Legally Bharat

CBDT grandfathers treaty benefits with Mauritius, 2 more nations, ET LegalWorld

The income tax department has come out with a fresh guidance note on applicability of Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively. The Central Board of Direct Taxes (CBDT) in its guidance note on PPT also clarified that the grandfathering provisions under the India-Cyprus DTAA, India-Mauritius DTAA and India-Singapore […]

All high court judges are entitled to equal benefits, Legal News, ET LegalWorld

SC on Tuesday said the high court judges recruited from the district judiciary would be entitled to same benefits including pension, at par with judges elevated from the bar. A bench of Chief Justice of India D Y Chandrachud and Justice J B Pardiwala and Manoj Misra said the sources from which the high court […]

Registration-cum-membership certificate not mandatory for exporters to seek scheme benefits: DGFT, ET LegalWorld

The commerce ministry’s arm DGFT has clarified that registration-cum-membership certificate is not mandatory for exporters to seek benefits under schemes like duty drawback and remission of state levies. According to the Foreign Trade Policy, a Registration-cum-Membership Certificate (RCMC) is required for exporters in order to avail benefits under the policy. Holding the certificate can also […]

Govt extends export benefits under RoDTEP till Sep 2025, Legal News, ET LegalWorld

The government on Monday extended benefits under the RoDTEP scheme for exports made from domestic tariff area (DTA) units for one year till September 30, 2025. The scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) provides for refund of taxes, duties and levies that are incurred by exporters in the process of […]