Government Policy

India-Vision 5 Trillion Dollar Economy

Finance - -Prime Minister Modi had announced an ambitious target of a $5 trillion economy for India by 2024. If achieved, India will become the third-largest economy in the world. -The focus is on boosting services sector contribution to $ 3 trillion, manufacturing to $ 1 trillion and Agriculture to $ 1 trillion. -However, the recent economic sl...

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Student problems in Current Education System

Finance - Children attend school unaware of things going in and around them, with a belief that they would get to know at school from their teacher the things that are going around them. But to their fate they are just taught what is in their books and that they need to excel in their book knowledge […]...

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Cabinet approves INR 48,042 Crore package to boost Electronic Components manufacturing

Finance - Cabinet approves INR 48,042 Crore package to boost Electronic Components manufacturing John F Kennedy famously quoted “Use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger–but recognize the opportunity.” At the current ...

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Decoding India’s Trade Agreements – Part –2

Finance - In my last article ‘‘Decoding India’s Trade Agreements – Part –1‘ , I had discussed about the various types of International Trade Agreements and their importance and as to why the exporters and importers should be aware of the various benefits available to them for the exports from India and imports into India. In...

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Planning To Buy a Property In Delhi?

Finance - A popular quote written by anonymous says ‘Owning a home is a keystone of wealth…’.This is quite true especially in urban areas where every single person is juggling with daily life problems and being able to manage accommodation of his own is a dream come true for many”.  So, before achieving his dream of a […]...

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CCI revises Guidance Notes to Form-I under the Green Channel

Finance - Ministry of Corporate Affairs CCI revises Guidance Notes to Form-I under the Green Channel The Competition Commission of India (CCI) has revised guidance notes to Form I with a view to incorporate the changes made in Green Channel. The revised Form I, under the Green Channel, will be used to file the notice under Section […]...

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Addendum to Lockdown Guidelines of MHA dated 24.03.2020

Finance - ddendum to Guidelines annexed to the Ministry of Home Affairs Order No. 40-3/2020-D dated 24.03.2020 Addition in exemption to Clause 1: Term treasury Pay & Accounts Offices. Financial Advisers and held offices of the Controller General of Accounts, with bare minimum staff...

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Induslnd Bank statement on irresponsible rumours and speculation

Finance - In wake of the significantly higher level of market rumours and speculation around Induslnd Bank stock, we would like to reiterate that the Bank is financially strong, well-capitalized, profitable, and a growing entity with strong governance....

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Bar Council of Punjab & Haryana postpones election to 17.04.2020

Finance - The Bar Council is also concerned about the democratic process of annual elections of the Bar Associations in Punjab, Haryana and Chandigarh including High Court Bar Association. The magnitude of outbreak COVID-19 has compelled the Bar Council to postpone the date of election from 3rd April 2020 to 17th April 2020 to maintain level playin...

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Privatisation of Companies, Fake Currency & Bank Mergers

Finance - The Government has given ‘in-principle’ approval for Privatisation of 24 CPSEs including Subsidiaries, Units and Joint Ventures with sale of majority stake and transfer of management control....

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National Consumer Court (NCDRC) Orders Refund to Home buyers

Amal Ganguli & Anr. v. M/s. Unitech Limited (National Consumer Disputes Redressal Commission,  New Delhi), Consumer Case No. 2712 of 2017, Dated- 09th May 2019 - National Consumer Disputes Redressal Commission (NCDRC) in the case of Amal Ganguli & Anr. v. M/S. Unitech Limited  ordered refund to the Home buyers....

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Jadhav case: ICJ Rules in favour of India (Read Order & Press Release)

Mr. Kulbhushan Sudhir Jadha case (India v. Pakistan) (International Court of Justice) - Jadhav case (India v. Pakistan)- The Court finds that the Islamic Republic of Pakistan, in the matter of the detention and trial of an Indian national, Mr. Kulbhushan Sudhir Jadhav, has acted in breach of the obligations incumbent on it under Article 36 of the vienna Convention on Consular Relations...

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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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Visa and Travel restrictions related to COVID-19

No.1 /Comm/1301/2020-07 - (16/03/2020) - Passengers travelling from / having visited Italy or Republic of Korea and desirous of entering India will need certificate of having tested negative from COVID-19 from the designated laboratories authorized by Health Authority of these countries. This is enforcement since 0000 hrs. of March 10, 202...

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Govt notifies Maharashtra COVID-19 Regulations, 2020

No.Corona-2020/CR-58/Aarogya-5 - (14/03/2020) - No person/ Institution/ organization will use any print or electronic or social media for dissemination of any information regarding COVID-19 without ascertaining the facts and prior clearance of the Commissioner, Health Services, Director of Health Services (DHS-I & II), Director, Medical Education...

