Arvind Datar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Vaccine manufacturer Serum Institute of India (SSI) has filed a challenge to the Supreme Court against a 2016 amendment to the Income Tax Act that made subsidies, grants, waivers, concessions, or reimbursements by the Centre or states or incentives in cash or kind as taxable. The amendment had inserted sub-clause (xviii) to Section 2(24), which defines taxable "income". The case was filed under the Package Scheme of Incentives-2013, which provided various incentives to major industries for five years.

The Maratha quota is an old and emotive issue in Maharashtra, which sends 48 MPs to Lok Sabha. Earlier attempts at reservation have failed judicial scrutiny. The quota is a crucial election issue.

The Supreme Court on Thursday (April 18) concluded its 9-judge Constitution Bench hearing on the issue whether States have the power to regulate 'industrial alcohol' using their powers over...

India News: NEW DELHI: Supreme Court's nine-judge bench led by CJI DY Chandrachud on Thursday extended their regular time schedule till 6 pm to conclude long-draw.

The Kerala High Court stated that the Enforcement Directorate (ED) has to convince the Court regarding the specific allegations raised by it to prove illegality in the conduct of Former Finance...