News Updates
Consider Designing Health Insurance Products For Persons With Hearing Disability: Delhi High Court To IRDAI
The Delhi High Court has asked the Insurance Regulatory and Development Authority of India (IRDAI) to consider "the manner in which products" of health insurance policy "can be designed for persons with hearing disabilities and implants."Justice Prathiba M Singh said that IRDAI, while submitting its position to the court, shall consider the existing policies and guidelines as may be...
UPHJS Exam 2020| 'Can't Challenge Selection Process After Taking Calculated Chance In Interview': Allahabad HC Denies Relief To A Candidate
The Allahabad High Court recently denied relief to an unsuccessful candidate who appeared for an Interview of the Uttar Pradesh Higher Judicial Service Examination 2020 and challenged the final select list after her name did not appear in the list.The bench of Justice Ramesh Sinha and Justice Subhash Vidyarthi noted that she took a calculated chance of being successful in the interview, but...
'Disciplined Force Member Must Have A Clear Image': Calcutta HC Upholds Order Disallowing Murder Accused From Rejoining Home Guard Service
The Calcutta High Court on Tuesday upheld an order disallowing an accused from rejoining his post as a ‘Home Guard’ by underscoring that a volunteer of a disciplined force is required to have a clean antecedent with regard to his character. In this case, the appellant was not allowed to join his service as a Home Guard on the ground that he was in judicial custody for 84 days after...
Pragmatic Approach Needed To Promote Private Participation Under Scheme For Rooftop & Small Solar Power Plants: Delhi High Court
The Delhi High Court has said that the purpose of Achievement-Linked Incentives and Awards Scheme under ‘Grid Connected Rooftop and Small Solar Power Plants Program’ is to increase the installation and use of solar panels for the purpose of encouraging renewable energy projects.“In the opinion of the Court, the Scheme is a beneficial scheme the purpose of which is to promote...
Know 9 Legislative GST Changes In Budget 2023-24
The Finance Minister Nirmala Sitharaman has presented the Budget 2023-24.Here are 9 Legislative GST Changes that budget 2023-24 brings:1. DecriminalisationSection 132 and section 138 of CGST Act are being amended, inter alia, to raise the minimum threshold of tax amount for launching prosecution under GST from one crore to two crore, except for the offence of issuance of invoices without...
Finance Minister Proposes To Ease Deduction Claim On Amortisation Of Preliminary Expenditure
In her Budget 2023-24 speech, Finance Minister Nirmala Sitharaman has proposed to ease claiming of deduction on amortisation of preliminary expenditure.At present for claiming amortisation of certain preliminary expenses, the activity is to be carried out either by the assessee or by a concern approved by the Board. In order to ease the process of claiming amortisation of these...
Finance Minister Proposes 15% Concessional Tax To Promote New Manufacturing Co-Operative Society
In her Budget 2023-24 speech, Finance Minister Nirmala Sitharaman proposed 15% concessional tax to promote new manufacturing co-operative society. In order to promote the growth of manufacturing in co-operative sector, a new co-operative society formed on or after 01.04.2023, which commences manufacturing or production by 31.03.2024 and do not avail of any specified incentive...
Final Orders Of Armed Forces Tribunal Can Be Challenged Before High Court: Delhi High Court Full Bench
A full bench of Delhi High Court has clarified that final orders of the Armed Forces Tribunal can be challenged before High Court.A full bench of Justice Manmohan, Justice Suresh Kumar Kait and Justice Neena Bansal Krishna answered a reference seeking a clarification that whether the right of appeal against the final orders of the Armed Forces Tribunal excludes the remedy of judicial review...
Finance Minister Proposes To Carry Forward Accumulated Losses & Unabsorbed Depreciation Allowance In Case Of Amalgamation After Strategic Disinvestment
In her Budget 2023-24 speech, Finance Minister Nirmala Sitharaman announced the measures for facilitating certain strategic disinvestments. To facilitate certain strategic disinvestments, it was proposed to allow carry forward of accumulated losses and unabsorbed depreciation allowance in the case of amalgamation of one or more banking company with any other banking institution or...
Madras High Court Asks Income Tax Department Not To Take Coercive Steps Against Higher Education Minister K Ponmudi In Illegal Wealth Case
The Madras High Court has directed the Income Tax Department not to take any coercive steps against Higher Education Minister K Ponmudi in a case alleging that the minister had received illegal wealth from one SRS Mining Company. Justice Abdul Quddhose allowed the Income Tax department to file their counter and posted the matter to 27th February. Post the matter for counter and disposal...
Transfer Application Of CAPF Personnel Can't Be Kept In Limbo Merely Because New Procedure Is Yet To Be Evolved: Meghalaya High Court
The Meghalaya High Court on Tuesday held that transfer application of a CAPF personnel shall not be kept in halt on the ground that earlier procedure has been kept in abeyance or a new procedure has not yet been evolved.The division bench comprising Justice Sanjib Banerjee, Chief Justice and Justice W. Diengdoh observed,"There is no doubt that a new body or a new procedure will be put...
Union Budget 2023: Income Tax Exemption For Development Authorities
In her Budget 2023-24 speech, Finance Minister Nirmala Sitharaman proposed the income tax exemption to development authorities etc.It has been proposed to provide exemption to any income arising to a body or authority or board or trust or commission, (not being a company) which has been established or constituted by or under a Central or State Act with the purposes of satisfying the need...











