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SC refuses to transfer Adani probe to CBI, fully backs SEBI

In a significant win for the Adani group, the Supreme Court on Wednesday refused to transfer the probe into allegations of stock price manipulation by the Indian corporate giant to a special......

SC recalls its verdict on indirect taxes from duty free shops at airports

In a significant development, the Supreme Court Friday recalled its April 10 verdict by which it had held that duty free shops at arrival and departure terminals at international airports are......

Govt employee's classified report can't be made public: SC

The Supreme Court on Tuesday rejected a plea for disclosure of the annual confidential reports of public servants under the Right To Information Act. A bench of justices G S Singhvi and S J......

Whistleblowers should not be silenced: SC

A whistleblower who tries to highlight malfunctioning of the government "should not be silenced" even if the speech or editorials appear to invite contempt of court and truth should ordinarily be......

Presidential award for 32 Customs, Excise men

The government will honour 32 Customs and Excise officials for showing exceptional commitment and devotion to duty on a sustained basis while achieving goals set for their organisations.They will......

Excessive tax results in 'social injustice': CJI

Chief Justice of India S A Bobde on Friday said arbitrary or excessive tax results in "social injustice" by a government, adding tax should be collected from people like honey bee draws nectar from......

Of Welspun, Cyprus and the FEMA conundrum

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just......

Tribunal asks Jet to pay Rs 147-cr service tax dues

Jet Airways has moved the high court against a Customs Excise and Service Tax Appellate Tribunal (CESTAT) order to deposit Rs 147 crore (Rs 1.47 billion) by May 12 towards service tax dues. The......

FM constitutes panel to reduce indirect taxes litigations

Concerned over huge revenues in form of customs, services and excise duties locked up in litigations, Finance Minister Pranab Mukherjee has constituted a committee to suggest steps to bring down......

Govt raises tax litigation bar for officials

Litigation in the revenue department is set to fall by about 25 per cent, as the finance ministry has raised the monetary limits for tax officials to approach courts for dispute resolution.At......

Service Tax dept demands Rs 536 crore, BCCI takes legal route

A policeman walks past a logo of the Board of Control for Cricket in India (BCCI) during a governing council meeting of the Indian Premier League (IPL) at BCCI headquarters in Mumbai. Photograph:......

Service tax row: Supreme Court rejects BCCI's plea

The Supreme Court on Wednesday rejected the Board Of Control For Cricket In India's plea against a tribunal order asking it to pay around Rs 18 crore as service tax for video graphing matches and......

BCCI slapped Rs 11.19 crore service tax

The Central Excise and Service Tax Appellate Tribunal (CESTAT) has ordered the Board of Control for Cricket in India to pay Rs three crore towards service tax dues for the period 1999-2000 to......

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