India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domestic industry.
The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.
RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from April 1, 2025.
Punjab & Haryana HC quashes Section 148 notice issued by jurisdictional AO, ruling that only NFAC has authority under CBDT Circular dated 29.03.2022.
Punjab & Haryana High Court quashes notice u/s 148 issued by jurisdictional AO, ruling that only NFAC has authority post CBDT Circular dated 29.03.2022.
This blog will examine the causes of tax evasion in India, the effects it has on society, and possible remedies to guarantee a more equitable taxation system.
The case of Ashbury Railway Carriage & Iron Co. Ltd. v. Riche is a landmark decision in company law, particularly concerning the ultra vires doctrine.
Explore the complexities of filing GST appeals when rectification applications are involved. Learn how conflicting timelines and rulings impact taxpayers’ rights.
Explore SEBI’s consultation paper proposing enhanced regulations for secretarial compliance, auditor appointments, and related party transactions of listed entities. Share your views by 28th Feb 2025.
Capital gain is considered as the gain/profit on sale of property which is arrived at by deducting the Purchase Price from its Sale Price and the tax is to be paid on that gain which is termed as Capital Gain tax. There are two types of gains that arise on Sale/transfer of property and those are Short term Capital Gain (STCG) and Long term Capital Gain (LTCG).
