Shree Radhekrushna Ginning And Pressing Pvt. Ltd. Vs State of Gujarat (Gujarat High Court) HC explains that Attachment creates no charge or lien upon the attached property. It merely prevents and avoids private alienations; it does not confer any title on the attaching creditors. There is nothing in any of the provisions of the Code […]
Being a clandestine activity, the loss in revenue because of smuggling could not be accurately estimated in the recent years. However, field formations and Directorate of Revenue Intelligence (DRI) have seized around 14 crore sticks of cigarettes in the current financial year.
Whether it is true that some cryptocurrency exchanges were involved in evasion of Goods and Services Tax (GST) and it was also detected that other cryptocurrency exchanges and major investors in digital currencies are under investigation by the Government;
The geopolitical tension between Russia and Ukraine has led to global supply disruptions resulting in steep increase in global commodity prices including prices of crude oil, gas, edible oils and fertilizers, among others. Government of India is closely monitoring the global price movements and their impact on India’s economy through trade
Whether the Government is aware that the private banks and Non-Banking Financial Companies are charging service charges before the filing of any loan, from which they are getting crores of rupees every year without doing anything;
GST rates are fixed based on the recommendations of the GST Council. The GST rate for ‘Sanitary towels (pads) or sanitary napkins; tampons’ as prescribed by the GST Council is ‘Nil’ with effect from 26.07.2018. As regards raw materials required for production of sanitary napkin, at present there is no recommendation of the GST Council for reduction in GST rates on such raw materials.
(a) whether the Government has assessed the impact of rising excise duties and taxes on fuel/liquefied petroleum gas on income inequality; (b) if so, the details of the incidence of fuel excise duties on varying income groups of the population;
very registered person, including cooperative societies registered under the Goods and Services Tax Act, 2017, who causes movement of goods of consignment value exceeding one lakh rupees in respect of movement of goods originating and terminating within the State of Delhi (intra-State movement but without passing through any other State) is required to generate e-way bill with effect from 16th June, 2018.
As per the findings of RBI’s Working Group on digital lending, the number of illegal lending apps stood at approximately 600 from 1.1.2021 to 28.2.2021.
Government says that it has no plans to set up an Institute of Resolution Professionals to oversee and self-regulate conduct of RPs as IBC Code provides for a two-tier regulatory structure to oversee the conduct of IPs. In the first tier, there are three Insolvency Professional Agencies (IPAs) registered with IBBI, of which IPs are members
