Government Policy

Smartowner – Changing the Real Estate Landscape in India

Finance - There’s no secret that India is in the middle of an astonishing long-term growth phase. A key feature of this development is the steep increase in the middle class. The middle-income group in India is projected to climb up to 200 million by the year 2020, and then further escalate to 475 million by the […]...

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Time Management or Time Adjustment

Finance - Time management is a topic that has been spoken about by large number of scholars or rather by intellectuals. One must feel that this is a most discussed, explained, trained about topic in the world....

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Aadhaar Linking: What will happen if Supreme Court rules in favour of Government this time?

Finance -  “Only those who risk going too far, can possibly know how far one can go” T.S. Elliot The above quote is exactly what the Government of India is trying to achieve since the past one year. Aadhaar is being made mandatory for bank accounts, Income tax returns, mobile numbers etc. Various authorities such as banks, post offices, in...

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The Real Travel Experience In Bangkok

Finance - Serving as a gateway to many other parts of Thailand, Bangkok is a fascinating city. Meeting every expectation you would have from the capital of Thailand, Bangkok tourism is an amalgamation of spirituality and thrilling nightlife. Thailand is noisy, crowded, colorful, exciting, and delightful and yet it manages to maintain a high-end amb...

Read More

Financial Impact of Auxiliary power in Thermal Power plant

Finance - Thermal power plants have played a vital role in improving the power and economic position in India. In every economy, power is a critical input for its development . Quality of life is measured by per capita power consumption, in developed countries per capita consumption of power is Higher than developing countries ,hence it is said tha...

Read More

India’s container capacity at 12 ports is less than 1/4th of single Chinese port of Shanghai

Finance - Indias total containerized cargo capacity of 8.75 million TEUs (twenty-foot equivalent units) at all its 12 major ports, a key indicator of a country’s integration with global supply chain for value-added manufactured goods...

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Guidelines for grant of rewards to officers, informers & other persons, 2017

Finance - The Government of India has issued new reward guidelines called The guidelines for grant of rewards to be paid to the officers, informers and other persons, 2017 on October 10, 2017 to regulate the grant and payment of reward to informers and government officers....

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Telecom Sector demands Tax free Bond and Lower GST Rate- Budget 2018

Finance - Tax free Bond for Telecom; Lowering GST on Telecom services to 12 per cent instead of 18 per cent; BCD on all non ITA-1 products; Depreciation benefits for Make in India; Promote components hub; Keep Electronics Sector out of RCEP and increase import duty on Mobile handsets....

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FRDI Bill do not modify present protections given to depositors

Finance - Certain misgivings have been expressed in the media regarding bail-in provisions of the FRDI Bill. The provisions contained in the FRDI Bill, as introduced in the Parliament, do not modify present protections to the depositors adversely at all. They provide rather additional protections to the depositors in a more transparent manner....

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No Proposal Under Consideration to Withdraw Bank Chequebook Facility

Finance - In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal under consideration of the Government to withdraw bank cheque book facility. In […]...

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Text of ICJ Judgment in the case of Kulbhushan Jadhav

Jadhav Case - India V. Pakistan (International Court Of Justice) - In the present case, the Applicant claims that Mr. Jadhav, who is an Indian national, was arrested, detained, tried and sentenced to death by Pakistan and that, despite several attempts, India was given no access to him and no possibility to communicate with him....

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Charging Vat on discounted MRP is unfair Trade Practice: NCDRC

M/s. Aero Club (Woodland) Vs Rakesh Sharma (NCDRC) - Once it has come on record that the MRP of the product includes all taxes, it was not open for the trader to impose VAT again on the discounted price....

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Notifications should not allowed to be missile attacks on budding industries

Shree Cement Ltd. Vs State of Rajasthan (Rajasthan High Court) - Another caveat on legislative practices, particularly subordinate legislation and executive policy decisions and the decision making process, which is amenable to judicial review by courts is that, it is high time that subordinate legislations in the form of notifications issued by Executive should ...

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Notification seeking to grant a concession enabling schools to re- employ teachers cannot be treated as conferring any rights on the teachers to continue in employment till the age of 62 years

Shashi Kohli (Deceased Through Legal Represntatives Vs Directors of Education & ANR (Delhi High Court) - As per the judgment of the Division Bench of this Court in Kathuria Public School vs. Director of Education 123 (2005) DLT 89 and which had not been interfered with in judgment dated 27th August, 2010 in Ref. 1/2010 titled Delhi School Tribunal v. GNCTD, also, unnecessary interference with the mana...

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Mandatory death penalty unconstitutional – Supreme Court

State of Punjab Vs Dalbir Singh (Supreme Court of India) - The Supreme Court has ruled that mandatory death penalty for an offender under the Arms Act was unconstitutional as it violated fundamental rights guaranteed to a citizen.A bench of Justices Asok Kumar Ganguly (since retd) and J S Khehar said Section 27(3) of the Arms Act, which imposed mandatory de...

