India’s stock market capitalization at 137.8% of GDP highlights a surge in market value, with implications for investors and inflation. Learn more about market trends and P/E ratios.
Explore the history of the appointment of the Chief Election Commissioner in India, the recent legal developments, and the ongoing constitutional debate between the judiciary and the executive
In recent months, the global credit rating of India’s sovereign debt has been a hot topic of debate and concern. The three major global Credit Rating Agencies – Standard & Poor (S&P), Moody’s, and Fitch – have ranked India’s Sovereign Debt just a notch above junk grade, categorizing India as the lowest investment grade.
Explore the historic Kesavananda Bharati case as it marks 50 years in Indian constitutional law. Understand the ‘basic structure’ doctrine, limits on Parliament’s power, and the lasting impact on constitutional principles. Supreme Court launches dedicated webpage for comprehensive law research.
Analysis of The Applicability of The Cost of The Diesel, Engine oil, And Filters In The Light of The Karnataka Aar Ruling on 30.07.2021 Case Name: In re Goodwill Auto’s (GST AAR Karnataka) Appeal Number : Advance Ruling No. KAR ADRG 44/2021 Date of Judgement/Order: 30/07/2021 THIS ADVANCE RULING IS COMPLETELY FLAWED 1. ANALYSIS OF […]
Constitution Talk—Provisions that impact our lives IS THE “RIGHT TO PROPERTY A FUNDAMENTAL RIGHT UNDER OUR CONSTITUTION? 1. PART III of our Constitution in Articles 12 to 30 guarantees to us the set of Fundamental Rights. 2. The subject being too vast to cover in one Article, I am dealing with only the Banks Nationalisation […]
WILL THE REMUNERATION PAID BY A COMPANY TO ITS DIRECORS ATTRACT GST UNDER THE REVERSE CHARGE MECHANISM? 1. PECULIAR LEGAL FICTION IN THE GST LAW This was there in the erstwhile Service Tax Regime also. The Principle is simple—“If you are unable to tax a category of persons who supply the services, call the poor […]
THE RESTRICTIVE DEFINITION OF THE TERM GIVEN IN THE GST LAW IS ULTRA VIRES THE CONSTITUTION AND HENCE VOID 1. HISTORICAL BACKGROUND 1.1. Prior to the 46th amendment of the Constitution in 1982, which introduced Article 366(29A) into it, The States and the Centre had no power to tax WORKS CONTRACTS, that is, contracts for […]