of possessi.....

Tags : Party, Impleadment, Direction

Bureau of Indian standards (BIS) Act, 2016 brought into force with effect from 12th October, 2017(14.10.2017)

A new Bureau of Indian standards (BIS) Act 2016 which was notified on 22nd March, 2016, has been brought into force with effect from 12th October, 201.....

Tags : Act, Enforcement, Indian Standard, Bureau

Pilot Implementation of Paperless Processing under SWIFT-Uploading of Supporting Documents-reg(13.10.2017)

1. Kind reference is invited to Para 8 of Board's Circular No. 10/2016 dated 15th March, 2016 wherein, it was stated that CBEC was in the process of p.....

Tags : Implementation, Paperless Processing

TRAI releases Recommendations on "Regulatory framework for Internet Telephony"(24.10.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today released its Recommendations on "Regulatory framework for Internet Telephony".

.....

Tags : Recommendations, Release, Internet Telephony

A person cannot be made to wait indefinitely for possession of flat allotted and is entitled to seek refund of amount paid(02.04.2019)

The Appellant-Builder launched a residential project by the name “Araya Complex” in Sector 62, Golf Course Extension Road, Gurugram. The Respondent- F.....

Tags : Refund, Interest, Entitlement

Promoters include the entity which is constructing building as well as entity which is selling apartments or plots(25.03.2019)

The consumer complaint filed by the Appellant, which was an association representing the buyers, seeks diverse reliefs including the grant of possessi.....

Tags : Party, Impleadment, Direction

Secondary evidence can be permitted to be produced where party establishes factual foundation(13.05.2020)

Present appeal is directed against the judgment passed by the High Court whereby the High Court confirmed the order passed by the Civil Judge in appli.....

Tags : Will, Secondary evidence, Entitlement

Application under Section 438 of Cr. PC is maintainable, even if, a person has been declared as proclaimed offender(12.05.2020)

Present is first bail application preferred by the Applicant under Section 438 of Code of Criminal Procedure, 1973 (CrPC) wherein he is apprehending h.....

Tags : Bail, Absconder, Entitlement

When affairs of Company are being conducted in manner prejudicial to public interest, Tribunal is empowered to replace the existing Management(13.03.2020)

The Union of India moved a Petition under Sections 401/397/398 read with Section 408 of the Companies Act, 1956 (now Section 241(2) read with Section .....

Tags : Report, Public interest, Management, Replacement

Progress of the criminal law, once legitimately set in motion, should not be halted by judicial diktat, save in exceptional circumstances(06.05.2020)

Present writ petition, preferred under Section 482 of the Code of Criminal Procedure, 1973 (CrPC) read with Article 226 of the Constitution of India, .....

Tags : Proceedings, Quashing of, Entitlement

The principle of 'No Work No Pay' cannot be made applicable in extraordinary circumstances prevailing in the country due to the pandemic of COVID-19(12.05.2020)

By present petition, the Petitioner Union has made a grievance that, after the lock-down has been effected and though the members of the Petitioner Un.....

Tags : Wages, Payment, Direction

In case of reinstatement, payment of back wages is not a matter of right(29.06.2020)

Present are two petitions arising out of the impugned award passed by the Presiding Officer, Labour Court by which the Workman was reinstated into ser.....

Tags : Past conduct, Reinstatement, Legality

Grant of remission or parole is not a right vested with the prisoner; it is a privilege available to the prisoner on fulfilling certain conditions(26.06.2020)

The Petitioner has been convicted for the offences punishable under Sections 302, 392, 328, 473, 34 of Indian Penal Code, 1860 (IPC) and has now sough.....

Tags : Parole, Release, Entitlement

Domestic transactions with an Associate Enterprise (AE) would not constitute “Specific Domestic Transactions” for the purpose of Section 92BA of IT Act(29.06.2020)

The captioned appeal has been filed at the instance of the Assessee against the order of the Principal Commissioner of Income Tax, (‘Pr.CIT’), arising.....

Tags : Assessment, Revisional order, Legality

Doctor is not liable for negligence, if he performs his duty with reasonableness and with due care(29.06.2020)

The Complainant Satbir Singh ('the patient') while attending marriage of his friend due to fire cracker explosion suffered burn/crush injury to his ri.....

Tags : Injury, Compensation, Entitlement

TRAI releases Recommendations on "Approach towards Sustainable Telecommunications"(23.10.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today released its Recommendations on "Approach towards Sustainable Telecommunications".

Tags : Recommendations, Release, Sustainable Telecommunications

Amendment in para 3.13 of the Handbook of Procedures (2015-2020)(23.10.2017)

In exercise of powers conferred under Paragraph 2.04 of FTP 2015-2020, the Director General of Foreign Trade hereby makes the following amendment in t.....

Tags : Handbook, Procedures, Amendment

Compensation for loss of future earning has to be proper and just and not elusive(10.06.2020)

The Appellant was travelling in a bus of the Respondent Corporation and met with an accident due to rash and negligent driving of the bus driver who h.....

Tags : Inadequacy, Compensation, Enhancement

Once the seat is determined, the Court of that place shall have exclusive jurisdiction to deal with all matters relating to arbitration agreement between the parties(06.07.2020)

The Petitioner is seeking appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996. The arbitration agreement betw.....

Tags : Agreement, Dispute, Jurisdiction

Disallowance of deduction under Section 80IB(10) of IT Act, in respect of interest income should be restricted to net interest and not gross interest(04.05.2020)

In facts of present case, the Assessee in the present case is a Company, which is engaged in the business of Builders and Property Developers. The ret.....

Tags : Assessment, Disallowance, Deduction

Merely asking an official, who substantively holds a lower post, to discharge the duties of a higher post cannot be treated as a promotion(20.07.2020)

In present case, the Petitioner is seeking a 'Writ of Mandamus' upon the Respondents directing them to regularize/confirm/promote the Petitioner to th.....

Tags : Promotion, Right, Entitlement

SC/ST Act guarantees a right to a victim or dependents to participate in any proceedings(21.07.2020)

Criminal Petition is filed under Section 439 of Code of Criminal Procedure, 1973 (CrPC) praying to release the Petitioner on bail in case registered f.....

Tags : Bail, Entitlement, Participation, Right

If the cause of delay as explained by Assessee is found to be factually correct then, laps on part of Assessee cannot be a ground for rejecting condonation of delay(20.07.2020)

Present appeal by the Assessee is directed against the order of the Commissioner of Income Tax (Appeal) (CIT(A)), Jaipur. There is delay of 349 days i.....

Tags : Assessment, Delay, Condonation

Transfer of Shares being an internal family realignment cannot be treated as Gift or Perquisites(12.05.2020)

The Assessee is an investment company. Return of income was electronically filed declaring total income of Rs. 2,75,836. During the course of assessme.....

Tags : Family arrangement, Additions, Legality

While applying the multiplier method, future prospects on advancement in life and career are also to be taken into consideration(27.07.2020)

In present matter, the Appellant was travelling from Chennai to Bangalore in a bus owned by the Respondent State Corporation. While the bus was moving.....

