Government Policy

International Trade Settlement in Indian Rupee (INR)

DGFT - Given the current Geo-Political and Economic Situation prevalent across the Globe, US Sanctions on use of US Dollar for Transactions with Iran & Russia and considering the continuous weakening of the Indian Rupee (INR), and to promote growth of global trade with emphasis on exports from India and to support the increasing interest of ...

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How Small Businesses Work with PEOs to Reduce their Business Costs

DGFT - What are PEO Services in India? A Professional Employer Organization (PEO) is a company that enters into a joint-employment relationship with another company by leasing employees to the company, allowing the Professional Employer Organization to share and manage many employee-related responsibilities and liabilities. Employers can outsou...

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What happens when employee leaves the organization?

DGFT - In IT sector, in these days a huge turnover of workforce has been seen. Some IT companies are removing employees or some employees are leaving the organization. IT Companies for example Twitter, facebook has fired its workforce. Also, many of its remaining employees have resigned the organization....

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Complete & abject failure of government of Rajasthan in prevention of fraudulent property transfers & registrations – Part 2

DGFT - In the first part, we saw that how the complete administration in the state of Rajasthan appears to have a vested interest in perpetuating corrupt practices & favouring the cheats. The ground reality is so pathetic that the industries minister Mr. Parsadi Lal Meena was compelled to acknowledge openly that honest Tehsildar & Patwar...

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Online Sales Business – Challenges faced in Accounting

DGFT - Looking at the quantum of sales and getting happy about it while wondering where did the money go? The most common challenge faced by all the entities is that how to record all the transactions properly to get to know the actual position of the business....

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Export duty removal on steel will strengthen steel sector

DGFT - Union Minister of Steel and Civil Aviation Shri Jyotiraditya Scindia stated that the removal of export duties on steel and stainless steel by the government will herald a new era for the nation's steel sector, and allow it to firmly establish its position in the global market....

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India Infrastructure Project Development Fund Scheme (IIPDF Scheme)

DGFT - Scheme for Financial Support for Project Development Expenses of PPP Projects – ‘IIPDF Scheme’ (India Infrastructure Project Development Fund Scheme) Notified on 03.11.2022 The Department of Economic Affairs (DEA), Ministry of Finance, Government of India, notifies Scheme for Financial Support for Project Development Expenses of PP...

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PM dedicates 75 Digital Banking Units across 75 districts to the nation

DGFT - The Prime Minister, Shri Narendra Modi dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation via video conferencing....

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India records over $1 billion of monthly exports of mobile phones in September 2022

DGFT - For the first time ever, India’s monthly exports of mobile phones surpassed the $1 billion threshold in September 2022 with y-o-y growth of more than 200%. Mobile phone exports: April 2022 – September 2022 : $ 4.2 billion April 2021 – September 2021 : $ 1.7 billion Meaning, as compared to same period last year, […]...

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Seatbelt Compulsory for Motor Vehicle Drivers & Commuters in Mumbai from 01.11.2021

DGFT - All Mumbai City motor vehicle drivers and commuters, it will be mandatory to wear seat belts while traveling from 01/11/2022....

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State cannot act arbitrarily while considering claim of citizens for grant of State largesse

Gayathri Vs Union of India (Karnataka High Court) - Ours being a Welfare State, the respondents who happen to be instrumentalities of the State under Article 12, cannot act arbitrarily or unreasonably whilst considering the claim of citizens for the grant of State largesse....

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No infringement of copyright as books of Islam religion are bound to have some similar content

Islamic Book Service (P) Ltd. Vs Sh. Abdur Rauf Najeeb Bakali (District Court) - Held that there is no infringement of copyright as some contents are bound to be similar as teaching given in the Holy Books Quran and Hadees and other religious text related to Islam religion are bound to be same in all books which are about teaching on Islam....

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4G and 5G Licenses to BSNL and MTNL

Government is implementing various schemes under Universal Service Obligation Fund (USOF) to enhance telecom connectivity in the rural and predominately tribal areas of the country including North Eastern Region (NER) and areas affected by Left Wing Extremism (LWE), Border areas, Aspirational Distri...

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Using police database for obtaining information in circumstances where use is expressly forbidden is a crime

Van Buren Vs United States (Supreme Court of The United States) - Van Buren Vs United States (Supreme Court of United States) Facts- The main issue involved is unauthorized access of computer under the Computer Fraud and Abuse Act, 86 by a police sergeant. As alleged, the police sergeant used his patrol-car computer to access a law enforcement database to retrieve...

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Illegal export of antique idol of Lord Vishnu: Court Grants Bail to accused

Superintendent of Customs Vs Udit Jain (Special Court For Economic Offences: At Bangalore) - The allegation against the accused is that he was illegally exporting the antique which is said to be the idol of Lord Vishnu. On being satisfied with the grounds urged in the remand application, the accused was sent to the judicial custody....

