Post the Finance Act, 2022, Cryptocurrency was made taxable under the ambit of Virtual Digital Assets at a rate of 30%, the Indian Judiciary has been proactive in recognizing such currencies, and assets under the ambit of different laws, and statutes. The Rajasthan High Court in its recent judgment in Parmesh Chand Yadav vs Income …
The Overlap Of Income Tax Act And Cryptocurrency: Reassessment Notice Read More »
Mining is an important business in India and a key driver of economic growth. Minerals and ores are used as primary raw materials in a variety of industries, including those that produce thermal power, iron, steel, cement, petrochemicals, etc. Illegal mining on a large scale across numerous states costs millions of crores each year and …
Illegal Mining- Analysis From Indian Law Pov And Recent Highlights From Rajasthan Read More »
To promote lawful mining, the Rajasthan Government has introduced amendments to the Rajasthan Minor Mineral Concession Rules, 2017 (“The Minor Mineral Concession Rules”), which would improve transparency, and increase state revenue. The announcement of easing the rules under an amendment dated 5th August 20221 was included in the Ashok Gehlot administration’s 2022-23 Budget Speech.2 The …
Rajasthan Mineral Concession Amendment Rules, 2022 Read More »
An excise duty is a tax paid on locally manufactured items. It is a tax placed on the manufacture or sale of a product. The Rajasthan Excise Act, 1950, (‘The Act’) governs the entire state of Rajasthan. In this article, we will have a look at the various provisions of the Act. They are as …
Rajasthan Chief Minister Ashok Gehlot kicked off the two-day ‘Invest Rajasthan Summit 2022’ in Jaipur on October 7, 2022. The two-day conference was attended by dignitaries from the world’s most recognizable corporations. Industry professionals and leaders shared their perspectives during the summit’s conclave and panel discussion. The Chief Minister inaugurated 25 industrial zones around the …
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