Tags : Accident, Compensation, Entitlement

Refund claim cannot be withheld on mere basis that, a notice has been issued under Section 143(2) of IT Act(27.07.2020)

Present writ petition under Article 226 of the Constitution of India, 1950 seeks mandamus for directing the Respondent to grant refund as determined u.....

Tags : Pending Assessment, Refund, Entitlement

Arbitral Tribunal is under a statutory duty to state reasons for its conclusion(20.02.2020)

In facts of present case, a tender was issued by Appellant for the work of detailed Design, Engineering, Financing, Procurement, Construction, Operati.....

Tags : Award, Payment, Direction, Legality

Temporary non-use of premises due to the lockdown cannot be construed as rendering the lease void(21.05.2020)

The present revision petition was filed by the Appellants/Tenants (“Tenants”) challenging the order passed by the learned Senior Civil Judge-cum-Rent .....

Tags : Eviction, Suspension, Rent, Entitlement

When there are only two partners and one has agreed to retire, the retirement amounts to dissolution of the firm(26.05.2020)

In present matter, on 29th March 1989, Guru Nanak Industries and Swaran Singh filed a civil suit against Amar Singh claiming that, the latter had reti.....

Tags : Firm, Dissolution, Agreement

Adjudicating Authority is only required to ascertain existence of default from records of an information utility(22.05.2020)

The twin appeals preferred by the same 'Financial Creditor' viz 'Allahabad Bank' against two different 'Corporate Debtors' primarily assail the orders.....

Tags : Application, Admission, Entitlement

Period of limitation for initiation of CIRP under Section 7 of the IBC is three years from the date when right to apply accrues(14.08.2020)

Present appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) is directed against the judgment and order passed by the National Co.....

Tags : Commencement, CIRP, Legality

Loss arose to Assessee on sales of another assets cannot set off from capital gain of previous assets(11.08.2020)

The facts in brief are that, the Assessee is an individual and filed his return of total income declaring income of Rs. 74,69,570. During the year und.....

Tags : Assessment, Capital gain, Set-off

Promotion includes advancement to a higher pay scale without moving to a different post(06.08.2020)

The Appellants were all working as Telephone Operators with the Delhi Fire Service ("DFS"). On account of reorganisation of the wireless communication.....

Tags : Promotion, Pay scale, Entitlement

A proceeding under the Public Land Encroachment Act can be initiated only if land in question is a public land(08.06.2020)

In instant case, the Circle Officer, exercising his jurisdiction as Collector, within the meaning of the provisions of the Bihar Public Land Encroachm.....

Tags : Removal, Encroachment, Legality

ATMs are to be treated as computers, entitled to a high rate of depreciation(16.06.2020)

Assessee is engaged in the business of manufacture of automated teller machines (ATMs) and distribution of NCR book products and commissions in India......

Tags : Assessment, Expenditure, Depreciation

Presumption that possession must be deemed to follow title, arises only where there is no definite proof of possession by anyone else(27.08.2020)

Present appeals are against a common judgment dismissing the Second Appeal filed by the Appellant, but allowing the Second Appeal filed by the Respond.....

Tags : Title, Declaration, Entitlement

Where delinquent chooses not to participate in proceedings in spite of opportunity being granted, he is estopped from raising the plea of non-compliance of the principles of natural justice(21.08.2020)

The Petitioner has assailed the order whereby the District & Sessions Judge, has dismissed the Petitioner from service with effect from 1st June, 2002.....

Tags : Punishment, Dismissal, Legality

In absence of any remote connection with larger public interest, information relating to attendance record of staff members would be exempted(31.08.2020)

The Appellant filed an application under Delhi Right to Information Act, 2001 (DRTI Act, 2001) before Respondent No. 5 (Director of Education, Delhi) .....

Tags : Information, Disclosure, Entitlement

Amendment in para 5.25 of HBP 2015-20 of the Handbook of Procedures (HBP) of Foreign Trade Policy (FTP) 2015-20(09.10.2017)

In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy (FTP), 2015-20, the Director General of Foreign Trade, hereby mak.....

Tags : Amendment, Procedures, Foreign Trade Policy

Secretary, DEA inaugurates the Workshop on the involvement of Multilateral Agencies in developing the capacity of Finance Departments of the States and Union Territories(11.09.2017)

Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), Ministry of Finance, Govt. of India inaugurated here today the familiariza.....

Tags : Workshop, Introduction, Multilateral Agencies, Finance Departments, Development

Transfer of investigation must be done in rare and exceptional cases in order to do complete justice between the parties and to instil straight confidence in the public mind(19.08.2020)

Present Transfer Petition is filed Under Section 406 of the Code of Criminal Procedure, 1973 (CrPC) read with Order XXXIX of the Supreme Court Rules, .....

Tags : Investigation, Transfer, Entitlement

Draft order framed under Section 144C(1) of the IT Act in the name of a non-existent company is void ab initio(17.08.2020)

Present appeal by the Assessee is preferred against the order framed under Section 143(3) read with Section 144C(5) of the Income-tax Act, 1961 [IT Ac.....

Tags : Draft assessment, Disallowance, Legality

Case of abetment made out only if accused instigates a person either by act of omission or commission(01.10.2020)

Present Appeal challenges the judgment and order of the High Court whereunder, the Criminal Appeal of the convicted Appellant was dismissed and the ju.....

Tags : Abetment, Conviction, Legality

Once a law has been made by the appropriate legislature, then it is not open for executive authorities to surreptitiously subvert its mandate(30.09.2020)

Present petitions, have been filed seeking special leave to appeal against a common order of the High Court through which their appeal against convict.....

Tags : Probation, Release, Entitlement

A stranger to agreement cannot be impleaded as a party so as to convert a suit of one character into a suit of different character(11.09.2020)

Petitioner has assailed the order passed by the Additional Civil Judge vide which the application under Order 1 Rule 10 read with Section 151 of Code .....

Tags : Legal right, Litigation, Impleadment

A candidate suppressing the material information or giving false information cannot claim right to continuance in service(03.11.2020)

The employer – Punjab National Bank has preferred the present appeal against impugned judgment passed by the High Court by which the High Court has di.....

Tags : Appointment, Direction, Legality

Gravity alone cannot be a decisive ground to deny bail, rather competing factors are required to be balanced by the Court while exercising its discretion(06.11.2020)

Bail Petitioner, who is behind the bars since 14.5.2020 in FIR registered under Sections 341, 323, 325, 307, 504, 506, 201 and 34 of Indian Penal Code.....

Tags : Bail, Entitlement, Conditions

Copies of correspondence which are confidential shall not be granted, except under the orders of the Court(02.11.2020)

Appeal was against impugned order denying issuance of Copies of the statements under Section 108 of Customs Act, 1962 on basis that the statements wer.....

