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 Supreme Court has granted bail to filmmaker Vikram Bhatt and regularized the interim bail of his wife in a multi-crore rupees cheating case lodged in Rajasthan, involving allegations of misappropriated funds for a biopic project.
The Enforcement Directorate has attached assets worth 159 crore in connection with a money laundering investigation related to illegal coal mining in West Bengal. The case involves alleged pilferage and implicates various entities, including the political consultancy firm I-PAC.
West Bengal is on edge as it awaits the results of its recent election, with the TMC and BJP vying for control. The counting process will be conducted under tight security, with the Election Commission implementing stringent measures to ensure a fair and transparent process.
A caste survey conducted in Telangana reveals that certain communities, such as Iyengers/Iyers, report the highest rates of inter-caste marriages, indicating a weakening of social barriers and increased social mobility.
West Bengal Chief Minister Mamata Banerjee has vowed to remove the BJP from power in West Bengal and then at the national level, accusing the Election Commission of favouring the BJP and criticising the opposition parties.
Sri Lanka's response to the Easter attacks has been slow and politically contested, unlike India's swift institutional reforms after the 2008 Mumbai terror attacks, observes Colonel R Hariharan (retd).
West Bengal Chief Minister Mamata Banerjee criticised Prime Minister Narendra Modi's purchase of 'jhalmuri' during a campaign stop, alleging it was a staged event for cameras. She also accused the BJP of aiding Independents from the minority community and criticised the Election Commission over voter roll revisions.
India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.
US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.
The Indian Parliament is expected to extend its budget session to introduce a bill increasing Lok Sabha seats to 816, reserving 273 for women, and amending the women's reservation law.
The Centre has supported the restriction on women of menstruating age entering Kerala's Sabarimala temple, arguing that the Supreme Court's 2018 judgement assumes male superiority.
Years after the Nano exit, Singur's farmers now seek industry and jobs, as the land remains caught between failed promises and political contest.
The Punjab and Haryana High Court has acquitted Dera Sacha Sauda chief Gurmeet Ram Rahim Singh in the 2002 murder case of a journalist, overturning a previous conviction by a special CBI court.
Maharashtra Chief Minister Devendra Fadnavis announced that over 91,000 missing girls have been traced and reunited with their families in the state over the past 13 years. Improvements in tracking mechanisms, police response, and criminal justice reforms have contributed to this success.
Gautam Adani and his nephew Sagar Adani are contesting a US securities fraud lawsuit, arguing lack of jurisdiction and failure to establish wrongdoing in a 2021 bond sale.
The Sabarimala temple women's entry issue has resurfaced in Kerala, leading to a political debate between the ruling CPI(M) and the opposition Congress, as the Supreme Court is scheduled to consider review petitions related to its 2018 verdict.
'In West Bengal, the BJP's ideology of Hindutva will be customised to cater to the culture and the cultural imperatives of Bengalis.'
'Except facilitating builders in default, it is not doing anything else. Better to just abolish this institution.'
The Supreme Court declined to entertain a petition by Jan Suraaj Party seeking annulment of the 2025 Bihar Assembly elections, citing violation of the Model Code of Conduct. The court directed the party to approach the Patna High Court.
'On hard cases like this one, the Supreme Court has only episodically stood against Parliament and the executive government.' 'I worry that this decision sets a precedent where President's rule is imposed in another state... and during the operation of President's rule, the state is fundamentally altered.'
The Supreme Court has initiated suo motu action regarding an NCERT class 8 textbook that references corruption in the judiciary, raising concerns about potential defamation and the integrity of the judicial system.
The Supreme Court has sought responses from the Centre, Tamil Nadu government, and others regarding a plea for the Archaeological Survey of India (ASI) to take over the Thirupparankundram temple and ensure daily lamp lighting on a stone pillar.
Hopefully, the BJP will realise that it's the right time for parivartan (change) in its polarising poll strategies after achieving the impossible-looking goal of winning West Bengal, argues Sheela Bhatt.
TMC leader Abhishek Banerjee has accused the BJP of misusing democratic institutions and stoking communal discord in Bengal, criticising their 'double engine' governance model.
Union Home Minister Amit Shah launched the BJP's manifesto for West Bengal, promising a Uniform Civil Code, a Bengali chief minister, and improved governance.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.
The Enforcement Directorate (ED) has arrested I-PAC co-founder Vinesh Chandel in connection with a money laundering case linked to the coal scam probe in West Bengal, escalating tensions ahead of the state's Assembly elections.
The Trinamool Congress (TMC) has announced its candidates for the upcoming Rajya Sabha elections, including Babul Supriyo, Rajeev Kumar, Menaka Guruswamy, and Koel Mallick.
Activist and scientist Sonam Wangchuk, currently lodged in Jodhpur Central Jail, was taken to AIIMS Jodhpur for a medical examination following concerns about his declining health. The Supreme Court has requested his medical report.
The Supreme Court of India has directed the central government to establish a no-fault compensation policy for individuals who experience serious adverse events after receiving a COVID-19 vaccine.
A Delhi court acquitted a Brazilian national in a 2016 cocaine seizure case, citing the prosecution's failure to comply with mandatory provisions of the NDPS Act.
It was hearing the plea which alleged that the collegium recommendation of the high court was void as one of the senior judges, Justice Nisha Banu, was not part of the deliberations.
India and the US have decided to reschedule their meeting to finalize the interim trade pact due to recent developments and implications, including changes in US tariffs.
Punjab's AAP leader Baltej Pannu has criticised the central government's changes to the Bhakra Beas Management Board (BBMB) appointment rules, claiming it's an attempt to control the state's river waters.
The Supreme Court's stay on the UGC equity regulations aimed at preventing caste-based discrimination on campuses has been met with mixed reactions. Opposition parties welcomed the decision, while some expressed concern over the implications for marginalized communities.
Congress leader Bhupinder Singh Hooda has criticised the Centre's latest notification regarding the Bhakra Beas Management Board (BBMB), calling it 'anti-Haryana' and raising concerns about the state's water rights and employment opportunities.
The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.
Amita Singh Tomar, a woman tehsildar who gained fame on 'Kaun Banega Crorepati', has been arrested for her alleged involvement in a Rs 2.5 crore flood relief scam in Madhya Pradesh.
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