All posts tagged: safeguards

India News Live Today February 28, 2025: SC puts safeguards in GST, Customs arrests

India News Live Today February 28, 2025: SC puts safeguards in GST, Customs arrests

Live Feb 28, 2025 12:21 AM IST India News Live: Stay informed with our live blog covering India’s latest in politics, economy, crime, and general news. Get real-time updates on political developments, financial trends, crime reports, and important events across the country. Stay connected with the most crucial stories shaping India, all in one place. Latest news on February 28, 2025: The Supreme Court also addressed concerns that taxpayers were being forced to make voluntary payments under threat of arrest, noting that payments under Section 74(5) of the GST Act must be truly voluntary and not extracted under coercion. (Sanchit Khanna/HT Archives) India News Live: Get real time updates on the latest happenings across India. From key political shifts and government decisions to economic developments and crime reports, we bring you real-time information as it unfolds. Our coverage also includes general news, spotlighting significant events and issues impacting daily life. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More Follow all the updates here: Feb 28, 2025 12:21 AM …

SC puts safeguards in GST, Customs arrests | Latest News India

SC puts safeguards in GST, Customs arrests | Latest News India

New Delhi The Supreme Court on Thursday upheld the power of officers to arrest individuals under the Goods and Services Tax (GST) and Customs Acts but introduced key judicial safeguards to prevent arbitrary detention and clarified the extent and limits of enforcement under these special statutes. The Supreme Court also addressed concerns that taxpayers were being forced to make voluntary payments under threat of arrest, noting that payments under Section 74(5) of the GST Act must be truly voluntary and not extracted under coercion. (Sanchit Khanna/HT Archives) A three-judge bench, led by Chief Justice of India (CJI) Sanjiv Khanna, emphasised the necessity of procedural compliance to uphold constitutional rights, while issuing directives to ensure that arrests are not made on “mere suspicion” or “for the sake of investigation”. Delivering the verdict on a bundle of 281 petitions that assailed the arresting powers under the central and state GST laws and the Customs Act, the bench, also comprising justices MM Sundresh and Bela M Trivedi, made several key determinations — the right of a person to …

Supreme Court Judge Calls For Stronger Safeguards In Constitutional Bodies

Supreme Court Judge Calls For Stronger Safeguards In Constitutional Bodies

Last Updated:December 23, 2024, 00:17 IST Justice Narasimha emphasized protecting constitutional institutions from political interference, stressing safeguards for appointments, decisions and removals. Justice Narasimha discussed the significance of ‘Fourth Branch Institutions’ like the Election Commission and Information Commissions in ensuring democracy. (IMAGE: X) India must protect the integrity of its constitutional institutions from outside interference, including those that are politically motivated, said Justice P S Narasimha, Judge, Supreme Court of India, on Sunday. Justice Narasimha was delivering the Justice E S Ventakaramiah Centennial Memorial Lecture, organised by the National Law School of India University (NLSIU) in Bengaluru. Justice Venkataramiah served as the 19th Chief Justice of India. He previously served as a judge of the Karnataka High Court, as well as the Advocate General of Mysore. According to the Supreme Court Observer, he was a part of benches that pronounced 720 judgments. Of these, he authored 256 judgments during his term at the Supreme Court. In his lecture, Justice Narasimha said integrity of the institutions can be maintained only by putting in place safeguards in …

Brazil’s CBDC Pilot Reportedly Delayed to 2025 Due to Lack of Privacy Safeguards: Details

Brazil has reportedly halted the pilot testing of Drex, its central bank digital currency (CBDC), The pilot of the country’s first CBDC will take place by 2025, as the Central Bank of Brazil has found blockchain privacy solutions to be insufficient, which could cause financial inconvenience to Brazilian nationals, according to a report that states the South American nation has decided to conduct privacy trials on its CBDC with the help of third-party institutions. This will be phase two of Drex’s trials, with a major focus on privacy. Brazil’s CBDC Project Reportedly Delayed to 2025 The Banco Central do Brasil (BCB) will launch Drax into the second phase of trials in July this year. It has been designed to be part of a blockchain system supported by the Ethereum-based Hyperledger Besu. According to a Valor Econômico report (in Portuguese), the launch of the CBDC has been delayed to 2025. The central bank is looking to finetune the country’s financial compliance, banking, and tax secrecy regulations. Cybersecurity firms like Zether and Parfin are working with Brazilian …

Unfazed by impending entry of Tesla, new EV policy has safeguards: Mercedes-Benz India

New Delhi, German luxury carmaker Mercedes-Benz is unfazed by the likelihood of Tesla entering India with imported electric cars at much lower duty and believes that the country’s new EV policy has safeguards for existing players, a senior company official said on Thursday. HT Image While the entry of the likes of Tesla and VinFast will help expand the market and accelerate EV adoption in India, Mercedes-Benz is confident to maintain leadership in the luxury EV space as the new entrants would play in the lower segment. Unlock exclusive access to the story of India’s general elections, only on the HT App. Download Now! “I think new competitions and new players are always welcome. It helps to expand the market, spread more awareness, which is also the need of the hour to get more EV penetration,” Mercedes-Benz India Managing Director & CEO Santosh Iyer told PTI. He was responding to a query on the implications of India’s new EV policy and if it puts manufacturers which have already invested in the country at a disadvantage. …

ULFA pact: an accord of safeguards?

United Liberation Front of Asom chairman Arabinda Rajkhowa arrives at Lokpriya Gopinath Bordoloi International Airport in Guwahati on December 31, 2023 after the signing of a peace accord between ULFA and the central and Assam governments in New Delhi. | Photo Credit: PTI Can a peace pact with a faction of an extremist organisation do what six years of agitation to drive out ‘Bangladeshis’ and a follow-up exercise to update the National Register of Citizens (NRC) could not? Assam Chief Minister Himanta Biswa Sarma believes it can while conveying a narrowing gap between the Assamese and Bengali communities through a formula to determine who qualifies to be labelled indigenous. On December 29, 2023, the pro-talks faction of the United Liberation Front of Asom (ULFA) signed a tripartite peace deal with the Centre and the Assam government. Unlike similar pacts with other Assam-based outfits, the formal agreement with the ULFA faction did not signal the end of extremism in Assam. This is because the hardline ULFA (Independent) faction headed by Paresh Baruah continues to wage war …