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Sourav Ganguly goes to Police against cyberbullying Fed lives up to global expectations; cuts interest rate by 0.5% - first cut in last 4 years China to be on top of agenda at Quad meeting: White House Death toll rises to 21 in second wave of blasts in Lebanon - it was Walkie-Talkie after pager Germany halts exports of weapons to Israel Baltimore Bridge collapse: US seeks USD 100 mn compensation from Singapore-based ship owner Faux cybercrime platforms busted in global operations; 51 arrested by Europol IMF pauses Mission to Moscow after Kyiv protests Cabinet okays National Centre of Excellence for Animation, Visual Effects & Gaming Cabinet accepts recommendations of High-Level Committee on Simultaneous Elections Cabinet gave approval for CHANDRAYAAN-4 Mission Income tax collections till Sept 15 up by 16%After Moon and Mars, India sights science goals on Venus Cabinet approves Pradhan Mantri Janjatiya Unnat Gram Abhiyan ISRO to develop launch reusable vehicle with high payload Japan, France to ink military pact by year-end FM holds 2nd review meeting on Capex for Ministry of Railways Cyber fraud - posing as CBI officer - Railway staffer loses Rs 9 lakh Global Renewable Energy Meet: Investment commitments of Rs 32.45 lakh Cr poured: Joshi Provisional Attachment - Precaution, Persecution, Penury?Dak Ghar Niryat Kendra expands export services with automated IGST Refund facility The Delay Dynamics

MESSAGE BOARD

GST Compensation acquires hues of 'Fiscal Apartheid'!

Constitutional Obligation

Good morning, Shailendra.

Do you mean to say that the promise by the Centre to pay Compensation to the States does not form a Constitutional Obligation, merely because it's not in the Article of the Constitution, but only in Section 18 of the 101st Constitutional Amendment Act ?

If so, I beg to disagree, which I rarely do with you.

An obligation through a provision in the Constitution Amendment Act continues to be a Constitutional Obligation - in my opinion.

Warmly,
Sumit Dutt Majumder

Sumit Dutt Majumder 10/09/2020

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TIOL Tube

TIOL Tube brings you an interview with former US Secretary of Treasury, Mr. Larry Summers who was recently in Delhi.

September 18, 2024 | New Delhi

Cabinet okays National Centre of Excellence for Animation, Visual Effects & Gaming

September 18, 2024 | New Delhi

Cabinet accepts recommendations of High-Level Committee on Simultaneous Elections

September 18, 2024 | New Delhi

Cabinet gave approval for CHANDRAYAAN-4 Mission

September 18, 2024 | New Delhi

After Moon and Mars, India sights science goals on Venus

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September 17, 2024

Undervaluation of Imported Aluminium Scrap

September 09, 2024

Undervaluation of Imported Aluminium Scrap

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VISION 360 -
'A Treasury of Key Tax &
Regulatory Developments!'

September 2024 Edition

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

September 17, 2024

TP - Government companies cannot be considered as comparables, is not absolute rule: HC

September 16, 2024

DTAA - Article 24 - India-Switzerland treaty doesnot impose obligation upon either of Contracting States to carry out administrative measures at variance with regulations of either Contracting State which would be contrary to its sovereignty, security or public policy: HC

September 18, 2024

Patents Act - Feature of invention is sufficient to cross threshold of Section 3(k) of Indian Patent Act: HC

September 18, 2024

Arbitration - Arbitral award which has become final and hasn't been challenged cannot seek extension of time u/s 29: HC

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