All posts tagged: waive

If Maharashtra can waive farm loans fully, why can’t Tamil Nadu?, asks Anbumani

If Maharashtra can waive farm loans fully, why can’t Tamil Nadu?, asks Anbumani

Published by Parlour News

CHENNAI PMK president Anbumani on Wednesday questioned Chief Minister C. Joseph Vijay as to why he has announced a farm loan waiver of just ₹2,044 crore when the Maharashtra government has waived crop loans to the tune of ₹36,585 crore taken by 5.572 million farmers. Mr. Vijay and the State government should not blame National Bank for Agricultural and Rural Development (NABARD) rules for not fully waiving farmers’ crop loans as the rules do not state crop loan waiver cannot be given. In a statement, Dr. Anbumani said the decision taken by the Maharashtra State Cabinet regarding farm loan waiver was “historic” and the benefits received by the farmers there could not be compared to those received by the farmers in Tamil Nadu. “In Tamil Nadu, only farmers owning up to 2.5 acres of land are eligible for a maximum waiver of ₹50,000. Small farmers with up to 5 acres receive between ₹5,000 and ₹25,000, while large farmers get only ₹5,000 in loan waived. In contrast, in Maharashtra, without any distinction between small, marginal, or …

Supreme Court rules High Courts cannot waive stamp duty penalties

Supreme Court rules High Courts cannot waive stamp duty penalties

Published by Webster

The Supreme Court has ruled that a High Court cannot waive the statutory penalty payable on deficient stamp duty, holding that such power lies exclusively with the competent authority under the relevant Stamp Act.   In a significant judgment, a bench of Justices Sanjay Kumar and K. Vinod Chandran set aside a Karnataka High Court order to the extent it had exempted payment of penalty while directing payment of deficient stamp duty on lease documents.  The apex court was dealing with an appeal arising out of a long-pending partition suit filed in 2008, where the admissibility of two lease documents was contested on the ground of insufficient stamping.  The Justice Sanjay Kumar-led Bench clarified that once an instrument is found to be insufficiently stamped, its impounding is mandatory under the Karnataka Stamp Act, 1957, and the statutory scheme leaves no room for courts to dilute penalty provisions in the manner adopted by the High Court.  “The High Court cannot, by itself, direct payment of stamp duty and absolve the penalty which is otherwise mandated under …

“BWF will waive off penalty” – PV Sindhu on missing 2026 All England Open

“BWF will waive off penalty” – PV Sindhu on missing 2026 All England Open

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India’s double Olympic medallist PV Sindhu was forced to withdraw from the ongoing 2026 All England Open Super 1000 after being stranded at the Dubai airport due to the ongoing conflict in the middle east. The Badminton World Federation, the global governing body for the sport, imposes fines on top ranked players, who usually miss top level tournaments like Super 750 and Super 1000. For example, Denmark’s Anders Antonsen was fined for pulling out of the 2026 India Open earlier this year due to the heightened pollution in the country during the time. Sindhu revealed that the BWF has agreed to waive off the fine on her following her withdrawal from the prestigious All England Open. “It’s a penalty of $5,000 when you miss such tournaments,” Sindhu told reporters in an interaction felicitated by Sports Authority of India on Tuesday, after reaching back safely to India. “I explained my situation to BWF and they agreed to waive off the penalty. They understood that you can’t do anything when you are stuck in a war situation,” …

If Maharashtra can waive farm loans fully, why can’t Tamil Nadu?, asks Anbumani

Sponsor requested Corporation to waive 10% entertainment tax for match

Published by Parlour News

Reporter Broadcasting Corporation (RBC) had requested the Kochi Corporation to waive and exempt the entertainment tax for the proposed international friendly match it was sponsoring, featuring the Argentina national team. The match, originally scheduled for November 17, has since been called off. RBC managing director wrote to Mayor M. Anilkumar on October 16. As per the Local Self-Government department’s order dated January 31, 2024, the Corporation is entitled to 10% of the ticket fare as entertainment tax. Waiving this would have resulted in a significant revenue loss for the civic body. While referring the request to higher authorities, a Corporation official recalled the Kerala High Court’s interim order directing the payment of ₹1.36 crore in connection with the waiver of entertainment tax for an Indian Premier League match held at the Kaloor International Stadium in April 2011. The RBC request was included as an agenda item in the Corporation’s Finance Standing Committee meeting held on Tuesday (November 4), for which the notice had been prepared on October 24. The Opposition United Democratic Front (UDF) opposed …

