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Mohanlal’s ‘Barroz’ Faces Trouble: German Writer Accuses of Copyright Violation

Mohanlal’s highly anticipated directorial debut, Barroz – The Guardian of D’Gama’s Treasure, is encountering unexpected legal challenges. George Thundiparambil, a German-based Malayali writer, has issued a legal notice to the film’s creators, including Mohanlal, alleging copyright Violation. This issue could potentially impact the film’s planned release on September 12.

According to India Today, the legal notice forcopyright Violation has been directed to Mohanlal, Jijo Punnoose, TK Rajeev Kumar, and producer Antony Perumbavoor, demanding that the copyright disputes be settled before the film’s release. The filmmakers have not yet responded to the allegations.

Barroz aims to delve into the legend of Kappiri Muthappan, a ghost believed to guard hidden treasures at Kochi Fort. The film is inspired by a book written by Jijo Punnoose. However, Thundiparambil’s legal action questions the originality of the storyline.

Thundiparambil’s notice asserts that his 2008 novel, Maya, bears significant similarities to the plot of Barroz. Both stories explore the Kappiri Muthappan myth, but Thundiparambil claims that his novel’s unique elements, particularly involving an eighteen-year-old girl who can see and interact with the ghost, are original and protected under copyright.

The notice also mentions that Thundiparambil’s friend had proposed adapting Maya into a film to writer TK Rajeev Kumar in 2016. The friend was told Rajeev Kumar would discuss it with Jijo Punnoose, but Thundiparambil alleges that no progress was communicated to him. Although Barroz is officially based on Jijo Punnoose’s book, Punnoose had previously announced his disassociation from the project in 2022.

Thundiparambil’s notice highlights that while the Kappiri Muthappan myth itself cannot be copyrighted, his specific portrayal of it in Maya is unique. He notes that he has been unable to find Punnoose’s book in circulation and that the chapters on the production group’s website resemble his narrative, especially in the character interactions involving the girl who sees the ghost.

In the meantime, a special trailer for Mohanlal’s Barroz is scheduled to be released on September 6 during an event in Abu Dhabi.

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Supreme Court to Hear Key Case on NEET-PG 2024 Today

The NEET-PG 2024 examination, organised by the National Board of Examinations in Medical Sciences (NBEMS) and its technical partner TCS, is scheduled for 11 August . The admit cards for this rescheduled exam were released on Thursday. However, a plea seeking the postponement of the exam due to difficulties with exam centre locations will be heard by the Supreme Court on Friday. The plea argues that the assigned centres are in cities that are challenging for candidates to access and calls for the normalisation of scores.

A bench comprising Chief Justice of India DY Chandrachud, Justice JB Pardiwala, and Justice Manoj Misra has agreed to hear the plea filed by lawyer Anas Tanwir. The NEET-PG 2024 will be conducted for 2,28,542 candidates across 416 centres in 170 cities nationwide in two shifts. Despite the release of admit cards, the exam has faced several controversies, including a cancellation on June 22, just a day before the originally scheduled date, and ongoing disputes about exam centres and score normalisation.

Congress MP Shashi Tharoor has urged Union Health Minister J P Nadda to approve additional exam centres in every state to prevent students from travelling long distances and to ensure accessible and affordable accommodation. Similarly, Congress General Secretary K C Venugopal has criticised the ‘impractical changes’ in the exam centres, particularly for candidates from Kerala.

NBEMS President Dr. Abhijat Sheth explained that private entrepreneur institutes have been excluded from the NEET-PG 2024 exam centres to enhance monitoring and minimise malpractice. TCS has audited and removed high-risk centres. The majority of students have been allotted centres within their home states, with some in nearby states due to limited availability. The decision to conduct the exam in two shifts aims to reduce travel distances and ensure fair assessment through score normalisation, a common practice in Indian exams.

Wayanad Landslide: TN Hosts Fundraising Feast for Victims

In Tamil Nadu’s Dindigul, a traditional ‘moi virundhu’ crowdfunding feast was held to support the victims of the Wayanad Landslide. This event was organised in response to the tragic landslides that have claimed over 400 lives and caused widespread destruction. The ‘moi virunthu’ is a time-honored practice where people come together for a communal meal and are encouraged to make voluntary donations to various causes. This approach not only fosters community spirit but also allows for contributions of any size, ensuring that everyone can participate regardless of their financial situation.

