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While the intention has been to help middle and lower-income sections buy houses by giving sops, tax benefits have been pruned systematically

New Ruling on Section 232 Steel Tariffs A major component of President Trump’s trade agenda has been imposing tariffs on steel imports under Section 232 of the Trade Expansion Act of 1962.  Those tariffs have engendered many legal challenges; few have had any success.  That changed on July 14, 2020, when a three-judge panel of the U.S. Court of International Trade ruled that President Trump’s Proclamation 9772, which imposed a 50% tariff on certain steel products from the Republic of Turk...

For Unorganised Workers, New Social Security Code Creates Needless Confusion About 93% of Indias workforce is in the unorganised sector, highlighting the need to develop a clear and comprehensive policy for their social security. Representational image of unorganised sector workers. Photo: Reuters. Labour29/Dec/2020 India’s labour ministry is currently in the process of finalising the rules for the ‘Code on Social Security 2020’, which was passed by the parliament last September...

Click here for more “Why should a human being be asked to disclose what is his religion?” “Why should a human being be asked to inform the authorities that he is changing his belief?” — the Bench comprising then Chief Justice of the High Court Deepak Gupta and Justice Rajiv Sharma had said. The court had also cited the fundamental right to privacy of an individual to strike down provisions requiring prior notice to the authorities for conversion, even as it acknowledged that several r...

Getty Images The 2020 tax season now looks a lot less bleak for those business owners who used Payroll Protection Program (PPP) money to cover their expenses to keep going during the coronavirus pandemic. On Dec. 21, Congress clarified rules on the program’s tax ramifications, leaving thousands of small-business owners the winners. The months-long battle between the legislators who wrote the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the IRS appears to be over. (To read ab...

1. Relevant Authorities and Legislation 1.1        Who is/are the relevant merger authority(ies)? The Competition and Consumer Protection Commission (" CCPC") is responsible for the promotion and enforcement of competition law in Ireland.  The CCPC was established on 31 October 2014 when the functions of the Competition Authority and the National Consumer Agency were amalgamated into a single agency. The CCPC has sole responsibility for investigating notifiable mergers under Part 3 of t...

Why Schrems II Might Not Be a Problem for EU-U.S. Data Transfers Editor’s note: This piece is adapted from a longer article available at DataMatters.Sidley.com. In its July 16 opinion in Data Protection Commissioner v. Facebook Ireland Ltd, Maximillian Schrems, et al.,the Court of Justice of the European Union (CJEU) invalidated the U.S.-EU “Privacy Shield” framework, which authorized the transfer of personal data from the European Economic Area (EEA) to the U.S. The CJEU also imposed on...

KUALA LUMPUR (Dec 21): AirAsia X Bhd (AAX) claimed that Malaysia Airports Holdings Bhd (MAHB) is not entitled to collect passenger service charges (PSC), among other charges, in a defence it filed against the airport operator, which is suing AAX to claim for RM78.16 million in payment owed, according to court filings sighted by The Edge. According to AAX, the Malaysian Aviation Commission (Mavcom) Act states that the PSC, PSSC (passenger security service charges), aircraft parking charges, lan...

U.S. blueberry growers form new alliance to seek relief from imports December 17 , 2020 U.S. blueberry growers have established a new coalition, the American Blueberry Growers Alliance, to seek relief from rising imports that they say are harming their businesses. The Alliance will provide information and support to an ongoing U.S. International Trade Commission (ITC) investigation into the serious injury caused by increased imports of fresh, chilled and frozen blueberries under Section 201 of...

Mon, Nov 2nd 2020 9:35am — Jess Miers Everyone wants to do something about Section 230. It’s baffling how seldom we talk about what happens next. What if Section 230 is repealed tomorrow? Must Twitter cease fact-checking the President? Must Google display all search results in chronological order? Perhaps PragerU would finally have a tenable claim against YouTube; and Jason Fyk might one day return to showering the Facebook masses with his prized collection of pissing videos. Suffice to say...