The Government of India is planning a revised toll policy to ease costs for frequent highway users while ensuring efficient revenue collection.
The Supreme Court criticized the National Green Tribunal for imposing a Rs. 25 crore penalty on Benzo Chem Industrial Private Limited based on revenue without evidence of environmental violations. Justices emphasized that penalty determination must align with legal principles, stressing revenue should not influence penalties and highlighting violations of natural justice in the NGT’s decision.
The Finance Ministry plans to replace the outdated Central Excise Act with a modern Central Excise Bill in an effort to streamline taxation and business processes. The new bill aims to enhance ease of doing business and eliminate obsolete provisions, with a focus on goods not covered under the Goods and Services Tax. The ministry is seeking feedback on the draft bill until June 26th.
Today(on 28th May), The Delhi High Court rejected a PIL seeking BCCI compensation for IPL security provided by Delhi Police, affirming the State’s responsibility for expense recovery. This decision underscores the judiciary’s stance on fiscal matters, emphasizing the executive’s role in financial affairs.
