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RETROSPECTIVE APPLICATION
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....- 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...
- Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
- FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
- 5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analystsWhen mid-caps were rising, every concern on valuation was treated as unnecessary caution. Investors who advised patience were told they wer...
- Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone IdeaThe Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of appro...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- 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...
- SC orders appointment of DERC chairperson, 2 members within two monthsThe Supreme Court has ordered the Delhi government's selection committee to finalize appointments for the Delhi Electricity Regulatory Comm...
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- 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...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- 700,000 green card seekers in limbo; applying anew from home country to be challengingSome 540,000 family-based and around 170,000 employment-based green card applications are currently pending with the US Citizenship and Imm...
- In 1905, an 11-year-old forgot a drink outside overnight, and the mistake later became one of America’s most famous treatsAn eleven-year-old boy named Frank Epperson accidentally left his lemonade outside overnight in 1905, resulting in a frozen treat on a stic...
- Tata Trusts may not recast trustee tenure amid ordinanceTata Trusts, citing legal advice, may not revise existing trustees’ tenures despite a Maharashtra ordinance capping perpetual trustees. Exp...
- No retrospective application of policy for hybrid instruments: FM rejects RBI proposalAccepting the RBI suggestion may have helped resolve the Tata-Docomo row although it could impact other such transactions differently.
- Final view on retro tax amendments by November 15: Finance MinistryThe government is likely to take a final view by November 15 on the Shome panel report, which had favoured prospective application of tax l...
- GoM to decide if Land Bill may be applied retrospectivelyGoM on Land Bill is actively considering allowing the proposed law to be applied retrospectively in cases where land for the project has no...
- Land Acquisition Bill: GoM meet hears demand for window of retrospective applicationThe first meeting of the GoM on the controversial Land Acquisition Bill today heard a strong demand by some members for retaining a window ...
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