February 24, 2019 In Blog, Uncategorized

ANGEL TAX RELAXATION: A BOON TO THE STARTUPS

The much welcomed ‘Notification’ by the Department of Promotion of Industry and Internal Trade (DPIIT) on 19th February 2019 aims to resuscitate the distressed startup- ecosystem. The Central Government by widening the definition of the start-ups, entitled to…

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February 15, 2019 In Blog, Uncategorized

SUPREME COURT OF INDIA HELD THAT PATIENT CENTRIC APPROACH MUST BE TAKEN BY THE MEDICAL PROFESSIONALS

The Supreme Court of India in the case of Arun Kumar Manglik vs Chirayu Health and Medicare Private Ltd. & Anr., passed a judgement dated 09.01.2019 holding that the while treating a patient medical professionals should adopt a…

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February 15, 2019 In Blog, Uncategorized

RULE 3(2) OF COMPANIES (REGISTERED VALUERS AND VALUATION) RULES, 2017 HAS BEEN UPHELD

The Hon’ble Delhi High Court in CUSHMAN AND WAKEFIELD INDIA PRIVATE LIMITED vs. UNION OF INDIA, on 11th February, 2019, upheld that the Rule 3(2) of the Companies (Registered Valuers and Valuation) Rules, 2017  (herein after referred as…

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February 15, 2019 In Blog, Uncategorized

GOVERNMENT OF INDIA WITHDRAWS MOST FAVORED NATION STATUS GIVEN TO PAKISTAN, POST PULWAMA TERRORIST ATTACK 2019

According to various newspaper reports, the Government of India has withdrawn the Most Favored Nation (MFN) status given to Pakistan on 15.02.2019, in response to the recent terrorist attack by Pakistan backed Jaish-e-Mohammed terrorists on Central Reserve Police…

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February 15, 2019 In Blog, Uncategorized

CRIMINAL COMPLAINTS CANNOT BE QUASHED MERELY BECAUSE ALLEGATIONS APPEAR TO BE OF A CIVIL NATURE

The Supreme Court on 12-02-2019 in Kamal Shivaji Pokarnekar vs. State of Maharashtra held that criminal complaints cannot be quashed only on the ground that the allegations made in the complaint appear to be of civil nature. In…

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February 14, 2019 In Blog, Uncategorized

GOVERNMENT APPROVAL FOR ABOLITION OF INCOME-TAX OMBUDSMAN AND INDIRECT TAX OMBUDSMAN IN INDIA

The Union Cabinet of India chaired by Prime Minister Shri Narendra Modi has recently approved the abolition of institution of Income Tax Ombudsman and Indirect Tax Ombudsman in India. In the year 2003, the Institution of Income-Tax Ombudsman was…

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February 14, 2019 In Blog, Uncategorized

THE HIGH COURT OF BOMBAY BENCH AT AURANGABAD HELD THAT WIFE CAN LIVE SEPARATELY AND DEMAND MAINTENANCE IF SHE IS NOT COMFORTABLE RESIDING WITH HER IN-LAWS

The High Court of Bombay Bench at Aurangabad in the case of Shaikh Basid vs The State of Maharashtra & Yasminabano passed a judgement dated 06.02.2019 and held that a wife who is uncomfortable residing with her in-laws…

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February 4, 2019 In Blog, Uncategorized

UNION BUDGET 2019-2020: Relating to the Poor and Backward Classes

The Union Budget, 2019 presented on 01.02.2019 by the Interim Finance Minister Mr. Piyush Goyal showcased major transformational reforms to be undertaken by the Government for the upcoming financial year 2019-2020. The Government has taken major steps in…

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February 2, 2019 In Blog, Uncategorized

UNION INTERIM BUDGET 2019-2020: FOCUS OF THE GOVERNMENT TO FARMERS, MICRO, SMALL AND MEDIUM ENTERPRISE AND TRADERS

The temporary Finance Minister Piyush Goyal, has presented the Interim Budget (the Budget) 2019-2020 on 01.02.2019 in the Parliament of India. The Budget has made an allocation of Rs. 75,000/- crore per year for the farmers under Pradhan…

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February 2, 2019 In Blog, Uncategorized

INFRASTRUCTURE ALLOCATION: INTERIM BUDGET 2019-2020

The present BJP Government, on 1st February, 2019 presented the Union budget for the fiscal year 2019-2020. With the Lok Sabha elections approaching, the Government has tried to cover all the aspects it had promised to work on,…

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