News Update

Musk defers India’s trip citing heavy Tesla obligationsIndia needs to design legislative pills to euthanise tax-induced expatriation!I-T- Exercise of jurisdiction u/s 263 is invalid if AO has taken particular view, which though, may not be only view, but certainly can be possible view : ITATTorrential rains cause havoc in Pakistan; 87 killedI-T- Additions framed on account of unexplained money upheld as assessee was unable to prove source of cash deposited in assessee's bank account : ITATUS imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to PakistanCX - Appellant has regularly filed statutory returns on monthly basis and the fact of clearance of goods and availment of credit was duly reflected in returns but same has not been examined by authorities below, impugned order is not sustainable: CESTATDubai terribly water-logged as it has no storm drainsST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTATEU online content rules tightened against adult content firmsCus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTATEV market cools off in US; Ford, GM eyeing gas-powered trucksApple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC1st phase polling - Close to 60% voter turnout recordedMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsNexus between Election Manifesto and Budget 2024 in July!Israel launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 polls
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Yet Another Reminder on Tax Reforms
December 19, 2019
Government Should Fully Support CAG in its Digital Audits
December 02, 2019
Solve Air Pollution Without Hurting GDP & Daily Labourers
November 05, 2019
States Must Reserve Trend of Cutting Capex to help Centre fight Slowdown
October 10, 2019
Diverse Signals Show Weakened Statistical System Requires Cure
September 19, 2019
Like Cancer, Slowdown Requires Multiple & Sustained Therapies
September 02, 2019
Independence Day Signals New Resolve to Strengthen National Character
August 16, 2019
Plug Chinks in Growth Caravan before aiming at USD 5 Trillion Goal
July 25, 2019
Repeated reduction in Tax Revenue Projections in Budget is Worrisome
July 10, 2019
President Gives Wings to Emerging Agenda for Modi Sarkar ver.2
June 21, 2019
Crafting Growth-Centric Budget is Daunting job Amidst Global Turbulence
June 10, 2019
Stabilize Centrally Sponsored Schemes for Fiscal Discipline
May 20, 2019
FATF & its Regional Associates Should Merge & be Reborn as a UN entity
May 03, 2019
From Kingfisher to Jet - Same story of mismanagement by all stakeholders
April 20, 2019
Poll Promises Ring in Fiscal Concerns
March 27, 2019
Time to End WTO regime for Duty-free Electronic Transmissions
March 11, 2019
Resolve Long-neglected TDS & PF problems
February 12, 2019
Prolific Off-Budgeting has Diluted Fiscal Discipline
January 22, 2019
NPAs Crisis Require Holistic Solutions & Escape from Politics
January 10, 2019

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Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.




Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.