Search Results for Tag : Rates
Judgments
Judicial/Executive Magistrate empowered to issue directions to any person including accused to give specimen signatures and handwriting during the investigation of case.(25.07.2016)
A government scheme was launched for providing loans at the cheaper interest rates to poor persons living below the poverty line to enable them to pur.....
Tags : Magistrates, issuance of directions, power
Executive orders or circulars in the absence of any legislative competence cannot be made applicable with retrospective effect(22.09.2022)
The instant batch of appeals has been preferred by the Appellant, Bharat Sanchar Nigam Ltd. assailing the judgment passed by the Telecom Disputes Sett.....
Tags : Circular, Rates, Applicability
Top Story
GST council announced reduction in tax rates(10.11.2017)
In a significant relief to citizens, GST council in the meeting held on 10th November, 2017 has announced slashed GST rates on various goods and servi.....
Tags : GST, Rates, Reduction
Increased Tax Collection at Source rates set to apply from 1st October, 2023(28.06.2023)
Certain changes were announced to the system of Tax Collection at Source (TCS) on payments under the Liberalised Remittance Scheme (LRS) and on overse.....
Tags : TCS, Rates, Applicability
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
GST Council Seals Rates for Goods & Services, Paves Way For July 1 Roll out of GST Regime in India(18.05.2017)
GST Council headed by Union Finance Minister Arun Jaitley has finalized tax rates for over 1,200 items, at a meeting held in Srinagar. GST will repla.....
Tags : GST, Rates, Fixation
RBI’s Monetary Policy Committee decides to keep policy repo rates unchanged(05.04.2024)
The Monetary Policy Committee (MPC) at its meeting on 5thApril 5, 2024decided to keep the policy repo rate under the liquidity adjustment facility (LA.....
Tags : MPC, Repo rates, LAF
Notifications & Circulars
Additional Provisions For Standard Advances At Higher Than The Prescribed Rates(18.04.2017)
Please refer to paragraph 5 of the Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advan.....
Tags : Additional provisions, Rates, High
Government Reduces the Rate of ESI Contribution from 6.5% to 4%(13.06.2019)
The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers' contribution bei.....
Tags : Rates, Reduction, ESI Contribution
Lower rate of EPF subscription 10% with EPFO notified placing higher liquidity in the hands of employees and employers during COVID-19 pandemic(19.05.2020)
Government Sector, their PSEs and establishment whose subscription is being borne by Union Government under PMGKY continue to have subscription at old.....
Tags : EPF subscription, Rates, Liquidity
News
#GST: Council Freezes Rates For About 1,200 Items, 12-18% GST Rate For Most Products(19.05.2017)
GST Council has approved rates for 1,211 item, rates of leftover six categories are yet to be finalized. Most FMCG items to become cheaper, Small cars.....
Tags : GST, Rates, GST Council
#OneNationOneTax: GST Council Paves Way for Lower Burden on Average Household(19.05.2017)
Tax Free Items: Milk, Jaggery, Cereals, Fruit & Vegetables, Pulses.
Rate of 5%: Coffee, Tea, Sugar, Edible Oil, Coal, Indian Sweets.
Rate of 18%: Ch.....
Tags : GST, Rates, GST Council
#OneNationOneTax: Consensus Builds in Srinagar Meet on July 1 GST Rollout(19.05.2017)
GST Council has decided tax rates for 1211 items of goods and services, of which 7% will be exempted, 14% will fall in the 5% slab, 17% in the 12% sla.....
Tags : GST, Rates, GST Council
#GST: Council Finalizes GST Rates For 1,211 Items, Items of Daily Use to Attract Lower Tax Rate(19.05.2017)
GST Council has finalized tax rates for over 1,200 items, wherein a consensus was drawn to exempt or lower taxes on several items of daily use.
Tags : GST, Rates, GST Council
#GST: Council Seals Four Tier Tax Slab For Services, 13 in 5% Bracket, Education, Healthcare Exempted(22.05.2017)
GST Council has finalised tax rates for services. Education and healthcare have been exempted from GST regime. Telecoms and financial services will be.....
Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services
#GST: Council Exempts 83 Services From GST Regime, Fits About 500 Services Under Four Slabs(22.05.2017)
Rail, air and road transport will fall in the 5 per cent tax slab. Hotels with tariff under Rs 1,000 will be exempt from GST, those between Rs 1,000-2.....
Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services
Amendments to the All Industry Rates of Duty Drawback effective from 15.07.2020(15.07.2020)
1. Government has made certain amendments in the All Industry Rates (AIRs) of Duty Drawback vide Notification No. 56/2020-Customs (N.T.) dated 13.07.2.....
Tags : Amendments, Industry Rates, Duty Drawback
Liquidity Adjustment Facility- Change in rates(04.05.2022)
1. As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Re.....
Tags : Liquidity Adjustment Facility, Change, Rates
Mumbai Court Grants Bail to Key Accused in Clubhouse App Case(01.04.2022)
Mumbai Metropolitan Magistrates Court has granted bail to 18-year old Akash Suyal, martyred Army officer's son and creator of chat room on Clubhouse, .....
Tags : Metropolitan Magistrates Court, Clubhouse App Case
RBI Slashes Key Rate 40 Basis Points to New All-Time Low(25.05.2020)
Reserve Bank of India has cut key interest rates by 40 basis points to a new low of 4%, citing an assessment of Gross Domestic Product contraction in .....
Tags : Reserve Bank of India, Interest Rates
Bombay HC: Appeal from Order Passed by CESTAT on Rates of Duties Would Lie Before Supreme Court(15.04.2022)
Bombay High Court has ruled than an appeal from an order passed by the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), involving the questi.....
Tags : Bombay High Court, Appeal from Order Passed by CESTAT, Rates of Duties
SC Upholds Appointment of 66 Kerala Munsiff Magistrates from 2013(08.10.2018)
Supreme Court has held that the Kerala High Court was justified in making appointments of 66 munsiff magistrates selected pursuant to the advertisemen.....
Tags : Supreme Court, Munsiff Magistrates
SC Directs RBI to Inform About Plan on Lowering of Floating Rates for Loans(08.10.2018)
Supreme Court has required the Reserve Bank of India to convey its decision as to the lowering of floating rates for loans to the advantage of the con.....
Tags : Supreme Court, RBI, Floating Rates
MP HC Asks State to Issue Directions to Every Hospital to Display Rates for Treatment(10.09.2020)
Madhya Pradesh High Court has directed the State Government to issue directions to every Hospital, including Private Hospitals, to display the rates f.....
Tags : Madhya Pradesh High Court, Display of Rates of Treatment
Liquidity Adjustment Facility - Change in rates(08.06.2022)
1. As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Re.....
Tags : LAF, Change, Rates
Interest rates for Small Savings Schemes(09.02.2017)
Please refer to circular DGBA.GAD.881/15.02.005/2016-17 dated October 13, 2016 on the above subject. The Government of India, had vide their Office Me.....
Tags : Saving schemes, Interest rates
I and B Ministry hikes advertisement rates for print media by 25%(08.01.2019)
Ministry of Information & Broadcasting has taken a decision to revise the advertisement rates for print media by announcing a hike of 25% over and abo.....
Tags : Advertisement rates, Print media, Hike
Lending and Deposit Rates of Scheduled Commercial Banks - January 2023(31.01.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of Janua.....
Tags : Lending, Deposit Rates, Commercial Banks
RBI announces rate of interest on Floating Rate Bonds, 2020(20.06.2019)
The rate of interest on the Floating Rate Bonds, 2020 (FRB 2020) applicable for the half year June 21, 2019 to December 20, 2019 shall be 6.13% per an.....
Tags : Interest rates, Rate Bonds, Announcement
Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than instant coffee) and Milk Powder(25.05.2017)
1. Sugar: Sugar attracts specific central excise duty of Rs.71 per quintal plus Sugar Cess of Rs.124 per quintal, which translates to ad valorem rate .....
Tags : GST, Rates, Products
Bombay HC Stays State Government's Notification Fixing Maximum Rates for Non-Covid Patients(28.09.2020)
Bombay High Court has stayed the operation of the State Government's notification wherein the maximum rates chargeable for treatment of Non-Covid pati.....
Tags : Bombay High Court, Fixing of Rates for Non-Covid Patients
Madras HC Expresses Concern over Increase in Crime Rates For Gain(02.01.2017)
Madras High Court, while expressing concern over increasing number of murders for gain being reported from various parts of State, has observed that r.....
