In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.
The National Green Tribunal on Wednesday slammed the Uttar Pradesh Pollution Control Board, asking whether it disputed the Central Pollution Control Board's finding on high levels of faecal coliform being found in the water at various locations in Prayagraj during the ongoing Mahakumbh.
All-rounder Shams Mulani starred with the ball to spearhead India A's remarkable recovery against India D on Day 1 of the Duleep Trophy match.
SKY and Saurabh shared a dressing room in domestic tournaments nearly a decade ago. Netravalkar also represented India in the U-19 World Cup in 2009, alongside K L Rahul, Mayank Agarwal and Jaydev Unadkat.
GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November, the finance ministry said on Friday. Goods and Services Tax (GST) mop-up was over Rs 1.45 lakh crore in November 2022.
'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'
GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case their suppliers fail to deposit the due tax by September 30, the finance ministry has said. The taxpayers, however, can reclaim the ITC later following the deposit of taxes by the supplier. The ministry has inserted Rule 37A in Central Goods and Services Tax rules to give effect to the new provision.
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.
The likes of Shreyas Iyer, Sanju Samson, Riyan Parag and Rinku Singh will get another opportunity to enhance their red-ball credentials when the final round of Duleep Trophy matches begin in Anantapur
Rinku Singh picked for second round as top stars leave for Test series against Bangladesh. Mayank Agarwal has been named as India A captain in Gill's place.
India all-rounder Hardik Pandya will not be available for the league stage matches of the Vijay Hazare Trophy because of personal reasons, but he will join Baroda if they progress to the knockouts.
The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday. The collection from Goods and Services Tax (GST) was Rs 1,43,612 crore in August 2022. "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Malhotra told reporters.
India fast bowler Mohammed Siraj was ruled out of the upcoming Duleep Trophy because of illness.
Suryakumar Yadav will miss the first round match after suffering a a sprain to his right thumb.
While mostly corporates, including established names and little-known ones, went for the top-denomination bonds, there were also several individuals who bought multiple such bonds.
A round-up of the Ranji Trophy matches played on Monday
Milind Kumar played seven seasons for Delhi in Ranji Trophy along with stints for Sikkim and Tripura before he migrated to the US in search of better opportunities.
While the pace department needs some urgent solutions, the spin has a slightly different landscape.
Mitesh Patel and Atit Sheth staged a spirited recovery for Baroda, taking them to 241 for six against defending champions Mumbai on day one of their Ranji Trophy opener in Vadodara on Friday.
Seniors Rohit Sharma,Virat Kohli, Jasprit Bumrah and Ravichandran Ashwin received exemptions for the Duleep Trophy, starting in Bengaluru on September 5.
A round-up of the Ranji Trophy matches played on Saturday.
The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.
Central will face West Zone in the semi-final at the Alur grounds from July 5. In the second semifinal, North Zone will take on South Zone at the Chinnaswamy Stadium.
NewsClick on Wednesday alleged in the Delhi high court that investigating agencies were abusing the process of law to subject it to criminal prosecution to create a "chilling effect".
The court said the Delhi government was "interested in appropriation of power".
Mumbai's run machine Sarfaraz Khan was ruled out of the match because of injury.
While the Aam Aadmi Party is contesting on four seats, the Congress has fielded candidates for the remaining three seats.
Yuzvendra Chahal might be despondent after the selectors snubbed him for the T20I series against Australia, but the leg-spinner channelised his angst positively with a six-wicket burst against Uttarakhand.
The high court also said that Kejriwal's absence cannot allow students to go through the first term without free text books, writing material and uniform in schools under the Municipal Corporation of Delhi.
Pujara went into lunch on 92 and hardly wasted any time to reach the landmark upon his return. Pujara hammered Saurabh for a couple of fours, one through the cover and one behind the point fielder, to complete his hundred.
A summary of Monday's play in the Ranji Trophy matches at various venues across the country.
A round-up of Day 1 of the Ranji Trophy matches played on Monday
Dinesh Karthik hit a quickfire half-century as Tamil Nadu overcame a jittery start to down Baroda by 38 runs.
Mayank Agarwal played a captain's knock of 109, as his side took a 64-run lead on Day 2
Saurashtra's middle-order batter Sheldon Jackson followed in senior teammate Cheteshwar Pujara's footsteps, completing his century on day two of their Ranji Trophy Group A tie against Rajasthan to guide the defending champions to a 300-plus total in Jaipur on Saturday.
Cheteshwar Pujara continued his good form in Ranji Trophy as he slammed his second successive century as Saurashtra dominated their Elite Group A match against Manipur.
Veteran batter Cheteshwar Pujara slammed his second hundred of the ongoing Ranji Trophy season, guiding Saurashtra to a comfortable 242 for four against Rajasthan on the opening day of their Group A match, in Jaipur on Friday.
Narayan Jagadeesan followed up his double ton in the previous game with a magnificent triple century to help Tamil Nadu declare their first innings
The match played at Just Cricket ground was reduced to 34 overs per side.
The power minister briefed the investors on various steps undertaken by the government.
