Discover the latest government policies and their impact on society. Stay informed about regulations, laws, and initiatives shaping the country's governance. Explore our comprehensive coverage of government policies and their implications.
Finance : Examining the economic impact of agri-commodity trade under FTAs. Wheat trade case study highlights supply-demand equilibrium, inf...
Corporate Law : Explore the reality of women in leadership. Legal mandates like SEBI and Companies Act aim for diversity, but true inclusion deman...
Finance : The economic management of every country be it developed from the developing state, taxation is an important subject but in the de...
Corporate Law : A study on Bangalore’s auto component SMEs explores how innovation enhances competitiveness, impacts employment growth, and its ...
Goods and Services Tax : Women often pay more for personal care, clothing, and financial services due to the Pink Tax. Learn about gender-based pricing and...
Corporate Law : CBI dismantles a virtual asset-backed cybercrime network defrauding German nationals, arresting key accused and recovering digital...
Finance : Explore trends in India's household savings, liabilities as a percentage of GDP, and measures for the middle class in the Union Bu...
Corporate Law : जानें उत्तर प्रदेश बार काउंसिल की 2025 साक्षात्कार ...
Finance : India has extradition treaties with 48 countries. Details of loan and tax offenders and extradition arrangements were shared in th...
Excise Duty : Govt clarifies tax increase on tobacco products, citing changes in excise duty on cigarettes and GST rules. Revenue funds overall ...
Corporate Law : Supreme Court of India invalidates State VAT amendments made post-GST, citing issues of legislative competence in Telangana, Gujar...
Corporate Law : Kharghar Co-op. Housing Societies Federation Ltd Vs Municipal Commissioner (Bombay High Court) Bombay High Court in the matter of ...
Corporate Law : Calcutta High Court held that computation of award amount without multiplying the amount with the multiplier 13 is unjustifiable....
Corporate Law : Ours being a Welfare State, the respondents who happen to be instrumentalities of the State under Article 12, cannot act arbitrari...
Corporate Law : Held that there is no infringement of copyright as some contents are bound to be similar as teaching given in the Holy Books Quran...
Corporate Law : The Coastal Shipping Bill, 2024, introduced in Lok Sabha, aims to regulate coastal trade, boost domestic participation, and enhanc...
Corporate Law : The Ministry of Agriculture announces revised guidelines for the AMI Sub-scheme of ISAM, effective from November 10, 2024, for new...
Corporate Law : The Central Government increases minimum wage rates by revising the Variable Dearness Allowance, effective October 1, 2024, aiding...
Corporate Law : MHA issues guidelines to ensure nondiscriminatory prison visitation rights for LGBTQ+ community, emphasizing equal treatment in al...
Corporate Law : Get clarity on GPF interest exceeding 5 lakhs. Learn about revised provisions & implications for government servants' GPF subscrip...
Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell with an aim to create a sustainable ecosystem for entire MSME development.The benefits likely to accrue to the MSMEs are:
United States has imposed global tariff of 25% and 10% in March, 2018 on certain steel and aluminium products, respectively, under Section 232 of US Trade Expansion Act of 1962. India took up this issue at World Trade Organisation (WTO) as it considers these additional duties to be non-compliant with WTO provisions.
The Aayushman Bharat Scheme, which was launched on 23rd September, 2018 has completed 100 days. These 100 days have witnessed the most significant steps in improving healthcare for the poor ever since independence.
The scheme will be called Lakshadweep and Andaman & Nicobar Islands Industrial Development Scheme, (LANIDS) 2018 and will cover Union Territories of Lakshadweep and Andaman & Nicobar Islands. It will be effective from 01.04.2018 and will remain in force up to 31.03.2020 with committed liabilities accrued up to 31st March 2025 for units registered up to 31.03.2020.
Binoy Gupta* One day, in August 2005, when I was Chief Commissioner of Hubli, I received a phone call, or rather an offer, to move over to Chennai as Chief Commissioner of Income Tax. During those days, Chennai was a sensitive posting. The AIDMK was ruling the State. The DMK was controlling the income tax, […]
The doctrine Uberrimae Fidei is originated from English law to the formation of insurance contract. Principle of Uberrimae fidei (a Latin phrase), or in simple English words, the Principle of Utmost Good Faith, is a very basic and first primary principle of insurance. Contract of Insurance is basically a contract for discharging indemnificatory liability by insurer for premium considered tendered by the insured to the insurer.
The most important aspects of a public service, public oriented, public contact department, like the Income Tax, are public relations, grievances and corruption. It is extremely important to handle these aspects in a meaningful and effective way.
There cannot be absolutely no quarrel with the fact that the DGFT is mandated to be the authority to facilitate the exporters. Therefore, it is really very surprising that why the DGFT should create stumbling blocks in the smooth implementation of the legal provisions contained in the FTP/HBP. I am really very startled by the […]
Residential Status of an Individual under Income Tax Act, 1961 One of the most basic yet very important topic in direct taxation is determining the residential status of the assessee. This concept will act as a foundation for Calculating Taxable income and calculation of tax thereon. In this article let us discuss the provisions of […]
I retired on 30th September 2005 as Chief Commissioner of Income Tax I, Chennai – after completing 37 years of highly satisfying service in the income tax department. I received several requests to write about my experiences. This small summary is the result of my ramblings.