During the event, participants enjoyed a communal meal served on banana leaves, which is a traditional way of presenting food in South India. After eating, attendees had the option to donate money either by placing it in a designated cash box or by leaving it under their banana leaf. This method of donation is both discrete and inclusive, allowing individuals to contribute according to their means without feeling pressured. The collected funds were intended to aid the survivors of the Wayanad landslides and assist in their rehabilitation.

Rasathi, one of the event participants, explained that the ‘moi virunthu’ was organised by local villagers to provide financial assistance to families severely affected by the landslides. She noted that the event’s design ensures that no one feels compelled to contribute and that donations are made anonymously, which helps to respect the privacy of the donors. This approach underscores the communal and supportive nature of the event, where the primary goal is to come together to help those in need.

Another participant, Nazriya, shared that she and her seven-year-old son donated ₹700 to the cause. Their contribution, while modest, was part of a larger collective effort that saw widespread involvement from the community. Mujib, who managed the event, was deeply touched by the high level of participation. He noted that while it would have been possible to collect funds and hand them over directly to the Chief Minister, they chose to use the traditional method to include even those who could only afford to give small amounts. This decision was driven by a desire to ensure that every contribution, no matter how small, was valued and recognised.

A significant amount of money was collected, including a cheque for ₹10,000, which was found under one of the banana leaves after the meal. This highlights the generosity and solidarity of the community in the face of a severe crisis. The landslides in Wayanad, triggered by heavy rainfall on July 30, have resulted in extensive devastation. Homes were flattened, and many people were trapped under the debris, leading to a significant loss of life and property. Rescue operations are ongoing, with numerous personnel working tirelessly to search for survivors and provide assistance to those in need.

In light of the Wayanad Landslide, Prime Minister Narendra Modi is scheduled to visit on August 10. This visit comes in response to calls from opposition leaders, including Rahul Gandhi, for the landslides to be declared a national disaster. Such a declaration would facilitate the release of additional funds and resources for relief and rehabilitation efforts, providing much-needed support to the affected communities.

No Change in Loan EMIs as RBI Holds Repo Rate Steady at 6.5%

Home and car loan borrowers can breathe easy, as the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%. This move is unlikely to affect existing loan EMIs, as the monetary policy committee (MPC) has maintained the current rate for the ninth consecutive time.

RBI Governor Shaktikanta Das announced, ‘The monetary policy committee decided by a 4:2 majority to keep the policy repo rate unchanged at 6.5%. Consequently, the standing deposit facility (SDF) rate remains at 6.25%, and the marginal standing facility (MSF) rate and the bank rate at 6.75%.’

The decision underscores the MPC’s ongoing strategy of ‘withdrawal of accommodation,’ aimed at steering inflation toward its target. Four out of six committee members supported this stance, reflecting a strong consensus on the need to focus on inflation control.

The current MPC, which has maintained the repo rate at 6.5% since February 2023, is poised for a major overhaul. The terms of the three external members—Shashanka Bhide, Ashima Goyal, and Jayanth R Varma—expire on October 6, with no renewal options. This shake-up will see the appointment of new external members later this year.

The remaining MPC members include RBI Governor Shaktikanta Das, whose term concludes in early December, Deputy Governor Michael Patra, whose contract extends to early January, and Executive Director Rajiv Ranjan.

As the central bank continues to balance inflation targets with economic growth, all eyes will be on the upcoming changes within the MPC.

Infosys Faces Standoff with Indian Government Over ₹32,000-Crore Tax Demand

Infosys, India’s second-largest IT services firm, is grappling with a hefty ₹32,000-crore ($4 billion) tax demand from the Indian government. Despite the company’s efforts to negotiate, the authorities remain unmoved, insisting on full compliance with the Goods and Services Tax (GST) regulations.

A government source, speaking anonymously, confirmed that no leniency would be offered on the demand issued last month. Infosys is expected to respond within ten days after requesting an extension from the tax officials. This massive tax claim pertains to services from its overseas branches spanning July 2017 to the 2021-22 fiscal year—about 85% of the company’s revenue for the quarter ending June 30.

On August 3, Infosys updated stock exchanges, announcing that the ₹38.98 billion demand for the 2017-18 fiscal year had been resolved. The company asserts it has fulfilled all tax obligations and adheres to both central and state regulations.

