INSIGHTS
L&S INSIGHTS
Adoption of Artificial Intelligence in the FinTech sector: A regulatory overview06 January 2025
NEWS
06 January 2024
The Ministry of Electronics and Information Technology (‘MEITY’) released the Draft Digital Personal Data Protection Rules, 2025 (‘DPDP Rules’ or ‘Rules’) on Friday, over a year since the passing of the Digital Personal Data Protection Act, 2023 (‘DPDPA’) for public consultation and feedback until 18 February 2025.
NEWS
03 January 2024
The Delhi High Court has held that telecommunication towers would not fall within the ambit of Section 17(5)(d) of the CGST Act and thus denial of input tax credit is consequently not sustainable. Several petitioners were represented by Lakshmikumaran & Sridharan Attorneys here.
NEWS
23 December 2024
The 55th GST Council Meeting was held in Jaisalmer on 21 December 2024. The Council has recommended on number of issues including on rate of tax on various goods and services, measures for facilitation of trade and for streamlining compliances, and various other measures pertaining to law and procedures. Few of the important measures/changes as recommended by the Council and stated in the Ministry of Finance Press Release are highlighted below.