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CLASSIFICATION DISPUTES
Maharashtra’s leasehold land record overhaul to tighten realty deals scrutinyMaharashtra has ordered that all government leasehold lands be recorded in revenue records with the state government as the sole occupant, ...
Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before othersThere is one line in the accounts that most investors skip because it looks routine. But behind that line can sit disputed demands, old los...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Exclusion of married daughter from definition of 'family' manifestly arbitrary: SCThe Supreme Court has ruled that married daughters are eligible for compassionate appointments. The court found excluding them from the def...
In 1853, a chef sliced potatoes paper-thin after a complaint which led to the creation of potato chipsThe intriguing legend of George Crum discovering potato chips at Moon Lake Lodge in Saratoga Springs, New York, enchants food lovers everyw...
Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
As the Pentagon pushes for battlefield AI, some military leaders urge cautionThe Trump administration is pushing for AI in the U.S. military, facing calls for safeguards from companies and military leaders. Defense S...
Tata Sons’ board huddle today: What Bombay House has been battling in post-Ratan Tata eraTata Group faces internal churn as tensions rise within Tata Trusts following Ratan Tata's death. Disputes over board representation, gover...
GST Tribunal revamps appeal process: Division bench review now mandatory for appealsThe move seeks to prevent smaller benches from deciding cases involving important legal questions, ensure consistent rulings, and streamlin...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
US raises concerns at India’s duties on IP-intensive goods, source code, AI working paperThe US has voiced concerns over India's high customs duties on IP-intensive products and its proposed mandatory blanket license for AI deve...
The AI analyzed 1,974 unclassified tracks and raised some very troubling questions about the “bird tracks”New research uses artificial intelligence to analyze ancient footprints. This study suggests bird-like relatives may have existed millions ...
West Bengal Elections 2026: Factors that will decide the fate of the crucial polls in the Eastern stateWest Bengal gears up for a crucial 2026 election. The ruling TMC faces a strong challenge from the BJP. Key issues include voter rolls, law...
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigateProperty ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyer...
State can't differentiate between serving employees and pensioners on DA: SCThe Supreme Court has ruled that governments cannot offer different rates for inflation allowances to serving employees and pensioners. The...
Proposed GST rate tweaks on automobiles to end classification disputesThe Centre is planning sweeping GST reforms that could lower taxes on automobiles, now taxed up to 50% including cess. Under the proposal, ...
Customs duty structure review to focus on reducing number of rates: Revenue SecretaryThe government plans to streamline customs duty rates, aiming to reduce them from about a dozen to five, according to Revenue Secretary San...