From 100% tax deductions for contributions to PM-CARES fund to extending the due date for linking Aadhar and PAN card, the government has provided various tax relief and extensions in deadlines for statutory compliances, says Homi Mistry.
The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law. Cairn had in May asked a US federal court to force Air India to pay a $1.26 billion arbitration award the firm had won in December. The government on August 13 filed a 'Motion to Dismiss' petition in the US District Court for the District of Colombia, saying it lacked subject matter jurisdiction in the dispute between Cairn and the Indian tax authority, according to a filing seen by PTI.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
The lease term of the Taj Palace Hotel, owned by the Indian Hotels Company, will expire on April 1, 2013, and it must settle a dispute with the Delhi Development Authority over the quantum of licence fee for a smooth renewal.
The Delhi government had earlier threatened to impose the Essential Services Maintenance Act (ESMA) to ensure smooth functioning of the Metro and appealed to the employees not to resort to strike.
Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. As part of the settlement reached with the government to the seven-year old dispute over levy of back taxes, the company - which is now known as Capricorn Energy PLC - has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award which had overturned levy of Rs 10,247 crore retrospective taxes and ordered India to refund the money already collected. Two sources with direct knowledge of the matter said Cairn on November 26 withdrew the lawsuit it had brought in Mauritius for recognition of the arbitration award and took similar measures in courts in Singapore, the UK and Canada.
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Amid long-pending dispute between the UK-based telecom giant Vodafone and the tax authorities in India, Finance Minister's advisor Parthasarathi Shome on Wednesday said the government should not use retrospective amendment of tax laws to raise revenues.
Since the inception of the code, the threat of insolvency has brought many debtors in line
'A breakthrough in eastern Ladakh leading to disengagement and creation of a buffer zone will obviate the need of military deployment through the winter months ahead,' notes Ambassador M K Bhadrakumar.
Multiple pleas have been filed in the top court seeking a direction to authorities to immediately remove the farmers, saying commuters are facing hardships due to the road blockades and the gatherings might lead to an increase in the number of COVID-19 cases.
The top court said the direction to create family welfare committees in every district and the power conferred in them was 'not in accord with the statutory framework'.
Stray dogs have the right to food and citizens have the right to feed community canines, the Delhi high court has said while observing that in exercising this right care and caution should be taken to ensure that it does not impinge upon others and causes no harassment or nuisance.
SpiceJet was dragged to court by several aircraft leasing firms.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
Dismissing the role of Bharatiya Janata Party leader Subramanian Swamy as negotiator for the Ram temple issue, the main parties to the case on Thursday demanded setting up a panel of Supreme Court judges to initiate the talks in the vexed matter.
The CJI said that to keep police excesses in check, dissemination of information about the constitutional right to legal aid and availability of free legal aid services is necessary.
The litigants and their counsels -- altogether over 50 people -- met the three-member mediation panel on the Avadh University premises in Faizabad.
An international tribunal in the Hague has ruled in favour of the Philippines.
Statesmanship requires that the prime minister himself reaches out to those amassed at the Singhu and Ghazipur borders. Modi should be able to win over this domestic front with sheer compassion, observes Virendra Kapoor.
The aftermath of Mani Ratnam's Ponniyin Selvan has led to an argument that there was no religion as Hinduism in Chola times.
Instead, there was only Saivism, Vaishnavism, etc, and that the Cholas were Saivites, and hence not Hindus, observes N Sathiya Moorthy.
'Modi, with his sharply honed political savvy and undoubted grasp of international affairs, is a past master at taking the measure of world leaders.' 'He would be the last person to think of the unpredictable and not too well-regarded Trump as the mediator,' says B S Raghavan.
'The worst case scenario is for China to behave like a bull in China shop, and brazenly and wantonly indulge in further encroachments, create obstacles to free navigation and convert SCS into an Air Defence Identification Zone.'
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Prime Minister Narendra Modi's desire to showcase India as a destination for manufacturing is well understood.
Rizvi along with some Mahantas from Ayodhya will also approach the Supreme Court before December 5 with a solution to the Ram Janmabhoomi-Babri Masjid dispute.
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
Senior advocate Rajeev Dhavan, representing the Muslim parties in the case, tore up a pictorial map.
Sanket Pandya, one of the two engineers left stranded in Iran since December 2013, has urged the Indian government to facilitate their early and safe return after the duo were illegally 'confined' following the seizure of their passports when their Goa-based employer got embroiled in a dispute with a company there.
India has said that serious bilateral dialogue can happen only "without the shadow of terrorism" as Pakistan raked up the Kashmir issue at the United Nations.
The people in both places have lived in a state of denial, refusing to accept the bald fact that resorting to violence against an infinitely superior force is suicidal, observes T N Ninan.
Fintech giant Paytm claimed it is selling more FASTags than all the banks put together on a daily basis.
The new scheme came into effect on Thursday. However, even after a scrutiny assessment, appeals will continue to be done through personal representation.
Good judges are going away. We need replacements. The younger lot in the bar are not willing to become judges, says the CJI.
This is not the first time Trai has been accused of bias; and, in my memory, never have such charges of bias been leveled against any other regulatory body, says Rahul Khullar.
The Congress leadership should have immediately called on the Karnataka chief minister to implement the Supreme Court order and crack down on the violence, says R Rajagopalan.