Tags : Madras HC, Crime Rates
Delhi High Court Refuses to Stay Notification on Circle Rates(21.08.2015)
Delhi High Court has refused to stay a notification that tripled circle rates of agricultural land in national capital.
Tags : Delhi High Court ,Circle Rates
Gujarat HC Refers Subsidised Rates Allotment of Plots Case Involving Judges to Larger Bench(12.08.2015)
Gujarat High Court has referred case dealing with allotment of residential plots to judges by Gujarat Government in a posh locality at subsidised ra.....
Tags : Gujarat High Court , Subsidised Rates Residential Plots Allotment
Delhi High Court Dismisses Petition Against AAP Govt's Order on Circle Rates(17.08.2015)
Delhi High Court has dismissed a PIL against an AAP Government notification enhancing circle rates of agricultural land in the capital by three times.
Tags : Delhi High Court,AAP Government,circle rates of agricultural land
RBI Hikes Key Rate By 0.50% To Pre-Pandemic Levels(05.08.2022)
Reserve Bank of India (RBI) has increased its key lending rates by 50 basis points to pre-pandemic levels of 5.40 per cent in an attempt to control th.....
Tags : Reserve Bank of India, Lending Rates, Inflation
J&K HC Stays Levy of Revised Stamp Duties on Registration of Documents(05.02.2021)
Jammu and Kashmir High Court has stayed a circular that issued revised stamp duty rates to be levied during registration of documents in an order on a.....
Tags : Jammu and Kashmir High Court, Revised Stamp Duty Rates
RBI announces Marginal Cost of Funds Methodology for Interest Rate on Advances(17.12.2015)
The Reserve Bank of India has released final g.....Tags : Interest rates, marginal cost, rbi
Lending and Deposit Rates of Scheduled Commercial Banks - September 2023(28.09.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of Septe.....
Tags : Scheduled Commercial Banks, Lending Rates, Deposit Rates
Dollar linked coastal tariff put in abeyance(16.05.2016)
The Ministry of Shipping has put on hold instructions requiring coastal vessels take into account exchange rate fluctuations between the rupee and the.....
Tags : Shipping, coastal rates, dollar linked
Lending and Deposit Rates of Scheduled Commercial Banks - November 2023(30.11.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the mo.....
Tags : Lending rates, Deposit Rates, Commercial Banks
RBI’s first monetary policy statement in 2016(05.04.2016)
The Reserve Bank of India reduced its rate under the liquidity adjustment facility to 6.5 per cent and the cash reserve ratio to 90 per cent – a massi.....
Tags : Rbi, interest rates, liquidity
#GST Council: Legal Services, Education, Health are Tax Free Under GST(22.05.2017)
Services by Government, Local authorities, RBI, educational institutions, incubate, services by way of slaughtering animals, insurance services and se.....
Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services
Odisha Paves Way For July 1 GST Rollout, Passes State GST Bill(22.05.2017)
Odisha State Legislative assembly has unanimously passed State Goods and Services Tax (SGST) Bill, 2017 and VAT Bill, 2017.
Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services
Del. HC: State Can't Deny Reimbursement on Ground Hospital Charged Amount Exceeding Approved Rates(10.01.2023)
Delhi High Court has held that reimbursement of medical expenses under Central Government (Medical Attendance) Rules, 1944 can’t be denied on the grou.....
Tags : Delhi High Court, Medical Reimbursement, Approved Rates
Supreme Court: Corporates Appear to Have Penetrated Judiciary to Manipulate Court Orders(09.05.2019)
Supreme Court expressed “shock” at how the Court order was changed in an instance where a direction to six suppliers of Amrapali to appear before the .....
Tags : Supreme Court, Corporates
Govt Tightens Noose For July 1 GST Roll Out, Revises Rates For 66 Items, Eases Bizz Rules(12.06.2017)
Government has decided to lower rates on 66 goods and services, from pickles and cheaper cinema tickets to insulin and instant food mixes and also eas.....
Tags : GST, Rates, GST Council
Kerala HC Directs State to File Statement on Issue of Reducing Rates of RT-PCR Test(05.05.2021)
Kerala High Court has directed the State to file a statement listing out on what legal basis the state government decided to issue an order reducing t.....
