Retrospective Law
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Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
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Lok Sabha Passes Bill To End All Retrospective Taxation, Rajya Sabha Next
A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha today amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues.
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Retro Tax Axed To Settle Disputes Worth Billions: 10 Facts
In a huge move to settle international disputes running into billions of dollars, the government on Thursday said it will change tax laws to do away with demands for past payments. Companies like Cairn Energy will get refunds, the government said.
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"A Son Is A Son Till...": Top Court Backs Daughter's Right To Property
A woman can claim equal share in family property as a daughter, the Supreme Court reiterated today as it stressed that the Hindu Succession Act - that was amended in 2005 to give women equal inheritance rights - can have a retrospective effect.
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Can't Award Death Penalty Retrospectively: Supreme Court On Telangana's Plea
The Supreme Court has refused to award death penalty to a convict, who committed rape and murder of a nine-year-old child last year in Telangana, nearly two months prior to the amendment of POCSO Act by parliament prescribing extreme sentence for the heinous crime, saying that retrospective effect to the law cannot be granted.
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Cabinet Gives Retrospective Nod To Law For Domicile Criterion For Jobs In Jammu And Kashmir
The Union Cabinet has given an approval with retrospective effect to a law on specified domicile criterion for employment in the public sector in the Union Territory of Jammu and Kashmir.
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Top Court Stays High Court Order Stopping Retrospective Black Money Law
The Supreme Court today stayed the Delhi High Court order which had held that the 2016 black money law cannot be allowed to operate with retrospective effect from July 2015 to book and probe offenders.
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Top Court To Hear Tomorrow Centre's Plea On Black Money Law Applicability
The Supreme Court agreed on Monday to hear on Tuesday the centre's plea challenging the Delhi High Court order staying its notification to allow the 2016 black money law to operate with retrospective effect from July, 2015 to book and probe offenders.
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Taxmen Won't Need Reason To Raid After Changes To Law: 10 Points
Tax raids based on unsubstantiated rumours or simply suspicion will be legit after the government's tweaks to the Income Tax law. But the changes will be effective retrospectively in an apparent turnaround by the government despite its promise not to do so. The amendment to Section 132 of the Income Tax Act dealing with searches by taxmen says that...
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For Tax Raids, Reason Need Not Be Revealed After Retrospective Change To Law
Tax raids based on an unsubstantiated rumour or suspicion is legit after the government has made changes to law retrospectively, going back on its own promise not to do so.
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Government Sets Up Panel to Simplify Income Tax Laws
The Indian government on Tuesday set up a high-level committee under a former Delhi High Court judge to suggest simplification of Income Tax laws, a report that could form basis for tinkering with the controversial retrospective applicability of tax.
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Vodafone tax case review in Supreme Court tomorrow
The Supreme Court tomorrow will hear the government's appeal in the $2.2 billion dollar Vodafone tax case. The government has, with a review petition, asked the court to reconsider its verdict delivered in January which sided with Vodafone and helped improve foreign investor confidence.
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Indian migrants concerned over new UK laws
A leading group representing professionals from India has said that Britain's efforts to tighten immigration should not mean the retrospective application of new laws.
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Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
-
Lok Sabha Passes Bill To End All Retrospective Taxation, Rajya Sabha Next
A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha today amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues.
-
Retro Tax Axed To Settle Disputes Worth Billions: 10 Facts
In a huge move to settle international disputes running into billions of dollars, the government on Thursday said it will change tax laws to do away with demands for past payments. Companies like Cairn Energy will get refunds, the government said.
-
"A Son Is A Son Till...": Top Court Backs Daughter's Right To Property
A woman can claim equal share in family property as a daughter, the Supreme Court reiterated today as it stressed that the Hindu Succession Act - that was amended in 2005 to give women equal inheritance rights - can have a retrospective effect.
-
Can't Award Death Penalty Retrospectively: Supreme Court On Telangana's Plea
The Supreme Court has refused to award death penalty to a convict, who committed rape and murder of a nine-year-old child last year in Telangana, nearly two months prior to the amendment of POCSO Act by parliament prescribing extreme sentence for the heinous crime, saying that retrospective effect to the law cannot be granted.
-
Cabinet Gives Retrospective Nod To Law For Domicile Criterion For Jobs In Jammu And Kashmir
The Union Cabinet has given an approval with retrospective effect to a law on specified domicile criterion for employment in the public sector in the Union Territory of Jammu and Kashmir.
-
Top Court Stays High Court Order Stopping Retrospective Black Money Law
The Supreme Court today stayed the Delhi High Court order which had held that the 2016 black money law cannot be allowed to operate with retrospective effect from July 2015 to book and probe offenders.
-
Top Court To Hear Tomorrow Centre's Plea On Black Money Law Applicability
The Supreme Court agreed on Monday to hear on Tuesday the centre's plea challenging the Delhi High Court order staying its notification to allow the 2016 black money law to operate with retrospective effect from July, 2015 to book and probe offenders.
-
Taxmen Won't Need Reason To Raid After Changes To Law: 10 Points
Tax raids based on unsubstantiated rumours or simply suspicion will be legit after the government's tweaks to the Income Tax law. But the changes will be effective retrospectively in an apparent turnaround by the government despite its promise not to do so. The amendment to Section 132 of the Income Tax Act dealing with searches by taxmen says that...
-
For Tax Raids, Reason Need Not Be Revealed After Retrospective Change To Law
Tax raids based on an unsubstantiated rumour or suspicion is legit after the government has made changes to law retrospectively, going back on its own promise not to do so.
-
Government Sets Up Panel to Simplify Income Tax Laws
The Indian government on Tuesday set up a high-level committee under a former Delhi High Court judge to suggest simplification of Income Tax laws, a report that could form basis for tinkering with the controversial retrospective applicability of tax.
-
Vodafone tax case review in Supreme Court tomorrow
The Supreme Court tomorrow will hear the government's appeal in the $2.2 billion dollar Vodafone tax case. The government has, with a review petition, asked the court to reconsider its verdict delivered in January which sided with Vodafone and helped improve foreign investor confidence.
-
Indian migrants concerned over new UK laws
A leading group representing professionals from India has said that Britain's efforts to tighten immigration should not mean the retrospective application of new laws.
