Shaping Investment Horizons: Liberalisation of FDI Policy in the Space Sector
Foreign direct investment (FDI) in the space sector has so far been permitted only in respect of establishment and operation of satellites under the Government Approval route.
Interim Budget FY 2024-25
A. Setting the context The year 2024, being the year for the Lok Sabha Elections, the Hon’ble Union Finance Minister, Ms. Nirmala Sitharaman presented the Interim Budget of the Government of India for FY 2024-25.
FINDING “CONSERVATION” IN FOREST (CONSERVATION) AMENDMENT BILL, 2023: AN ANALYSIS OF PROPOSED AMENDMENTS TO THE PRINCIPAL ACT AND THEIR ECOLOGICAL IMPACT
A. Introduction We couldn’t agree more with Franklin D. Roosevelt when he said, “A nation that destroys its soils destroys itself. Forests are the lungs of our land, purifying the air and giving fresh strength to our people.” The principles of conservation and forestry have been part of human civilization through the centuries and are …
Default Bail – An Introduction and Analysis
Introduction Default bail, also known as statutory bail, is a species of bail which accrues as a right to an accused detained in custody,
Enforceability of Arbitration Clause in an Unstamped Agreement
Background A five-judge bench of the Hon’ble Supreme Court in M/s. N.N. Global Mercantile Private Limited v. Indo Unique Flame Ltd. & Ors.,
Key Highlights of the 50th GST Council Meeting
The 50th meeting of the Goods and Services Tax (GST) Council was held on 11th July 2023 in New Delhi. The GST Council inter-alia made certain recommendations relating to GST tax rates, measures for facilitation of trade and measures for streamlining compliance in GST. The key changes of the 50th GST Council Meeting are as …
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Can provision under the Customs Act, 1962 restrict Input Tax Credit under the Central Goods and Services Act, 2017?
Exports play a pivotal role in a country’s economic growth and development, serving as a crucial driver of foreign exchange earnings and employment generation.
Default Bail – An Introduction and Analysis
A. Introduction Default bail, also known as statutory bail, is a species of bail which accrues as a right to an accused detained in custody, when the police fail to or are unable to complete the investigation and file the chargesheet within the time frame stipulated under the law.
Enforceability of Arbitration Clause in an Unstamped Agreement
A. Background A five-judge bench of the Hon’ble Supreme Court in M/s. N.N. Global Mercantile Private Limited v. Indo Unique Flame Ltd. & Ors., Civil Appeal No(s) 3802-3803 of 2020 recently settled a long-drawn debate regarding acting on unstamped arbitration agreements or agreements containing arbitration clause under the Arbitration and Conciliation Act, 1996 (“Act”).
Union Budget 2023-2024
The Union Budget 2023-2024 comes when global uncertainties are rife. Barely had the pandemic receded, the war in Ukraine broke out in February 2022. Prices of food, fuel and fertiliser rose sharply. As inflation rates accelerated, central banks of advanced countries scrambled to respond with monetary policy tightening.