News Update

Retrospective Effect of Royalty Decision of Supreme Court - A ViewFEMA - Govt amends non-debt instruments rules20 medical students abducted by gunmen in NigeriaGST - CBIC issues fresh instructions relating to audit mattersKerala establishes first digital court for Negotiable Instruments casesCabinet approves phase-3 of Bangalore Metro with 31 stations20 coaches of Sabarmati Express derail in UPCabinet nod for New Civil Enclave at Bihta, BiharHarris entices voters by promising lower taxes, new houses & USD 6000 tax ccredit for newbornsCabinet approves Thane integral Ring Metro Rail ProjectUN team finds evidence of excessive use of power by security forces against student stir in BangladeshCabinet okays Pune Metro extension towards KatrajIndia donates 1400 kg of anti-cancer medicines to SyriaCabinet okays development of new Civil Enclave at Bagdgora AirportWest Bengal Governor says Vandals & scandals roiling civic life in stateI-T- Section 263 cannot be invoked to correct each and every type of mistake or error committed by AO; it is only when an order is erroneous as also prejudicial to Revenue's interest, than the provision will be attracted: ITAT80 perish in Paramilitary assault in SudanCX - Since department has not established any positive act of suppression on the part of appellant, invocation of extended period is without any grounds: CESTATBHP’s copper mine in Chile: Workers’ union calls off strike after wage hikeST - Transportation cost has been borne by farmers which was initially paid by manufacturer of sugar and later deducted from price of sugarcane from farmers, appellant cannot be saddled with liability to discharge service tax: CESTATUnion Cabinet approves Rs 30K crore metro projects in Karnataka and MaharashtraFinance Bill 2024 stands enacted w.e.f. Aug 16thOptimistic outlook projected for real estate sector in H2: NAREDCO-Knight Frank SurveyACC reshuffles Secretaries - DFS Secretary goes to DoP&T + MCA Secretary goes to Expenditure + EO posted as MCA Secretary
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