Date: January 17, 2025Author: Aaerm Law Associates The Supreme Court of India recently delivered a landmark judgment affirming that property ownership remains with the original owner unless a registered sale…
Supreme Court Advocates Strict Firecracker Ban to Uphold Environmental Rights
Court's Observations The Supreme Court of India has taken a firm stance on the enforcement of firecracker bans in Delhi-NCR, emphasizing the constitutional right to a clean and healthy environment…
The Importance of Choosing the Right Arbitrator in Arbitration Proceedings
Arbitration as an Alternative Dispute Resolution Mechanism Arbitration is widely recognized as an effective alternative dispute resolution mechanism. It operates as a self-contained adjudication process, and the selection of the…
GST: Solar Power Generating System Not an Immovable Property, Says AP High Court
By: AdminDate: January 16, 2025Category: GST Case UpdateReading Time: 4 Min In a landmark decision for renewable energy companies, the Andhra Pradesh High Court has ruled that the supply of…
DGFT: Addition of GIA Laboratory, DMCC, Dubai to Handbook of Procedures 2023
By: AdminDate: January 16, 2025Category: DGFT | Notification and CircularReading Time: 4 Min The Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 41/2024-25 on January 15, 2025.…
DGFT Issues SOP/Guidelines for Voluntary Disclosure of Non-Compliance Related to Export of SCOMET Items
By: AdminDate: January 16, 2025Category: DGFT | Notification and CircularReading Time: 4 Min The Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 40/2024-25, dated January 15, 2025,…
GSTN Issues Advisory on Draft GSTR-2B Generation Date for December 2024
By: AdminDate: January 14, 2025Category: GST Law | GST Portal Updates | Important NewsReading Time: 4 Minutes The Goods and Services Tax Network (GSTN) has issued Advisory No. 572 on…
Budget 2025: Real Estate Sector Seeks Industry Status, Single-Window Clearance, and Tax Reforms
By: AdminDate: January 14, 2025Category: Budget 2025-26Reading Time: 4 Minutes The real estate sector has pinned its hopes on the Union Budget 2025, seeking long-awaited industry status and various reforms…
Direct Tax Collections to Surpass Budget Estimates by ₹73,000–83,000 Crore Despite Decline in Tax Buoyancy
By: AdminDate: January 13, 2025Category: Tax NewsReading Time: 4 Minutes Net direct tax collections for FY 2024-25 are on track to exceed the budget estimate by ₹73,000–83,000 crore. This impressive…
Budget 2025: Simplified Income Tax Code Expected, But No Major Reforms
By: AdminJanuary 11, 2025Categories: Budget 2025-264 Min Read The revamped Income-Tax Act, promising simplicity and clarity, may be tabled during the Budget 2025 session. Finance Minister Nirmala Sitharaman is expected…