Government Policy

Karnataka Budget: Populist Schemes & Committed Expenditure Could Derail Capex

Corporate Law - The waiver of farm loans announced by the government of Karnataka (GoK) in the FY19 budget, in combination with the persistent high level of committed expenditure, will limit the states ability to rationalise expenditure and achieve a higher surplus in its revenue account, says India Ratings and Research (Ind-Ra)....

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What Supreme Court has actually observed in Delhi Government case?

Corporate Law - The Constitution Bench of the Supreme Court on the 4th of July, 2018 settled the law with regard to allocation of legislative and executive powers between the elected Delhi Government and the Central Government alongwith the administrator of the Union Territory of Delhi – the Lieutenant Governor....

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The Impact of the Government Polices on Direct Tax Collections

Corporate Law - The first sixty-seven years after Independence from 1947 to 2014 saw a total number of 3.82 crore assesses filing tax returns. Obviously, in comparison to total population of almost 1.3 billion, this figure appears highly inadequate. The total direct tax collection (income tax) in 2013-14 was Rs.6.38 lakh crore....

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The Return of Rural Demand?

Corporate Law - Is private consumption finally going to get the much needed rural push? Rural demand has been picking up in recent months. This is visible in sales of big ticket items such as tractors and latest corporate earnings data of FMCG companies....

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Why the Basic Attention Token (BAT) has a Bright future

Corporate Law - Created by Brendan Eich, the American technologist who created JavaScript and co-founded the Mozilla project and foundation, Basic Attention Token (or BAT) is an Ethereum-based blockchain technology that has the potential to improve the effectiveness of digital advertising. This cryptocurrency token is designed to be exchanged freely betw...

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RJio’s Optical Fibre Roll-Out to be Market Disruptive for MSOs & DTH Players

Corporate Law - India Ratings and Research (Ind-Ra) believes that the launch of JioGigaFiber, a fibre-based broadband service for homes and businesses, by Reliance Industries Limited (‘IND AAA’/Stable) has the potential to disrupt the retail broadband segment and open up new digital avenues for the enterprise broadband segment....

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Breaking: Law Commission not Recommended Legalisation of Gambling & Sports Betting

Corporate Law - It has been strongly and categorically recommended that legalising betting and gambling in India in the present scenario is not desirable, and that a complete ban on unlawful betting and gambling must be ensured....

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Digital Aadhaar / Driving Licence valid ID proof for Train Journey

Corporate Law - Ministry of Railways approves digital Aadhaar and Driving Licence from Digital Locker as proof of identity of passengers for undertaking journey by Train The issue regarding accepting Aadhaar and Driving Licence as valid proof of identity when presented from digital locker account of the passenger has been examined by Ministry of Railways...

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BEE recommendations on temperature setting of Air Conditioners: FAQs

Corporate Law - Bureau of Energy Efficiency (Ministry of Power) has issued the guidelines to major commercial establishments with the objective of conserving energy through optimum temperature settings for the Air Conditioners, within the comfort zone /chart.It is estimated that changing the temperature from conventional 20-21 degree Celsius can result i...

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National Guidelines on Economic, Social & Environmental Responsibilities of Business

Corporate Law - The National Guidelines on the Economic, Social and Environmental Responsibilities of Business (Guidelines) presented herein are the outcome of a process initiated by the Ministry of Corporate Affairs (MCA) in September 2015. ...

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Collecting parking fee by malls illegal : Gujarat HC issues notice (Read PIL)

Sajeev Bhargav Ezhava Vs. Versus State Of Gujarat (Ahmedabad High Court) - Petitioner Sajeev Ezhava, filed public interest litigation before Hon’ble Gujarat High Court contending that the parking fee collected by malls and commercial establishments is illegal and against the basis of exempting them from municipal taxes. ...

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Hotels / restaurants can Sale mineral water above MRP: SC

Federation of Hotel and Restaurant Association of India (Supreme Court of India) - Federation of Hotel and Restaurant Association of India (Supreme Court of India); Hon’ble SC held that that neither the Standards of Weights and Measures Act, 1976 read with the enactment of 1985, or the Legal Metrology Act, 2009, would apply so as to interdict the sale of mineral water in hot...

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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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Fugitive Economic Offenders (Receipt and Management of Confiscated Properties) Rules, 2018

Notification No. G.S.R. 397(E) - (24/04/2018) - (1) These rules may be called the Fugitive Economic Offenders (Receipt and Management of Confiscated Properties) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....

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Fugitive Economic Offenders (Issuance of Provisional Attachment Order) Rules, 2018

Notification No. G.S.R. 395(E) - (24/04/2018) - (1) These rules may be called the Fugitive Economic Offenders (Issuance of Provisional Attachment Order) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....

