The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.
A Bangladesh court on Thursday sentenced deposed prime minister Sheikh Hasina to 21 years in jail in three corruption cases related to irregularities in allocations of land in a government housing project.
'Theatrics replace analysis. Public spectacle takes the place of public service.'
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and Meta for advertising purposes, offering a breather to the tech giant. Meta welcomed the "NCLAT's decision to grant a partial stay on the Competition Commission of India's (CCI) order" and said it will evaluate next steps.
'Repeated adjournments are one of the largest contributors to lengthy litigation cycles.'
The Supreme Court intervened to ensure a tragedy-struck widow received compensation from the Railways after a 20-year legal battle following her husband's death in a train accident.
A senior Pakistani minister has admitted that the country failed to capitalize on the China-Pakistan Economic Corridor (CPEC), citing attempts by the previous government to undermine Chinese investments, leading to investor flight.
The tribunal was constituted on March 18 for the purpose of adjudicating whether or not there was sufficient cause for declaring the MCJK-Bhat an unlawful association.
The Competition Commission of India (CCI) on Monday told the National Company Law Appellate Tribunal (NCLAT) that no internet intermediary could come close to WhatsApp in terms of revenues as well as assets.
'Even today illegal foreign immigrants live in Assam and their names might be on the voters list. This we can get rid of only by doing SIR.'
The development comes as relations between the two countries showed marked improvement following the four-day military conflict between Pakistan and India in May.
The Supreme Court is examining the validity of the Election Commission's decision to conduct special intensive revisions of electoral rolls in several states, focusing on concerns about democratic participation and the burden on ordinary voters.
Bangladesh's election commission on Wednesday said it has 'locked' deposed prime minister Sheikh Hasina's national identity cards, effectively barring her from voting in the general elections scheduled for February next year.
The Delhi High Court imposed a cost of Rs 20,000 on the central government for concealing facts in its plea seeking review of an order relating to the promotion of IRS officer and former NCB Zonal Director Sameer Wankhede.
India's archers endured a night of chaos when their return to the country from Dhaka after the Asian Championships was delayed by a day due to a cancelled flight.
Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.
The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.
'By leveraging user data from WhatsApp, Meta can enhance its technology.' 'It (user data) is collected by me, it's my personal property. Shall I give it to my competitors?'
After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.
On August 5, 1953, Jawaharlal Nehru sent a strange note to the foreign secretary. It is worth mentioning because it was symptomatic of the lack of knowledge about Western Tibet in India and in South Block in particular, notes Claude Arpi.
This marks the first time that the ousted Awami League leader has been sentenced in any case since she left office and fled the country 11 months ago.
The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.
Authorities in Bengaluru have sealed the studio premises hosting the Kannada reality show 'Bigg Boss' due to serious violations of environmental regulations cited by the Karnataka State Pollution Control Board (KSPCB).
China calls the shoal Huangyan Dao. China has already deployed some of its biggest CCG vessels in the area to assert its claims.
The Securities and Exchange Board of India (Sebi) has identified around Rs 77,800 crore as "difficult-to-recover" or DTR dues in its annual report for 2024-25 (FY26), marking a nearly 2 per cent increase from the previous year. These dues remain unrecovered despite exhaustive recovery efforts.
The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.
The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.
The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.
'Periods of vacancy, which have become more common in recent years, can affect the pace of decision-making.'
The Securities Appellate Tribunal (SAT) on Monday set aside the penalty imposed by Sebi on Reliance Industries Ltd's chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. The ruling has come after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (Sebi) in January 2021. In January 2021, Sebi imposed a Rs 25 crore fine on Reliance Industries Ltd(RIL), Rs 15 crore on Ambani, who is the company's chairman and managing director, Rs 20 crore on Navi Mumbai SEZ Pvt Ltd and Rs 10 crore on Mumbai SEZ Ltd in RPL case.
Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was at Rs 91,260 crore, compared to Rs 1.15 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
The Supreme Court has put on hold several key provisions of the Waqf (Amendment) Act, 2025, including the clause that only those practicing Islam for the last five years can dedicate a property as Waqf. The court also addressed the powers of collectors and non-Muslim participation in Waqf Boards.
The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.
Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.
As the National Sports Governance Bill is set to become a law, the country's national federations and Indian Olympic Association (IOA) President P T Usha on Tuesday welcomed the landmark policy, calling it a step in the right direction as India gears up to bid for the 2036 Olympics.
A timeline of key events that shaped the RSS' journey, including the various highs and lows, as the organization approaches its 100th anniversary.
Sinner parted ways with Ferrara and physiotherapist Giacomo Naldi last year following the investigation into his positive tests for banned substance clostebol.
Former Sri Lankan domestic cricketer Saliya Saman has been banned from all cricket for five years for match fixing during the 2021 Abu Dhabi T10 Cricket League.
