SC has ruled in a batch of appeals by the central govt that modvat/cenvat credit cannot be denied to manufacturers on the ground that in the course of production of the main... Read more »
Disputes between government departments should not be fought in court, as both sides are funded by taxpayers Read more »
Can a company take up CSR projects outside the listed activities in Schedule VII, and claim CSR expenditure? In the present form, the rules are prescriptive, and only those listed topics in... Read more »
The first important deliverable for the new administration will be to roll out a credible budget Read more »
The Supreme Court has ruled that a criminal case against one of the contracting parties cannot stall arbitration. "The balance of convenience is more in favour of permitting arbitration proceedings to continue... Read more »
The onus is on companies to put in place a vigil mechanism to detect and deter fraud Read more »
Most countries have moved away from the static revenue target principle to a moving target depending on the performance of the economy Read more »
A weekly selection of key court orders Read more »
The new head of the corporate affairs ministry will have to take hard decisions on the new company law, as well as the future of the ministry Read more »
Dear Prime Minister,The people have spoken. Now comes the hard part. Expectations of replicating the "Gujarat Model" across the country will determine how the electorate judges your performance and of... Read more »