Tags : Statements, Copies, Denial

Litigants cannot directly approach High Court by overlooking jurisdiction of Central Administrative Tribunal(13.07.2020)

The legal controversy that arises for consideration is the maintainability of the present petition before present Court. Petitioner successfully quali.....

Tags : Appointment, Legality, Jurisdiction

Evidence of a public officer cannot be thrown only on basis that he is a police officer(13.07.2020)

Present bail application has been filed under Section 439 of the Code of Criminal Procedure, 1973 for grant of regular bail in connection with FIR reg.....

Tags : Bail, Entitlement

Excess payments made to the employees during the pendency of the application before the Tribunal could not be recovered(27.10.2020)

By present writ petition, the employer has approached the Court challenging an order passed by the Industrial Court, whereby a Complaint filed by the .....

Tags : Excess amounts, Recovery, Entitlement

Evidence of attorney is acceptable, where the affairs of a party are looked after by an attorney or a close family member(26.10.2020)

Present civil revision petition has been preferred by the Petitioner-tenant against the orders passed by the Authorities below ordering his ejectment .....

Tags : Ejectment, Deposition, Legality

Mere inclusion of candidate in a selection list does not confer upon them a vested right to appointment(07.10.2020)

In facts of present case, on 27 January 2013, a notice was published in the newspapers for filling up 523 vacancies for the post of ‘Constable (Execut.....

Tags : Appointment, Direction, Legality

Power to transfer the petition under Section 21A of the Hindu Marriage Act, 1955 can be invoked only when the subsequent petition is either for judicial separation or for divorce(06.11.2020)

In present matter, the parties got married on 19th November, 2015 at Delhi. It appears that, disputes arose between the parties and the parties starte.....

Tags : Divorce petition, Transfer, Entitlement

Conduct of the victim is also relevant for deciding bail application of rape accused(11.11.2020)

In facts of present case, a boy aged 20 years, who is incarcerating upon his arrest for alluring and raping a minor girl, has come up before present C.....

Tags : Bail, Entitlement, Conditions

Prescription of qualification for a post is a matter of recruitment policy, judicial review cannot expand upon the ambit of prescribed qualifications to decide equivalence thereof(13.10.2020)

Present two Letters Patent Appeals arise from the judgment and order passed in writ petition, whereby the learned Writ Court, while holding that the c.....

Tags : Appointment, Direction, Legality

The question of jurisdiction is a question of law and can be raised at any point of time(17.11.2020)

The Petitioners seeks to quash Exhibit P-9 order, granting leave to Respondent to amend the plaint. Whether a civil Court can consider an application .....

Tags : Amendment, Plaint, Jurisdiction

In a Motor Accident Compensation Claims, compensation for 'loss of consortium' can be awarded to children and parents also(07.09.2020)

Present appeals have been filed by three Insurance Companies, i.e., New India Assurance Company Limited, Cholamandalam MS General Insurance Company Lt.....

Tags : Accident, Compensation, Entitlement

Shipbuilding Financial Assistance Policy: Shipping Ministry launches revamped software and updated guidelines to facilitate implementation(01.11.2017)

To promote Government of India's ambitious 'Make in India' programme and to encourage domestic shipbuilding by providing a level playing field vis-a-v.....

Tags : Software, Launch, Policy, Implementation

Statement by the Ministry of Finance on the Monetary Policy Committee (MPC)'s Policy Statement(06.12.2017)

The Monetary Policy Committee (MPC) released its fifth Bimonthly Policy Statement today. The MPC recognized that inflation remains firmly under contro.....

Tags : Bimonthly, Policy Statement, Release

Cabinet approves amendment in the National Council for Teacher Education Act, 1993(01.11.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of a Bill in Parliament to amend the Nation.....

Tags : Amendment, Act, Approval

Cabinet approves Wage Policy for the 8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises(22.11.2017)

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Wage Policy for the 8th Round of Wage Negotiations for workmen in Centr.....

Tags : Wage policy, Approval, Wage Negotiations, Workmen

Indian Advance Pricing Agreement regime moves forward with signing of four Advance Pricing Agreements(04.09.2017)

The Central Board of Direct Taxes (CBDT) has entered into 4 more Advance Pricing Agreements (APAs) during August, 2017. Out of these 4 Agreements, 3 a.....

Tags : Agreements, Signing of, International transactions

Plea for transfer of case should not be entertained on mere apprehension of a hyper sensitive person(16.10.2020)

The present petitions are filed under Section 406 of the Code of Criminal Procedure, 1973 (CrPC) read with Order XXXIX of the Supreme Court Rules seek.....

Tags : Apprehension, Transfer plea, Entitlement

When Circulars are issued by the DGCA to ensure public safety, the right to life guaranteed by the Constitution is not violated as same is subject to restrictions(16.10.2020)

Present writ petitions have been filed by the respective Petitioners challenging the Breath Analyzer examination of the personnel engaged in Aircraft .....

Tags : Fundamental rights, Circular, Legality

Cabinet approves agreement between India and Philippines on co-operation and mutual assistance in customs matters(22.11.2017)

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the signing and ratifying of an Agreement between India and Philippines on .....

Tags : Agreement, Approval, Customs

India Signs Loan Agreement with World Bank for US$ 119 Million for "Odisha Higher Education Programme for Excellence and Equity (OHEPEE) Project(07.11.2017)

A Financing Agreement for IBRD loan of US$ 119 million (equivalent) for the "Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Projec.....

Tags : Loan Agreement, World Bank, Signing of

General allegation of 'surcharged atmosphere' is not sufficient to transfer a case from one Court to another(25.11.2020)

Present petitions are filed under Section 406 of the Code of Criminal Procedure, 1973 (CrPC) read with Order XXXIX of the Supreme Court Rules seeking .....

Tags : Trial, Transfer, Entitlement

Providing Safety and Protection to Women Workers in Both Organised and Unorganised Sectors(25.07.2018)

The Government has provided protective measures especially to women workers in various labour laws like the Factories Act, 1948, the Mines Act, 1952, .....

Tags : Protection, Women Workers, Organised, Unorganised Sectors

Amendment in the First Schedule to the Customs Tariff Act, 1975 in Section XVI in Chapter 85(02.04.2018)

WHEREAS the Central Government on being satisfied that the import duty leviable on populated, loaded or stuffed printed circuit boards, falling under .....

Tags : Amendment, First Schedule, Customs Tariff

MoU with UK for Improving Public Transport System(23.07.2018)

The Government has signed a Memorandum of Understanding (MoU) with United Kingdom for seeking help in improving overall public transport system in the.....

Tags : MoU, Transport System, Improvement

Steps taken to improve the quality of higher education(23.07.2018)

The Ministry has prepared draft Higher Education Commission of India Bill, 2018 to repeal of the University Grants Commission (UGC) Act, 1956 and for .....

Tags : Higher education, Quality, Improvement

Government to team up with Google for flood forecasting(18.06.2018)

Union Minister for Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari has expressed hope that collaboration with Google will.....