Compounding its troubles, Infosys was fined CAD 134,822.38 (₹82 lakh) by the Canadian government in May 2024 for underpayment of the Employee Health Tax for the fiscal year ending December 31, 2020. The penalty was disclosed in a regulatory filing received from Canada’s Finance Ministry on May 9.

Market reactions have been notable. D.D. Sharma, vice-president at Anand Rathi Securities, remarked, ‘Infosys results just met market expectations, and with guidance already factored in, the stock is seeing profit booking. It had also surged significantly in previous sessions,’ as reported by Reuters.

The broader IT sector is also feeling the impact, with major players like Tata Consultancy Services and Satyam Computer Services witnessing significant declines in their stock prices.

Godrej Consumer Products Ventures into Pet Care with ₹500 Crore Investment

Godrej Consumer Products (GCPL) is making a bold move into the burgeoning pet care sector in India. The company has announced the launch of Godrej Pet Care, aiming to capture a slice of the ₹5,000 crore market, which promises robust double-digit growth over the coming decades.

GCPL will invest ₹500 crore over the next five years into its pet care division, with Godrej Agrovet partnering for manufacturing and R&D. The company plans to kick off its operations in the second half of FY26.

Sudhir Sitapati, Managing Director and CEO of GCPL, highlighted the potential, saying, ‘Only about 10% of Indians own pets, and just 10% of those feed them packaged food, with only 40% of that being consistent. In contrast, China, similar to India 15 years ago, has 20% pet ownership and a 25% calorie conversion rate.’

He further noted, ‘The opportunity is evident, and we believe our competitive edge is strong. Our group company, GAVL, leads the market in animal feed and possesses significant expertise in pet food R&D and supply chain management.’

Sitapati concluded, ‘We will invest the full ₹500 crore in Godrej Pet Care over the next five years. We expect GPC to turn cash flow positive post this investment, with manufacturing slated to start in the latter half of next year.’

Sitharaman Hits Back at Opposition’s GST Claims on Health Insurance

Union Finance Minister Nirmala Sitharaman has firmly rejected opposition demands to remove GST from health insurance premiums, calling their protests misplaced and misleading.

In a sharp rebuttal on Wednesday, Sitharaman addressed the controversy surrounding GST on life and medical insurance. She pointed out that a pre-existing tax on medical insurance predates GST, which was introduced to consolidate and streamline taxes.

Referring to a letter from Union Minister Nitin Gadkari, Sitharaman said, ‘The letter was made public by others, prompting a protest by 200 MPs demanding the removal of GST. However, this issue is not new; the tax on medical insurance existed before GST and was present in all states.’

Sitharaman also challenged recent claims that the Centre has amassed ₹24,529 crores from health insurance premiums, calling it ‘incorrect and highly misleading.’ She explained that the 18% GST on health insurance is split equally between Central GST (CGST) and State GST (SGST). ‘Of the ₹24,529 crores collected over the last three years, half went directly to the states as SGST. Additionally, around 41% of the Centre’s share is redistributed to states through tax devolution,’ she added.

The Finance Minister emphasised that the GST Council, a constitutional body, is the appropriate forum for addressing GST-related issues and confirmed that the proposed amendment to remove GST cannot be introduced in Parliament.

Opposition MPs, led by members of the INDIA bloc, staged a protest at the Parliament building on Tuesday, demanding the government withdraw the 18% GST on health and life insurance premiums. They also highlighted Gadkari’s request for the removal of this tax. Following the rejection of an amendment to remove the GST during the Finance Bill’s passage, opposition MPs walked out of the Lok Sabha in protest.

NCLT Denies Merger Approval Over Tax Evasion and Money Laundering Concerns

The National Company Law Tribunal (NCLT) has blocked the proposed merger of three companies, citing serious concerns about tax evasion and money laundering. The tribunal deemed that the merger was designed to legitimise dubious transactions, evade taxes, and facilitate money laundering.

In a detailed ruling, members Harnam Singh Thakur and Subrata Kumar Dash criticised the merger, stating it aimed to validate questionable transactions and artificially inflate the transferee company’s share value to avoid tax payments. They described the merger as a vehicle for money laundering.

