Latest News, Updates & Breaking Headlines
BENGALURU: Builders must insure common areas or risk footing the bill for disaster repairs – that is the message from Karnataka Real Estate Regulatory Authority (K-Rera).In a recent order, the authority directed the developers of an apartment complex on Kanakapura Road to furnish all insurance documents for the project within 30 days, while partly allowing…
NEW DELHI: Supreme Court struck down Wednesday the Tribunal Reforms Act as unconstitutional and slammed the central govt for its repeated attempts to override SC’s consistent rulings to shield the judicial independence of tribunals, which decide disputes in a gamut of regimes – taxation, environment, electricity, telecom and real estate. Days before his retirement, a…
The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of…
The property purchaser mistakenly applied the entire TDS under the father’s name, rather than splitting it proportionally between the father and his son. (AI image) Selling joint property? Be careful of the tax implications, TDS deductions, and how it needs to show up in your income tax returns. Each beneficiary has to keep an eye…
NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday said that outcome of GST Appellate Tribunal (GSTAT) must be straightforward with reduced legal frictions, greater simplicity, and should be proactively addressing delays in litigations to ensure better cash flow.“Until now, taxpayers had to navigate different product clarifications on various state interpretations, leading to delays and locked-up…
Shah Rukh Khan‘s house ‘Mannat’ is one of the tourist destinations of Mumbai as it remains iconic. Fans flock to Bandra just to get a glimpse of his abode and click photos outside Mannat. However, Shah Rukh’s house had been under renovation for a while and the actor has currently moved to the Pooja Casa…