Tags : Google, Government, Flood

Medical Devices (Amendment) Rules, 2018(01.08.2018)

Whereas a draft of certain rules to amend the Medical Device Rules, 2017 was published as required under sections 12 and 33 of the Drugs and Cosmetics.....

Tags : Medical Devices, Amendment, Rules

Government invites comments of Stakeholders and General Public on Proposed Amendments to Income-Tax Rules, 1962 by 4th September, 2018(20.08.2018)

Income-tax Rules, 1962 (I.T. Rules) prescribe Form No. 13 for filing an application for seeking a certificate under Section 197 and/or under Section 2.....

Tags : Comments, Income-Tax Rules, Amendment

Enforcement date of Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2018(20.08.2018)

In exercise of the powers conferred by sub-section (2) section 1 of the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment.....

Tags : Act, Enforcement, Date

Australia re-commences its adoption programme with India(14.08.2018)

The Government of Australia has decided to recommence the Adoption Programme with India, as per Hague Convention on Inter-Country Adoption. The adopti.....

Tags : Re-commencement, Adoption programme, Regulation

Eradication of Child Labour(18.07.2018)

Child Labour is an outcome of various socio-economic problems such as poverty, economic backwardness, illiteracy etc. As per 2011 Census, the number o.....

Tags : Child Labour, Eradication, Enforcement, Provisions

Amendments Proposed to Central Motor Vehicles Rules, Fastags and Vehicle Tracking System to be Made Mandatory for All National Permit Commercial Vehicles Driving License(17.07.2018)

Ministry of Road Transport and Highways has notified draft amendments to the Central Motor Vehicles Rules, making FASTags and Vehicle Tracking System .....

Tags : Motor Vehicles Rules, Amendments, Proposal

Model Shops and Establishments Act(06.08.2018)

The salient features of the Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill, 2016 are:

(i) The Mode.....

Tags : Act, Model Shops, Establishments

Dr. Jitendra Singh releases 'Indian Guidelines for Diabetes Management'(09.05.2018)

The Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances.....

Tags : Guidelines, Diabetes Management, Release

Rescindment of notification No. 3/2013-Customs (ADD), dated the 26th March, 2013(13.09.2018)

In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 23 .....

Tags : Notification, Rescindment, Anti-dumping Duty

Know Your Client (KYC) Requirements for Foreign Portfolio Investors (FPIs)(21.08.2018)

SEBI had issued circular No. CIR/IMD/FPIC/CIR/P/2018/64 dated April 10, 2018 in order to strengthen know your client (KYC) framework for foreign portf.....

Tags : KYC, Requirements, Portfolio Investors

Natural calamity - relaxation of grace period for payment of renewal premium in the State of Kerala and flood affected districts of Karnataka(29.08.2018)

It has come to the notice of the Authority that due to recent heavy rains and floods in the state of Kerala and Karnataka, normal life has been severe.....

Tags : Natural calamity, Relaxation, grace period, Payment, Renewal premium

Cabinet approves signing of Air Services Agreement between India and Morocco(29.08.2018)

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the revised air services agreement to be signed between India and Mor.....

Tags : Agreement, Air services, Approval

Seniority of promotees is determined on the basis of date of appointment(26.11.2020)

Present appeals challenge the common judgment of the Rajasthan High Court. The Division Bench of the High Court by the impugned judgment set aside an .....

Tags : Promotees, Seniority, Entitlement

Government of India, Government of Rajasthan and World Bank sign a $250 Million Agreement to Support Electricity Distribution Sector Reforms in Rajasthan(28.08.2018)

The Government of India, the Government of Rajasthan and the World Bank signed here today a $250 million Development Policy Loan (DPL) to support the .....

Tags : Agreement, Signing of, Electricity Distribution, Reforms

Government of India and the World Bank sign $300 Million Agreement to help scale-up India's Energy Efficiency Program(28.08.2018)

The Government of India and the World Bank signed here today a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy .....

Tags : Agreement, Signing of, Energy Efficiency Program

University Grants Commission (Minimum Standards and Procedure for Award of M.Phil/Ph.D Degrees) (1st Amendment) Regulations 2018(27.08.2018)

F. No. 1-1/2002(PS)Exempt(Pt.Fl.III) Vol-II.--In exercise of the powers conferred under clauses (f) and (g) of sub-section (1) of Section 26 of Univer.....

Tags : Amendment, Regulations, UGC

Bail decision must enter the cumulative effect of the variety of circumstances justifying the grant or refusal of bail(24.11.2020)

In present matter, based on a complaint, the police arrested the Petitioner in FIR registered under Section 304, 201 read with Section 34 of Indian Pe.....

Tags : Bail, Entitlement, Conditions

If transaction of payment of rent is not found bogus then disallowance of expenditure under Section 40A(2)(b) of IT Act is not warranted(27.11.2020)

The assessee filed its return of income for the assessment year under consideration under Section 139(1) of the Income Tax Act, 1961 declaring total i.....

Tags : Assessment, Disallowance, Legality

No additions could be based merely on doubts, conjectures or surmises(03.12.2020)

The assessee being resident corporate assessee is stated to be engaged in civil construction. It was assessed for year under consideration under Secti.....

Tags : Assessment, Additions, Legality

Mere passing of the detention order is not sufficient as other statutory provisions are also required to be complied with in scrupulous manner(01.06.2021)

The Petitioner has challenged detention order passed by the Respondent No. 2 under provisions of J&K Public Safety Act on the ground that, the order w.....

Tags : Placement, Relevant documents, Detention

Mere rejection of the explanation does not entail levy of penalty under Section 271(1)(c) of the IT Act(01.06.2021)

The Appellant is an individual engaged in the business of builders and land promoters. Present is an appeal filed by the assessee directed against the.....

Tags : Assessment, Penalty, Validity

In the absence of any new tangible material, the case could not be reopened on mere change of opinion(01.06.2021)

The material facts are that, the assessee being resident corporate assessee stated to be engaged in power generation, real estate, securities etc. was.....

Tags : Escapement, Income Reassessment, Legality

Amendment in Notification No. 34/2018-Central Tax, dated the 10th August, 2018(21.08.2018)

In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of t.....

Tags : Notification, Amendment, Central Tax

Drugs and Cosmetics (Seventh Amendment) Rules, 2018(21.08.2018)

Whereas a draft of certain rules further to amend the Drugs and Cosmetics Rules, 1945 was published as required under sections 12 and 33 of the Drugs .....

Tags : Draft, Amendment, Rules

Grant of benefits of higher pay scale to Central/State Government employees stand on different footing than grant of pay scale by an instrumentality of State(09.07.2021)

The present appeals are directed against an order passed by the Division Bench of the High Court whereby the writ petitions filed by the Respondents w.....

Tags : Pay-scale, Entitlement, Direction

Reopening on the basis of the report of Investigation Wing without independent application of mind by AO is not valid(07.07.2021)

In present case, the assessee is a company and had filed its return of income on 30th September, 2011 declaring a loss of Rs.3,91,500. The return was .....

