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Mint Quick Edit: Contain the damage from the Swiss roll-back of a tax benefit
3 weeks, 4 days ago

Mint Quick Edit: Contain the damage from the Swiss roll-back of a tax benefit

Live Mint  

The investment relationship between India and Switzerland has taken a blow, with the latter having withdrawn the most favoured nation status it granted India as part of a double taxation avoidance agreement. The reason, it said, is the effect of a 2023 ruling by India’s Supreme Court on a case involving Nestle that the pact’s MFN clause doesn’t automatically kick …

India Tax Indian Switzerland Mfn
Muslim law board in a huddle seeking rollback of SC's alimony order – Firstpost
5 months, 3 weeks ago

Muslim law board in a huddle seeking rollback of SC's alimony order – Firstpost

Firstpost  

All India Muslim Personal Law Board spokesperson Syed Qasim Rasool Ilyas said the board has also decided to talk to the Central government and the Opposition on the matter The Supreme Court’s ruling on alimony to divorced Muslim women was “against the Islamic law ”, the All India Muslim Personal Law Board said. The AIMPLB Working Committee met on Sunday …

Women Supreme Court Board Court Divorce Indian Muslim Women
Cap on medical seats: State demands permanent rollback of policy
1 year, 1 month ago

Cap on medical seats: State demands permanent rollback of policy

The Hindu  

The State government has opposed the National Medical Commission’s decision to defer guidelines for cap on medical seats in the States by a year and has demanded that the policy be rolled back permanently. NMC in August earlier this year notified guidelines which capped the medical seats in a State at 100 seats per 10 lakh population. The Government of …

Medical States Guidelines Medical Education State Seats Cap
Rollback Of Retro Tax: An Olive Branch To Foreign Investors
3 years, 4 months ago

Rollback Of Retro Tax: An Olive Branch To Foreign Investors

Live Law  

In January 2012, the Supreme Court of India gave relief to foreign investors through its landmark decision in Vodafone International Holdings BV v. Union of India. The tax authorities contended that the transfer of shares of the Cayman Island company led to the transfer of a capital asset situated in India and income from such transfer was taxable in India. …

India Tax Indian Transfer Company Proceedings Act
Policy roll-back may dent banks’ health, says RBI
4 years ago

Policy roll-back may dent banks’ health, says RBI

The Hindu  

In 2020-21, as policy support is rolled back, the impact of the COVID-19 pandemic may dent the health of the banks and non-banks, the Reserve Bank of India said in its Report on Trend and Progress of Banking in India 2019-20. This is a statutory publication in compliance with Section 36 of the Banking Regulation Act, 1949 and this Report …

Financial Banking Capital Report 2020 Rbi Banks
Shaheen Bagh protesters pledge to fight, seek rollback of CAA law
4 years, 11 months ago

Shaheen Bagh protesters pledge to fight, seek rollback of CAA law

Al Jazeera  

One month on, protesters say they will continue to fight against new citizenship law that discriminates against Muslims. New Delhi, India – Bilquis has been on a sit-in protest since mid-December in the Indian capital against a new citizenship law that critics say runs counter to the country’s secular constitution. The peaceful sit-in at Shaheen Bagh began on December 16 …

Law Solidarity Women Delhi Citizenship Indian Protest
Sensex soars 793 points on FPI surcharge rollback; Nifty reclaims 11,000
5 years, 4 months ago

Sensex soars 793 points on FPI surcharge rollback; Nifty reclaims 11,000

India TV News  

BSE benchmark Sensex skyrocketed 793 points on Monday, led by gains in banking stocks after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy. Indian equities also managed to keep within bounds the global negative sentiment emanating from intensified trade war rhetoric between the two major economies, the …

China Trade Indian Bank Nifty Points Sensex
US to seek rollback of Indian tariffs on agri products; trade delegation to re-start negotiations today
5 years, 5 months ago

US to seek rollback of Indian tariffs on agri products; trade delegation to re-start negotiations today

Firstpost  

India would in return seek better access to the US market for Indian farm products, said an Indian official New Delhi: The United States will seek rollback of Indian tariffs imposed on some agricultural products such as almonds when the two sides meet today, a senior Indian government source told Reuters. A delegation led by Assistant US Trade Representative for …

India Products Indian Tariffs Trade Delegation