No Service Tax could be levied on construction of residential complexes prior to 01.07.2010 even when service is rendered either as service simpliciter or as a works contract
CESTAT Ahmedabad dismisses revenue’s appeal against IOCL, affirming the transaction value under Section 4(1)(a), setting a precedent for similar cases.
CESTAT held the exchange rate applicable will be the rate on the date the warehousing bill of entry was filed for putting goods in bond.
ITAT Jodhpur exempts individual from TDS on property purchase under Rs.50 lacs, setting precedent for similar transactions.
Madras High Court clarifies the non-applicability of capital gains tax on transactions through power of attorney, setting a precedent for future cases.
Insurance Regulatory & Development Authority Master Circular Ref: IRDAI/F&I/CIR/RIC/90/4/2023 Date: 24.04.2023 Master Circular on Registration of Indian Insurance Company, 2023 The Authority has notified the IRDAI (Registration of Indian Insurance Companies) Regulations, 2022 (herein after referred to as “Regulations”). In exercise of the powers conferred by Section 14 of the IRDA Act, 1999, the Authority hereby […]
The theory of laissez-faire is an economic theory that supports government non-intervention in business activities. It holds that the market economy is efficient and will allocate resources effectively and efficiently.
Explore the deductions available under the Old vs. New Income Tax Regime effective from 01.04.2023 (FY 2023-2024, AY 2024-2025)
Labour law is the diverse body of legislation that governs issues such as employment, wages, working conditions, trade unions, and industrial relations. In its broadest definition, the phrase encompasses both social security and disability insurance. Unlike contract, tort, or property law, the elements of labour law are less homogenous than the rules regulating a specific legal relationship.
SEZs have come to be an important tool for encouraging the development and growth of the economy in India. SEZs are geographically defined territories that function as self-contained economies with distinct tax and regulatory rules.
