Tech industry bats for deeptech fund, tweaks in safe harbour rules’ threshold, ET LegalWorld
India’s apex IT industry body Nasscom has batted for tweaks in safe harbour rules and widening the scope for utilisation of SEZ reinvestment reserves in its Budget wishlist, while advocating for creation of a central deeptech fund to bolster startup ecosystem in India. Creation of a grant framework for the deeptech ecosystem, and making the […]
GST intelligence wing, ET LegalWorld
The directorate general of Goods and Services Tax Intelligence Wing (GST IW), Jamshedpur regional unit, has exposed tax fraud, estimated to exceed ₹100 crore. Led by joint director Sarthak Saxena, six teams comprising 40 members conducted raids across eight locations in Jugsalai, Adityapur, and NH-33. The 30-hour operation, which began on Friday, concluded on Saturday. […]
Income tax payers want FM Sitharaman to cut rates, ET LegalWorld
A pre-budget survey reveals that individual taxpayers want relief on the personal tax front to increase their disposable income in Budget 2025-26 to be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1. A majority of respondents, 57 per cent, want lower tax rates, while 25 per cent advocate for higher exemption limits, […]
Govt proposes more sops for scrapping vehicles with BS-II, older emission standard, ET LegalWorld
With an aim to get rid of high-polluting vehicles, the transport ministry has proposed to double the rebate up to 50 per cent in one-time tax on purchase of new vehicles after scrapping those with BS-II and earlier emission standards. At present, a discount of 25 per cent in Motor Vehicle tax is provided on […]
NCLAT set aside penalty on lenders for delay in Mudra Denim insolvency process, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai bench of the National Company Law Tribunal had, on November 11 last year, while deciding creditors’ plea seeking extension of deadline […]
Keru Tukaram Mukadam And Ors vs Dhanjisha R. Zaveri And Ors on 21 January, 2025
Bombay High Court Keru Tukaram Mukadam And Ors vs Dhanjisha R. Zaveri And Ors on 21 January, 2025 2025:BHC-AS:3488 Megha 7 &8 wp_703 & 705_2025_fc.docx IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 703 OF 2025 Keru Tukaram Mukadam and Ors. …Petitioners V/s. Dhanjisha R. Zaveri and Ors. …Respondents […]
Pardeep vs State Of Haryana on 23 January, 2025
Punjab-Haryana High Court Pardeep vs State Of Haryana on 23 January, 2025 Author: Karamjit Singh Bench: Karamjit Singh Neutral Citation No:=2025:PHHC:009650 CRM-M-16788-2018 [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CRM-M-16788-2018 Reserved on 29.10.2024 Date of decision: 23.01.2025 Pardeep …Petitioner Versus State of Haryana …Respondent CORAM: HON’BLE MR. JUSTICE KARAMJIT SINGH Argued […]
Harman Singh vs State Of Punjab on 24 January, 2025
Punjab-Haryana High Court Harman Singh vs State Of Punjab on 24 January, 2025 Author: Sandeep Moudgil Bench: Sandeep Moudgil Neutral Citation No:=2025:PHHC:010792 CRM-M-3219-2025 -1- 219 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CRM-M-3219-2025 DECIDED ON: 24.01.2025 HARMAN SINGH …..PETITIONER VERSUS STATE OF PUNJAB …..RESPONDENT CORAM: HON’BLE MR. JUSTICE SANDEEP MOUDGIL Present: Mr. […]
Matilal Sarkar vs The State Of Tripura on 15 January, 2025
Tripura High Court Matilal Sarkar vs The State Of Tripura on 15 January, 2025 Author: T. Amarnath Goud Bench: T. Amarnath Goud Page 1 of 16 HIGH COURT OF TRIPURA A_G_A_R_T_A_L_A Crl.A(J). No. 42 of 2023 1. Matilal Sarkar, son of Sri Indrajit Sarkar of Fatik Charra Sibir, P.S. Lefunga, District: West Tripura. …..Appellant -V […]
K.Subramanya Reddy vs The State Of Andhra Pradesh on 10 January, 2025
Andhra Pradesh High Court – Amravati K.Subramanya Reddy vs The State Of Andhra Pradesh on 10 January, 2025 APHC010011382022 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3310] (Special Original Jurisdiction) FRIDAY ,THE TENTH DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE DR JUSTICE K MANMADHA RAO WRIT PETITION NO: 1010/2022 […]