Courts Financial News
15.03 / 05:34
UPS
Election
President
Courts
Updates
Pleas on Electoral bonds & EC appointments to come up in SC today
Follow live updates on Electoral bonds Here Both cases comes a day after the poll body uploaded the details of the electoral bonds issued to political parties on its website and the appointment of two election commissioners, ahead of Lok Sabha polls. In the first case the ECI, according to legal news website LiveLaw, has requested the Supreme Court to return to it the documents in sealed cover that it had submitted in the Electoral Bond case.
15.03 / 02:57
Airlines
Boeing
Southern
Courts
Investigations
International
rowing
Seat belt saved passenger's life on Boeing 737 jet that suffered a mid-air blowout in January 2024, says new lawsuit
Alaska Airlines Boeing 737 jet when part of its fuselage blew out in January are suing — including one who says his life was saved by a seat belt. The latest lawsuit, representing seven passengers, was filed in Washington’s King County Superior Court Thursday against Boeing, Alaska Airlines, Spirit AeroSystems and 10 people listed as John Does. Cuong Tran, of Upland, California, was sitting in the row behind where the side of the aircraft tore away and left a door-sized hole on Alaska Airlines Flight 1282 on Jan.
15.03 / 02:57
Enterprise
Trade
reports
donates
Courts
Investigations
Electoral Bonds Data: All about 'Lottery King' Santiago Martin — founder of top donor Future Gaming and Hotel Services
electoral bonds for contributions to political parties. This came after the Supreme Court of India directed the State Bank of India to complete its submission of data on March 12. Now, with the lists revealed, leading the list of donors is a rather unknown company called Future Gaming and Hotel Services, helmed by "Lottery King" Santiago Martin.
14.03 / 22:45
14.03 / 22:05
14.03 / 21:49
Provident
Election
show
information
reports
Courts
Electoral bond data: Future Gaming and Megha Engineering top donors to political parties
Megha Engineering and Infrastructure Ltd head the list of donors to parties through electoral bonds. Late on Thursday, the Election Commission of India (ECI) published details of bond buyers and beneficiaries since April 2019, as per the Supreme Court’s orders, ahead of the 18th Lok Sabha elections. The data release provides details of electoral bonds worth over Rs 12,000 crore. The information was provided by State Bank of India (SBI), the sole seller of the bonds, and published by the ECI. Other donor names include the Bharti Group and Vedanta. The information clearly shows the ruling Bharatiya Janata Party (BJP) got the lion’s share over the years, something that’s also clear from the party’s own annual audit reports.
14.03 / 19:51
Maxim
Aware
CRA
information
2020
reports
Courts
Taxpayer learns ignorance isn't bliss when it comes to the CRA and TFSA rules
As we wade through tax season anxiously awaiting those final few T5 and T3 slips for 2023 to arrive, we should ensure we’ve taken full advantage of the contribution room available to us in all the various registered plans in order to minimize the amount of taxable investment income we’ll need to report in future years.
14.03 / 19:29
COST
awards
2020
Courts
rights
Govt moves High Court challenging Arbitral Award to Vedanta
government on Thursday moved the Delhi High Court, challenging a foreign arbitration award won by Vedanta against the former's demand for a higher payout from its Rajasthan oil and gas fields. The dispute between the Directorate of Hydrocarbons and Vedanta — Cairn arose due to incorrect cost recovery and non-allocation of common costs that allegedly had a huge «adverse financial implication on the Profit Oil/Gas» payable to the government. As of May 14, 2020 (excluding interest), the government's share of profits dues of the company of $1.66 billion were short paid by $1.16 billion, representing 70% of the total amount due, according to the government.
14.03 / 19:29
UPS
WhatsApp
Bill
Experts
Courts
Cos under recast get more time to file modified income returns
companies undergoing business reorganisation such as amalgamation, merger or demerger, the Central Board of Direct Taxes (CBDT) has allowed them to file modified returns of income with an extended deadline. Companies undergoing business reorganisation, particularly those involved in schemes of amalgamation, merger, or demerger or succession post insolvency sanctioned by competent authorities, after June 2016 but prior to April 1, 2022, may now file modified return up to June 30, CBDT said in an order issued on Thursday. Experts said the CBDT decision underscores the government's commitment to a business-friendly ecosystem as it brings relief to companies whose reorganisation orders were issued before the implementation of the Finance Bill 2022.
14.03 / 18:43
Provident
Compilation
Enterprise
Election
Courts
Updates
SBI Electoral Bonds data LIVE updates: Future Gaming, Megha Engineering among top donors
SBI Electoral Bonds data LIVE updates: The Election Commission of India (ECI) on Thursday uploaded the electoral bond data on its website in compliance with the February 15 order of the Supreme Court. The electoral bond data, compiled by the State Bank of India (SBI) lays down two sets of information- one related to the name of the purchaser date, and denomination of the bonds.