Tags : Assessment, Re-opening, Validity

An order passed by the quasi-judicial authority should be in conformity with the principles of natural justice(06.07.2021)

In facts of the present case, the Appellant is an individual, who engaged in the business of Ferrous and Non-Ferrous Scrap Material. The return of inc.....

Tags : Assessment, Additions, Validity

India signs Financing Loan Agreement with the World Bank for US$ 74 Million for Uttarakhand Workforce Development Project (UKWDP)(18.09.2018)

A Loan Agreement for IBRD Credit of US$74 million equivalent for the Uttarakhand Workforce Development Project (UKWDP) was signed with the World Bank .....

Tags : Loan Agreement, World Bank, Project (UKWDP)

Amendment in Notification No. 50/2017-Customs, dated the 30th June, 2017(17.09.2018)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Cu.....

Tags : Amendment, Notification

Waiver of late fee paid under Section 47 of Central Goods and Services Tax Act, 2017 by the specified classes of taxpayers(04.09.2018)

In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recomm.....

Tags : Late fee, Payment, Waiver

RBI Working Paper No. 05/2018: India's Investment Cycle: An Empirical Investigation.(16.10.2018)

The Reserve Bank of India today placed on its website a Working Paper titled "India's Investment Cycle: An Empirical Investigation" under the Reserve .....

Tags : Series, Working Paper, India's Investment

An employee has a right to claim interest on delayed payment of retirement benefits(21.06.2021)

The writ Petitioner joined Durgapur Projects Limited, a Government of West Bengal Enterprise, on August 18, 1980. Durgapur Projects Limited is a State.....

Tags : Gratuity, Interest, Entitlement

Proviso 6 to Section 92 of Evidence Act is not applicable if the document is without any ambiguity(07.05.2021)

Present appeal is filed against the judgment of the Bombay High Court, in Second Appeal, wherein the second appeal was allowed in favour of the Respon.....

Tags : Agreement, license, Business

Provisions of compassionate appointment are applicable upon employees of the District Rural Development Agency(05.05.2021)

The writ Petitioner had challenged an order whereby claim for grant of compassionate appointment under the U.P. Recruitment of Dependents of Governmen.....

Tags : Compassionate Appointment, Rules, Applicability

LIBOR rate of interest is applicable while computing the notional interest on receivables from the associated enterprises (AEs)(07.05.2021)

The brief facts of the case are that, the assessee is a Private Limited company engaged in the business of manufacturing steel rods filed its return o.....

Tags : Assessment, Expenditure, Disallowance

AO gets jurisdiction to reopen assessment only after recording the reasons for reopening and thereafter, issuing notice under Section 148 of IT Act within prescribed time(05.05.2021)

The assessee individual, filed her return of income admitting income of Rs.2,27,890. AO received information that the assessee, along with 4 others, h.....

Tags : Re-assessment, initiation, Validity

Past history of assessee is a proper and reasonable guideline for estimation of income after rejection of books of account(15.07.2021)

The only issue arises in this appeal of the assessee is regarding addition made by Assessing Officer by applying net profit rate of 7% as against net .....

Tags : Assessment, Addition, Legality

In cases pertaining to heinous offences, especially those of non-bailable offences, bails should be granted in a judicious manner(10.05.2021)

The present petition has been preferred by the Petitioner seeking bail in FIR under Sections 323, 341 and 354 of Indian Penal Code, 1860 (IPC) and Sec.....

Tags : FIR, Bail, Entitlement

State is liable to compensate for loss or injury suffered by a citizen due to arbitrary action of its employees(11.06.2021)

Present writ petition has been filed praying for the issuance of writ, order or direction in the nature of mandamus directing the Respondents to give .....

Tags : Detention, Compensation, Entitlement

In exercise of jurisdiction vested in present Court under Article 227 of the Constitution, Court is not to reappraise facts(27.07.2021)

Present petition has been filed by the Plaintiff before the learned Trial Court under Article 227 of the Constitution of India, 1950 praying that the .....

Tags : Possession, Injunction, Entitlement

Emergency arbitrator’s award is enforceable under Section 17(2) of the Arbitration Act(06.08.2021)

In present case, proceedings were initiated by the Appellant, Amazon.com NV Investment Holdings LLC ["Amazon"] before the High Court under Section 17(.....

Tags : Emergency Arbitrator, Award, Enforcement

No bar in permitting amendment of pleadings or filing of additional documents in CIRP application under Section 7 of IBC(04.08.2021)

Present Appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) is against a judgment passed by the National Company Law Appellate T.....

Tags : Additional documents, CIRP, Bar

Quantification of penalty is dependent upon the additions made to the income of the assessee(02.08.2021)

Assessee is a company stated to be engaged in the business of carrying on infrastructure activities. Assessee filed its return of income for Assessmen.....

Tags : Assessment, Penalty, Validity

Court cannot allow Plaintiff to amend plaint under Order 7 Rule 11(D) of CPC(20.07.2021)

The Appellant is the Plaintiff in a suit instituted before the Civil Judge. The first Respondent filed an application for the rejection of the plaint .....

Tags : Plaint, Amendment, Powers

Pawnor, if not otherwise liable for the debt as a borrower or as a guarantor, does not merely from the act of pledging, become liable to pawnee, for anything more than the value of goods pledged(20.07.2021)

The legal question arising for consideration, in present writ petition under Article 226 of the Constitution of India, is, whether by virtue of Sectio.....

Tags : Debt, Payment, Liability

Penalty levied shall be cancelled, where as a result of final order, the amount of tax, with respect to the default in payment of which the penalty was levied, has been wholly reduced(20.07.2021)

Both the appeals filed by the respective assessees are directed against the orders passed by Learned Commissioner of Income Tax [CIT(A)] in their resp.....

Tags : Assessment, Penalty, Levy

Writ petition is maintainable if Assessment Order passed without complying with the procedure laid down in the Scheme and in violation of principles of natural justice(14.07.2021)

Present petition has been filed by the Petitioner challenging the Assessment Order passed under Section 143(3) read with Sections 143(3A) and 143(3B) .....

Tags : Assessment, Procedure, Compliance

Explanation 3C to Section 43B (d) of the IT Act is 'clarificatory' and does not add a new condition retrospectively(11.08.2021)

The question raised in present appeals is with particular reference to Section 43B Explanation 3C of the Income Tax Act, 1961 [IT Act]. On 28th Novemb.....

Tags : Assessment, Clarificatory provision, Applicability

When the notice issued by the AO is vague and ambiguous, the penalty proceedings initiated under Section 271(1)(c) of IT Act are not sustainable(13.08.2021)

In facts of present case, on the basis of assessment framed under Section 143(3) of Income Tax Act, 1961, penalty proceedings have been initiated for .....

Tags : Assessment, Penalty, Legality

In the absence of any other method prescribed under the Rules concerned, change of leader has to be in the same democratic process of induction(01.09.2021)

The Appellant has approached present Court being aggrieved by the judgment and order passed by the High Court, thereby dismissing the writ petition ch.....

