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RETROSPECTIVE BENEFITS
Railways showed the way. What should India electrify next?If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of I...- Staggering amounts of fentanyl hit US streets as the DEA watched and took no action, records showDEA agents in New Mexico allegedly allowed hundreds of thousands of fentanyl pills onto streets between 2023-2025, prioritizing larger case...
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
- Japanese investors are looking beyond China... India is key alternative: Tsutomu Takemura, Senior MD, NomuraIndia is increasingly becoming a long-term structural investment destination rather than a short-term strategic bet. Global capital is movi...
- 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...
- 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...
- 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...
- No parity between Agniveers, regular soldiers on pensionary benefits: Centre to HCThe Union government has told the Bombay High Court that Agniveers are different from regular soldiers. This means families of deceased Agn...
- Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
- UK's migration crackdown risks care home staffing crunchNew government plans to extend the wait for permanent residency to 15 years for care workers risk a significant staffing shortage in Britai...
- The luxury of hindsight, the urgency of foresight: What India can still get rightIran war: Recent West Asian events highlight India's vulnerabilities in energy, trade and finance. Foresight was dismissed, but now hindsig...
- India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
- Property tax overhaul in NDMC: What the new Unit Area System means for youThe New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...
- UK could make migrants wait up to 20 years before becoming settled - making it one of the longest waits in worldThe UK government plans to significantly increase the time migrants must wait for permanent residency, doubling the standard period to ten ...
- Why Do Some Career Moves Make Sense Only in HindsightCareer paths often appear more haphazard in retrospect than they did at the time. Humans naturally construct cohesive narratives from their...
- India shields pre-2017 foreign investment gains from strict tax rulesThis would allay fears of retrospective taxation, a longstanding concern for global investors, and reinforce India's image as a transparent...
- India grandfathered gains from investments made before April 2017Investors holding assets acquired before April 1, 2017, have received a significant reprieve. The Central Board of Direct Taxes has clarifi...
- Gujarat HC denies Integrated GST rebate to advance authorisation license holdersHolders of advance authorisation licenses were entitled to import raw materials without payment of integrated GST and rebate of IGST. The g...
- Land ordinance is prospective, owners can take benefit of delays: Supreme CourtBenefit given to landowners is a “statutory right” and “cannot be taken away by an ordinance by inserting proviso to the above-said sub-sec...
- New Transfer Plus rule may take toll on exporters’ profitsExporters from the western region alone could face Rs 1,500 crore losses due to curtailment of duty incentives under the Transfer Plus Sche...
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