14.03 / 18:43
Opinion
Justice
reports
Courts
Investigations
Delhi excise policy scam: Supreme Court rejects Manish Sisodia's curative petition for bail
Manish Sisodia's curative petition challenging the apex court's decision rejecting his bail plea in the Delhi excise policy scam case, news agency ANI reported. Dismissing the curative petition filed by the former deputy chief minister of Delhi, a Supreme Court bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai and SVN Bhatti said," no case is made out." “We have gone through the Curative Petitions and the connected documents. In our opinion, no case is made out within the parameters indicated in the decision of this Court in Rupa Ashok Hurra vs Ashok Hurra," the bench observed.
14.03 / 18:43
FIVE
Analysis
Election
wellness
donates
Courts
Electoral bonds: 7 Sensex cos in the list, Coimbatore-based firm is top donor
Mint analysis of the data released by the Election Commission of India (ECI) on Thursday. Until the Supreme Court quashed the scheme last month, purchasing an electoral bond effectively meant making a political donation that could later be encashed by a political party. The list detailed bonds worth ₹12,155.51 crore purchased by over 1,300 companies in nearly five years.
14.03 / 17:23
Bitcoin
Schools
Courts
NOT
Self-proclaimed bitcoin 'inventor' did not invent bitcoin, UK judge rules
bitcoin is not the pseudonymous inventor of the cryptocurrency, a judge at London's High Court ruled on Thursday. Craig Wright has long claimed to have been the author of a 2008 white paper, the foundational text of bitcoin, published in the name «Satoshi Nakamoto».
14.03 / 16:49
BitMEX
Research
Bitcoin
innovations
Courts
NOT
Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto
UK Judge James Mellor has rejected Craig Wright’s claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict.
14.03 / 16:13
14.03 / 16:11
LGBT
Landmark
community
Freedom
Equality
Courts
rights
Japan HC deems same-sex marriage ban as 'unconstitutional', urges govt to overturn law
LGBTQ community in Japan cheered the high court ruling as a landmark decision that gives them hope for change toward equality. Notably, the Japanese High Court does not have the provision to overturn the current marriage law, which restricts marriage as between woman and man. The Sapporo High Court ruling said that not allowing same-sex couples to marry and enjoy the same benefits as straight couples violates their fundamental right to equality and freedom of marriage, reports AP.
14.03 / 16:11
Election
information
reports
Courts
Electoral Bonds case: EC moves application seeking modification of SC judgment
Bar and Bench reported. The Supreme Court will now the matter regarding the compliance with its orders in connection with electoral bonds case. While scrapping the Centre's Electoral Bond scheme, the Supreme Court had asked the State Bank of India (SBI) to furnish details of the electoral bonds to the Elections Commision.
14.03 / 14:33
14.03 / 14:01
Strategy
Election
Death
film
Actor
Courts
Filmmaker Ram Gopal Varma joins politics, to contest 2024 Lok Sabha polls from Andhra Pradesh's Pithapuram
Lok Sabha polls. Kalyan is a known Telugu actor and heads the JSP. After suffering a crushing defeat in the 2019 Lok Sabha elections, the TDP, which was part of the BJP-led National Democratic Alliance until 2018, expressed interest in reviving the alliance.
14.03 / 12:55
Provident
Justice
cover
Courts
rights
SC reserves verdict on whether royalty on minerals is tax
Supreme Court on Thursday reserved its verdict on the hugely contentious issue of whether the royalty payable on minerals is a tax under the Mines and Minerals (Development and Regulation) Act, 1957, and if only the Centre is vested with the power to levy such exaction or states also have the authority to impose levies on mineral bearing land in their territory. A nine-judge bench headed by Chief Justice DY Chandrachud heard the matter on eight days, while dealing with a batch of 86 appeals filed by different state governments, mining companies and public sector undertakings. The bench, also comprising Justices Hrishikesh Roy, Abhay S Oka, BV Nagarathna, JB Pardiwala, Manoj Misra, Ujjal Bhuyan, Satish Chandra Sharma and Augustine George Masih, heard the arguments of various parties including the Centre. During the hearing, the top court had said the Constitution vests the power to impose tax on mineral rights not in Parliament alone but also the states and underlined that such authority should not be diluted.
14.03 / 11:41
markets
UPS
Provident
Action
Discrimination
Courts
Morning Coffee: Barclays bankers’ long list of grievances comes to nothing. UBS's latest layoffs are nothing new
As your grandparents might have told you, “once you find a single reason to be angry about something, you won’t have trouble finding dozens more”. Seldom has there been a better example of this proverb in action than the UK Employment Tribunal case which was recently decided largely in favour of Barclays and against three of its staff.
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