‘Make in India’ was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. The development of a robust manufacturing sector continues to be a key priority of the Indian Government.
Ministry of Commerce & Industry Steps to Boost The Growth of Industries Posted On: 21 SEP 2020 5:05PM by PIB Delhi Promotion of industries is a continuous and ongoing effort of the Government. Government has taken a number of steps, in addition to the ongoing schemes, to boost the growth of industries. The measures taken […]
FDI policy is an enabling policy which is uniformly applicable in the country across all scales of industries including small and medium enterprises.
The draft guidelines, for COVID – 19 were released by the Central Drugs Standard Control Organization (CDSCO), Government of India. on September 21, 2020., which is reproduced from their web site as follows: https://cdsco.gov.in/opencms/opencms/system/modules/CDSCO.WEB/elements/download_file_division.jsp?num_id=NjUwMA== A 40-page document with 73 subsections, it declares that it will provide guidance to the vaccine developers to ensure that- –vaccines […]
(1) These rules may be called the Oil Industry (Development) Amendment Rules, 2020. (2) They shall come into force from the date of their publication in the Official Gazette.
The Institute of Teaching and Research in Ayurveda Act, 2020 is An Act to provide for the establishment of an Institute of Teaching and Research in Ayurveda and to declare it as an Institution of national importance for the promotion of quality and excellence in education, research and training in Ayurveda and allied disciplines and for matters connected therewith or incidental thereto.
Foreign investors or Foreign companies can open a liaison office in India for promoting and facilitating the parent company business activities and can act as best communication channel between the foreign parent company and Indian company.
Assessments under Income Tax Act 1961 are made U/S 143, 144, 147, 153. The criteria’s for selection of cases for scrutiny has been increased. While making the assessment the assessing officer has to appreciate all the facts properly. If there is any misinterpretation of facts it may result in injustice to the assessee. Some times when there is confusion regarding interpretation of facts as appearing in a particular case or confusion regarding any law point the assessing officer tends to consult their senior officials like Additional Commissioners or else.
The Central Bureau of Investigation has registered a case against the then Commissioner of Customs, Marmagoa, Goa on the allegations of possessing Disproportionate Assets to the tune of Rs.1,39,34,906/- (approx).
Certain amendments have been made in the MEIS schedule Table 2 of Appendix 313 to harmonize it with the Notification no. 38 dated 01.01.2020 and the changes in the Finance (No. 2/ Act. 2019. Fifth Schedule as notified by CHIC.