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BCD objects to inclusion of lawyers within definition of Consumer Protection Act 2019

As per the information available, your Ministry is framing Rules under the Act and wants to surreptitiously include the lawyers under the proposed Rules so as to bring the lawyers across the country within the jurisdiction of Consumer Redressal Forum. This is highly deplorable and the lawyers across...

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Airlines Allowed to permit use of Mobile and Internet in Aircraft

Notification No. G.S.R. 142(E) - (12/02/2020) - Pilot-in-Command may permit the access of internet services by passengers on board an aircraft in flight, through Wii-Fi on board, when laptop, smartphone, tablet, smartwatch, e-reader or a point of sale device is used in flight mode or airplane mode:...

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Rajasthan Investment Promotion Scheme- 2019

Order No. F. 12(39)FD/Tax/2019-97 - (17/12/2019) - RAJASTHAN INVESTMENT PROMOTION SCHEME - 2019- In order to generate employment opportunities and promote rapid, sustainable and balanced economic growth in the State of Rajasthan...

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Recent Posts in "Government Policy"

India-Vision 5 Trillion Dollar Economy

-Prime Minister Modi had announced an ambitious target of a $5 trillion economy for India by 2024. If achieved, India will become the third-largest economy in the world. -The focus is on boosting services sector contribution to $ 3 trillion, manufacturing to $ 1 trillion and Agriculture to $ 1 trillion. -However, the recent economic sl...

Read More
Posted Under: Finance |

CCI revises Guidance Notes to Form-I under the Green Channel

Ministry of Corporate Affairs CCI revises Guidance Notes to Form-I under the Green Channel The Competition Commission of India (CCI) has revised guidance notes to Form I with a view to incorporate the changes made in Green Channel. The revised Form I, under the Green Channel, will be used to file the notice under Section […]...

Read More
Posted Under: Finance |

Student problems in Current Education System

Children attend school unaware of things going in and around them, with a belief that they would get to know at school from their teacher the things that are going around them. But to their fate they are just taught what is in their books and that they need to excel in their book knowledge […]...

Read More
Posted Under: Finance |

Cabinet approves INR 48,042 Crore package to boost Electronic Components manufacturing

Cabinet approves INR 48,042 Crore package to boost Electronic Components manufacturing John F Kennedy famously quoted “Use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger–but recognize the opportunity.” At the current ...

Read More
Posted Under: Finance |

Decoding India’s Trade Agreements – Part –2

In my last article ‘‘Decoding India’s Trade Agreements – Part –1‘ , I had discussed about the various types of International Trade Agreements and their importance and as to why the exporters and importers should be aware of the various benefits available to them for the exports from India and imports into India. In...

Read More
Posted Under: Finance |

Planning To Buy a Property In Delhi?

A popular quote written by anonymous says ‘Owning a home is a keystone of wealth…’.This is quite true especially in urban areas where every single person is juggling with daily life problems and being able to manage accommodation of his own is a dream come true for many”.  So, before achieving his dream of a […]...

Read More
Posted Under: Finance |

Addendum to Lockdown Guidelines of MHA dated 24.03.2020

ddendum to Guidelines annexed to the Ministry of Home Affairs Order No. 40-3/2020-D dated 24.03.2020 Addition in exemption to Clause 1: Term treasury Pay & Accounts Offices. Financial Advisers and held offices of the Controller General of Accounts, with bare minimum staff...

Read More
Posted Under: Finance |

25 Points to keep in mind prior to closing of financial year

Reminders for Companies/Management Related to year end Tax Compliances With the financial year (2019-20) approaching an end, each business has accelerated its tax compliances. Amidst this hassle, here are some key pointers that every business/management must keep in mind prior to closing their financial year: 1. TDS Deduction as per ‘Ye...

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Posted Under: Finance |

Direct Selling Business Compliances in Maharashtra

This article encompasses the compliances to be undertaken by an entity located in the State of Maharashtra, which is engaged in the business of direct selling and multi-level marketing (Direct Selling) to sell and distribute its products/ services throughout India. Direct Selling: Direct Selling means marketing, distribution and sale of g...

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Posted Under: Finance |

Sample Work from Home Policy

WORK FROM HOME POLICY SAMPLE This Work from Home Policy template can be changed as per company’s needs. A Work from Home Policy may also be referred to as a Telecommuting Policy or Home-Based Work Policy.  This sample policy should be modified according to your company’s specific values. Policy brief & purpose We designed ou...

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Posted Under: Finance |

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