Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by taxpayers. The Mauritius government had in February decided to amend the double taxation avoidance agreement (DTAA) with India to align with the Organisation for Economic Co-operation and Development's proposal on base erosion and profit shifting. Although the agreement between India and Mauritius was signed on March 7, the protocol of the amendment was made public for the first time on Wednesday, said legal experts.
President Pranab Mukherjee on Friday gave his assent to Rajasthan's amendment to three laws -- the Factories Act, Industrial Dispute Act and Contract Labour Act.
Parliament may witness another stormy day in both Houses.
In a veiled attack on CM Shinde, Thackeray said the 'Kansa Mama', a reference to a character in Mahabharat, is busy getting rakhis tied on his wrists and asked when he will get justice for the nieces.
ILO acts upon a plea by 10 central trade unions objecting to the ordinances proposed to temporarily scrap labour laws in Uttar Pradesh and Gujarat, along with executive orders issued by at least 10 states to increase the daily working limit to 12 hours from eight hours, along with other labour law changes.
The report, which was submitted to the apex court on March 19, 2021, was made public on Monday. The three-member committee had also suggested many changes in the laws, including giving freedom to states to make Minimum Support Price (MSP) system legal.
The Gujarat high court on Thursday put a stay on the operation of some sections related to interfaith marriages of the state's new anti-conversion law.
The move comes after the Punjab assembly earlier this month adopted a resolution against the farm laws and unanimously passed four bills to counter the Centre's contentious legislations.
"The Commission, with certain additional resources, can undertake the exercise of (holding) simultaneous elections in future," he said.
The Rajya Sabha has already given its nod to the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Bill, 2023.
Bose, who completed a year as the governor on Tuesday, said his priority is the well-being of the people of the state.
Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties
The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.
Here are handful of the number of amendments expected and predicted by analysts in the Union Budget for 2013-2014.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
'The lack of a majority isn't the issue. He has enough in 240, especially as none of his allies can pull down his coalition.' 'That's why he's started as if this were just another, normal term. That pretence is vital for him.' 'The change for Modi 3.0 comes not from numbers, but from the new environment of contestation,' points out Shekhar Gupta.
On the Citizenship Amendment Act, the Ajmer Dargah chief also said that in the last few years, Muslims have been misled about the CAA law.
The government has initiated the process to safeguard buyers from online frauds.
The Uttar Pradesh police on Monday gunned down one of the accused in the sensational February 24 killing of a prime witness in the 2005 murder case of then Bahujan Samaj Party MLA Raju Pal in an encounter in Prayagraj.
The tribal areas, where autonomous councils were created under the 6th Schedule of the Constitution, were also exempted from the purview of the CAA, officials said quoting from the rues of the law that were notified on Monday.
Farmer leaders on Saturday said the protesting unions stand firm on their demand of a complete repeal of the three agri laws and asserted that they are ready for talks with the government, but that should be held without any condition.
The Bill provides for according Indian citizenship to the the Hindus, Jains, Christians, Sikhs, Buddhists and Parsis from Bangladesh, Pakistan and Afghanistan after six years of residence in India instead of 12 years even if they do not possess any document.
The Supreme Court on Tuesday dismissed the Punjab government's appeal against a high court verdict quashing its decision to expand the definition of 'NRI quota' for admissions in undergraduate medical and dental courses in the state. "This fraud must come to an end now," the apex court said.
Farmers said the agenda of the meeting should also include amendments to be made and notified in the Commission for the Air Quality Management in National Capital Region and Adjoining Areas Ordinance, 2020 to exclude farmers from its penal provisions.
'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'
In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.
There is nothing "fundamentally inconsistent" with a minority institution being an institution of national importance (INI), the Supreme Court said on Wednesday while hearing arguments on the vexed issue of minority status to Aligarh Muslim University (AMU).
Grappling with the intractable issue of Aligarh Muslim University's minority status, the Supreme Court said on Thursday the 1981 amendment to the AMU Act, which effectively accorded it a minority status, only did a "half-hearted job" and not restore to the institution the position it had prior to 1951.
The court was hearing a PIL by Gantavya Gulati, a lawyer who was appearing in person, seeking to address the "exigent legal lacuna" resulting from the enactment of the BNS which has also led to the repeal of section 377 of the Indian Penal Code (IPC).
The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.
'It is only under the BJP that laws are made and unmade without prior Cabinet approval'
Sources said the two Acts will be amended to provide for voluntary sharing of the 12-digit identification number for obtaining new mobile phone connections and for the opening of bank accounts.
The court can neither rewrite nor alter provisions and the very fundamental architecture of a law as conceived at the time of its framing even by reading something into it, the Centre told the Supreme Court on Wednesday.
'India should not succumb to the US ploy and help their approach by over-dramatizing the importance of the 123 Agreement to the Indian public.'
Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.
The Tamil Nadu assembly on Thursday once again unanimously adopted the bill to ban online gambling, weeks after state Governor R N Ravi had returned it to the government for its reconsideration.
The Supreme Court on Wednesday directed that the petition challenging the constitutional validity of the farm laws will be tagged with other similar matters pending before it.
The Delhi high court on Tuesday asked the Centre to reply on a PIL over striking down the Government of National Capital Territory of Delhi (GNCTD) Amendment Act which increases the powers of the lieutenant governor.
A bench headed by Chief Justice D Y Chandrachud posted the matter for resumed hearing on April 9.
After widespread criticism about the new amendment made to the Kerala Police Act, Kerala Chief Minister Pinarayi Vijayan said that it will in no way be used against free speech or impartial journalism and apprehensions to the contrary are unfounded.