Tags : Appointment, Procedure, Legality

Quantum proceedings and penalty proceedings are independent and so, distinct proceedings and confirmation of an addition cannot, on a standalone basis, justify upholding of a penalty(02.09.2021)

By present miscellaneous application, the applicant revenue seeks to recall order passed, wherein the revenue's appeal was summarily dismissed on acco.....

Tags : Assessment, Penalty, Upholding of

Liability appearing in the Balance Sheet tantamount to acknowledgement of debt(02.09.2021)

In facts of present case, an amount of Rs. 6,03,90,079 was disallowed under Section 41(1) of the Income Tax Act, 1961 (IT Act) and added to the total .....

Tags : Assessment, Addition, Liability

If the tenancy claim is for any term exceeding one year, the tenancy can be made only by a registered instrument(17.08.2021)

Present appeals are directed against the Orders passed by the Chief Metropolitan Magistrate, rejecting the Application filed by the Appellant herein f.....

Tags : Registered instrument, Requirement, Tenancy claim

Concealment of income can be levied only in cases where the concealment has been proved(26.07.2021)

Assessee is a company who filed its return of income for A.Y. 2008-09, declaring total income of Rs.1307,37,84,038. Thereafter, assessee filed revised.....

Tags : Assessment, Penalty, Levy

A motor accident claim petition does not abate even after the death of the injured claimant(16.08.2021)

The original claimant was severely injured in a motor accident on 2nd May, 1999. He filed a claim for compensation under Section 166(1)(a) of the Moto.....

Tags : Enhancement, Compensation, Legality

Non-consideration of reply filed by the assessee amounts to violation of the principles of natural justice(17.06.2021)

The Appellant, a dealer of printers, peripherals and its parts has approached present Court challenging Exhibit P4 order of assessment issued by the S.....

Tags : Assessment, Natural Justice, Principles

Right to food is a fundamental right of every human without which the dignified existence of human beings is inconceivable.(24.05.2021)

Present matter is related to Order issued by State Government to give preference to Self-help group in allotment of fair price shop. The Allahabad Hig.....

Tags : Fair price shops, Allotment, public distribution system

Retrenchment of a workman without complying with conditions mentioned under Section 25-F (a) and (b) of the ID Act, 1947, would not result in reinstatement of workman(29.06.2021)

Present Letters Patent Appeal is directed against the judgment passed by the learned Single Judge of present Court. A short question, which arises for.....

Tags : Retrenchment, Compensation, Entitlement

Delivery of cover is immaterial and if department could establish that, notice was dispatched before expiry of limitation, it would be sufficient to meet the requirement of Section 149 of IT Act(28.06.2021)

The notice issued under Section 148 of the Income Tax Act, 1961 (IT Act) in proceeding as well as the impugned letter issued by the 2nd Respondent are.....

Tags : Assessment, Notice, Jurisdiction

If the contract prohibits pre-reference and pendente lite interest, the arbitrator cannot award interest for the said period(04.10.2021)

Present appeal is directed against the Order of the Division Bench of the High Court whereby it has upheld the judgment of the learned Single Judge re.....

Tags : Award, Interest, Entitlement

India and Kazakhstan agree to boost Defence and Military Technical Cooperation(04.10.2018)

Raksha Mantri Smt Nirmala Sitharaman was on a three-day visit to Astana, Kazakhstan from October 02, 2018 at the invitation of Minister of Defence of .....

Tags : Defence, Military Cooperation, Agreement

When assessee is a capital service provider, there is no necessity to provide negative working capital adjustment(09.08.2021)

Two issues raised in present case is namely-- (i) Assessee's prayer regarding inclusion of Crystal Voxx Limited in the final list of comparable compan.....

Tags : Assessment, List, Comparable companies

Courts exercising judicial review cannot second guess the suitability of a candidate for any public office or post(25.08.2021)

The Commissioner of Police, Delhi (“the Appellant”) is in appeal, aggrieved by a common judgment of the High Court by which the Respondents (“candidat.....

Tags : Appointment, Direction, Legality

Asian Development Bank and India sign $150 Million Loan to Improve Regional Connectivity(01.10.2018)

The Asian Development Bank (ADB) and the Government of India signed here today a $150 Million Loan to finance continued improvements to road connectiv.....

Tags : Loan, Signing of, Improvement, Regional Connectivity

Court has discretion to insist on a Bank Guarantee from any specific bank or class of banks to safeguard the interest of beneficiary of Bank Guarantee(24.08.2021)

Present appeals are against a judgment passed by the High Court, dismissing the Appeal filed by the Appellant under Section 37 of the Arbitration and .....

Tags : Bank Guarantee, Replacement, Direction

Any written communication is deemed to have been received, if it is delivered to the addressee personally or at his place of business, habitual residence address or mailing address(23.08.2021)

The Petitioner, a company incorporated under the Companies Act, 1956, has filed the present petition under Section 11(6) of the Arbitration and Concil.....

Tags : Dispute, Appointment, Arbitrator

Courts should refrain from appreciating the evidence, while considering the bail application(23.08.2021)

The Petitioner has filed the present bail application seeking bail in a case arising out of FIR registered for commission of offences punishable under.....

Tags : Bail, Proceedings, Entitlement

Examination for Confirmation of Enrollment of GST Practitioners(10.10.2018)

The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) is conducting an examination for confirmation of enrolment of Goods and Services.....

Tags : Enrollment, GST Practitioners, Examination

Cabinet approves Memorandum of Cooperation between India and Finland on Environmental Cooperation(10.10.2018)

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved Memorandum of Cooperation between India and Finland on Environmental .....

Tags : Environment, Protection, Co-operation, Approval

The amounts received by the assessee on account of sale of software and other incidental receipts would not constitute royalty within the meaning of Section 9(1)(vi) of IT Act(25.08.2021)

The assessee is a foreign company. It is engaged in the business of development and licencing of software products. During the relevant assessment yea.....

Tags : Assessment, Royalty, Inclusion

Initiation of proactive steps after the assessment of financial markets(27.09.2018)

Based on its assessment of the financial markets, the Reserve Bank of India has taken several proactive steps in the last few days. The Reserve Bank h.....

Tags : Proactive steps, Initiation, assessment, Financial markets

Amendment of import policy condition of Pet Coke(23.10.2018)

In exercise of powers conferred by Section 3 of the FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as a.....

Tags : Import policy, Pet Coke, Amendment

Waiver of loan amount cannot be brought to tax as same is on capital account and not in the nature of income(24.08.2021)

In facts of present case, the assessee is a limited company engaged in manufacturing and trading of PVC Foam sheets. The assessee has e- filed return .....

Tags : Assessment, Addition, Legality

Where initiation of penalty is one limb and the levy of penalty is on other limb, then in the absence of proper show cause notice to the assessee, there is no merit in levy of penalty(27.09.2021)

Assessee is an individual stated to be engaged in the business of financial services and facilitates loans to various clients from financial instituti.....

