18 Jan, 2025
Trump Family’s Crypto Venture to Acquire TRX: What It Means for Investors The Trump-backed cryptocurrency project, World Liberty Financial (WLF), has announced plans to acquire TRX (Tron) for its treasury. This comes after the project raised $90 million through the sale of its own token, WLFI. With Justin Sun, a key figure in the cryptocurrency […]
Read More18 Jan, 2025
Axis Bank Q3FY25 Results: A Market Debate on Investment Strategy Axis Bank Q3FY25 results have stirred discussions in the financial market, leaving investors to weigh the bank’s performance against its long-term potential. The reported net profit of ₹6,304 crore represents a 4% year-over-year (YoY) growth but shows a 9% decline quarter-over-quarter (QoQ). Despite a robust […]
Read More17 Jan, 2025
The interplay between mortgage rules and economic growth is pivotal in shaping housing market dynamics. Recent updates, such as regulatory adjustments in Canada, the U.S., and the UK, have brought this issue to the forefront. Policymakers face the challenge of balancing accessible homeownership with financial stability, ensuring that the housing market remains resilient while supporting […]
Read More17 Jan, 2025
US Consulate Opens in Bengaluru A Milestone for India-US Relations The United States has officially inaugurated its consulate in Bengaluru, marking a historic moment for India-US relations. This long-anticipated development underscores the city’s growing importance as a global technology and innovation hub. The US Consulate opens in Bengaluru is set to streamline visa services for […]
Read More17 Jan, 2025
📊 Nifty’s Volatility: What’s Driving the Market? The Nifty Index, a barometer of India’s stock market, has recently shown fluctuating fortunes, stirring debates among market analysts. With the index trading below critical levels as of January 16, 2025, questions loom over its direction in the coming months. The current downturn is largely attributed to foreign […]
Read More17 Jan, 2025
Provisional Release of Goods Under GST: Key Insights from Kerala High Court’s Landmark Ruling The Kerala High Court recently delivered a significant verdict, permitting the provisional goods release under GST pending adjudication of a notice issued under Section 130 of the GST Act. This decision has brought much-needed clarity to businesses dealing with goods confiscation […]
Read More17 Jan, 2025
Delhi HC Quashes GST Levy on Licence Fees Collected by Electricity Regulatory Commissions The Delhi High Court has ruled that GST levy on licence fees collected by Electricity Regulatory Commissions (ERCs) is invalid, safeguarding their quasi-judicial roles and regulatory functions. This landmark judgment provides critical relief to statutory bodies like the Central Electricity Regulatory Commission […]
Read More17 Jan, 2025
GST Fake Invoices: Supreme Court Pulls Up GST Department The Supreme Court of India recently addressed a critical issue affecting genuine taxpayers under the GST regime. The matter concerns purchasers who, despite making legitimate payments (including GST), face penalties due to suppliers issuing fake invoices. The Court’s observations highlight systemic gaps in the GST framework, […]
Read More17 Jan, 2025
Kerala High Court Rules on GST Cross-Empowerment of State Officials The Kerala High Court recently delivered a landmark judgment clarifying the need for notification in the cross-empowerment of State officials under the Goods and Services Tax (GST) Act. The division bench, led by Justice Dr. AK Jayasankaran Nambiar and Justice S. Easwaran, resolved a critical […]
Read More17 Jan, 2025
Understanding GST on Solar Projects: A Game-Changing Ruling In a landmark judgment, the Andhra Pradesh High Court has clarified the GST implications for solar projects. The court ruled that solar power projects qualify as a ‘composite supply,’ attracting a reduced GST rate of 5%. This ruling brings relief to the renewable energy sector, ensuring affordability […]
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