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Shinde Government to continue in Maharashtra (Read SC Judgment)

May 12, 2023 1725 Views 0 comment Print

Subhash Desai Vs Principal Secretary, Governor of Maharashtra & Ors. (Supreme Court of India) The petitioners have challenged the exercise of discretion by the Governor in inviting Mr. Shinde to form the government on two grounds: first, Mr. Shinde’s appointment is barred by Article 164(1B) of the Constitution; and second, the Governor has exceeded the […]

Draft Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2023

May 11, 2023 1128 Views 0 comment Print

Ready-to–drink/ Low alcoholic beverages, shall be low alcoholic, flavored beverages having more than 0.5 to 8.0% of alcohol ABV, made from spirit or the mixture of spirit or any alcoholic beverage other than wine and beer as base by adding natural/nature identical/artificial flavors and/or food additives permitted under the FSS (FPS&FA) Regulations 2011; and/or fruit/vegetable juice with or without added sugar/salt and with or without carbonation.

Top Reasons to Choose NPS for Retirement Planning

May 11, 2023 1113 Views 0 comment Print

The best way to plan for retirement is to invest funds in schemes dedicated to retirement, such as NPS. Ensuring your retirement corpus is secure and growing steadily can help you enjoy your retirement without any financial stress.

Instructions to Prevent Fake Taxpayers and Bogus Invoicing under GST

May 10, 2023 6705 Views 0 comment Print

Instructions to ensure careful handling of registration, cancellation, and revocation of registration processes for fake taxpayers under GST system

The Role of AI in the Evolution of Financial Services

May 10, 2023 6993 Views 1 comment Print

The integration of AI in the financial sector is transforming the industry, making it more efficient, cost-effective and customer-centric. AI-powered solutions offer a range of benefits, such as improved efficiency, enhanced customer experience, data-driven decision making, and streamlined regulatory compliance.

Surrogacy Act, 2012 and ART Act, 2021 and relevant Insurance Rules thereunder

May 10, 2023 1254 Views 0 comment Print

Insurance coverage/Guarantee for oocyte donor. (i) The Intending couple or woman will purchase a general health insurance coverage in favor of oocyte donor for a period of 12 months from an insurance company or an agent recognized by the Insurance Regulatory and Development Authority established under the provisions of the Insurance Regulatory and Development Authority Act, 1999 for an amount which is sufficient enough to cover all expenses for all complications arising due to oocyte retrieval.

Gift by a Company: Valid or Void?

May 10, 2023 23658 Views 1 comment Print

The act of company gifting an immovable property is frequently interpreted as a gesture of goodwill or appreciation towards an individual or another entity. However, before engaging in such a transaction, it is critical to understand the legalities and implications.

Substantial gap between CoC meetings – IBBI Warns RP

May 10, 2023 1398 Views 0 comment Print

DC observes that there is substantial gap between CoC meetings. CIRP is a time bound process and RP appointed by CoC is responsible to conduct entire CIR proceedings in a time bound manner.

Features & achievements of PMJJBY, PMSBY and Atal Pension Yojana

May 9, 2023 1092 Views 0 comment Print

Pradhan Mantri Suraksha Bima Yojana (PMJJBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMSBY) and Atal Pension Yojana (APY) complete 8 years of providing social security cover Union Finance Minister Smt. Nirmala Sitharaman says the three Jan Suraksha schemes devoted to well-being of citizens, and safeguards human life against unforeseen risks, losses, and financial uncertainties Union […]

RV to mention nature & sources of information relied during valuation: IBBI

May 9, 2023 285 Views 0 comment Print

IBBI notes that rule 8(3)(g) mandates an RV to mention the nature and sources of information relied upon during the valuation. Further, rule 8(3)(j) mandates the RV to mention major factors that were taken into account during the valuation. Therefore, the Authority finds that the factors considered by the RV during the valuation, and as […]

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