Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."
"If the job profile is same, then how you justify different pay? A lot will depend on the job profile. Get instructions on this and put it on an affidavit," a bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad told Additional Solicitor General Aishwarya Bhati who was representing the Centre.
Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA), citing implementation challenges. Sources said FPIs, through their custodians, were planning to approach the ministry, highlighting key concerns and seeking more clarification. The ministry, through a notification on March 7, lowered the threshold for reporting ultimate beneficial ownership (UBO) for non-profit organisations and politically exposed persons to 10 per cent from 25 per cent.
A bench of justices D Y Chandrachud and Hima Kohli asked Yediyurappa to implead the Karnataka government in his plea and issued notice to the state.
An audit conducted by professional services firm Alvarez and Marsal confirms fintech firm's dealings with fake or non-existent vendors.
After reaching a deal with ANZ in a six-year tussle, Pankaj and Radhika Oswal have left Australia and plan to start a new venture in New York
Make sure that the person you are buying the plot from is the rightful owner.
Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.
Earlier last month, for the first time ever, an anonymous hacker was served with a restraining order as a non-fungible token (NFT), reports Shivani Shinde.
Defence sources said the deceased has been identified as Tushar Atri, a resident of Aligarh in UP.
The government on Thursday said 18,600 toys have been seized in the last one month from major retail stores, including those of Hamleys and Archies, at airports and malls across India for lack of BIS quality mark and use of fake licences. Meanwhile, consumer protection regulator CCPA has also issued notices to three major e-commerce players -- Amazon, Flipkart and Snapdeal -- for alleged violation of toys quality control order, it said. Since January 1, 2021, the government has made it mandatory for toys to conform with safety norms specified by the Bureau of Indian Standards (BIS), a national standard setting body.
The new AIS is expected to make the taxpayer's task of filing ITR easier and faster, points out Bindisha Sarang.
Despite the government crackdown on Web sites advertising escort services, the Internet leaves enough wiggle room for debauchery to thrive.
The court dismissed a plea seeking cancellation of registration of AAP for allegedly using forged documents.
The committee, which was formed by the National Human Rights Commission chairman on a direction by a five-judge bench of the high court, also said that these cases should be tried outside the state.
In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as part of the free trade deal inked. This may lead to savings up to $200 million each year for over 100 Indian IT companies operating in Australia. "The Government of Australia has agreed to amend the domestic taxation law to stop the taxation of offshore income of Indian firms providing technical services to Australia. "This will resolve the issue that the Indian government has raised about the double taxation avoidance agreement (DTAA) between the two governments for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income," said a commerce ministry official.
At present, the Mactan Cebu International Airport can handle seven million passengers a year
This is the third arrest made by the STF in the case.
On April 15, 2013, the convicts had shoved objects in the victim's private parts and leaving her in a house believing she was dead. The child was rescued 40 hours later on April 17 and had to undergo multiple surgeries at All India Institute of Medical Sciences hospital in Delhi.
Gianiji had crafted his moves with the meticulous planning of a chess grandmaster. He did not know whether a checkmate was feasible, as his time was running out, but he wanted Rajiv Gandhi to smell the fear of loss. A fascinating excerpt from K C Singh's The Indian President: An Insider's Account of the Zail Singh Years.
Stalin is preparing the DMK to go the whole hog in making 'federalism', 'Tamil self-respect' and 'communal cohesiveness' the party's poll plank next year, and package the BJP and its possible allies, as 'divisive' and 'reactionary', predicts N Sathiya Moorthy.
It said that the transit was "ongoing" and that there had been "no interference from foreign military forces so far."
The opposition will seek to target the government on the issue of farmers' plight as well as their demand for a legal backing for minimum support price.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
The total cost of internet shutdowns across the world stood at $8.05 billion in 2019, an increase of 235 per cent since 2015-16.
Chief Justice of India (CJI) D Y Chandrachud's first 100 days in office saw the Supreme Court take a giant leap towards reforms, especially making courts more technology-friendly, and ensuring relatively fast judicial appointments including those of eight judges to the apex court.
Indrani is in a buoyant and energetic frame of mind these days -- in a full-on Mood Positive. She has a tell-all book titled Unbroken out, that she terms as an 'eet ka jawab kalam se' and appears in media interviews all over the place, when she is not kick-boxing, doing yoga, or travelling, visiting temples, or floating in shikaras on Srinagar's Dal Lake.
Calling anyone 'Chinki', 'Chinese' or making any other derogatory remark relating to race, culture or physical appearance will land you in jail for up to five years, according to a proposal which the home ministry is considering.
'Such a struggle at Kalakshetra is unprecedented.'
The advent of artificial intelligence, blockchain technology and cryptocurrencies, and the increasing use of Internet of Things devices throw techno-legal challenges regarding privacy and security. Experts say, any expansion of power to the government to block web-services is detrimental to the interests of users, innovation, and India's larger technology ecosystem. The move to block the mobile apps is likely to have a lasting impact on the data security and privacy framework.
In other countries, Street View's content comes from two sources -- Google and individual contributors. However, in India, these will be collected by the tech giant's new local partners.
The income tax department on Wednesday conducted raids in multiple states as part of a pan-India tax evasion probe against certain registered unrecognised political parties (RUPP) and their alleged dubious financial transactions, official sources said.
DCW chief Swati Maliwal on Friday sought intervention of the Chief Justice of India and the President against releasing of the juvenile convict in the December 16 gang-rape case, saying he must be kept in observation home until his reformation is ascertained.
The CJI said the higher judiciary is getting 'flooded' with bail matters because of the reluctance at the grassroots level to grant bail.
The ISRO spy case is dead. And yet, not dead.
'The court has awarded me the capital punishment by wrongly holding that the case falls in the category of rarest of rare.'
Deciding the goods and services tax rate on fryums papad could be a messy affair with the Appellate Authority for Advance Rulings (AAAR) of Gujarat now ruling that the ready-to-eat product would draw 18 per cent rate. In that connection, it slightly modified the ruling of the state-based Authority for Advance Rulings (AAR). The AAR had also ordered that these products would draw 18 per cent GST but under a different classification.
The referendum by the Russian authorities on the annexation of occupied territories of Ukraine was largely seen as a "sham referendum" and has been widely criticised by various countries.
The bench, headed by Justice Patil, however, allowed a significant leeway for the developers in the judgment by permitting the state-level RERA Authority and the Appellate Tribunal to consider delays on a case-to-case basis, and not to cancel such projects or developers' registration in cases where the delay was caused due to "exceptional and compelling circumstances."
The Delhi high said that the trial court order was unsustainable in law.
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