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India to accord top priority to national interest in FTA negotiations

  10 Oct 2022   0 comment
India to accord top priority to national interest in FTA negotiations; Government will not diverge from this approach for the sake of deadlines: Shri Piyush Goyal Commerce Minister reviews India’s Export Performance in the first six months of this financial year with key representatives from Export Promotion Councils and industry The Un...
Posted Under: Corporate Law |

Letter complaining against Justice D. Y. Chandrachud is malicious: BCI

  09 Oct 2022   0 comment
Bar Council of India has thoroughly examined contents of 165- pages long letter against Justice D. Y. Chandrachud and it finds that it is nothing but a scurrilous and malicious attempt to interfere with functioning of Judiciary and administration of Justice....
Posted Under: Corporate Law |

Gadkari emphasizes importance of E-vehicles in transforming Automobile industry

  02 Oct 2022   0 comment
Shri Nitin Gadkari emphasizes importance of E-vehicles in transforming Automobile industry Union Minister for Road Transport and Highways Shri Nitin Gadkari said that automobile industry is being engaged  to make more e vehicles. Launching the first Made in India Mercedes-Benz Luxury Electric Car (580 4Matic) at the company’s Chakan pl...
Posted Under: Corporate Law |

DoT unearths fraudulent illegal Telecom set-ups to route ISD calls

  02 Oct 2022   0 comment
Fraudsters use illegal telecom set-ups to route ISD calls received through internet (VoIP) illegally to domestic mobile and wireline customers in India. Illegal telecom setups primarily use internet connectivity on one side and connect to domestic mobile and landline network for distribution of call which is not allowed as per regulations...
Posted Under: Corporate Law |

23.45 crore e-KYC transactions executed via Aadhaar in August

  02 Oct 2022   0 comment
23.45 crore e-KYC transactions executed via Aadhaar in August Almost 220 crore Aadhaar authentications done in August, Aadhaar usage and adoption continues to grow UIDAI successfully executes 1.46 crore Aadhaar updation requests from residents during the month 24.2 lakh fresh Aadhaar enrolments happened in August; Aadhaar saturation near ...
Posted Under: Corporate Law |

Salient Features of EPS, 95 & steps to file EPF/EPS nomination digitally

  01 Oct 2022   0 comment
Easy steps to file EPF/EPS nomination digitally Submit EPF/EPS Nomination Digitally! Steps to submit EPF/EPS Nomination Digitally: Step 1 Visit EPFO website >> Services >> For Employees >> Click ‘Member UAN/Online Service ‘. Step 2 Login with ‘UAN and Password’. Step 3 Select ‘E-Nomination&#...
Posted Under: Corporate Law |

FEMA Authority confirmed seizure order of Rs. 5551.27 Crore against Xiaomi Technology

  01 Oct 2022   0 comment
Competent Authority appointed under FEMA has confirmed the seizure order of Rs. 5551.27 Crore dated 29.04.2022 passed by the ED against Xiaomi Technology India Private Limited under the provisions of FEMA. Press Release – 30.09.2022 The Competent Authority appointed under Section 37A of the Foreign Exchange Management Act has confi...
Posted Under: Corporate Law |

Illegal Online Forex Trading – ED freezed bank account of OctaFX & related entities

  01 Oct 2022   0 comment
ED has freezed bank account balance to the tune of Rs. 21.14 Crore, of M/s OctaFX and related entities in the case of Illegal Online Forex Trading through International Brokers namely OctaFx Trading App and website www.octafx.com under FEMA. Press Release – 29.09.2022 Directorate of Enforcement (ED) has freezed Account balance to t...
Posted Under: Corporate Law |

Misuse of App-based token named ‘HPZ’ by Chinese entities- ED freezed accounts

  01 Oct 2022   0 comment
ED has carried out search operation and freezed account balances of Rs. 9.82 Crore of various Chinese controlled entities in respect of an investigation relating to the misuse of App-based token named ‘HPZ’ and other similar applications by several entities. Total freezing in this case now stands at Rs. 56.49 Crore. Press Rele...
Posted Under: Corporate Law |

ED freezed crypto currencies under PMLA of Aamir Khan and others

  01 Oct 2022   0 comment
ED has freezed the crypto currencies [WRX (utility token of WazirX) and USDT (Tether, an Ethereum token that is pegged to the value of a U.S. dollar)] equivalent to Rs 47.64 Lakhs under PMLA, 2002, in respect to an investigation being conducted against one Aamir Khan and others relating to the Mobile Gaming Application, namely E-nuggets....
Posted Under: Corporate Law |

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