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The Central Government is on the way to allow end-to-end private participation in the space sector but experts responded that the country’s legal and policy obstacles can cause some serious trouble. Recently an online discussion was organised on “Unlocking India’s Private Space Sector: Legal and Policy Challenges”, it was organized by the NALSAR University of […]
The Patna High Court ruled that differentiation between government employees and other employees for leave encashment exemption is neither discriminatory nor violative of Article 14 of the Constitution of India. The bench of Chief Justice K. Vinod Chandran and Justice Rajiv Roy noted that the legislature must have the freedom to select and classify persons, […]
In a significant move to improve India’s space tech ecosystem, private launch service companies have been exempted from Goods and Services Tax (GST) when they dispatch satellites into space using their particular rockets or launching vehicles. After the 50th GST Council meeting held in New Delhi, Union Finance Minister Nirmala Sitharaman also said that the […]
The new provisions for the MSME sector are expected to cause a lot of trouble for micro, small & medium enterprises across the country, as they must become more compliant in terms of filing returns, or might have to pay penalties otherwise. This is also expected to affect the business of the MSME sector by […]
The budget 2022 season relies on people and similar to every year the experts from the sectors are sharing their list of wants within the Finance minister towards her acknowledgement. The education industry requires more attention because it influences the development and prosperity of the country. In the former budget, the government has made a […]
Due to the Covid-19 Pandemic, back-to-back lock-down were imposed this year and it disrupted people’s travel plans. It means that many people are not able to use their available Leave Travel Allowance (LTA) from their pay structures. In view of the difficult economic environment, and to encourage individuals to use their unclaimed LTA amounts and […]
The states have welcomed the decision of the government to reduce the cost of the covid-19 testing kit whose price was Rs 2250 to Rs 1500 along with flexibility in the ambulance service rates. The private hospitals have requested the state government for compensation in GST on the covid-19 kits. “As the state government caps […]
FICCI writes a letter to FM Nirmala Sitharaman highlighting the saturated position of the business service segment due to the COVID-19 outbreak in India. The business association (FICCI) stressed upon the urgent need for relaxations like GST rate cut, PF contribution support for the business service segment. The sector having the total employee accumulation of […]
People are demanding to rationalise the tax at a certain level in all the sectors. Considering the point of people, the Minister of State for Finance Shiv Pratap Shukla is planning review the tax in the educational sector as ‘Education is the most powerful weapon which one can use to change the world’.
