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Finance Ministers Who Presented Most Budgets in India: 2025 Update
The Union Budget is one of the most important annual financial exercises of the Government of India. It sets the economic direction for the country...
![Apartment Owners Association Gets Second Chance: ITAT Sets Aside CIT(A) Order due to Technical Glitch [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Technical-Glitch-ITAT-Owners-Association-taxscan.jpg "Apartment Owners Association Gets Second Chance: ITAT Sets Aside CIT(A) Order due to Technical Glitch [Read Order]")
Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]
According to a ruling by the National Company Law Appellate Tribunal ( NCLAT ) in New Delhi, liquidation profits cannot be allocated based on the security interests of various secured creditors;...
![Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Proceedings-under-IBC-Delhi-HC-Insolvency-and-Bankruptcy-Code-taxscan.jpg "Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]")
India might Tax Companies Cutting Jobs Due to AI: CEA Highlights Balancing AI Benefits and Social Costs
The Economic Survey 2024-25, tabled in Parliament by Finance Minister Nirmala Sitharaman, has raised concerns over the impact of artificial intelligence (AI) on India’s job market, emphasizing the...
