The Income Tax department on Monday invited public inputs for review of the six-decade old I-T Act with regard to simplification of language, litigation reduction, compliance reduction, and obsolete provisions. Pursuant to the Budget announcement by Finance Minister Nirmala Sitharaman for a comprehensive review of the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) had set up an internal committee to oversee the review and make the Act concise, clear, and easy to understand, which will reduce disputes, litigation, and provide greater tax certainty to taxpayers.
The Supreme Court of India expressed shock and disappointment at the Indian government's failure to implement the Dam Safety Act, enacted in 2021. The court highlighted the lack of progress in constituting a national committee for dam safety and formulating regulations despite the law's provisions. The case pertains to the safety of the Mullaperiyar Dam, a 130-year-old structure in Kerala, which is controlled by Tamil Nadu. The court has ordered the government to take immediate action and seek assistance from the Attorney General in this matter.
The Supreme Court on Thursday agreed to consider a plea of All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi seeking the implementation of the 1991 places of worship law, which asks to maintain the religious character of a place as it existed on August 15, 1947.
Congress leader Rahul Gandhi has criticized the government's decision to appoint Gyanesh Kumar as the new Chief Election Commissioner (CEC) in the middle of the night, arguing that it is "disrespectful" and "discourteous" given the ongoing Supreme Court challenge to the selection process. Gandhi presented a dissent note to the selection committee, stating that the process violates the Supreme Court order and undermines the integrity of the electoral process.
A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar also indicated that it may not take up the pending scheduled petitions, heard earlier by a three-judge bench, during the day as it was sitting in a combination of two judges.
In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.
The Delhi government is embroiled in multiple litigations with the Lieutenant Governor in the Supreme Court including its plea challenging the Centre's law establishing pre-eminence of the LG over the elected dispensation in controlling services in the national capital.
US President Donald Trump cut short discussions with Ukrainian President Volodymyr Zelenskyy on Friday after he and Vice President JD Vance confronted Ukraine's leader in a tense Oval Office exchange.
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.
"... It's time to stop this madness. It's time to halt the killing. It's time to end the senseless war. If you want to end wars, you have to talk to both sides," Trump said.
Bajrang Punia banned, Phogat turns politician, WFI suspension, litigations, and lost medals: How Indian wrestling stagnated in 2024
US President Donald Trump and Ukrainian President Volodymyr Zelenskyy engaged in a heated exchange in the Oval Office, culminating in Zelenskyy's abrupt departure from the White House without signing a crucial minerals agreement. Trump accused Zelenskyy of risking millions of lives and gambling with World War III, while Zelenskyy responded by questioning the US's role in the war. The incident has strained US-Ukraine relations, with Trump questioning Zelenskyy's readiness for peace and Senator Lindsey Graham expressing doubts about future cooperation.
The Supreme Court on Friday said the construction activity being carried out by the Odisha government at the famed Shree Jagannath temple in Puri is necessary in the larger public interest as it dismissed pleas opposing the work.
The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.
In the aftermath of the 34-year-old techie's suicide in Bengaluru, a public interest litigation (PIL) in the Supreme Court has sought the appointment of an expert committee to review and reform the existing dowry and domestic violence laws to stop their misuse.
Amid opposition call for his resignation over the Beed sarpanch murder case, Maharashtra minister Dhananjay Munde on Wednesday said he is ready to quit if asked by Chief Minister Devendra Fadnavis or deputy CM Ajit Pawar.
Terming as 'unfortunate' the January 29 stampede at Maha Kumbh where at least 30 people were killed, the Supreme Court on Monday refused to hear a public interest litigation (PIL) for guidelines over safety of devotees and asked the petitioner to move the Allahabad high court instead.
The heated exchange between Trump and Zelenskyy and the resulting outpouring of support for the Ukrainian leader highlighted the deep fissures that have emerged between America and Europe over Ukraine.
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
The development comes months after another Seattle police officer Daniel Auderer was fired following his insensitive comments and laughter after Kandula's death.
Ministry mulls graded funding for sports federations
'Going forward, the encouragement would be to move to the new tax regime.'
The Allahabad high court has directed the Centre to place before it on December 19 the decision taken on a representation moved against Congress leader Rahul Gandhi that claimed he concealed his British citizenship in contesting the parliamentary election from Raebareli seat this year.
The Supreme Court declined to hear a public interest litigation (PIL) seeking directions to the Election Commission and state election bodies to address purported duplication and multiple entries in voter lists. The court suggested the petitioner approach high courts with specific grievances and file representations with appropriate authorities.
The Supreme Court of India has laid down guidelines for courts when ordering DNA tests to ascertain paternity. The court emphasized the need to balance the interests of all parties involved, including the child, parents, and other stakeholders. It also recognized the potential for infringement of privacy and the social stigma associated with illegitimate children. The court stressed that DNA tests should only be ordered when existing evidence is insufficient and when such tests are in the best interests of all parties involved.
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.
Lenders have postponed the second auction to sell bankrupt Reliance Capital's assets by a week to April 11, even as the Torrent group, the highest bidder in the first round, pursues litigation in the Supreme Court. Lenders are expecting the Hinduja group and Torrent to participate in the second auction and maximise the value of the assets. American financial services major, Oakteee may also join the race, said a source.
'You know the factors against you and those in favour, and you use the weapons you have in accordance with the strategy you've developed.'
The Supreme Court of India will hear a plea from the mosque management committee challenging an order rejecting its petition in the Krishna Janmabhoomi-Shahi Idgah dispute in Mathura, Uttar Pradesh on January 15. The Allahabad High Court had rejected the mosque committee's plea, stating that the religious character of the Shahi Idgah mosque needed to be determined. The case involves claims that the mosque was built after the demolition of a temple, a claim disputed by the mosque committee. The Supreme Court will now decide on the maintainability of the mosque committee's plea.
West Bengal Governor CV Ananda Bose skipped the convocation ceremony of Jadavpur University, alleging that the event was organized in violation of several rules and laws. The governor, who is the chancellor of the university, claimed the convocation was "illegal" and "fraught with malpractices." The university administration refuted the allegations, stating that all procedures were followed and the governor's approval was sought. The incident has sparked controversy, with some accusing the governor of acting at the behest of the BJP government and undermining the autonomy of the university.
In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. According to the CBIC, vouchers can be categorised into two types.
The Supreme Court of India has ordered a status quo on a private well located near the entrance of the Sambhal Jama Masjid, prohibiting any action regarding the well without its permission. The order came in response to a plea by the mosque's management committee, which challenged a lower court order that allowed a survey of the mosque, citing concerns over violence and loss of life during previous surveys. The court also instructed the authorities to file a status report within two weeks.
There was also confusion among the officials as to who should be allowed inside the premises and the courtroom due to restricted entry.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
Chief Justice of India Sanjiv Khanna on Tuesday said no oral submissions for urgent listing and hearing of cases will be permitted and urged lawyers to either send emails or written letters for it.
The Supreme Court on Friday junked a public interest litigation (PIL) seeking a Central Bureau of Investigation (CBI) probe into alleged use of animal fat in making Tirupati laddus under the previous Y S Jagan Mohan Reddy-led regime.
Though a settlement will provide respite from a long legal battle, legal experts say it may create a perception of guilt.