SC judgment nullified; GST Council fixes Safari Retreats' error retrospectively
The New Indian Express Mysuru|December 23, 2024
THE government has 'nullified' the Supreme Court order in the Safari Retreats case that allowed commercial real estate companies to claim input tax credit (ITC) on construction costs for their rental buildings.
DIPAK MONDAL @ New Delhi

The GST Council in its 55th meeting in Jaisalmer has proposed to retrospectively amend the GST law to restrict input tax credit on construction services. The amendment necessarily overturns the judgment of the Supreme Court.

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The New Indian Express Mysuru

MARKET MECHANISM DEBATE: ARTICLE 6 KEY TO EMISSIONS REDUCTION

The 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, concluded amid widespread disappointment and criticism.

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2 mins  |
December 28, 2024
The New Indian Express Mysuru

MARKET MECHANISM DEBATE: 6 KEY TO EMISSIONS REDUCTION

The 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, concluded amid widespread disappointment and criticism.

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2 mins  |
December 28, 2024
The New Indian Express Mysuru

Olympic heartbreak and no net gain for badminton

The ever-reliable discipline for India, in terms of providing the thrill & medals at elite competitions, endured a difficult year with some of the top shuttlers struggling for form, writes Anmol Gurung. Missing out on a medal in Paris was a new low...

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3 mins  |
December 28, 2024
The New Indian Express Mysuru

Mohammedan play out goalless draw vs Odisha

MOHAMMEDAN SC held Odisha FC to a goalless draw at the Kishore Bharati Krirangan in the Indian Super League (ISL) on Friday to break their five-game-long losing streak in the competition.

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1 min  |
December 28, 2024
The New Indian Express Mysuru

Smith regains midas touch

IN many ways, it was coming. From the moment he got that century in Brisbane, Steve Smith seemed like he was going to pile on.

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December 28, 2024
The New Indian Express Mysuru

Six minutes of chaos for India

ASHASVI Jaiswal turned around and looked at Virat Kohli as Alex Carey took the bails off at the striker's end.

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3 mins  |
December 28, 2024
The New Indian Express Mysuru

No Extra Pressure for Slot as Liverpool Win

ARNE Slot insists Liverpool's commanding position at the top of the Premier League table has led to no extra strain during his first season in charge at Anfield.

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1 min  |
December 28, 2024
The New Indian Express Mysuru

Osamu Suzuki, architect of India's automobile revolution, dies at 94

OSAMU SUZUKI, chairman of Suzuki Motor Corp (SMC), passed away from lymphoma on Wednesday, December 25, 2024, the company announced in a statement on Friday. He was 94.

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1 min  |
December 28, 2024
The New Indian Express Mysuru

RBI Allows UPI Access via Third-Party Payment Apps

The Reserve Bank on Friday allowed the popular unified payments interface (UPI) access to prepaid payment instruments (PPIs) through third-party applications, making it easier for users to link their digital wallets to UPI-enabled apps.

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1 min  |
December 28, 2024
The New Indian Express Mysuru

Manmohan Singh: The silent Prime Minister or a humane economist?

EXPECTATIONS of Dr Manmohan Singh, the trailblazer of India's new economic policy, is no more.

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2 mins  |
December 28, 2024