RBI releases draft guidelines on ‘Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances – Projects Under Implementation’
Stay updated with the latest customs amendments issued by the Ministry of Finance, New Delhi, on 3rd May 2024. Learn about changes in customs duties.
Stay informed about the suspension of inoperative Standard Input-Output Norms (SIONs) by the Directorate General of Foreign Trade, Ministry of Commerce, India.
Understand the latest DGFT policy circular on payment clarification for non-achievement of Value Addition. Learn about the implications and exemptions.
Compensation by its very nature, had to be just. For suffering, no part of which was the claimant-appellant’s own fault, she had been awarded a sum which could, at best, be described as ‘paltry’. In regard to the application of the Eggshell-Skull Rule, the impugned judgment was silent as to how this rule applied to the present case.
Mukul Islam Vs Assistant Commissioner of Revenue (Calcutta High Court) The Calcutta High Court recently delivered a judgment in the case of Mukul Islam versus Assistant Commissioner of Revenue, pertaining to a writ petition challenging the refusal to condone delay in maintaining an appeal under Section 107 of the West Bengal Goods and Services Tax […]
Explore the analysis of RBI’s draft regulations on Electronic Trading Platforms (ETPs). Learn about eligibility criteria, operational guidelines, and more.
Dive into the controversy over Madras High Court’s exemption of hostels from GST, exploring legal arguments, financial impacts, and pending Supreme Court intervention.
Read the Supreme Courts landmark judgment ensuring children of armed forces personnel get fair treatment in education, regardless of their parents’ postings.
Article explains Reverse Charge Mechanism (RCM) under GST law, its necessity, eligibility criteria, time and tax payment aspects, with comprehensive insights and examples.
