Finology Blog - Latest Updates & News on Current Affairs and Laws in India

Recent Updates

Top 10 Legal Current Affairs: September 2024

If you are prepping for legal exams or any other exams with law as a subject, then staying updated with current legal events and landmark-recent judgements can give you a real advantage.

Legal

What are Contracts Of Indemnity and Guarantee?

Contracts of indemnity and guarantee are special agreements covered by the Indian Contract Act of 1872. In a contract of indemnity, one person promises to compensate another for losses. In a contract of guarantee, three people are involved: a third person steps in to pay the debt if the debtor fails. Both types of contracts help protect creditors when a third party does not fulfil its obligations. Chapter VIII of the Act provides the rules for these contracts in India.

Recent Updates

Watching Child Pornography is Crime u/ POCSO: Supreme Court Ruled

India is one of the youngest nations in the world, with a large population of children. That is why ensuring children's safety is a top priority. But sadly, many of them are exposed to most horrific crimes like sexual abuse.

Legal

What is Amendment to the Constitution? Full list of Amendments

Do you know why the Indian Constitution is called a living document? Because the Constitution can be amended and changed to meet the needs of society. Keep in mind that the Constitution is not static and is not the final word on everything. It's a dynamic document that evolves over time to suit the needs of society and bring about transformation

Legal

What is Suo Motu Cognizance?

Between 1991-2024, the Supreme Court took suo motu cognizance of more than 65 cases. Over the years, the Supreme Court has exercised this authority in many landmark cases, taking action on urgent matters related to public interest, social justice, and fundamental rights, for ex- Kolkata hospital rape case, death of children in Mid-Day Meal Scheme, situations of migrant workers during the COVID-19, etc.

Legal

5 LLM Alternatives for Law Graduates in India

As you think about your next step after your LL.B, it's easy to assume an LL.M is the only way forward. But have you ever wondered, "What do I really want from my postgraduate journey?" While a Master in Law (LL.M) is a popular choice, especially for those pursuing academic or research careers, there are many other paths worth exploring. There are a variety of alternative postgraduate options that cater to different interests and career goals, offering specialized knowledge and skills that can set you apart in the legal field. From diplomas and certifications in niche areas of law to interdisciplinary courses in public policy, international relations, business, or technology, these alternatives can provide you with targeted expertise and open doors to diverse opportunities beyond the traditional LL.M route.

Legal

Substantive Law vs. Procedural Law | Types, Case Laws

Imagine you are about to go on a road trip. Before you even hit the road, you need two things: a map and a set of driving rules. The map shows you where to go, and the rules tell you how to get there safely. Think of substantive law as your map—it tells you the ‘what’ and ‘why’ of the law, like what actions are considered crimes or what rights you have in a contract. On the other hand, procedural law is like those driving rules—it guides you on the ‘how,’ laying out the steps to enforce those rights or handle disputes.

Legal

Top Non-CLAT LLM Programs in India

While the Common Law Admission Test (CLAT) is widely recognized as a gateway to premier law schools in India, many reputed institutions offer specialized LLM programs that do not require CLAT scores. These programs are crafted to offer unique specializations, catering to the growing demand for niche legal expertise. Here are some top non-CLAT LLM programs that you should consider:

Legal

Should the Caste Census be DONE in India?

How does the government decide its schemes and plans? Well, a lot of it depends on the Census. Through the census, we get to know the country's population, how educated people are, and which economic groups they belong to. The last Census was conducted in 2011, and since then, we have been working with that data. Now, there is talk about conducting a Caste Census.

Legal

How to Prepare for CLAT PG 2025 in 3 Months

Is it really possible to crack CLAT PG 2025 in just 3 Months? It might sound tough, but with the right plan, it's definitely doable. The key is to focus on building a strong foundation, staying consistent with your studies, and dedicating time to practice & revision. If you are ready to start a smart study routine and make the most of your time, then keep reading this blog—it's designed to guide you with practical tips and strategies to excel CLAT LLM 2025 exam in just 3 months.

Legal

Do Doctors need Central Protection Law?

Doctors are seen as saviours, but who is saving them? In 2023, a study by the Indian Medical Association, Kerala, on 2400 doctors revealed that 66% of doctors experienced violence, and 90% faced verbal abuse.

