Bombay HC Reserves Order On Rabia Khan’s Petition Seeking Re-Investigation Into Daughter’s Death

The division bench of Justices Ranjit more and Shalini phansalkar Joshi of the Bombay High Court has reserved the order in the petition filed by Rabia Khan, mother of deceased actress Jiah Khan. In the petition, Rabia has sought a re-investigation by a Special Investigation Team into her daughter’s death as she contends that it was a case of murder not suicide.This stand of Rabia’s...

Government Considering Suitable Amendments In Negotiable Instruments Act: FM

Union Finance Minister Arun Jaitley in his Budget Speech on Wednesday said that the Government is considering option of amending the Negotiable Instruments Act suitably. ”As we move faster on the path of digital transactions and cheque payments, we need to ensure that the payees of dishonoured cheques are able to realise the payments. Government is therefore considering the option of...

Goa Elections: Now Parrikar Gets EC Notice Over Bribe Remarks [Read Notice]

The Election Commission has issued a show cause notice to Defence Minister Manohar Parrikar over his controversial ‘bribe’ remarks made during an election campaign in Goa on Sunday. He has been asked by the ECI to revert by Friday with his explanation over the matter.The ECI, in its notice, stated that sub para (4) of Para (1) of the Model Code of Conduct provides that parties and...

New Law On Confiscation Of Absconder's Property Soon: Jaitley

“In the recent past, there have been instances of big time offenders, including economic offenders, fleeing the country to escape the reach of law. We have to ensure that the law is allowed to take its own course” Finance Minister Arun Jaitley.Delivering the 2017-18 budget, Finance Minister Arun Jaitley today said in order to prevent loan defaulters from fleeing the country, the...

Salient Features of Direct Tax Proposals in Union Budget 2017

The Union Budget 2017 was laid before the Parliament today by the Hon’ble Finance Minister of India. The salient features of Direct Tax proposals are summarised below:Affordable Housing: Three concessions in the scheme of Income Tax exemption for affordable housing:(a) Area of 30 and 60 Sq.mtr. to be counted as carpet area and not built-up area;(b) 30 Sq.mtr. only in 4 metropolitan city...

Budget 2017: Govt. To Introduce National Testing Agency For Conducting Entrance Examinations

Budget 2017 promises certain significant steps towards improving the quality of education in the country. Finance Minister Arun Jaitley today announced the measures for the education sector aimed at bringing about key transformations in the administrative infrastructure and leveraging technology to elevate the standards of both school and higher education.Shri Arun Jaitley while presenting...

#Budget2017-Legislative Reforms To Be undertaken To Simplify and Amalgamate Existing Labour Laws: Arun Jaitley

Finance Minister Arun Jaitley today said that the Government is keen on fostering a conducive labour environment wherein labour rights are protected and harmonious labour relations lead to higher productivity.He also said that the legislative reforms will be undertaken to simplify, rationalize and amalgamate the existing labour laws into four Codes on (i) wages; (ii) industrial relations;...

#Budget2017: Income Tax For Smaller Companies Reduced To 25%

Union Minister for Finance and Corporate Affairs Arun Jaitley in his Budget speech said that the Income Tax for smaller companies with annual turnover upto Rs. 50 crore is reduced to 25% in order to make MSME companies more viable and also to encourage firms to migrate to company format.As per data of Assessment Year 2015-16, there are 6.94 lakh companies filing returns of which 6.67...

All-India Bar Examination (AIBE): Fee Hiked To Rs.3,500

As per the latest circular issued by the Bar Council, it has been clarified that the fee chargeable for the All-India Bar Examination (AIBE) has been hiked by 40% of the original amount, which is Rs.3,500 per candidate. For those belonging to THE SC/ST category, they would be charged Rs. 2,500 per candidate.Responding to queries from several state bar councils, the BCI also clarified that...

Bombay HC Passes Directions To Municipal Corporations And The Police To Ensure No Illegal Hoardings In The State [Read Judgment]

Rebuking the practice of political parties and their workers of putting up hoardings for frivolous reasons, the Bombay High Court sought to lay down certain procedures in order to curb the menace.In a 97-page judgement, the division bench of Justice Abhay Oka and Justice AA Sayed gave a set of 21 directions to municipal corporations, municipal ward officers and the Commissioner of...

2008 Malegaon Blast: Bombay HC Calls For Video Recording Of Meetings Convened By Pragya Singh Thakur

The Bombay High Court has directed the HC registry to call for four separate articles (containing CDs/DVDs) that have videos of a meeting convened by Malegaon blast accused Pragya Singh Thakur in Bhopal. These videos were submitted by the Maharashtra Anti-Terrorism Squad(ATS) before the City Civil and Sessions Court.These directions were passed by the bench of Justice Ranjit More and...

I-T Dept Kickstarts Operation Clean Money: 18 Lakh Accounts Identified For Verification

Pursuant to the government’s ‘shock and awe’ move to counter black money in the nation, the Income Tax Department (ITD) kickstarted Operation Clean Money on Tuesday. The initiative seeks to bring large and dubious cash deposits undertaken during the note ban phase under the scanner by employing data analytics for comparison of demonetisation data with information in ITD databases.The...