September 4, 2017 In Blog, Uncategorized

SERVICE DETAILS OF EMPLOYEES AMOUNTS TO ‘PERSONAL INFORMATION’ WHICH CANNOT BE FURNISHED UNDER THE RIGHT TO INFORMATION ACT

  The Supreme Court has held that service details of employees fall within the ambit of ‘personal information’ under Section 8(1)(j) of the Right to Information (RTI) Act, and that such details cannot be furnished unless any connection with…

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September 4, 2017 In Blog, Uncategorized

The Judgment of Supreme Court on Insolvency and Bankruptcy Code, 2016 – Innoventive v. ICICI

The corporate insolvency resolution provisions (CIRP) of the Insolvency and Bankruptcy Code (IBC) 2016 came into force on December 1, 2016. The Supreme Court has passed a detailed judgment in the matter of M/s Innoventive Industries Ltd. vs. ICICI…

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July 25, 2017 In Blog, Uncategorized

CHALLENGE AGAINST CONSTITUTIONALITY OF THE GOVERNMENT’S AADHAAR PROJECT

The Government of India has linked the 12- digit unique identification number, i.e. Aadhaar to various centrally sponsored schemes including Pradhan Mantri Ujjwala Yojana (provision of free LPG connection to below poverty line people), Pradhan Mantri Jan Dhan…

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July 20, 2017 In Blog, Uncategorized

INDIA – ISRAEL: BROADEN COMMERCIAL TIES

Mr. Narendra Modi becomes the first Indian Prime Minister to visit Israel, after the end of three day visit in Israel, both the countries expressed interest in building a broad economic base, rather than merely a contractual exchange…

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July 20, 2017 In Blog, Uncategorized

LAW FIRMS UNDER GOODS AND SERVICES TAX

  The Delhi High Court clarified that the Goods and Services Tax (GST) on all legal services provided by Lawyers or Law Firms would be paid on reverse charge basis by the client. Reverse Charge basis means that…

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July 4, 2017 In Blog, Uncategorized

IMPACT OF GOODS AND SERVICES TAX ON CONSUMERS AND TRADERS IN INDIA

India’s biggest tax reform since independence is expected to be positive for the fast-moving consumer goods (FMCG) companies and firms producing consumer durables. This historic tax reform will irrevocably impact consumers, traders, businesses as well as the revenue…

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July 3, 2017 In Blog, Uncategorized

IMPACT OF GOODS AND SERVICES TAX ON EASE OF DOING BUSINESS IN INDIA

The Government of India has successfully implemented the long awaited Goods and Services Tax (GST) regime across the country on 1st July 2017. The GST is a comprehensive tax to be levied upon the manufacture, sale and consumption…

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July 3, 2017 In Blog, Uncategorized

MAJOR AMENDMENTS IN GOODS AND SERVICES TAX ACT, 2017

  The goods and Services Tax (GST) Act, 2017 came into force from 1st July, 2017. Here is a list of the major changes proposed in GST bill:- Applicability of GST Law in the State of Jammu and…

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June 10, 2017 In Blog, Uncategorized

REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016: BENEFIT TO HOME BUYERS

Real Estate (Regulation and Development) Act (RERA), 2016 came into effect on 1st May 2017. RERA marks the beginning of new era with bringing in more clarity in deals between developers and buyers leaving out ambiguities. This Act…

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June 10, 2017 In Blog, Uncategorized

GOODS & SERVICES TAX TRANSITIONAL PROVISIONS

  The much awaited tax reform is set to roll on 1st July 2017. The Government which has made the GST the main stay of its economic reforms is set to ride the rough road of implementation that…

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