Tags : Assessment, Penalty, Legality

Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit(29.11.2018)

1. Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest Equalisation Scheme on Pre and Post Shi.....

Tags : Equalisation Scheme, Interest, Shipment, Export Credit

Appointment of Shri Rangachari Sridharan as the Chairperson, the National Financial Reporting Authority(28.11.2018)

In exercise of the powers conferred by sub-section (3) of section 132 of the Companies Act, 2013 (18 of 2013), the Central Government vide office orde.....

Tags : Appointment, Chairperson, NFRA

Exemption under Sections 11 and 12 of the IT Act is available as Assessee is not engaged in trade, commerce and business and its dominant and prime objective is charitable in nature(24.09.2021)

In present matter, Assessee being a society registered under Societies Registration Act is also granted registration under section 12A of the Income-t.....

Tags : Assessment, Exemption, Entitlement

Person accused of abetment of suicide must have played an active role to attract Section 306 of IPC(14.09.2021)

The Supreme Court, while deciding on a matter concerned with Abetment of Suicide has observed that mere quarrel on the day of occurrence of suicide ca.....

Tags : Abetment to suicide

Advocates with a minimum 10 years of experience could be considered for appointment to Tribunals as members.(14.09.2021)

The Bombay High Court has struck down certain provisions of the new Consumer Protection Rules, 2020, framed under Section 101 of the Consumer Protecti.....

Tags : Appointment, Prior experience

Existence of necessary connection between the activities of foreign-seated defendants to target Indian customer must be established(26.10.2021)

The Plaintiff is a company incorporated in India. The Plaintiff seeks a permanent injunction, restraining the Defendants from using the trademark "TAT.....

Tags : Infringement, Injunction, Entitlement

Sole Arbitrator, who was appointed by designation, can continue the arbitration proceedings even after his retirement and can pass the award(20.09.2021)

A contract was entered into between the parties regarding the earthwork vide agreement dated 06.02.1988. During the contract work, various disputes an.....

Tags : Sole Arbitrator, Retirement, Continuation of Proceedings

Reinstatement with full back wages is not automatic in every case of unlawful termination/ dismissal(20.09.2021)

The present appeal has been preferred by the Appellant-Bank against the order passed by High Court quashing the Industrial Tribunal’s order of directi.....

Tags : Reinstatement, Compensation

Approval for a resolution in the First Assembly of ISA for amendment of the Framework Agreement(01.11.2018)

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given ex-post facto approval for moving a Resolution in the first Assembly of the I.....

Tags : Resolution, Approval, Framework Agreement, Amendment

Extension of date for implementation of the Track and Trace system for export of Pharmaceuticals and drug consignments(01.11.2018)

In exercise of the powers conferred under Paragraph 2.04 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Director General of F.....

Tags : Implementation, Trace system, Export, Pharmaceuticals

India and Morocco sign Agreement on Mutual Legal Assistance in Criminal Matters(12.11.2018)

An Agreement on Mutual Legal Assistance in Criminal Matters was signed by Shri Kiren Rijiju, Minister of State for Home on behalf of the Government of.....

Tags : Criminal Matters, Assistance, Agreement

Cabinet approves Agreement between India and Morocco on Mutual Legal Assistance in Criminal Matters(01.11.2018)

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Agreement between India and Morocco on Mutual Legal Assistance in Crim.....

Tags : Agreement, Legal Assistance, Criminal Matters

India gets UN Environment award for combating trans-boundary environmental crime(22.11.2018)

United Nation Environment has awarded Wildlife Crime Control Bureau (WCCB), Ministry of Environment, Forest and Climate Change, Government of India wi.....

Tags : Award, Trans-boundary, Environmental crime

Draft Notification proposing Amendment of Rules 2C, 2CA and 11AA and for Nos. 10G, 56 and 56G of the Income-Tax Rules, 1962 placed in public domain for inputs from stakeholders and general public(29.10.2018)

Currently, for grant of approval under sub-clauses (iv) and (v) of clause (23C) of Section 10 of the Income-tax Act, 1961 (the Act), for exemption of .....

Tags : Draft Notification, Amendment, Income-Tax Rules

Receipt of the order passed under Section 263 of the IT Act by the assessee has no relevance for the purpose of counting the period of limitation(07.10.2021)

The Assessing Officer (AO) passed an assessment order under Section 143 (3) of the Income Tax Act ( IT Act) for the assessment year (AY) 2008-¬09 vide.....

Tags : Income, Assessment, Time period

Retrospective provision in a taxing Act which is "for the removal of doubts" cannot be presumed to be retrospective, if it alters or changes the law as it earlier stood(14.10.2021)

The assessee has filed present appeal challenging the order passed by Learned Commissioner of Income Tax [CIT(A)], National Faceless Appeal Centre and.....

Tags : Assessment, Disallowance, Legality

Without serving enhancement notice, it is settled position of law that, no enhancement can be made by the CIT(A)(11.10.2021)

In facts of present case, the assessee is an individual. For the assessment year 2012-2013, the return of income was filed declaring total income of R.....

Tags : Assessment, Addition, Legality

Morocco and India agree to assist in Legal and Commercial Matters, NIC to support Modernization of Courts(13.11.2018)

Morroco & India yesterday signed an agreement to further mutual legal assistance in Civil & Commercial Courts. Union Minister of Law & Justice and Ele.....

Tags : Commercial Matters, Assistance, Agreement

No power under the Employees' State Insurance Act to statutory interest(29.10.2021)

In facts of present case, by a notice dated 6th April 1990, a demand was made by the Insurance Corporation in the sum of Rs.8,01,510 by way of contrib.....

Tags : Interest, Waiver, Entitlement

Only the legally wedded is entitled to a family pension, if governed by Maharashtra Civil Services (Pension) Rules, 1982(28.10.2021)

In present writ petitions, the Petitioners are widows. They had performed the second marriage during the subsistence of the first marriage of their hu.....

Tags : Rules, Pension, Entitlement

Hostel facility is incidental to achieve the object of providing education and comes under charitable purpose which is exempt under Section 11 of IT Act(03.11.2021)

The assessee society is duly registered with the Registrar of Society, Uttar Pradesh and the renewal was granted vide letter dated 6th February, 2012 .....

Tags : Assessment, Additions, Validity

Arbitrator either has to be appointed with the consensus of the parties or by present Court(22.11.2021)

By way of present petition, Petitioner is seeking appointment of an independent Arbitrator under the provisions of Section 11 of the Arbitration and C.....

Tags : Arbitrator, Appointment

Representation from all India Saccharin manufacturing Association-implementation of Hon'ble Gujarat High Court order dated 07.02.2018 in Special Civil Application No. 1399 of 2018(25.10.2018)

Kind attention is invited to the Civil Notice dated 12.02.2018 in the Special Civil Application No. 1399/2018 in the Hon'ble High Court of Gujarat and.....

