Clipped from: https://www.businesstoday.in/current/corporate/hdil-diverted-rs-160-crore-from-pmc-bank-to-firm-owned-by-maharashtra-mla-family-ed/story/428837.html ED claims that HDIL allegedly siphoned off Rs 160 crore to many companies belonging to Viva Group on garb of commission HDIL siphoned
Category: Legal
Companies approach Gujarat High Court over penalty, interest payment on input tax credit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/companies-approach-gujarat-high-court-over-penalty-interest-payment-on-input-tax-credit/articleshow/80421685.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The input tax credit mechanism under the GST framework allows companies to set off part of the tax paid against future tax liabilities.
Apps made our lives convenient. But does that justify the kind of data they collect from us? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/apps-made-our-lives-convenient-but-does-that-justify-the-kind-of-data-they-collect-from-us/articleshow/80424808.cmsSynopsis What most users might not be aware of is that apps collect and share a lot of information about them. WhatsApp, which boasts
GM warns Maharashtra government’s move to block its exit could hit investment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/gm-warns-maharashtra-governments-move-to-block-its-exit-could-hit-investment/articleshow/80419968.cmsSynopsis GM stopped selling cars in India, the world’s second most populous nation, at the end of 2017 after years of low sales. It
Shekhar Gupta: Why Modi is in retreat on farm laws | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shekhar-gupta-why-modi-is-in-retreat-on-farm-laws-121012201521_1.html Farm reform could’ve been high point of Modi’s second term. But lack of patience, understanding and contempt for history have turned it into
The antitrust dilemma: CCI must come out with detailed penalty guidelines to reduce uncertainty – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-antitrust-dilemma-cci-must-come-out-with-detailed-penalty-guidelines-to-reduce-uncertainty/2176007/ Globally, the competition authorities, including the European Commission, the US, and the UK competition authorities, have issued penalty guidelines to ensure that the
Dushyant Dave writes: Centre’s farm laws will hurt farmers
Clipped from: https://indianexpress.com/article/opinion/columns/for-super-middlemen-farm-laws-farmer-protests-7156464/ Dushyant Dave writes: Centre’s farm laws will create monopolies in agriculture production and trade, and hurt farmers. Farmers during their ongoing agitation over
Bibek Debroy writes on govt control over ‘essential’ commodities
Clipped from: https://indianexpress.com/article/opinion/columns/necessary-not-essential-7156469/ Bibek Debroy writes: Before liberalisation, there were around 80 Union government-level orders and around 150 state government-level orders decreeing various items as “essential”.
5 reasons why the government decided to put farm laws on hold | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/farm-laws-pause-government-farmer-talks-explained-7156723/ The government has proposed that the farm laws be kept on hold for 18 months, or till such time that a proposed joint
HDFC Bank submits plan of action to RBI, hopes to fix outage issue in 3 months | Deccan Herald
Clipped from: https://www.deccanherald.com/business/hdfc-bank-submits-plan-of-action-to-rbi-hopes-to-fix-outage-issue-in-3-months-942008.html RBI Governor had said it was necessary that the HDFC Bank strengthens its IT systems before expanding further The country’s largest private sector
Telangana High Court refuses to intervene in Covid vaccine reactions issue–deccan chroncile
Hyderabad: The Telangana High Court refused on Thursday to intervene in the matter of adverse reactions to some individuals in the Covid-19 vaccination programme. Responding to
Are courts encroaching on the powers of the executive? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/are-courts-encroaching-on-the-powers-of-the-executive/article33629172.ece?homepage=true The courts are increasingly intervening in matters without providing sound legal reasoning On January 12, 2021, the Supreme Court stayed the implementation of three
Crimes against persons with disabilities | Rights organisations want NCRB to maintain data – The Hindu
Clipped from: https://www.thehindu.com/news/national/crimes-against-persons-with-disabilities-rights-organisations-want-ncrb-to-maintain-data/article33635243.ece?homepage=true 90 disability rights organisations, activists and academics write to Amit Shah on the issue A group of over 90 disability rights organisations, activists
The gaping loopholes in India’s faceless penalty scheme and how to plug them – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-the-gaping-loopholes-in-indias-faceless-penalty-scheme-and-how-to-plug-them/articleshow/80411755.cms Synopsis–In order to make the faceless penalty scheme be effective, it is, therefore, important that the allocation of cases is proper. FPS envisages
No unanimity: Ecommerce policy may be dropped – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-unanimity-ecomm-policy-may-be-dropped/articleshow/80392507.cmsSynopsis The Department for Promotion of Industry and Internal Trade (DPIIT), the nodal body for the policy, had held the consultation. Various ministries had
No GST on electricity charges recovered from tenants – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/no-gst-on-electricity-charges-recovered-from-tenants/articleshow/80380231.cmsSynopsis GST has a concept of “pure agent”, under which if you incur an expense while providing a service to your customer, then on
Get on with our data protection law–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/get-on-with-our-data-protection-law/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Facebook is accountable for many sins of omission
Why is the government so wary of e-comm? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/why-is-the-government-so-wary-of-e-comm/article33619352.ece?homepage=true A win-win The government can leverage India Post’s logistics capabilities for its e-comm push – PTI A win-win The government can leverage India
If you don’t want to appear before panel, it’s fine; but don’t cast aspersion on courts: CJI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/if-you-dont-want-to-appear-before-panel-its-fine-but-dont-cast-aspersion-on-courts-cji/article33620270.ece?homepage=true Lashing out at media reports hinting at “bias” on the part of members of an expert committee constituted by the Supreme Court to
CBIC calls for ‘disciplinary’ action in case of appeal dismissed on account of late filing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-calls-for-disciplinary-action-in-case-of-appeal-dismissed-on-account-of-late-filing/article33617935.ece?homepage=true Officials told to strictly adhere to timeline in filing appeals/ petitions before courts or tribunal The Central Board of Indirect Taxes & Customs