In the case of Prity Dokania Vs State of Jharkhand, multiple petitioners, including Prity Dokania, challenged various ...

However, the RBI’s approach is distinguished by its inflation-targeting mechanism, introduced in 2016, which aims to keep inflation within a defined range between 4% and 2%. In contrast, economies ...

If you earn income in India, certain types like rental income or interest on deposits will have TDS (Tax Deducted at Source) applied at a higher rate for NRIs, as per Section 195. But if the actual ...

Maruti Suzuki India Limited, hereinafter referred to as “MSIL,” was penalized with a heavy fine of INR 2 billion by the Competition Commission of India (CCI) for doing resale price maintenance (RPM) ...

Budget 2021 came up with the insertion of section 148A of the Income Tax Act. It is a welcome section from the point of view of taxpayers. In simple terms, ...

This reform aims to democratize access to the public procurement ecosystem, particularly benefiting micro and small enterprises (MSEs) that often face financial hurdles. In FY 2024-25, the services ...

It must be disclosed here that the Division Bench made the key observations batting most strongly in favour of journalists while dealing with a contempt petition that had been moved by Punjab and ...

By Finance Act, 2020, i.e. from 1 st April, 2021 new section 115BCA was introduced, where in for individual and HUF assesse different rate of tax has been introduced and assesse has given an offer to ...

Summary The National Pension System Vatsalya (NPS Vatsalya) scheme, launched by the Ministry of Finance, aims to foster early savings habits and long-term ...

This letter serves as a formal request for the closure of a company’s current account and the transfer of its remaining balance to another designated account. The authorized signatory, acting on ...

Summary: Appeals under Section 107 of the CGST Act, 2017 must be filed within 3 months from the date of communication of an adjudicating authority’s order, with an additional 1-month extension for ...

1. (1) These rules may be called the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2024. (2) They shall come into force on the date of their publication in the Official Gazette.