Tags : Kerala High Court, Reducing Rates of RT-PCR Test
Interest rates for Small Savings Schemes(11.01.2018)
1. Please refer to our circular DGBA.GBD.954/15.02.005/2017-18 dated October 12, 2017 on the above subject. The Government of India, had vide their Of.....
Tags : Interest, Rates, Schemes
Lending and Deposit Rates of Scheduled Commercial Banks - January 2024(31.01.2024)
Highlights:
Lending Rates:
• The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.32 per cent in Decembe.....
Tags : Lending rates, Deposit Rates, Highlights
Lending and Deposit Rates of Scheduled Commercial Banks-March 2024(28.03.2024)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the mo.....
Tags : Lending rates, Deposit Rates, SCBs
Kerala HC Warns Private Hospitals Against Charging Exorbitant Rates on COVID Treatment(11.05.2021)
Kerala High Court has cautioned hospitals to abide by the rates notified by the government in its order, giving strong warning to hospitals for overch.....
Tags : Kerala High Court, Exorbitant Rates on COVID Treatment
NGT to DM Prayagraj & Kaushambi: Take Action Against Alleged Illegal Sand Mining in Yamuna(10.04.2023)
National Green Tribunal, Principal bench has directed District Magistrates of Prayagraj and Kaushambi districts in Uttar Pradesh to take action agains.....
Tags : National Green Tribunal, Illegal Sand Mining, Yamuna, District Magistrates
#OneNationOneTax: GST Council Revises Tax Rates For Restaurants, Seals Rates for Lotteries(19.06.2017)
Goods and Services Tax (GST) Council has fixed cost of eating out at restaurants at 18%, down from 28% decided earlier. Council has fixed tax of state.....
Tags : Goods and Services Tax, GST Rates
P&H HC Issues Directions on RAT and RTPCR Test Rates in State(28.05.2021)
Punjab and Haryana High Court has issued slew of directions on the aspects concerning uniformity in rates of RAT and RTPCR in States including Punjab,.....
Tags : Punjab and Haryana High Court, RAT and RTPCR Test Rates in State
Reserve Bank Cuts Key Lending Rates by 0.35%(07.08.2019)
Reserve Bank of India's Monetary Policy Committee (MPC) has cut key interest rate for the fourth consecutive time by 35 basis points or 0.35 per cent .....
Tags : Reserve Bank, Lending Rates
Rajasthan HC Directs to Conduct Training of Principal Magistrates in JJ Boards(15.07.2021)
Rajasthan High Court has directed Child Rights Department of the State Government to ensure that a training programme is conducted for Principal Magis.....
Tags : Rajasthan High Court, Training of Principal Magistrates in JJ Boards
Gauhati High Court Directs State to Reconsider Maximum Rates Fixed for COVID Treatment(28.06.2021)
Gauhati High Court has directed the State Government to reconsider the maximum rates fixed by it for Covid-19 treatment in private hospitals, making a.....
Tags : Gauhati High Court, Maximum Rates Fixed for COVID Treatment
Chhattisgarh HC Issues Practice Directions to Magistrates Trying Offences Under NI Act(05.07.2021)
Chhattisgarh High Court has issued practice directions to Magistrates and Trial Courts having jurisdiction to try offences under the Negotiable Instru.....
Tags : Chhattisgarh High Court, Practice Directions to Magistrates Trying Offences Under NI Act
Cal. HC: Fixing Treatment Rates for Private Hospitals Will Violate Fundamental Right to Trade(15.06.2023)
Calcutta High Court has held that order issued by West Bengal Clinical Establishment Regulatory Commission for fixing of rates by Clinical Establishme.....
Tags : Calcutta High Court, Treatment Rates, Private Hospitals, Right to Trade
Bom HC: Pensioner Not Entitled to Reimbursement Beyond CGHS Rates When No Referral Memo Obtained(28.06.2023)
Bombay High Court has held that Central Government pensioners cannot obtain medical reimbursement beyond Central Government Health Scheme (CGHS) rates.....