Legal

Supreme Court Hearing on Kolkata Rape-Murder Case

"If women cannot go to a place of work and be safe, then we are denying them the basic conditions of equality."- This was said by CJI while hearing a matter of the rape and murder of a woman resident doctor found in the state-run R.G. Kar Hospital's seminar room, Kolkata on 9 August 2024.

Recent Updates

Supreme Court Allows Sub-Categorisation in SC Reservation

When India became independent in 1947, Constitutional makers set up a new democracy and included the right to equality for everyone. With this, they also allowed some exceptions to help groups that had been treated unfairly in the past. This led to reservations in education and jobs to help such groups of people catch up with others and be represented in society and government.

Legal

Legal Separation and Divorce under Hindu Marriage Act

In Family Law, understanding the differences between legal separation and divorce is important. Couples often reach an uncertain path where they must choose between these two terms. While it may seem similar, they have distinct legal meanings.

Legal

Unlawful Agreement vs. Illegal Agreement

“Every illegal agreement is unlawful, but not every unlawful agreement is illegal."

Legal

ROI on Taxes: A Comparative Perspective with India

Taxation is a key tool for any government's economic strategy, funding critical infrastructure, social services, and public goods. The effectiveness of a tax system can be evaluated by looking at the return on investment (ROI) on taxes, which measures the benefits received by taxpayers in relation to the taxes they pay. We will discuss the ROI on taxes in India, particularly in light of the recent 2024 budget presented by Finance Minister Nirmala Sitharaman, and compare it with other countries.

Recent Updates

Who Has Power to Impose Tax on Mining Activities: Centre or State?

The battle between the Centre and the States over who controls what has been ongoing for years. This tug-of-war is not just about who makes the rules on things like industrial liquor or administration; it also extends to the question of who gets to impose taxes.

Legal

Recent Developments and Legal Perspectives on Euthanasia in India

Does a person who is very sick and not going to get better have the right to ask for their treatment to be stopped or for a drug to end their suffering? Can the family of someone who has been in a coma for a long time, with no chance of getting better, ask for their life-support machines to be turned off?

Legal

Key highlights of India's Union Budget 2024

Today, Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Parliament. This is a big moment as it’s her 7th budget in a row, breaking Morarji Desai's record of six consecutive budgets.

Legal

How is the Union Budget Prepared: An Inside Look

Have you ever wondered what goes on behind the scenes of India's Union Budget? This annual financial statement isn't just about numbers; it's an interesting blend of strategy, secrecy, and careful planning. From the early morning meetings to the final touches on the budget speech, the creation of the Union Budget is a story of intense preparation and collaboration. Let's dive into the process that shapes the financial future of the world's largest democracy!

Legal

How is the Budget Passed in Parliament?

The Annual Budget is a big event in India because it decides how the government will spend and collect money for the year. An exciting moment in India's Budget history happened in 1991-92. Two Finance Ministers from different political parties took turns presenting the Budget.

Older Articles

Top 10 Legal Current Affairs: September 2024

What are Contracts Of Indemnity and Guarantee?

Watching Child Pornography is Crime u/ POCSO: Supreme Court Ruled

What is Amendment to the Constitution? Full list of Amendments

What is Suo Motu Cognizance?

5 LLM Alternatives for Law Graduates in India

Substantive Law vs. Procedural Law | Types, Case Laws

Top Non-CLAT LLM Programs in India

Should the Caste Census be DONE in India?

How to Prepare for CLAT PG 2025 in 3 Months

Do Doctors need Central Protection Law?

Supreme Court Hearing on Kolkata Rape-Murder Case

Supreme Court Allows Sub-Categorisation in SC Reservation

Legal Separation and Divorce under Hindu Marriage Act

Unlawful Agreement vs. Illegal Agreement

ROI on Taxes: A Comparative Perspective with India

Who Has Power to Impose Tax on Mining Activities: Centre or State?

Recent Developments and Legal Perspectives on Euthanasia in India

Key highlights of India's Union Budget 2024

How is the Union Budget Prepared: An Inside Look

How is the Budget Passed in Parliament?

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