The Income Tax Department had raised alarms, revealing significant tax demands pending against the transferee company and noting its case had been reopened under Section 147 of the Income Tax Act. The department labelled the transferee company as a ‘conduit paper company.’

The tribunal’s review of the applicant companies’ financial transactions supported the tax department’s claims, suggesting that the entries were merely accommodation entries among companies controlled by a single individual.

The NCLT concluded that the merger failed to meet its claimed objectives of synergy and cost reduction, declaring it ‘unfair, unreasonable, and not in the public interest.’ As a result, the tribunal has rejected the proposed scheme.

Singapore and Hong Kong Have Not Banned Indian Spices; Only Specific Batches

Indian spices have not been banned by countries such as Singapore and Hong Kong, the Rajya Sabha was informed on Tuesday. In a written response, Anupriya Patel, Union Minister of State for Health and Family Welfare, explained that specific batches of Indian spices were recalled by the Food Safety Authorities in Hong Kong and Singapore due to ethylene oxide (EtO) levels exceeding permissible limits. As part of its import surveillance, the Singapore Food Agency placed these spice consignments under a hold-and-test regime for one month.

Regarding government measures to ensure the safety and quality of Indian packaged foods for export and domestic sale, Patel noted that the Spices Board under the Ministry of Commerce has implemented several measures. These include mandatory pre-shipment testing for spices destined for these regions and the issuance of comprehensive guidelines for exporters to prevent EtO contamination at all stages—procurement, processing, packing, storage, and transportation—to comply with the varying EtO limits of importing countries.

Patel also highlighted the Food Safety and Standards Authority of India (FSSAI)’s commitment to ensuring safe food products for consumers nationwide. The FSSAI conducts regular surveillance, monitoring, inspection, and random sampling of various food products, including dairy items, spices, and fortified rice, to ensure compliance with quality and safety standards under the Food Safety and Standards (FSS) Act, 2006. Non-compliance results in penal action against defaulting food business operators.

Additionally, the FSSAI has conducted nationwide surveillance on milk and milk products in 2011, 2016, 2018, 2020, 2022, and 2023, and has instructed states to use Food Safety on Wheels for rapid testing of milk and milk products. Surveillance on spices was also conducted across India in 2022.

The measures implemented by the Spices Board and the FSSAI underscore a robust commitment to maintaining the quality and safety of Indian food products. For businesses and exporters dealing with food safety regulations and compliance issues, Vakilsearch Legal Services offers essential support and expertise. Whether you are navigating international trade regulations or ensuring adherence to safety standards, Vakilsearch provides the legal guidance needed to address these challenges and protect your interests in the global market.

GST on Health and Life Insurance Has Generated ₹21,000 Crore in last Three Years

 In response to increasing calls for a reduction or elimination of GST on health and life insurance, the government informed Parliament on Monday that this levy generated ₹21,256 crore over the past three financial years, with ₹8,263 crore collected in 2023-24 alone.

Junior Finance Minister Pankaj Chaudhary, addressing a parliamentary query, noted that an additional ₹3,274 crore was collected from GST on reissued health policies over the same period. The GST Council had set an 18% rate when the new tax regime started in July 2017, with the Centre collecting 9% and states collecting the other 9%. Of the Centre’s share, 41% is distributed to the states according to the devolution formula.

In response to inquiries about industry requests for a reduction or removal of service tax, Chaudhary stated that there have been representations seeking exemptions or lower GST rates on life and health insurance. GST rates and exemptions are determined by the GST Council, which includes representatives from both the Centre and the States/UTs.

The minister also mentioned that certain insurance schemes, such as Rashtriya Swasthya Bima Yojana, Universal Health Insurance Scheme, Jan Arogya Bima Policy, and Niramaya Health Insurance Scheme, are exempt from GST.

Following Nitin Gadkari’s suggestion to eliminate GST on health and life insurance products, there has been increasing support for this cause, with West Bengal leaders joining the call for its removal. TMC MP Derek O’Brien specifically requested a reduction in the GST rate, arguing that the current 18% levy is burdensome, particularly for the middle class.

For those navigating the complexities of GST and taxation or seeking legal advice on related matters, Vakilsearch Legal Services provides expert guidance and support. Whether you are a business or an individual affected by tax policies, Vakilsearch can help you manage and resolve these issues effectively, ensuring that your interests are protected in the evolving regulatory landscape.