Proposed Odisha IT policy offers to waive off routine regulatory inspections of IT companies

Proposed Odisha IT policy offers to waive off routine regulatory inspections of IT companies

Published by Parlour News

The state secretariat building. Image for representative purpose | Photo Credit: The Hindu The Odisha government is expected to unveil a new Information Technology policy, offering a range of concessions and exemptions to companies looking to establish campuses and operate within the State. The government may provide a one-time recruitment assistance of ₹25,000 for each newly hired employee, with a maximum limit of ₹50 lakh per company, for a period of five years from the start of commercial operations in Odisha. This incentive applies exclusively to Odisha domicile employees working in units located within the State. As per Odisha IT Policy draft 2025, the policy will remain in force for a period of five years from its date of gazette notification or till it is substituted by another policy. With the Indian lT industry expected to maintain its growth momentum, driven by widespread technology adoption across various industries, particularly in healthcare, education, and finance, the Odisha government intends to strengthen its IT infrastructure and attract investment in the sector by wide range of sops. The …

Manipur CM requests AIFF to waive off state clubs’ relegation from I-League

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Manipur Chief Minister N Biren Singh requested the All India Football Federation (AIFF) to exempt TRAU FC and NEROCA FC – the two I-League clubs from the state – from relegation due to ethnic violence in the state. Singh wrote the letter addressed to AIFF president Kalyan Chaubey on March 8, 2024, seeking the retention of the two clubs in the I-League, the second division of Indian football. The Manipur clubs had sought their away ties against Aizawl FC at a neutral venue due to “open support of the Mizos to the Kuki Jo group,” and that “tensions between Meiteis and Kukis are not yet stopped.” Aizawl FC, however, had refused to entertain the request, leading to games being cancelled and the teams sharing a point each. “I feel that the situation that both clubs face themselves in is a very unique one and something beyond anyone’s control. I shall be very grateful if you could kindly consider retaining TRAU FC and NEROCA FC in the First Division of the I-League,” the chief minister wrote …

Haryana to waive outstanding water charges, including surcharge and interest, amounting to ₹372.13 crore for rural households

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An official statement said the Cabinet decision would extend relief to a substantial 28.87 lakh water connection holders in rural areas.  | Photo Credit: SHIV KUMAR PUSHPAKAR Ahead of the Assembly elections due later this year, the Haryana government on Wednesday decided to waive outstanding water charges, including surcharge and interest, amounting to ₹372.13 crore for rural households in the State. The decision was taken at the Cabinet meeting chaired by Chief Minister Manohar Lal here. An official statement said the Cabinet decision would extend relief to a substantial 28.87 lakh water connection holders in rural areas. However, this waiver does not extend to institutional, commercial, or industrial consumers falling under the Public Health Engineering department, it added. The Cabinet has approved the waiver of water charges amounting to ₹336.35 crore, accumulated from April 1, 2015, to December 31, 2022, for all types of consumers in villages and rural areas. This encompasses general category as well as Scheduled Caste categories, said the statement. In addition, the Cabinet has accorded approval for the waiver of surcharge …

Legislative council passes bill to waive duty on electricity charges for Metro

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The Maharashtra legislative council on Wednesday passed a bill that proposed to waive the electricity duty on the power consumed by Metro rail operations in the state, reported the PTI. According to the PTI, tabling the bill to amend the Maharashtra Electricity Duty Act, Maharashtra Deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, said the move aligns with an earlier waiver granted to the monorail services in Mumbai. The Maharashtra Metro Rail Corporation had sought a waiver on duty on energy consumed by Metro services. Congress member of legislative council Satej Patil raised questions over the effectiveness of the waiver and sought to highlight what he called fare disparities between Mumbai and Navi Mumbai Metro services, as per the PTI. Despite opposition from NCP member Eknath Khadse, the upper house cleared the bill, the news agency reported. Meanwhile, the Maharashtra government on Wednesday announced a subsidy of Rs 5 per litre for milk producers which will be implemented for the next two months. State animal husbandry and dairy development minister Radhakrishna Vikhe Patil …