Tags : Representation, Association, Order, Implementation

Even in absence of specific letter for payment of duty under protest, the payment of duty for which refund sought can be treated under protest(02.12.2021)

The issue involved in the present case is that whether the Appellant's refund claim is hit by limitation and whether in absence of any specific letter.....

Tags : Duty, Payment, Refund

In comparative advertising, the comparing of one's goods with that of the other and establishing the superiority of one's goods over the other is permissible, without defaming goods of others(09.11.2021)

It is the case of the Plaintiff that, it is an internationally renowned company and is involved in the manufacturing of a famous toilet cleaner under .....

Tags : Advertisement, Product, Disparage

Law/Rules regarding Appointment and Reservation(12.12.2018)

Instructions provide for appointment of Liaison Officers in each Ministry/Department to ensure effective implementation of the reservation policy for .....

Tags : Appointment, Reservation, Rules

Issue of arbitrability of the dispute over non-renewal of the lease is within the realm of the Arbitral Tribunal/Arbitrator(18.08.2022)

Present appeals are against a common judgment passed by the High Court allowing Arbitration Appeal filed by the Respondents, setting aside the impugne.....

Tags : Dispute, Arbitrator, Appointment

Cabinet approves Memorandum of Understanding among BRICS Nations on Environmental Cooperation(24.10.2018)

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for Memorandum of Understanding (MoU) signed .....

Tags : MOU, Approval, Environmental Co-operation

Burden is on the assessee to establish identity, creditworthiness and genuineness of the transaction for sum credited in the books of accounts to the satisfaction of the Assessing Officer(10.08.2022)

The assessee is an individual, who has not filed return under Section 139 of the Income Tax Act, 1961 (IT Act). Search and seizure operation under Sec.....

Tags : Assessment, Transaction, Genuineness

Implementation of Swaminathan Committee Report(12.12.2018)

Government fixes-the Minimum Support Prices (MSPs) of various agricultural crops on the recommendations of the Commission for Agricultural Costs & Pri.....

Tags : Committee, Report, Implementation

Shri Shaktikanta Das appointed as Governor of RBI(12.12.2018)

Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India .....

Tags : Governor, RBI, Appointment

Club Membership Fees for subscription is allowable as a business expenditure(17.08.2022)

Assessee is a chartered accountancy firm engaged in providing services in the field of Assurance, Risk Advisory, Tax Advisory, Corporate Advisory and .....

Tags : Assessment, Disallowance, Legality

Cabinet apprised of Agreement between India and Uzbekistan on Cooperation in the field of Science, Technology and Innovation(22.11.2018)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of an Agreement on Cooperation in the field of Science, Technolog.....

Tags : Agreement, Science, Technology, Innovation

Cabinet approves signing of Bilateral Investment Agreement between India Taipei Association in Taipei and the Taipei Economic and Cultural Center in India(24.10.2018)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Bilateral Investment Agreement (BIA) between India Taip.....

Tags : Investment Agreement, Bilateral, Approval

No debatable issue can be considered while doing adjustment under Section 143(1)(a) of IT Act(10.08.2022)

The assessee-company filed its return of income under Section 139(1) of Income Tax Act, 1961 (IT Act) declaring total income at Rs. 6,34,38,721 under .....

Tags : Assessment, Deduction, Disallowance

Unless the disability is attributable to or aggravated by military service and is more than 20%, the entitlement to disability pension does not arise(18.07.2022)

The Appellants, Union of India and three others, have taken an exception to the judgment and order of the Armed Forces Tribunal. By the impugned judgm.....

Tags : Disability pension, Payment, Direction

IBBI notifies the Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018(23.10.2018)

The Insolvency and Bankruptcy Code, 2016 (Code) is a modern economic legislation. Section 240 of the Code empowers the Insolvency and Bankruptcy Board.....

Tags : Regulations, Amendment, Notification

Tribunal has power under Section 11A of ID Act to interfere with the punishment inflicted on an employee by the Management(12.09.2022)

The Petitioner in the present Writ Petition is aggrieved by the Award passed by the Presiding Officer. Vide the impugned Award, the learned Industrial.....

Tags : Reinstatement, Workman, Legality

Performing Animals (Registration) (Amendment) Rules, 2018 - draft(28.11.2018)

The following draft of certain rules, which the Central Government proposes to make in exercise of the powers conferred under section 38 of the Preven.....

Tags : Rules, Amendment, Animals

Government of India and Asian Development Bank (ADB) Signs $75 Million Loan to Improve Urban Services in 4 Karnataka Towns(27.11.2018)

Government of India and the Asian Development Bank signed a $75 million loan here today to provide 24 x7 water supply in Karnataka's four coastal town.....

Tags : Urban Services, Improvement, Loan

Court may exercise powers under Article 226 of the Constitution to provide appropriate relief when it is established that there is a manifest error in evaluation of examination papers(12.09.2022)

The Petitioner has filed the present petition under Article 226 of the Constitution of India, 1950 praying that direction be issued to the Respondent .....

Tags : Re-evaluation, Answer-sheets, Entitlement

Defence Procurement from Private Sector(02.01.2019)

Capital procurement of defence equipment from domestic and foreign vendors is undertaken as per the extant Defence Procurement Procedure (DPP). During.....

Tags : Defence, Procurement, Private Sector

Impact of Trade Agreements(01.01.2019)

Some industry associations including those relating to steel have expressed concerns on imports under bilateral free trade agreements with Japan, Kore.....

Tags : Trade Agreements, Impact, Exports, Imports

Scope of judicial review is limited to the deficiency in decision making process and not the decision(20.06.2022)

The sum and substance of the grievances of the Petitioners is that, their names have not been included in the final selection list by the Selection Co.....

Tags : Selection criteria, Eligibility, Entitlement

Total period for which management of educational institution can be taken over cannot exceed five years(04.07.2022)

The management of the educational institution run by the Petitioner-Society was taken over for a period of two years pursuant to an order passed under.....

Tags : Appointment, Administrator, Time period

In the absence of fresh tangible material, the action under Section 147 of the IT Act by the AO is not tenable(20.05.2022)

The case of the assessee has been taken up for scrutiny and assessment order under Section 153A read with 143(3) of the Income Tax Act, 1961 (IT Act) .....

Tags : Assessment, Reopening, Legality

Compassionate ground is a concession and not a right(30.09.2022)

The original Appellants have preferred the present appeal dissatisfied with the impugned judgment passed by the High Court by which the High Court has.....

Tags : Appointment, Direction, Legality

High Court can interfere into the order of Trial Court in the revisional jurisdiction only when Trial Court has exercised jurisdiction not vested in it by law(05.07.2022)

The present petition has been filed challenging the order whereby the learned Trial Court has rejected the request of the Petitioner for appointment o.....

Tags : Appointment, Local Commissioner, Jurisdiction

Once it is proved that, debit/credit note have been acted upon and the incidence of duty earlier passed on, have been neutralised, refund would be admissible(04.07.2022)

The issue in present appeal is whether the refund claim filed by the Appellant for excess duty paid due to price revision with retrospective effect, w.....