Coromandel International Ltd. has won an appeal to quash an order to recover Rs 589.2 crore, including penalty and interest, from the company. The original order, filed by the additional commissioner of central tax from the Visakhapatnam Central GST Commissionerate, was contested successfully by the company. The Office of the Commissioner (Appeals), Central Tax and Customs, Guntur, ruled in Coromandel's favor on January 20, 2025. In a related matter, the fertilizer manufacturer

Filmmaker Ram Gopal Varma, known for his iconic films like Satya, has been sentenced to three months of imprisonment by the Andheri Magistrate Court in Mumbai. The sentence is related to a cheque bounce case that has been ongoing for the last seven years. The case involves a sum of Rs 2 lakh 38 thousand, stemming from a transaction with Varma’s ex-employee. The court, after hearing the case for several years, issued a non-bailable warrant against the director on Tuesd

A British woman in Birmingham was left contemplating suicide after being deceived by a close friend of twenty years, Sumaiya Khurram, who catfished her online and drained her life savings of £92,300 (Rs 98.5 lakh). Khurram, 33, posed as a "pretty boy" on WhatsApp, claiming to be in love with the victim and asked for money to pay for cancer treatment at a private clinic. The fraud occurred between 2015 and 2017 when Khurram introduced the victim to someone named Etesh

On Friday, a Pakistani court convicted former Prime Minister Imran Khan and his wife Bushra Bibi in a landmark corruption case related to their welfare foundation, the Al-Qadir Trust. Khan received a sentence of 14 years in prison, while his wife was handed a 7-year sentence. This verdict marks another chapter in Khan's ongoing legal and political battles since his ousting from office in 2022. T

The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities. The Court specifically asked the UGC

Union Finance Minister Nirmala Sitharaman will chair the 55th GST Council meeting in Jaisalmer, Rajasthan, on Saturday, December 21. This meeting will focus on several important discussions related to the Goods and Services Tax (GST) in India. The agenda includes deliberations on taxability issues concerning food delivery platforms such as Swiggy and Zomato, and potential changes to GST rates on products like health insurance premiums, life insurance, wristwatches, shoes, and apparel. The cou

India introduced the Goods and Services Tax (GST) in 2017 to simplify the tax structure and reduce the tax burden. Recent data shows that the gross GST collection for October 2024 rose by 9% to ₹1.87 lakh crore, a record second-highest figure. However, a recent proposal by the Group of Ministers (GoM) on GST Rates Rationalisation suggests a new 35% GST slab on products like aerated drinks and tobacco, which has raised concerns. The proposal aims to target 'sin' products such as thos

Google Maps played an unexpected role in solving a year-long murder mystery in Spain. The investigation began in November 2023 after a man went missing in the northern region of Castile and Leon. Authorities arrested two suspects: a woman, the missing man’s partner, and her ex-partner. During their investigation, police raided homes and inspected vehicles but stumbled upon a key lead through "images in a location application." These images, taken from Google Maps'

A Chinese court has ruled that Li, a man involved in a complicated breakup, is not required to return a 300,000 Yuan (₹3.2 crore) gift given to him by his ex-girlfriend, Xu. The unusual legal case, which has gained significant attention, centers on the couple's tumultuous relationship. Li and Xu had been in a stable relationship since 2018 until 2020, when Li discovered that Xu had an affair with his nephew. The revelation led to a breakup, but Xu later transferred a large sum of money

Nikita Singhania, the estranged wife of techie Atul Subhash, was arrested by Bengaluru police in Gurugram after being accused of abetting his suicide. Atul Subhash, aged 34, was found dead at his Bengaluru home, leaving behind a suicide note and a video accusing Nikita and her family of cruelty and dowry harassment. Nikita, along with her mother and brother, initially evaded arrest by constantly changing locations and using WhatsApp for communication. However, a single phone call by

Senior advocate Mahesh Jethmalani has demanded a police case against Congress leader Sonia Gandhi over her association with the Forum of Democratic Leaders - Asia Pacific (FDL-AP), which allegedly supports the secession of Jammu and Kashmir from India. Jethmalani argues that by co-presiding over the forum, which is funded by George Soros’ foundation, Sonia Gandhi is linked to a platform that advocates for Kashmir's independence, a stance he deems criminal under the Unlawful Activiti

A heartbreaking incident has come to light involving Bengaluru techie Atul Subhash, who recently took his own life after allegedly being extorted by his estranged wife and her family. His family has filed a police complaint accusing his wife, her family members, and a judge of abetment of suicide. Atul, in a recorded 80-minute video and a 24-page suicide note, accused his wife, Nikita Singhania, and her family of extorting crores of rupees from him, beyond his financial capacity. He

Axis Securities Ltd has entered into a settlement with the Securities and Exchange Board of India (SEBI) agreeing to pay a sum of Rs. 14.62 lakh to resolve charges of front-running activities. SEBI's investigation uncovered that Vikrant Bhimrao Kadam, a dealer at Axis Securities, colluded with his associate Mandar Ulhas Bhatkar to execute trades ahead of orders from SVI Consolidated Pvt Ltd, their major client. These trades were made in both the equity and derivatives segments of the Nati

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

A major legal battle is unfolding as Gautam Adani, the Indian business magnate, and several of his associates face a $265 million bribery charge in the United States. This indictment, which also implicates his nephew Sagar Adani and executives from an Indian renewable-energy company, is raising significant questions about the extraterritorial application of US laws, especially since those involved do not reside in the US. Prominent Indian-American attorney Ravi Batra highlighted the

In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022. So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro

A panel of state ministers, established by the Goods and Services Tax (GST) Council, is set to convene in Goa on September 24 and 25. This six-member group, led by Bihar Deputy Chief Minister Samrat Chaudhary, will review the implications of rate rationalization on at least 100 items. The discussions aim to analyze potential changes in GST slabs and rates, particularly focusing on essential goods. During the two-day meeting, the panel will explore various

Delhi Chief Minister Arvind Kejriwal has announced his resignation just a month before the crucial Delhi Assembly elections, marking an unusual move in the political landscape. Kejriwal, who was recently released on bail after spending nearly six months in Tihar Jail in connection with the Delhi Liquor case, made the startling announcement during a meeting with his party cadres. He vowed to step down from his position within the next 48 hours, promising to return to office on

Mumbai-based actress Kadambati Jetwani has recently become a significant topic in Andhra Pradesh’s political landscape due to her allegations of abuse and torture by certain YCP leaders, allegedly supported by the Andhra Pradesh police during YCP’s tenure. Jetwani's accusations have led to a serious response from the Andhra Pradesh government, which has directed the state police department to expedite the investigation into the matter. In a significa

In a notable twist in the TDP office vandalism case, several YCP leaders including Lella Appireddy, Talasila Raghuram, and Devineni Avinash have resorted to a famous dialogue from Jr NTR’s movie Adhurs — "Telidu… Gurthuledu… Marchipoya" (don’t know, forgot, don’t recall) — during their police investigation. This dialogue has humorously yet significantly become a part of their defense strategy. The Supreme Court had earlier directe