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Govt appoints Second National Judicial Pay Commission

No. 19018/1/2017-Jus. - (16/11/2017) - In pursuance of the above direction of Supreme Court of India, it has been decided to appoint a fresh National Judicial Pay Commission, to be known as Second National Judicial Pay Commission, comprising the following:—...

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Right of Children to Free and Compulsory Education (Amendment) Act, 2017

Notification No. 24 Of 2017 - (10/08/2017) - (1) This Act may be called the Right of Children to Free and Compulsory Education (Amendment) Act, 2017. (2) It shall be deemed to have come into force on the 1st day of April, 2015....

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Cabinet clears Bill to deal with crisis in banks, insurers

Press Release No. PIB Release/DL/981 - (14/06/2017) - The Financial Resolution and Deposit Insurance, Bill 2017 when enacted, will pave the way for setting up of the Resolution Corporation. It would lead to repeal or amendment of resolution-related provisions in sectoral Acts as listed in Schedules of the Bill....

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Govt. revises retirement age for Presiding officers of SAT

Notification No. S.O. 1702(E) - (29/05/2017) - No person is qualified to be appointed as the Presiding Officer- (a) of the Securities Appellate Tribunal established under the Securities Exchange Board of India Act, 1992 (15 of 1992), unless he is, or has been, a judge of Supreme Court or Chief Justice of High Court or a Judge of High Court for a...

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Grant of Registration under DVAT & CST

Circular No. 7 of 2017- 18 - (26/05/2017) - In case of any deficiency in the requisite documents, submitted by the applicant dealer, the Assessing Authority shall provide an opportunity to the dealer for removal of deficiency thereof....

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Recent Posts in "Government Policy"

Smartowner – Changing the Real Estate Landscape in India

There’s no secret that India is in the middle of an astonishing long-term growth phase. A key feature of this development is the steep increase in the middle class. The middle-income group in India is projected to climb up to 200 million by the year 2020, and then further escalate to 475 million by the […]...

Read More
Posted Under: Corporate Law |

India’s container capacity at 12 ports is less than 1/4th of single Chinese port of Shanghai

Indias total containerized cargo capacity of 8.75 million TEUs (twenty-foot equivalent units) at all its 12 major ports, a key indicator of a country’s integration with global supply chain for value-added manufactured goods...

Read More
Posted Under: Corporate Law |

Guidelines for grant of rewards to officers, informers & other persons, 2017

The Government of India has issued new reward guidelines called The guidelines for grant of rewards to be paid to the officers, informers and other persons, 2017 on October 10, 2017 to regulate the grant and payment of reward to informers and government officers....

Read More
Posted Under: Corporate Law |

Time Management or Time Adjustment

Time management is a topic that has been spoken about by large number of scholars or rather by intellectuals. One must feel that this is a most discussed, explained, trained about topic in the world....

Read More
Posted Under: Corporate Law |

Telecom Sector demands Tax free Bond and Lower GST Rate- Budget 2018

Tax free Bond for Telecom; Lowering GST on Telecom services to 12 per cent instead of 18 per cent; BCD on all non ITA-1 products; Depreciation benefits for Make in India; Promote components hub; Keep Electronics Sector out of RCEP and increase import duty on Mobile handsets....

Read More
Posted Under: Corporate Law |

Aadhaar Linking: What will happen if Supreme Court rules in favour of Government this time?

 “Only those who risk going too far, can possibly know how far one can go” T.S. Elliot The above quote is exactly what the Government of India is trying to achieve since the past one year. Aadhaar is being made mandatory for bank accounts, Income tax returns, mobile numbers etc. Various authorities such as banks, post offices, in...

Read More
Posted Under: Corporate Law |

The Real Travel Experience In Bangkok

Serving as a gateway to many other parts of Thailand, Bangkok is a fascinating city. Meeting every expectation you would have from the capital of Thailand, Bangkok tourism is an amalgamation of spirituality and thrilling nightlife. Thailand is noisy, crowded, colorful, exciting, and delightful and yet it manages to maintain a high-end amb...

Read More
Posted Under: Corporate Law |

FRDI Bill do not modify present protections given to depositors

Certain misgivings have been expressed in the media regarding bail-in provisions of the FRDI Bill. The provisions contained in the FRDI Bill, as introduced in the Parliament, do not modify present protections to the depositors adversely at all. They provide rather additional protections to the depositors in a more transparent manner....

Read More
Posted Under: Corporate Law |

Financial Impact of Auxiliary power in Thermal Power plant

Thermal power plants have played a vital role in improving the power and economic position in India. In every economy, power is a critical input for its development . Quality of life is measured by per capita power consumption, in developed countries per capita consumption of power is Higher than developing countries ,hence it is said tha...

Read More
Posted Under: Corporate Law |

No Proposal Under Consideration to Withdraw Bank Chequebook Facility

In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal under consideration of the Government to withdraw bank cheque book facility. In […]...

Read More
Posted Under: Corporate Law |
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