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Govt notifies Credit Guarantee Scheme for Startups (CGSS)

Notification No. S.O. 4741(E). - (06/10/2022) - Credit Guarantee Scheme for Startups (CGSS)is to provide guarantee upto a specified limit against credit instruments extended by Member Institutions (MIs) to finance eligible Startups. ...

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IMEI number registration must before first sale or import of mobiles phones

Notification No. G.S.R. 728(E) - (26/09/2022) - Prevention of tampering of the Mobile Device Equipment Identification Number (Amendment) Rules, 2022 mandates IMEI number registration before first sale or import of mobiles phones in India with Indian Counterfeited Device Restriction portal (https://icdr.ceir.gov.in) of the Government of India. MIN...

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Operational Guidelines for DTH Broadcasting Services in India

Order No. 8/7/2020-BP&L - (16/09/2022) - Operational guidelines in respect of ‘License Fee’, ‘Platform Services’ and ‘Sharing of Infrastructure’ for DTH services in India. In furtherance of the amended DTH Guidelines issued on 30th December, 2020; this Ministry has issued the operational guidelines for Direct To Home (DTH) ser...

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Energy Conservation (Amendment) Bill, 2022 introduced in Lok Sabha

Bill No. 177 of 2022 - (03/08/2022) - AS INTRODUCED IN LOK SABHA Bill No. 177 of 2022 THE ENERGY CONSERVATION (AMENDMENT) BILL, 2022 A BILL further to amend the Energy Conservation Act, 2001. BE it enacted by Parliament in the Seventy-third Year of the Republic of India as follows:–– 1. Short title and commencement. (1) This Act may...

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Uniform policy for A&C Department of Unified Municipal Corporation of Delhi

Office Order No. A&C (HQ)/MCD/2022-23/119 - (15/07/2022) - Municipal Corporation of Delhi (MCD) order on the new rates of the property tax 1. New property tax rates and conditions will be applicable from July 16, 2022 in order to bring uniformity and streamline and bring transparency in tax administration. 2. Education Cess of 1 per cent on annual property...

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Recent Posts in "Government Policy"

International Trade Settlement in Indian Rupee (INR)

Given the current Geo-Political and Economic Situation prevalent across the Globe, US Sanctions on use of US Dollar for Transactions with Iran & Russia and considering the continuous weakening of the Indian Rupee (INR), and to promote growth of global trade with emphasis on exports from India and to support the increasing interest of ...

Read More

How Small Businesses Work with PEOs to Reduce their Business Costs

What are PEO Services in India? A Professional Employer Organization (PEO) is a company that enters into a joint-employment relationship with another company by leasing employees to the company, allowing the Professional Employer Organization to share and manage many employee-related responsibilities and liabilities. Employers can outsou...

Read More

What happens when employee leaves the organization?

In IT sector, in these days a huge turnover of workforce has been seen. Some IT companies are removing employees or some employees are leaving the organization. IT Companies for example Twitter, facebook has fired its workforce. Also, many of its remaining employees have resigned the organization....

Read More

Complete & abject failure of government of Rajasthan in prevention of fraudulent property transfers & registrations – Part 2

In the first part, we saw that how the complete administration in the state of Rajasthan appears to have a vested interest in perpetuating corrupt practices & favouring the cheats. The ground reality is so pathetic that the industries minister Mr. Parsadi Lal Meena was compelled to acknowledge openly that honest Tehsildar & Patwar...

Read More

Online Sales Business – Challenges faced in Accounting

Looking at the quantum of sales and getting happy about it while wondering where did the money go? The most common challenge faced by all the entities is that how to record all the transactions properly to get to know the actual position of the business....

Read More

Export duty removal on steel will strengthen steel sector

Union Minister of Steel and Civil Aviation Shri Jyotiraditya Scindia stated that the removal of export duties on steel and stainless steel by the government will herald a new era for the nation's steel sector, and allow it to firmly establish its position in the global market....

Read More

What is rent deed and how to make it?

The rent agreement is a legal document and is also known as a leave and license agreement between the landlord and tenant for a fixed period of time. It includes pre-discussed rules and regulations under which the tenant has temporary possession of the property. Agreement of Rent This agreement of rent is executed amongst the […]...

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Why PEOs are on the rise: A healthy lookout

A PEO (professional employer organization), is a full-service co-employment human resource outsourcing structure. In this arrangement, the PEO works on behalf of a company to handle numerous personnel administration duties like payroll and benefits administration....

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जनता के पैसे की जवाबदेही आखिर किस पर

सांख्यिकी एवं क्रियान्वयन मंत्रालय जो १५० करोड़ रुपए के ऊपर की सरकारी परियोजनाओं पर नजर रखता है, उसकी अक्टूबर २२ की रिपोर्ट के अन...

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“SLP Dismissed” Vs. “Appeal Is Dismissed”

Different considerations apply when a special leave petition under Article 136 of the Constitution is dismissed by simply saying ‘dismissed’ and an appeal provided under Article 133 is dismissed also with the words ‘the appeal is dismissed’. This article strives to provide the clarity on difference between the ...

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