Legal 60

Experts laud tax relief to boost disposable income and focus on economic growthThe finance minister introduced an income tax exemption for individuals earning up to Rs.12 lakh annually Lauding the Union Budget 2025-26, tax experts, industry observers, and banking leaders have stated that the tax relief was focused on economic growth and innovation across sectors.

Usha Martin Faces ₹ 44.38 Cr Penalty for GST Non-Compliance Usha Martin Limited has been imposed a penalty of ₹ 44,38,72,605/- by the Additional Commissioner of CGST & C.Ex, Ranchi, under the relevant provisions of the CGST Act 2017, IGST Act 2017, and GST (Compensation to States) Act, 2017. The penalty pertains to allegations of

Central Tax dept levies Rs.184 crore on Dr. Reddy’s Labs for not paying GST on settled amountThe company plans to challenge the order The Additional Commissioner of Central Tax, Hyderabad, has fined Rs.184.36 crore on Dr. Reddy’s Laboratories Ltd for allegedly receiving an excess refund and not paying the Goods and Services Tax (GST) on

                                             “Biased views being propagated by media are affecting the people, weakening democracy and harming the system. In this process, justice delivery gets adversely affected. By overstepping and breaching your responsibility, you are taking our democracy two steps backwards. Of late, we see the media running kangaroo courts, at times on issues even experienced judges

Ethos Receives ₹3.21 Cr GST DemandEthos Limited has received a demand of ₹3.21 crore under Section 74 of the CGST Act, 2017, according to the company’s exchange filing. The penalty was imposed by the Office of the Principal Commissioner, Central Goods & Services Tax, Chandigarh, for the alleged non-payment of GST on non-taxable transactions and

                        It is most vital to note that in a significant move with far-reaching consequences, the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Sadashiv Dhondiram Patil Vs The State of Maharashtra in Criminal Appeal No. 1718 of 2017

          It is worth paying singular attention that none other than one of the most prestigious High Courts in India that is the Delhi High Court itself in a most learned, landmark, logical, laudable and latest judgment titled Suleman Samad vs State of NCT of Delhi in Bail Appln. 4266/2024 and

Attention IP and tech enthusiasts! We are very excited to announce the SpicyIP Tech Innovation Policy Fellowship 2025!  This Fellowship is a one year programme, with the aim of contributing towards deeper understandings on the law and policy front around new technologies. It has been made possible thanks to a generous grant by FOSS United

(This post has been co-authored with SpicyIP Intern Aditi Agrawal and Bharathwaj Ramakrishnan) Here is our recap of last week’s top IP developments including summary of the posts on taking stock of ANI vs OpenAI copyright litigation (Part I and II), and  ‘Machine Unlearning’ and the ANI vs OpenAI case. This and a lot more

2025 Budget: Expert Reactions from Lakshmikumaran & Sridharan AttorneysThe 2025 Budget has introduced significant changes that are set to impact various aspects of taxation and economic policy. Experts from Lakshmikumaran & Sridharan Attorneys have analyzed these announcements, highlighting their implications across different sectors.V. Lakshmikumaran, Founder & Managing Partner“Budget 2025 proposes a significant shift in the