'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
X calls the home ministry's Sahyog portal a 'censorship portal', stating it usurps judicial functions.
The legislation is aimed at streamlining various services related to immigration and foreigners, including their entry, exit and stay in India.
The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.
India is proposing a new law that would impose a jail term of up to seven years and a fine of Rs 10 lakh on anyone found using a forged passport or visa to enter, stay, or exit the country. The Immigration and Foreigners Bill, 2025, also mandates reporting of foreign visitors by hotels, universities, and hospitals to track overstaying individuals. The bill aims to simplify laws, ease business, and strengthen national security while promoting economic growth and tourism.
The India-US nuclear deal was aimed at ending India's nuclear isolation and nuclear apartheid, recalls Rup Narayan Das.
Bowing to pressure from the Bharatiya Janata Party and the Left parties, government on Friday dropped a controversial addition in the civil nuclear liability bill which the Opposition said diluted the liability of suppliers for accidents caused by their negligence.
An analysis of the affidavits of all the 90 winning candidates by the Association for Democratic Reforms and Haryana Election Watch show a slight rise in the number of crorepati MLAs, from 93 percent in 2019 to 96 percent this time.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
Voicing "serious concern" over India's nuclear liability law, the United States on Friday said New Delhi could seek International Atomic Energy Agency's help in evaluating its legislation's compliance with the Convention on Supplemental Compensation.
If a public sector company willfully enters into an agreement with a foreign vendor and abdicates its right to recourse which otherwise provides for its benefit, it would not only be violating the provisions of the Civil Liability for Nuclear Damages Act but also section 13(1)(d) of the Prevention of Corruption Act, notes Leader of Opposition in Rajya Sabha Arun Jaitley
India's Civil Nuclear Liability Bill will not have an immediate adverse impact on Indo-Russian cooperation in atomic power generation, but Russian contractors would not like to see safety issues raise their project costs. Director for the Centre of Energy and Security Studies and Editor-in-Chief of the Nuclear Club magazine Anton Khlopkov said the legislation passed by the Indian Parliament "is raising concerns in Russia".
Finance Minister Pranab Mukherjee's meeting with BJP top brass L K Advani, Leader of Opposition in Lok Sabha Sushma Swaraj, her counterpart in Rajya Sabha Arun Jaitley on Tuesday ended on a positive note with both sides reaching a consensus on most issues in the draft bill.The Parliamentary Standing Committee finalised its report on Nuclear Liability Bill. The Compensation cap raised from Rs 500 crore to Rs 1,500 crore.
The United States has said that India is committed to the Nuclear Liabilities Bill and it was up to the United Progressive Alliance government to figure out how to move forward in the wake of the Opposition's objections to some aspects of the controversial legislation.The stalled bill, whose passage in Parliament is a must, is a crucial step for the full implementation of the historic Indo-US civil nuclear deal.
The minister asked the corporate sector to follow fair corporate disclosure norms.
Amid a spate of hoax bomb threats to multiple airlines, the IT ministry has asked social media platforms to observe due diligence obligations and promptly remove or disable access to misinformation within the strict timelines prescribed under IT rules.
Getting the requisite numbers to pass the Civil Liability for Nuclear Damage Bill 2010 in the Lok Sabha may be the least of the United Progressive Alliance's problems. Lawyers and legal experts, including those who support the legislation, say there are many instances of poor drafting and anomalies that have the potential to generate more controversy if the Bill is passed in its current form.
In a setback to the Centre, the Supreme Court on Thursday held that states have the legislative competence to impose taxes on mines and minerals-bearing lands under the Constitution.
Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.
As part of government's efforts to reach out to the Bharatiya Janata Party over the nuclear liability bill, National Security Adviser Shivshankar Menon met senior leaders of the main opposition party on Wednesday, to allay their apprehensions but failed to convince them.
'Modi is still immensely popular and, therefore, he can sustain any number of policy failures.' 'Modi himself has worn multiple faces so it would be naive to think that the Modi of 2021 will be the same Modi that will be campaigning for re-election in 2024.'
'The focus of the legislation will be to minimise user harm and increase the accountability of platforms, while also promoting innovation.'
The Bharatiya Janata Party on Thursday demanded a statement from the prime minister on media reports about the government's 'decision' to allow an American company to install a nuclear reactor diluting the provisions of Nuclear Liability Bill.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
The air carriers' liability and insurance draft bill has proposed a five-fold increase in compensation in case of death or injury, the report said.
Justices G S Sandhawalia and Harpreet Kaur Jeewan also held the Haryana State Employment of Local Candidates Act, 2020 "ultravires" and said it will become "ineffective from the date it came into force".
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
Larger firms feel that the smaller players have muddied the waters for the IBC process, leading to excessive regulation of resolution Professionals.
... And it's not just fear of job losses, says Ajit Balakrishnan.
Uttar Pradesh Election Watch and the ADR have analysed the self-sworn affidavits of 45 of the total 53 ministers, including the chief minister.
Chief Minister Nitish Kumar and Deputy Chief Minister Tejashwi Yadav also have cases registered against them.
According to a notification issued by the Union home ministry, the Municipal Corporation (Amendment) Act, 2022 will come into effect from May 22.
'The power sector accounts for much of the financial burden of state governments in India.'
British telecom giant Vodafone Group plc on Friday won an arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation.
The Madhya Pradesh legislative assembly on Thursday passed a bill that provides for recovery of losses from the people and organisations responsible for damaging public and private properties during protests.
Women are a minuscule minority of those arrested under the IT Act.
Net direct tax collection in the April-June quarter of the current fiscal rose by 41 per cent to Rs 3,54,569.74 crore, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha. During the April-June period of 2021-22, the government had collected a net direct tax of Rs 2,50,881.08 crore. At the same time, net indirect tax collection including Goods and Services Tax (GST) and custom duty increased by 9.4 per cent to Rs 3,44,056 crore as against Rs 3,14,476 crore in the first quarter of the previous fiscal, he said in a written reply.
The verdict, upholding Centre's November 15, 2019, notification bringing personal guarantors of corporate debtors under the net of the IBC, assumes significance in view of the fact that various high-profile industrialists may now face insolvency proceedings along with their debt-ridden firms under the IBC.
The ministry has also been allocated funds for Lok Sabha polls and photo identity cards for voters.
Many federations and former athletes alike have been calling for an anti-doping legislation to implement the existing rules.
