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Danisco India Pvt. Ltd.: Classification of Palm Oil-Based Products – CAAR Ruling

December 29, 2024 765 Views 0 comment Print

CAAR Delhi ruled that Danisco’s palm oil-based products are correctly classified under CTH 3404 90 39, not under CTH 3824, based on HSN guidelines.

Balancing Autonomy and Fairness in Arbitrator Appointments

December 28, 2024 1047 Views 0 comment Print

Explore the challenges of asymmetric arbitrator appointment clauses in arbitration, their legal implications in India, international approaches, and potential solutions.

How to Pay Tax with Credit Card

December 28, 2024 2520 Views 0 comment Print

Learn how to pay taxes with a credit card, its benefits, drawbacks, and factors to consider. Discover if it’s the right option for your financial strategy.

FCRA Registration Validity Extended Until March 31, 2025

December 27, 2024 1488 Views 0 comment Print

Govt extends FCRA registration validity to March 31, 2025, for pending renewals and expiring registrations. Non-renewal will prohibit foreign contributions.

SEBI Clarifies Rules on Share Transfer and Control Change

December 27, 2024 1878 Views 0 comment Print

SEBI clarifies rules on share transfer among immediate relatives and transmission of shares in investment firms. Defines control change and prior approval requirements.

Review Of IFSCA (Fund Management) Regulations, 2022

December 27, 2024 885 Views 0 comment Print

Key changes in IFSCA (Fund Management) Regulations, 2022 include ease of doing business, reduced scheme corpus, revised KMP requirements, and investor safeguards.

Income Tax Return Filers in India: Key Data & Trends

December 27, 2024 7590 Views 0 comment Print

The Government’s report on income tax return filings, including the percentage of filers, income categories, zero income declarations, and measures to expand the tax base.

Key Finance Ministry Updates: CBDT & CBIC Highlights 2024

December 27, 2024 1119 Views 0 comment Print

Highlights from the Finance Ministry’s 2024 initiatives, covering direct tax refunds, GST reforms, Customs updates, and India’s FATF compliance achievements.

DGFT Adds 9 new PSIAs, Expands Areas for 6 Existing PSIAs

December 27, 2024 1554 Views 0 comment Print

DGFT enlists 9 new PSIAs and expands operational areas for 6 existing PSIAs under Foreign Trade Policy 2023. Key updates include PSIA mapping and conditions.

PIL Challenges Constitutionality of TDS System Under Article 32

December 27, 2024 10620 Views 2 comments Print

The PIL challenges the TDS system’s constitutionality, citing undue burdens, forced labor, and Article 14, 19, and 21 violations, advocating fairer tax practices.

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