Search Results for Tag : Reduction
Top Story
GST council has notified constitution of Anti-profiteering Authority(20.06.2017)
In order to keep a check on passing of price reduction benefit in tax rate from businesses to consumers, a five-member anti-profiteering authority has.....
Tags : Authority, Constitution, Benefit, Price reduction
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
Government brings Taxation Laws (Amendment) Ordinance, 2019 slashing corporate tax rates to boost investment(20.09.2019)
In order to make certain amendments in the Income-tax Act, 1961 and the Finance Act, 2019, the Government has brought in the Taxation Laws (Amendment).....
Tags : Ordinance, Corporate tax, Reduction
RBI reduces the repo rate from 4.4% to 4% to mitigate the impact of COVID-19(22.05.2020)
The RBI revises the repo rate and reduced it from 4.4% to 4%. Further, it has reduced the reverse repo rate to 3.35%. The decision of the monetary po.....
Tags : Repo rate, Reduction, Economic activity
Central Government reduces Excise Duty on Petrol and Diesel on the eve of Diwali(03.11.2021)
Government of India has taken a significant decision slashing Central Excise Duty on Petrol and Diesel by Rs. 5 and Rs. 10 respectively. Prices of pet.....
Tags : Duty, Reduction, Petrol and Diesel
International Cases
There must be weighty reason for reduction of degree of offence from murder to lesser offence of manslaughter(30.11.2016)
Appellant was convicted by a jury of murder of his partner. Appellant admitted in Court that he had killed deceased, and sole issue at his trial had b.....
Tags : Offence, Degree, Reduction
A Court has discretion to take into account time spent in custody and can give credit by either reducing term or backdating sentence(10.09.2019)
Present two appeals against sentence are related and involved the failure to take into account time that, the Appellant spent in custody on remand. Th.....
Tags : Sentence, Imposition, Reduction
Notifications & Circulars
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
GST reduced from 18% to 5% for domestic Maintenance, Repair and Overhaul services(14.03.2022)
The average number of the passenger carried in the pre-Covid financial year (2019-20) was around 4 lakh per day. On 6th March 2022, domestic airlines .....
Tags : GST, Reduction, Domestic Maintenance
News
SC Directs High Powered Committee to Consider Applications Against Reduction of Width of Road(03.12.2020)
Supreme Court has asked the High Powered Committee set-up by it to consider the applications filed before the Court by the Ministry of Defence and the.....
Tags : Supreme Court, Reduction of Width of Road
#Union Budget 2022-2023: Union Budget Reduces Alternate Minimum Tax for Cooperative Societies(01.02.2022)
Union Budget reduces alternate minimum tax for Cooperative societies to 15% . Surcharge has also been reduced to 7% for those cooperative having incom.....
Tags : Union Budget, Reduction in Alternate Minimum Tax for Cooperative Societies
Lok Sabha Passes Bill to Reduce Salary & Allowances of MPs to Meet Pandemic Expenses(16.09.2020)
Lok Sabha has passed the Salary, Allowances & Pension of Members of Parliament (Amendment) Bill, 2020, by voice vote. The Bill proposes to reduce cert.....
Tags : Lok Sabha, Reduction of Salary and Allowances
Calcutta HC Orders Min 20% Reduction in Private School Fees(14.10.2020)
Calcutta High Court has ordered that the fees charged by private schools in the State should be reduced by 20%.
Tags : Calcutta High Court, Reduction in Private School Fees
Madras HC: Proceeds on Sale of Certified Emission Reduction Credit is Capital Receipt(10.03.2021)
Madras High Court has held that proceeds realized on sale of Certified Emission Reduction Credit, which had been earned on the Clean Development Mecha.....
Tags : Madras High Court, Proceeds on Sale of Certified Emission Reduction Credit
Gujarat HC Asks State to Inform on Development in Proceedings to Address Fee Reduction Issue(11.03.2021)
Gujarat High Court has asked the state government to inform it about the development in the proceedings before two committees established to address t.....
