Amalorpavam Higher Secondary School vs The Union Territory Of Puducherry on 21 January, 2025
Madras High Court Amalorpavam Higher Secondary School vs The Union Territory Of Puducherry on 21 January, 2025 2025:MHC:184 W.P.No.13619 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS Reserved on 21.10.2024 Pronounced on 21.01.2025 CORAM THE HONOURABLE MS.JUSTICE R.N.MANJULA W.P.No.13619 of 2024 and W.M.P.No.14771 of 2024 Amalorpavam Higher Secondary School, Rep. by its Principal, […]
Confused as how GST hike on used car will work? Here’s how a higher GST of 18% will impact individuals and businesses, ET LegalWorld
The GST council has recommended an increased 18% GST rate on the margin value of used car sales for specified petrol vehicles with 1200 cc or more, diesel vehicles with 1500 cc or more, and all EVs. The GST council also did not specify any new reverse charge liability or liability to tax on vehicles […]
Maharashtra increases Stamp Duty amid economic push, Experts warn of higher costs for arbitration and small businesses, ET LegalWorld
The Maharasthra government has released an ordinance to amend the Maharashtra Stamp Act, 1958 proposing the increase in stamp duty on affidavits, agreements and related documents to Rs 500 from the present Rs 100. The stamp duty on share capital has been increased to Rs 1 crore from Rs 50 lakh. The Schedule I to […]
GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance, ET LegalWorld
A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in rates of multiple goods, as well as moving of shoes and watches priced above a certain threshold to the 28% tax bracket, from 18% now. The suggestion to introduce a price-based determination […]
Festive season will bring in higher GST collections in coming months: Experts, ET LegalWorld
After the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed optimism for the collections in the upcoming months, citing the continued festive season and the government’s focus to ensure a stable revenue trajectory. The economic experts say that the current month’s […]