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AMENDMENTS TO LIABILITY LAW
Finance ministry, NFRA officials brief Par panel on corporate laws amendment billParliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the Natio...
On a train without ticket or using someone else’s? These railway mistakes could soon cost you far more as Centre plans fine hike from July 1Train travel could soon come with stricter penalties as the Centre plans to double the minimum fine for ticketless travel from Rs 250 to Rs...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
‘My boss fired me after learning I take ADHD medication’: This viral story exposed the ugly truth about ADHD discrimination at workA young camp counselor with ADHD was fired after disclosing her medication, highlighting a widespread fear among those with the condition. ...
Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
National Anti-Doping Act set to be amended, Ministry proposes five-year jail for suppliersIndia is set to amend its National Anti Doping Act. The proposed changes will criminalize the supply of banned substances to athletes. Supp...
Top cases on the United States Supreme Court's docketThe U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...
IT rules amendments may create obligations outside law: NasscomIndustry body Nasscom and digital rights groups argue that draft IT second amendment rules shouldn't create new obligations outside the IT ...
Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolventThe Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee sala...
Govt plans to rationalise filing framework under companies lawThe Corporate Affairs Ministry is embarking on an initiative to streamline company law filings, merging various forms into a more user-frie...
Govt considering amendments to Atomic Energy Act, nuclear liability lawIndia is contemplating amending nuclear energy laws to encourage private sector involvement, aiming for 100 GW of atomic energy by 2047. Th...
India plans to ease nuclear liability laws to attract foreign firms: SourcesIndia plans to amend its nuclear liability laws, capping accident penalties for equipment suppliers to attract US firms like GE and Westing...
Government introduces Limited Liability Partnership Amendment Bill in Rajya SabhaThe Limited Liability Partnership (Amendment) Bill, 2021 was introduced by Minister of State for Corporate Affairs Rao Inderjit Singh on th...
Government trying to 'obfuscate' nuclear liability law: CPI(M)CPI(M) attacked BJP government for trying to "obfuscate" nuclear liability law and said it would strongly oppose any move to amend law or "...
- Redeemable preference shares are equity
Corporate houses that have issued redeemable preference shares will have to continue treating them as equity capital.