Tags : Gujarat High Court, Issue of Fee Reduction
Delhi HC Dismisses Plea Seeking Reduction in Dosage Interval of Covishield Vaccine(16.07.2021)
Delhi High Court has dismissed a Public Interest Litigation [PIL] seeking reduction of the present 12-16 week interval for administration of second do.....
Tags : Delhi High Court, Reduction of Dosage Interval of Covishield Vaccine
Reduction of compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty(02.03.2022)
In a significant step towards Atmanirbhar Bharat, Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Cust.....
Tags : Reduction, Compliances, Import
Reduction of Timeline for Listing of Shares in Public Issue from Existing T+6 Days To T+3 Days(09.08.2023)
. Consequent to extensive consultation with the market participants and considering the public comments received pursuant to consultation paper on the.....
Tags : Reduction, Timeline, Shares, Listing
Clarification regarding deduction of TDS under section 192 read with sub-section (1A) of section 115BAC of the Income-tax Act, 1961(05.04.2023)
1. Vide Finance Act, 2023, sub-section (IA) has been inserted in section 115BAC of the Income-tax Act, 1961 (the Act) to provide for a new tax regime .....
Tags : Clarification, Reduction, TDS
SC Urges Madras HC to Expeditiously Decide Plea Against Upper Age Limit Reduction(28.01.2020)
Supreme Court has requested the Madras High Court to expeditiously decide in a time-bound manner a plea challenging the reduction of upper age limit f.....
Tags : Supreme Court, Madras High Court, Upper Age Limit Reduction
SC Urges Madras HC to Expeditiously Decide Plea Against Upper Age Limit Reduction(28.01.2020)
Supreme Court has requested the Madras High Court to expeditiously decide in a time-bound manner a plea challenging the reduction of upper age limit f.....
Tags : Supreme Court, Madras High Court, Upper Age Limit Reduction
SC: Compromise Between Accused and Victim Cannot be Solitary Basis to Reduce Sentence(21.09.2021)
Supreme Court has observed that compromise between accused and victim cannot be the solitary basis to reduce sentence awarded for non-compoundable of.....
Tags : Supreme Court, Reduction of Sentence
Rajasthan HC Reduces Sentence Awarded to 82 Year Old Woman to Period Served(24.01.2022)
Rajasthan High Court has reduced sentence awarded to an 82 year old woman charged under 498A IPC to the period already served by her which is nearly t.....
Tags : Rajasthan High Court, Reduction of Sentence
Madhya Pradesh HC: Delegation of Work Shall not Lead to Arbitrary Reduction of Contract Wages(22.01.2024)
Madhya Pradesh High Court has held that contract wages of employees cannot be reduced arbitrarily and illegally in case of delegation of work.
Tags : Madhya Pradesh High Court, Contract Wages, Arbitrary Reduction
Bombay High Court: Penalty of Reduction in Pay Scale Not to Extend Beyond Period of Employment(02.02.2024)
Bombay High Court has observed that the effect of reduction in pay scale of a state government servant, as a form of penalty, does not extend beyond t.....
Tags : Bombay High Court, Reduction in Pay Scale, Period of Employment
SEBI reduces Broker turnover fees and filing fees for issuers(27.04.2020)
In its continuing efforts to help market participants to tide over challenges due to COVID 19, Securities and Exchange Board of India (SEBI) has decid.....
Tags : Turnover fees, Reduction
Vehicles on Alternative Fuels(13.12.2018)
To promote alternate fuels and to bring down pollution levels across the country, Government has taken proactive steps to promote environment friendly.....
Tags : Alternative Fuels, Pollution, Reduction
Government of India decides to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017(03.10.2017)
The Government of India has decided to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with eff.....
Tags : Excise Duty rate, Petrol and Diesel, Reduction
Marginal Standing Facility(04.10.2016)
As announced in the Fourth Bi-monthly Monetary Policy Statement today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo r.....
Tags : Repo rate, Reduction, Marginal Standing Facility, Adjustment
Liquidity Adjustment Facility - Repo and Reverse Repo Rates(04.10.2016)
As announced in the Fourth Bi-monthly Monetary Policy Statement today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo r.....
