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Legal Advice

Legacy > Legal Advice
10 February
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Supreme Court upholds NGT’s ruling, orders the illegal construction to be razed: Everything that went wrong with a PPP project

Posted by Mr. Gagan Anand
in Legal Advice

“If human society is to stay within the bounds of critical ecological thresholds, it is imperative that environmental laws are widely understood, respected and enforced and the benefits of environmental protection are enjoyed by people and the planet.”[i]   The Supreme Court vide its judgment dated January 12, 2021 has upheld the ruling of the National Green Tribunal (“NGT”) passed in 2016 regarding demolition of an illegal hotel-cum-restaurant structure built on forest land for the Himachal Pradesh Bus Stand Management and Development Authority (“HPBSM & DA”), the appellant in the instant case. The Court held that the construction constitutes a brazen violation...

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08 February
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The Budget 2021- 2022: Reforms to Boost Infrastructure

Posted by Janmeet Singh
in Legal Advice

Infrastructure got a big boost in the Union Budget 2021-2022 presented by the Finance Minister (FM). The government has chosen to spend big on infrastructure covering sectors such as the road sector, power sector ports,airports sector, urban infrastructure and so on. In its Budget 2021-2022, the Finance Minister emphasized the need to increase funding from the Government and the financial sector for 'National Infrastructure Pipeline' (NIP), which has been expanded to cover 7,400 projects by 2025. The Government intends to achieve the funding by: a) Creating National Bank for Financing Infrastructure and Development (NBFID) which will have a capital base of Rs.20,000...

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25 January
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The Merchant Shipping Bill, 2020: A step forward

Posted by Mr. Gagan Anand
in Legal Advice
blog

The Merchant Shipping Bill, 2020: A step forward "We can't control the wind, but we can direct the sail." India has a strategic location on the world's shipping routes, being the sixth largest maritime country in the world, with a coastline of approximately 7,517 km. According to the Ministry of Ports, Shipping and Waterways (the Ministry), India's 95 % trade by volume and around 70 % trade by value is done through maritime transport. This indicates how the Shipping Industry plays a predominant and valuable role in sustaining growth in the country's trade and commerce. Relying on the Indian Government's vital...

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09 February
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SNIPPETS OF THE UNION BUDGET 2021-2022

Posted by Madhav Sharma
in Legal Advice

[vc_row triangle_shape="no"][vc_column][vc_column_text] ACCOUNTABLE AND EFFICIENT TAX DISPUTE RESOLUTION Setting up a Dispute Resolution Committee has been proposed for taxpayers with a taxable income up to Rs. 50 lakh and disputed income up to Rs. 10 lakh to ensure efficiency, transparency and accountability. Faceless ITAT- Establish a National Faceless Income Tax Appellate Tribunal Centre, all communication between the Tribunal and the appellant shall be electronic, where personal hearing is needed, it shall be done through video-conferencing. To ensure faster disposal of cases, replacing the Authority for Advance Rulings with a Board for Advance Rulings and provide appeal against the order of...

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