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SC refuses to reopen 2021 ruling exempting foreign software payments from royalty tax
The Supreme Court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non-residents. The court reiterated its March 2021 ruling that such payments are not royalty, as end-user licenses do not transfer copyright. This decision provides significant tax relief for Indian companies acquiring software.
Supreme Court rules consumers not liable for unused power plant tariffs
The Supreme Court has ruled that electricity consumers are not obligated to pay tariff charges for a power plant that has stopped supplying electricity. The apex court restored a previous order against Tata Power Delhi Distribution Ltd. This decision means consumers will not bear the cost of a plant that is no longer operational.
Zaggle signs 3-year agreement with Supreme Industries for Zaggle Propel platform
Shares of Zaggle Prepaid Ocean Services Ltd ended at ₹255.20, up by ₹13.15, or 5.43%, on the BSE.
TCS Nashik Conversion Case: Matter Reaches Supreme Court — Here's What Plea Demands
The TCS Nashik case has been under scrutiny ever since nine women employees alleged harassment, intimidation and religious coercion.
Rail travel insurance should not be limited to online tickets: SC
The Supreme Court has ruled that all railway passengers must have equal access to travel insurance. This applies whether tickets are bought online or at counters. The court stated that a distinction in treatment is not justified. While misuse of insurance is a concern, solutions should be found instead of denying the facility.
LIVE: Trump Says Iran War Deal Near | Oil at $95 | RBI Policy Today | Opening Bell
Trump says the US is in final negotiations to end the Iran conflict and would be "honoured" to meet Iran's Supreme Leader Khamenei. Oil prices ease, Wall Street hits fresh highs, Broadcom tumbles after earnings, and all eyes turn to the RBI policy decision. Catch all the key global and domestic market cues on Opening Bell. Catch Surabhi Upadhyay in conversation with Market Experts.