A Brazilian Supreme Courtroom justice has threatened to close down the native operations of X, previously Twitter, until its billionaire proprietor Elon Musk names an in-country authorized consultant inside 24 hours. The order from Justice Alexandre de Moraes on Wednesday is the newest growth in an ongoing feud with Musk’s platform. The corporate has clashed … Read more
The latest Supreme Courtroom verdict ruling that the central authorities can not limit the powers of the state to resolve the charges of royalties on minerals won’t have an effect on authorities of India’s revenues, the union Finance Secretary, Dr T V Somanathan mentioned immediately. Responding to a query raised by N Ram, Director of … Read more
Supreme Court docket has dismissed a Particular Depart Petition (SLP) filed by the Earnings Tax Division that Delhi Excessive Court docket’s resolution disallowing retrospective applicability of Benami Transactions (Prohibition) Modification Act 2016. The Excessive Court docket’s resolution had adopted a Supreme Court docket ruling on August 23, 2022 (Union of India vs Ganpati Dealcom). Within the … Read more
Given the Authorities’s acknowledged goal of guaranteeing three viable personal telecom operators, as a lot as 50-75 per cent of AGR dues of Vodafone Concept might get cancelled, in line with a brand new report by UBS “Wanting on the particulars of healing petition filed by telcos on the AGR case, we imagine as a … Read more
On-line Gaming & Casinos emerged on the prime when it comes to detection of GST evasion throughout Fiscal Yr 2023-24, annual information compiled by the Directorate Common of GST Intelligence (DGGI) confirmed. This sector alone accounted for greater than 40 per cent of the quantity concerned in GST evasion detection DGGI detected over 6,074 circumstances … Read more
Three trade our bodies on Monday sought to intervene within the electoral bonds matter within the Supreme Court docket with a view to defer disclosing of distinctive alphanumeric numbers tagged to every electoral bonds. The chambers, together with FICCI, Assocham and CII, imagine that “such retrospective actions result in discount of enterprise confidence for Indian … Read more
Citing operational issue, State Financial institution of India has moved the Supreme Courtroom for extending the date to submit particulars of electoral bonds until June 30, 2024. Earlier, the Courtroom had requested the financial institution to submit the main points by March 6, whereas quashing the scheme. In an software, the financial institution mentioned particulars … Read more
Prorogation of Lok Sabha and Rajya Sabha means the federal government can’t promulgate an ordinance that may negate placing down of the Electoral Bond Scheme by the Supreme Courtroom, sources mentioned on Friday. The impact of the tip of the Electoral Bond Scheme could be the re-infusion of black cash within the system, sources mentioned. … Read more