Tags : Bombay High Court, Medical Reimbursement, CGHS Rates
RBI Issues New Guidelines for Banks to Fix Lending Rate(18.12.2015)
Reserve Bank of India (RBI) has issued new guidelines on how banks can calculate their lending rates in a bid to make them more closely based on marke.....
Tags : Reserve Bank of India , lending rates
Bombay HC Asks, Can't Companies Give 2% of Profit to Poor Patients(15.01.2016)
Bombay HC has said that corporates must consider setting aside 2% of their profits towards a corpus for patients unable to pay their hospital bills.
Tags : Bombay HC, corporates
All. HC: Commercial Electricity Rates Not Applicable to Lawyers' Chambers(07.08.2023)
Allahabad High Court has held that the legal profession by no stretch of imagination can be called as a commercial activity, trade or business and the.....
Tags : Allahabad High Court, Commercial Electricity Rates, Lawyers' Chambers
Ker. HC: Can’t Discriminate Against Students for Availing Student Concession Rate While Boarding Bus(08.08.2023)
Kerala High Court has held that as long as student concessions are in force, owners and employees of a bus cannot take a discriminative stand against .....
Tags : Kerala High Court, Students, Concession Rates
Arthur Road Jail, Sanjay Dutt's Former Prison, May House Vijay Mallya Too(29.11.2017)
Arthur Road Jail, Sanjay Dutt's Former Prison, May House Vijay Mallya Too
Tags : The Westminster Magistrates' Court had earlier this month rejected India’s extradition request for a UK-based alleged bookie, on the grounds that his human rights would be violated in Delhi’s notoriously overcrowded Tihar Jail.
Supreme Court: 'Police Can’t Act As Executive Magistrates'(24.10.2017)
Supreme Court has expressed surprise that police officers have been assigned the task of Executive Magistrates under Criminal Procedure Code to ensure.....
Tags : Supreme Court, Executive Magistrates
CBDT Notifies New Depreciation Rates on Vehicles Purchased Between 23.08. 2019 to 31.03.2020(24.09.2019)
Central Board of Direct Taxes(CBDT) has notified new depreciation rates of 30% and 45% on vehicles purchased between 23.08.2019 to 31.03.2020. The rat.....
Tags : Central Board of Direct Taxes, CBDT, New Depreciation Rates
RBI Policy: Interest Rates Unchanged, GDP Growth Forecast Lowered(06.12.2019)
Reserve Bank of India has released its fifth bi-monthly monetary policy statement for 2019-20 in which the Monetary Policy Committee, decided to keep .....
Tags : RBI Policy, Interest Rates
Westminster Magistrates’ Court Remands Nirav Modi in Custody(31.01.2020)
Westminster Magistrates’ Court in London has remanded Nirav Modi in custody till February 27, in the Punjab National Bank Fraud Case.
Tags : Westminster Magistrates' Court, Nirav Modi
Mark Out Bus Types to Charge New Rates: Madras High Court(13.02.2018)
Madras High Court has directed the commissioner of Tamil Nadu State Transport Corporation (TNSTC) to file his response on a petition demanding not to .....
Tags : Madras High Court, Bus, Rates
Centre Declares United Arab Emirates as Reciprocating Territory Under Section 44A of Code of Civil Pr(20.01.2020)
Central Government of India has declared United Arab Emirates (UAE) as a reciprocating territory under Section 44A of the Code of Civil Procedure, 190.....
Tags : Centre, United Arab Emirates, Reciprocating Territory
INTERIM BUDGET – 2024(01.02.2024)
• Tax Rates to be retained for direct and indirect taxes including import duties
• Exemption granted to some IFSC units, that was expiring on March 3.....
Tags : Tax Rates, IFSC Units, Direct Tax Demands
Delhi HC Put Stay on SDMs Order Barring Lawyers from Appearing(01.08.2016)
Delhi HC has put on hold an order and a public notice issued by two Sub Divisional Magistrates (SDMs) prohibiting lawyers from practicing or appearing.....
Tags : Delhi HC, Sub Divisional Magistrates , marriage registration matters
Chhattisgarh High Court Upholds Increased Rates of Cess on Land Used for Mining(26.02.2020)
Chhattisgarh High Court has upheld the increased rates of development cess and environmental cess on land covered under mining lease as per the amendm.....
Tags : Chhattisgarh High Court, Rates of Cess on Land Used for Mining