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Archive: May, 2023

Posts in May, 2023

Acceptance of Electronic Certificate of Origin issued under India-Sri Lanka FTA

May 3, 2023 3276 Views 0 comment Print

It is hereby clarified that an electronic certificate of origin or e-CoO, issued by the Issuing Authority of Sri Lanka, is a valid document for the purpose of claiming preferential benefit under the India-Sri Lanka FTA subject to it having been issued in the prescribed format, bearing seal and signatures of the authorized signatory of the Issuing Authority

Old Vs New Income Tax Regime Which Tax Regime is better?

May 3, 2023 39459 Views 18 comments Print

Explore the old vs new income tax regime for FY 2023-24. Compare tax slabs, benefits, exemptions, and deductions to determine which regime is better for you. Make an informed decision with expert insights.

ESOP Adoption Stories In India and Other Countries

May 3, 2023 1635 Views 0 comment Print

ESOP or Employee Stock Ownership Plan is a non-monetary incentive wherein employees are made avail of choice regarding the shares of the employers.

Bangalore Water Supply & Sewerage Board Vs. R. Rajappa (Supreme Court)

May 3, 2023 2214 Views 0 comment Print

SC in Bangalore Water Supply & Sewerage Board, Etc. Vs. R. Rajappa & Others case looked at the definition of industry under section 2(j) of Industrial Disputes Act of 1947.

SC allows appellant to travel abroad based on his previous record

May 2, 2023 7296 Views 0 comment Print

Having regard to the genesis of the dispute as well as the issue as to whether the appellant is likely to flee from justice if he were to be permitted to travel to the US, we find, on the basis of the previous record of the appellant, that there is no reason or justification to deny him the permission which has been sought to travel to the US for eight weeks.

Pendency of departmental proceedings cannot be a ground to prevent appellant from travelling abroad

May 2, 2023 1101 Views 0 comment Print

Satish Chandra Verma Vs Union of India (Supreme Court of India) In the instant case, the appellant who is a member of the All India Services has paid leave to his credit and has applied to go to U.S.A. and France to visit members of his family who are residing there. On an earlier occasion […]

Illegal exports of Katamine: HC denies bail to accused

May 2, 2023 1191 Views 0 comment Print

There was no condition to furnish passport in order dated 15th January, 2020. He has furnished documents about business trip to Dubai. It is pertinent to note that the order granting anticipatory bail is challenged before this Court.

SC quashes condition of deposit for granting bail

May 2, 2023 1140 Views 0 comment Print

Supreme Court decision in Anatbhai Shah Vs State of Gujarat. Condition to deposit Rs.2 crores set aside. Learn about the ruling’s impact.

Vivad se Vishwas scheme for relief to MSMEs – Last date to Submit claims till 30.06.2023

May 2, 2023 2937 Views 0 comment Print

Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period was commenced from 17.04.2023 & last date for submission of claims is 30.06.2023

IBBI penalises IP for conducting auction in hasty and improper manner 

May 2, 2023 1086 Views 0 comment Print

DC finds that Mr. Vedagiri Venkata Krishnamurthy has conducted the second and third auctions in improper manner by fixing the same date for deposit of EMD by any prospective bidder and the date of publication of auction notice date, and giving only two days for second auction and three days for third auction to participate […]

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