Tags : Repo rate, Reduction, Liquidity Adjustment Facility
Calcutta HC: 20% Reduction in Private School Fees to Continue Only Till March 15, 2022(20.12.2021)
Calcutta High Court has observed that the previously stipulated 20% reduction in fees charged by private schools would end on March 15, 2022, owing to.....
Tags : Calcutta High Court, Reduction in Private School Fees
CBIC: GST E-Invoice Mandatory For Entities Having Turnover of Rs. 20 Crores(25.02.2022)
Central Board of Indirect Taxes and Customs (CBIC) notified the reduction in the applicability of GST E-invoicing threshold from Rs.50 Crores to Rs.20.....
Tags : Central Board of Indirect Taxes and Customs, E-invoicing, Reduction in threshold limit
CBIC Reduces Compliances for Import of Goods at Concessional Rate of Customs Duty(04.03.2022)
Central Board of Indirect Taxes and Customs (CBIC) has notified the reduction in compliances and end-to-end automation of procedure relating to import.....
Tags : Central Board of Indirect Taxes and Customs, Reduction of Compliances, Import of Goods at Concessional Rate
No Revenue appeals against interest on refund of excess TDS(26.04.2016)
The Central Board of Direct Taxes issued a notification stating that no appeals are to be filed against interest be claimed by a tax deduct on refund .....
Tags : litigation reduction, tds, refund, interest
Judgments
Accused committed murder of pregnant daughter sentenced to undergo imprisonment for life(28.02.2017)
Instant criminal appeal arises from judgment and final order passed by High Court of Karnataka wherein High Court has set aside order of acquittal pas.....
Tags : Sentence, Reduction, Validity
Gravity of crime, motive for crime, nature of crime and all other attending circumstances have to be borne in mind while imposing sentence(01.08.2018)
Judgment passed by the High Court of Judicature at Rajasthan is questioned in present appeal by the State with the prayer for enhancement of sentence......
Tags : Sentence, Reduction, Legality
In a non-compoundable offence, compromise entered into between parties is a relevant circumstance for Court to consider quantum of sentence(22.07.2019)
Present appeal arises out of judgment passed by the High Court by which the High Court has acquitted Accused-Ranjit Singh from the charges by giving h.....
Tags : Offence, Compromise, Imprisonment, Reduction
A candidate has a right to be considered under 'rule in force', there is no absolute application that vacancies are to be filled invariably by law existing on date, when vacancy arises.(17.03.2020)
The Appellants are the Constables/Head Constables (Male) serving in Delhi Police and are members of the Delhi Police (Appointment & Recruitment) Rules.....
Tags : Promotion, Permissible age, Reduction
Even if deceased was not earning at the time of death, his legal heirs are entitled to future prospects(18.11.2021)
The original claimants have preferred the present appeal against impugned judgment passed by the High Court, by which the High Court has partly allowe.....
Tags : Compensation, Reduction, Legality
Autonomy of an irrevocable letter of credit is entitled to protection and Courts should refrain from interfering with that autonomy(10.11.2022)
Present Civil Appeal has been filed assailing the impugned judgment passed by the National Consumer Disputes Redressal Commission (‘National Commissio.....
Tags : Compensation, Reduction, Legality
Any physical disability resulting from an accident has to be judged with reference to the nature of the work being performed by the person who suffered disability(04.07.2023)
The Appellant has filed the present appeal aggrieved against the order of High Court reducing amount of compensation. The Appellant has raised a limit.....
Tags : Compensation, Reduction, Legality
Assessment of compensation cannot be done with mathematical precision(06.03.2024)
The present appeal has been preferred aggrieved against the judgment of the High Court, vide which the compensation awarded to the Appellants (claiman.....
Tags : Compensation, Reduction, Legality
State Government is not competent either to stop or reduce pension granted to freedom fighters unless the same was obtained on mistaken grounds or false information(14.06.2017)
Present petition is filed by freedom fighters or their dependents challenging reduction in amount of monthly pension of Rs. 3,000/- granted to them un.....
Tags : Pension, Reduction, Validity