Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.
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The drive against insider trading comes after SEBI last year received enhanced investigation powers from parliament, including the ability to monitor call records.
The Ayodhya district administration has told news channels that litigants in the Ayodhya land dispute case should not be part of any discussions that they broadcast from the temple town during the 'Bhumi Pujan' for the Ram temple on August 5. In an advisory, it also said that if channels are broadcasting a debate or programme from Ayodhya in Uttar Pradesh during the ground-breaking ceremony, there should be no comments against any person or religion.
'We should be careful in creating a new Internet justice system in case it's misused.'
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay.
Vacancies in high courts continue to mount with the collegium which made a comeback three months ago yet to recommend fresh names for the posts, including that of chief justices to eight of them.
CPI-M veteran Pinarayi Vijayan was elected its Parliamentary party leader, paving the way for his successive stint as chief minister of Kerala.
India's Directorate General of Foreign Trade on March 25 banned the export of Hydroxychloroquine but said that certain shipments on humanitarian grounds may be allowed on a case-by-case basis. With more than three lakh confirmed cases of coronavirus infection and over 8,000 fatalities, the US has emerged as the worst sufferers of the deadly coronavirus diseases to which there has been no cure.
The BJP which stormed into Mamata Banerjee's fortress earlier this year by bagging 18 of the 42 Lok Sabha seats faced immense flak when the final NRC in Assam left out Bengali Hindus in large numbers.
The Apex court, in a majority verdict of 2:1, asked Gopal Ansal to surrender within four weeks to serve the remaining jail term of the one year punishment.
The Enforcement Directorate arrested Shah over a decade-old money laundering case.
The apex court, which took notice of the attack and ordered the local authorities to appear before the court on January 5, also directed the board to submit in court details of all functional and non-functional temples and gurdwaras across Pakistan, Dawn newspaper reported.
As the West Bengal chief minister was busy containing the fallout of an internecine feud in her TMC following a rebellion by a redoubtable Suvendu Adhikari, the Centre shot off a fresh letter to her government to immediately relieve three IPS officers for central deputation.
'The decision by this Hon'ble Court, whichever way it goes, will impact future generations.'
The Bill seeks to grant Indian citizenship to non-Muslim refugees from Pakistan, Bangladesh and Afghanistan escaping religious persecution there.
The arguments in the matter were the second longest after the landmark Keshvanand Bharti case in 1973 during which the proceedings for propounding the doctrine of basic structure of the Constitution continued for 68 days.
The two armies had mutually decided not to resort to use firearms during face-offs in sync with provisions of two agreements on border management.
The Marathi poem, Gandhi Mala Bhetala (Gandhi met me), is a satirical critique of those who falsely claim to follow the path of Mahatma Gandhi
Addressing a health card distribution ceremony in Peshawar, Chief Minister Khan said the government has issued orders to rebuild the temple. The attack on the temple in Terri village in Khyber Pakhtunkhwa's (KP) Karak district on Wednesday drew strong condemnation from human rights activists and the minority Hindu community leaders.
Pawar was the deputy CM twice in the 15-year regime of Congress-NCP alliance in Maharashtra during 1999-2014.
A local court on Monday rejected the bail plea of senior Communist Paryt of India-Marxist leader M M Mani, arrested in connection with a three-decade-old political murder case which was re-opened in the wake of a controversial speech made by him.
In his first poll rally for the April 6 assembly polls, Modi rooted for the Tamil language, culture and invoked the welfare legacies of M G Ramachandran and J Jayalalithaa, late chief ministers and All India Anna Dravida Munnetra Kazhagam icons.
Actor Salman Khan had knowledge that his act of rash driving would result in death or injuries to people, a magistrate observed while charging him with a more serious offence of culpable homicide not amounting to murder in a decade-old hit-and-run case.
Senior advocate Rajeev Dhavan, representing the Muslim parties in the case, tore up a pictorial map.
According to India's assessment, the release of the new political map by Nepal and obtaining a legal backing to it from the lower house of Nepalese Parliament were part of a "myopic" agenda to gain mileage in domestic politics.
A tough administrator and an immensely popular face in his largely rural assembly segment Baramti in Pune district, Ajit is also a maverick leader who doesn't shy from being on a different page from his party.
'Do the Muslims of India think that they are receiving justice from their nation and particularly from the Supreme Court?'
Suspended IPS officer Sanjeev Bhatt, seeking relief in a 1990 case related to alleged police atrocity, on Thursday told the Gujarat high court he was being "harassed" by the state government as he has made allegations against Chief Minister Narendra Modi regarding the 2002 riots.
The titular eighth Nizam of Hyderabad, Prince Mukarram Jah, says he wants a 'clean break' from a decades-old legal fight over funds lying in a United Kingdom bank account belonging to his ancestors, as he waived his right to a share in the estimated 4,00,000 pounds leftover after an English high court order from last year.
'As of now, it is hard to see how the stalemate can be broken.' 'For the Sikh Jat farmers who constitute the core of the protest are a simple-minded but stubborn lot. 'They are unlikely to call off the stir unless provided a sense of 'victory'.' 'Give them a reason to boast that they brought the government to its knees and they will start singing hallelujahs to the Modi government,' argues Virendra Kapoor.
The contentious Citizenship (Amendment) Bill, 2019 (CAB), which generated widespread protests in the north-eastern states, is expected to be tabled in the Lok Sabha on Monday for consideration and passage.
All those sizzling and sensational moves inspired Sukanya Verma to draw a list of 10 of Bollywood's hottest dancers right now.
Ailing Pakistani scientist Mohammed Khalil Chisti, who was granted bail by the Supreme Court on Monday in a two-decade-old murder case, is likely to be released from Ajmer jail on Wednesday. Chisti, 80, is serving a life term after his conviction in January last year. He was granted bail on humanitarian grounds but the order is yet to be received by the trial court. "We will go to the fast track court tomorrow after the order is received," said Jamil Chisti.
'Akahara' apprised a 5-judge Constitution bench, headed by Chief Justice Ranjan Gogoi, of its stand following a direction whether it opposes the plea of the deity in view of the fact that its right as 'shebait' (devotee) over the property can only stand if the lawsuit of 'Ram Lalla Virajman' is allowed.
No one can claim ownership right over the sacred place by merely putting up a structure like a mosque, a counsel for 'Ram Lalla' told the Supreme Court.
The tripartite agreement was signed by Assam Chief Minister Sarbananda Sonowal, top leadership of the four factions of the NDFB, ABSU, Joint Secretary in the Home Ministry Satyendra Garg and Assam Chief Secretary Kumar Sanjay Krishna in presence of Union Home Minister Amit Shah.
What's required is proper implementation of the rules and better coordination between market intermediaries such as stock exchanges and clearing members who play a key role in monitoring brokerages.
All political parties have appeal for peace and harmony.
Global football body FIFA has been urged by its own human rights advisory panel to give Iran a deadline for allowing women to watch football matches.
