Government Policy articles

Cryptocurrency and its future in India…

The latest technological novelty that raised the curiosity of the whole world, last year is virtual currency or cryptocurrency. The most popular one amongst these is Bitcoin. Bitcoin which operates like a wallet has gained significantly in last 1 year. The value of 1 bitcoin has increased from $1000 last year to around $8000 this year wit...

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Posted Under: Fema / RBI |

Key Points about ‘Fugitive Economic Offenders Ordinance, 2018’

The Fugitive Economic Offenders Ordinance, 2018 was given the assent by President of India, Ram Nath Kovind. This Ordinance has been brought to crack down on economic fugitives like Nirav Modi, Vijay Mallya and others and to confiscate their properties. The Ordinance is to have an instantaneous effect and is prospectively applicable to of...

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Posted Under: Fema / RBI |

Contract Management – The Contract Act 1872

Contract management, refers to the processes and procedures that companies may implement in order to manage the negotiation, execution, performance, modification and termination of contracts with various parties including customers, vendors, distributors, contractors, employees etc....

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Posted Under: Fema / RBI |

6 questions to ask while initiating a Business

The startup culture is full of people who try to, want to but are not able to get their business up from scratch. The reason for this is, number of entrepreneurs don’t know the process of taking their venture from point A to point B. The point A is this brilliant idea they have and B is the consequent, fantasized state where the venture...

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Posted Under: Fema / RBI |

Checkpoints for Websites of Listed Entities

Every Listed company shall have a functional website containing the basic information about the Listed entities. It shall disseminate the following information as per SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015)...

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Posted Under: Fema / RBI |

Central Bank Watch: Hawkish but hike not yet

In the February meeting, the RBI had revised its inflation forecast for the fourth quarter (2017-18) to 5.1% from 4.3%-4.7% earlier. Inflation print is now expected to be lower than the RBI’s estimate in Q4 (so far the average has been 4.8%)....

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Posted Under: Fema / RBI |

Advance Authorisation /Duty Exemption Scheme: Why cheating with exporters?

This is a story about the elite IAS, ITS & IRS housed in the Udyog Bhawan & the North Block. I always thought that these officials would be able to think through the problem & formulate policy & procedures, which would be easy, transparent & easy to understand for the beneficiaries & easy to implement but alas that is not to be. ...

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Posted Under: Fema / RBI |

Recent notification on Industrial Employment (Standing Orders) Act and Rules, 1946

Comparative analysis on Recent notification on Industrial Employment (Standing Orders) Act and Rules, 1946...

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Posted Under: Fema / RBI |

Internal Aids to Construction

The Long Title is a part of the Act and is admissible as an aid to construction. This has been held in various judicial pronouncements. It should be distinguished with the Short Title. It is a good guide regarding the object, scope or purpose of the Act. The Long Title although part of the Act is in itself not an enacting provision and th...

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Posted Under: Fema / RBI |

All about Electoral Bonds

What are Electoral Bonds ? Electoral bond was announced in the Union Budget 2017-18 Electoral Bond is an effort made to cleanse the system of political funding in India. The scheme of electoral bonds addresses the concerns of donors to remain anonymous to the general public or to rival political parties. GST Certification Course on Pen-D...

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Posted Under: Fema / RBI |
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