The Income Tax Laws (Second Amendment) Bill was introduced in Lok Sabha today. The Bill provides for ‘Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY). As per the Bill, declarants under this regime shall pay a tax of 30% of their undisclosed income and a penalty o...
Analysis
Rajya Sabha functioned briefly as discussion on demonetisation resumed after six days. During the debate members from the opposition sought answers from the government on a range of issues. These included questions on the additional measures that will be taken for addressing the issue of black money...
The Bombay High Court ruling in the case of IDBI Trusteeship Services Limited v/s Hubtown Limited dated 8 May 2015 has been set aside by the Supreme Court in its order dated 15 November 2016. The attached note sets out a summary of the judgment and its possible implications under foreign exchange re...
Mr. Pradeep S Mehta is the founder Secretary General of the Jaipur-based Consumer Unity & Trust Society (CUTS International), a leading economic policy research, advocacy and networking, non-governmental group in India, with offices in Nairobi, Lusaka, Accra, Hanoi and Geneva. In April, 2012, M...
The Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill and the Surrogacy (Regulation) Bill were introduced in Lok Sabha yesterday. The Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill consolidates the laws relating to admiralty jurisdiction, legal proceedings in connectio...
*The Government has, pursuant to gazette notification no. 2652 dated November 8, 2016, ceased to recognise Rs.500 and Rs.1000 rupee denominated bank notes (“Specified Bank Notes” or “SBNs”) as legal tender with effect from November 9, 2016, with an intention to eradicate terrorism, smuggling and cir...
Symposium Announcement: The National Law School of India Review (NLSIR), the flagship journal of the National Law School of India University (NLSIU), Bangalore is pleased to announce the 10th Annual NLSIR Symposium on Regulating E-Commerce in India scheduled to be held on 26-27 November, 2016 at the...
Message from CARTAL, NLU Jodhpur: The NLU Jodhpur Centre for Advanced Research and Training in Arbitration Law (CARTAL) is pleased to announce the results of the Gary B. Born National Essay Writing Competition on International Arbitration. The name of the winners can be accessed from here . First pu...
In the previous post on this topic , we had given an introduction to Sasan Power Ltd. v. North American Coal Corporation India Private Limited , a recent ruling of the Supreme Court on an interesting issue. Readers not familiar with the facts are advised to have a look at the previous post. For thos...
Ms. Prerana Saraf, who writes at Legal Parley , has contributed this guest post on the Sowmya murder case and the recent order of the Supreme Court pertaining to Justice Katju. The guest post is reproduced below (with a few formatting changes). Govindswamy v. State of Kerala came into the limelight ...
This post pertains to Questionnaire published by the Law Commission of India about reforming personal laws and the uniform civil code. The post is in two parts (both published in this post). The first part of the post attempts to answer the questionnaire. The second part of the post discusses a more...
Though implementation of a unified GST regime is a huge step towards a much awaited tax reform, the implementation of GST could hike renewable energy costs and significantly increase the cost of energy projects in India. The energy sector is a key driver for economic growth but remains plagued by po...
by Tejas Popat Advance Medical Directive, ( hereafter ‘directive/s’) or what is commonly known as a ‘living will’ is a document indicative of an individual’s wish to continue medical treatment or not when he is artificially kept alive. Recently, the Health Ministry released a draft of, ‘ The Medical...
A recent Report by the Court Fee Rationalisation Committee in Tamil Nadu has recommended that the court fee for setting aside arbitral awards be made ad valorem. Court Fee for setting aside an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996 is currently on Rs. 5,000/- i...
The previous post in this blog dealt with the problems that beset the LL.M. programme in India. This post proposes certain solutions in addressing the problems identified therein. It may be noted that the solutions suggested are tentative and a lot of further research and experimentation is required...
This blog post discusses a [paper](http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2841074) titled "LL.M. in India: A Critical Review" presented by the author in a recent conference on Legal Education in in India in a Globalised World. This post discusses some of the major problems with the cours...
Monsoon Session Day 8: The Lokpal and Lokayuktas (Amendment) Bill was introduced and passed in Lok Sabha today. The Bill replaces Section 44 of the Act, which required disclosures of assets by public servants. Further, it detailed the manner and timelines of such disclosures (such as disclosures to ...
By : Naren Thappeta, India Patent Agent/Advocate Executive Summary India policy/law makers are often confronted with questions of whether the Patents Act 1970 improperly denies patents to deserving inventions or grants patents to undeserving inventions. While the denial concerns are heard more with ...
Rajya Sabha saw repeated adjournments through the day due to protests over reported attacks on Dalits in Gujarat. In light of these protests, the Deputy Chairman informed the members that a discussion on the issue will be taken up tomorrow. Lok Sabha also saw protests on this issue. The Home Ministe...
Members in Rajya Sabha yesterday called the attention of the Minister on the situation arising due to floods in the country and the preventive measures taken by the government etc. During the debate members highlighted several issues like blockade of roadways in hilly areas, the need for better wate...