Interim Budget 2024: Know Key Announcements & Developments
https://www.livelaw.in/tax-cases/interim-budget-2024-key-announcements-developments-248199

🏧 5 key points - Interim Budget Highlights

Retention of the same tax rates

There will be no changes to taxation and will retain the same tax rate for direct and indirect taxes including import duty. There will be no changes in the tax rates for direct and indirect taxes, including import duties or Corporate Taxes which is 22% for existing domestic companies, and 15% for certain new manufacturing companies. There will be no tax liability for taxpayers with income up to Rs.7 lakh under the new tax regime.

Withdrawal of outstanding direct tax demand

The withdrawal of outstanding direct tax demand Up to Rs. 25,000 pertaining up to FY10 and up to Rs. 10,000 for FY11-FY15, is expected to benefit approx. 1 crore taxpayers.

Extension of tax benefits

Certain tax benefits to Startups and investments made by sovereign wealth funds/pension funds, tax exemption of some IFSC units earlier expiring on 31.03.2024 extended up to 31.03.2025.

Direct Tax Achievements of Taxation Reforms

The Direct Tax Collections more than trebled in the last 10 years. The number of return filers swelled to 2.4 times. There was a reduction in the average processing time of returns from 93 days (2013-14) to 10 days (2023-24).

GST Achievements of Taxation Reforms

Average monthly Gross GST collections doubled to ₹1.66 lakh crore in FY24. There was an increase in tax buoyancy of State revenue from 0.72 (2012-16) to 1.22 in the post-GST period (2017-23). It benefited the consumers due to the reduction in logistics costs and prices of most goods and services


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💪 Section (34) IPC (3(5)) BNS- Overt act Is a need or Not?

In Krishnan and Another v. State of Kerala, it has been observed that an overt act is not a requirement of law for Section 34 IPC to operate but prosecution must establish that the persons concerned shared the common intention,

Common intention or crime sharing may be by an overt or covert act, by active presence or at distant location but there should be a measure of jointness in the commission of the act. Even a person not doing a particular act but only standing as a guard to prevent any prospective aid to the victim may be guilty of common intention.

#question

Difference between over act and active participation?

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DJS PRELIMS RESULT

Cut off- 160.25
General (💯% accuracy)
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Isi Din ka intezaar tha 👍

Cut off is almost in range of Prediction 155-160 (still it is higher and was not expected this much)

Koi nahi jinka nahi hua 2024 is golden year kisi ke 5 marks kum honge kisi ke 10 to kisi ke 20 itne se farak nahi padhta.

Keep working vacancies pe dhyaan do aaj ke din thoda socho and aage badho 😎 new journey.

😊 Jinka hua hai they can tell us in the comment if they want, so that we can help you even more.

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Well Highest is 181.25 by Mayank

Great 👍 (out of 198 in negative marking exam)

Competition 🔥

Complete Result

☑️ 285th Law commission Report

"The whole jurisprudence around the law on criminal defamation has the essence of protecting one's reputation and its facets."

1. Criminal defamation acts as a deterrent against false and malicious statements, preventing damage to one's reputation that civil remedies might not adequately address.

2. The protection of reputation is not the only impetus behind criminalising defamation as avoiding public disturbances is an equally important motivation".

3. It is highlighted that reputation is an important facet of Article 21 of the Constitution, which "cannot be allowed to be jeopardised just because an individual has to enjoy his freedom of speech" at the expense of hurting the sentiment of another.

4. The recommendations also underline that speech ought to be illegal only when it is meant to do substantial harm and when such harm materializes.

5. Community service in BNS for Criminal defamation.

😉 Use- Law commission reports in your answers they are almost equally valuable as recent judgments.

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🏛️ What is Government and Key Elements of Government.

2 MCQs in UPSC CSE directly came from 6th class book.

Read the deadly combo of one liners and MCQs

#NCERTs_JOTs
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Rule 2 - Both and Not

#120_rules

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👨‍⚖️ 6 high court chief justice

1. Justice Manindra Mohan Srivastava (presently Acting Chief Justice of Rajasthan High Court) appointed as the Chief Justice of Rajasthan High Court. His parent High Court is Chhattisgarh High Court.

2. Justice Ritu Bahri (presently Acting Chief Justice of Punjab and Haryana High Court) appointed as the Chief Justice of the Uttarakhand High Court.

3. Justice Chakradhari Sharan Singh (presently Judge of Patna High Court) appointed as the Chief Justice of the Orissa High Court.

4. Justice Vijay Bishnoi (presently Judge of Rajasthan High Court) appointed as the Chief Justice of the Gauhati High Court.

5. Justice Arun Bhansali (presently Judge of Rajasthan High Court) appointed as the Chief Justice of the Allahabad High Court.

6. Justice S Vaidyanathan (presently Judge of Madras High Court) appointed as the Chief Justice of the Meghalaya High

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🌟 Day 24 - Municipal Corporation, Ujjain & Anr. v. BVG India Limited and Ors. [2018] 6 SCR 861.

Related to interference of court in the Bidding and Judicial Review

#64_cases
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Solve these MCQs

🕉️🅾️ Translation English to Hindi and Hindi to English.

Note: Read only your medium language part and start translating it, thereafter check with translated version.

If you want consistency send the translation written on paper📜 below 👇

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Murder vs Culpable homicide 1 liner questions.

Application based.
https://www.delhilawacademy.com/home/study-material-llm-entrance-3/sample-llm-indian-penal-code/

Books and Authors of Ancient History.pdf

A Perfectly Valid Provision Can't be 'Read Down' Just Because It Imposes Harsher Consequences: Supreme Court
https://www.livelaw.in/supreme-court/a-perfectly-valid-provision-cant-be-read-down-just-because-it-imposes-harsher-consequences-supreme-court-248427