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Fugitive Economic Offenders (Issuance of Attachment Order) Rules, 2018

Notification No. G.S.R. 394(E) - (24/04/2018) - (1) These rules may be called the Fugitive Economic Offenders (Issuance of Attachment Order) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....

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Fugitive Economic Offenders (Application for Declaration of Fugitive Economic Offender) Rules, 2018

Notification No. G.S.R. 393(E) - (24/04/2018) - (1) These Rules may be called the Fugitive Economic Offenders (Application for Declaration of Fugitive Economic Offender) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....

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Administrator appointed under Fugitive Economic Offenders Ordinance, 2018

Notification S.O. 1730 - (24/04/2018) - Central Government appoints under Fugitive Economic Offenders Ordinance, 2018 the Special Directors of Enforcement of the Regional Offices of the Directorate of Enforcement to perform the functions of an Administrator....

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Government Policy’s Popular Posts

Recent Posts in "Government Policy"

Format of Loan Agreement between Holding & Subsidiary Company

Generally Subsidiary Company takes a loan from it's Holding Company (vice versa) with the condition to convert loan into Equity. So there should be some prior agreement between them....

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Posted Under: Corporate Law |

RJio’s Optical Fibre Roll-Out to be Market Disruptive for MSOs & DTH Players

India Ratings and Research (Ind-Ra) believes that the launch of JioGigaFiber, a fibre-based broadband service for homes and businesses, by Reliance Industries Limited (‘IND AAA’/Stable) has the potential to disrupt the retail broadband segment and open up new digital avenues for the enterprise broadband segment....

Read More
Posted Under: Corporate Law |

Karnataka Budget: Populist Schemes & Committed Expenditure Could Derail Capex

The waiver of farm loans announced by the government of Karnataka (GoK) in the FY19 budget, in combination with the persistent high level of committed expenditure, will limit the states ability to rationalise expenditure and achieve a higher surplus in its revenue account, says India Ratings and Research (Ind-Ra)....

Read More
Posted Under: Corporate Law |

Breaking: Law Commission not Recommended Legalisation of Gambling & Sports Betting

It has been strongly and categorically recommended that legalising betting and gambling in India in the present scenario is not desirable, and that a complete ban on unlawful betting and gambling must be ensured....

Read More
Posted Under: Corporate Law |

Digital Aadhaar / Driving Licence valid ID proof for Train Journey

Ministry of Railways approves digital Aadhaar and Driving Licence from Digital Locker as proof of identity of passengers for undertaking journey by Train The issue regarding accepting Aadhaar and Driving Licence as valid proof of identity when presented from digital locker account of the passenger has been examined by Ministry of Railways...

Read More
Posted Under: Corporate Law |

What Supreme Court has actually observed in Delhi Government case?

The Constitution Bench of the Supreme Court on the 4th of July, 2018 settled the law with regard to allocation of legislative and executive powers between the elected Delhi Government and the Central Government alongwith the administrator of the Union Territory of Delhi – the Lieutenant Governor....

Read More
Posted Under: Corporate Law |

The Impact of the Government Polices on Direct Tax Collections

The first sixty-seven years after Independence from 1947 to 2014 saw a total number of 3.82 crore assesses filing tax returns. Obviously, in comparison to total population of almost 1.3 billion, this figure appears highly inadequate. The total direct tax collection (income tax) in 2013-14 was Rs.6.38 lakh crore....

Read More
Posted Under: Corporate Law |

BEE recommendations on temperature setting of Air Conditioners: FAQs

Bureau of Energy Efficiency (Ministry of Power) has issued the guidelines to major commercial establishments with the objective of conserving energy through optimum temperature settings for the Air Conditioners, within the comfort zone /chart.It is estimated that changing the temperature from conventional 20-21 degree Celsius can result i...

Read More
Posted Under: Corporate Law |

The Return of Rural Demand?

Is private consumption finally going to get the much needed rural push? Rural demand has been picking up in recent months. This is visible in sales of big ticket items such as tractors and latest corporate earnings data of FMCG companies....

Read More
Posted Under: Corporate Law |

Why the Basic Attention Token (BAT) has a Bright future

Created by Brendan Eich, the American technologist who created JavaScript and co-founded the Mozilla project and foundation, Basic Attention Token (or BAT) is an Ethereum-based blockchain technology that has the potential to improve the effectiveness of digital advertising. This cryptocurrency token is designed to be exchanged freely betw...

Read More
Posted Under: Corporate Law |
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