Learn about the Jan Vishwas (Amendment of Provisions) Bill 2023, passed in Lok Sabha. Explore its aims, proposed amendments, and Ministry-wise Acts covered.
This Article discusses, sources of revenue, its significance, methods of collection and its applications, as stated in the ancient Indian texts like Manu Smriti, Shanti Parva, Shukra-nitisara, Arthashastra and also contemporary Jain/Buddhist manuscripts, thereby giving the reader an insight into History of Taxation in India in ancient period.
In a ground-breaking deal that underscores the continued expansion and resilience of the hospitality industry, Indian Hotels Company Limited (IHCL), one of India’s largest hospitality companies, has announced the acquisition of 100% stake in the South African-based Pamodzi Hotels PLC (presently a listed company in Zambia) for a handsome sum of $15 million.
CESTAT Chandigarh sets aside penalty and interest imposed on Punj Brothers Limited for non-payment of customs duty on clearance of goods, citing limitation and lack of mutuality of interest between the parties. The case involved related party transactions and application of Rule 8 of the Central Excise Valuation Rules, 2000.
CESTAT Delhi upholds penalty imposed under section 114AA of the Customs Act on M/s Surendra Electricals for mis-declaration of the quantity of LED lights in the bill of entry.
What are wellness benefits of health insurance? Does it offer additional help to the policyholder? Read thoroughly to learn!
ITAT Raipur quashes CIT(E)’s rejection of registration u/s 12AA for Agrasen Jan Kalyan Trust. The appeal highlights that activities should not decide registration, but rather the charitable objects.
Learn about GST on old age homes & senior citizen services in India. Analysis of exemptions, tax rates, and recent rulings by AAR.
CESTAT Chennai reduces penalties imposed on Artisan’s Welfare Society for attempting to export red sander wood in the form of pillar tops in violation of Customs Act and Foreign Trade Act.
In a recent judgment, the Allahabad High Court granted one month to the assessee, M/s Abhay Traders, to submit a reply to a vague and invalid show cause notice alleging bogus purchases.
