Rekha vs Gold Link Finance on 17 September, 2024
Himachal Pradesh High Court Rekha vs Gold Link Finance on 17 September, 2024 Neutral Citation No. ( 2024:HHC:8627 ) THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA Criminal Revision No. 462 of 2023 Reserved on: 05.08.2024 . Date of Decision: 17.09.2024 Rekha ….Petitioner Versus Gold Link Finance ….Respondent Coram Hon’ble Mr Justice Rakesh Kainthla, Judge. Whether […]
Naspers gets CCI’s clearance to buy minority stake in Vastu Housing Finance Corp, ET LegalWorld
Fair trade regulator CCI on Tuesday cleared South Africa-based Naspers’ proposal to acquire a minority stake in Vastu Housing Finance Corporation Ltd. Naspers Ventures BV is an indirect and wholly-owned subsidiary of leading global technology investor Prosus NV. Naspers is an investment holding company and its principal activity is to make investments by providing direct […]
MoS Finance likely to be convenor of GoM on GST compensation cess, ET LegalWorld
The Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj Chaudhary and include members from states, an official has said. The official further said the Terms of Reference (ToR) and the members of the GoM are in the process of […]
Finance Minister Defends Different Gst Rates For Different Products, ET LegalWorld
Union finance minister Nirmala Sitharaman defended different GST rates imposed on different products, stating that the rates were fixed by consensus in the GST council which has representatives from all states. “How can a value-added product and a raw product be taxed uniformly?” she asked at a press conference in Coimbatore on Thursday in response […]
AU Small Finance Bank submits application to RBI for universal bank licence, ET LegalWorld
AU Small Finance Bank (AUSFB) on Tuesday submitted an application to the RBI seeking approval for universal bank licence. The RBI in April invited applications from small finance banks meeting specified criteria, including a minimum net worth of Rs 1,000 crore, for becoming regular or universal banks. AUSFB submitted an application to the central bank […]