A speaking order is an order that speaks for itself & should stand the test of legality, fairness and reason at all the higher appellate forums. Effectively this means that, the order should contain all the details of the issue, clear findings and a reasoned order. However, when the system is corrupt & rotten to […]...
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♣ India jumped thirty places to break into the top 100 for the first time in the World Bank’s Ease of Doing Business Report (EODB), 2018. ♣ The rankings reflect the government’s reform measures on a wide range of indicators. ♣ India leaped 53 and 33 spots in the taxation and insolvency indices, respectively, on […]...
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India is currently going through unprecedented growth trajectory. With the coming up of NDA Government in 2014 with optimistic P.M Mr. Narendra Modi, Businesses across the globe is attracted towards India for starting their business here. GoI is implementing initiatives that not only will facilitate investments into India but will also ma...
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The challenges thrown up by the increase in the international price of crude oil cannot be resolved by either the tweets or television bytes of some opposition leaders. The problem is serious. The oil producing nations have capped their production, thus creating a demand-supply mismatch....
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The Commission was called upon to study the issue regarding holding of simultaneous elections to the House of the People and the State Legislative Assemblies by Department of Legal Affairs, and submit a report to the Government thereupon. While the Commission relentlessly involved itself in detailed research and discussions, a working pap...
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Rahul is a software developer who provides services to US Based companies. In return, those companies pay him the professional services in US Dollars. If Rahul was earning $1,000 in 2014, he was making approx. ₹ 63,000. If Rahul earns $1,000 today, he is making approx. ₹ 72,000 which means he is earning more than what he was receiving...
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RBI Policy: Hold for bond market, change in stance for FX market -
The RBI in an unexpected move decided to keep the repo rate unchanged at 6.50%. The vote to stay on hold was advocated by five out of six members in the monetary policy Committee (MPC). ...
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To summarise in a few words, DVR shares are merely the same shares of a company, having, mutatis mutandis, all the rights and privileges that are vested in the ordinary shares of the Company, except as to voting and in some cases, dividends....
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An article has been reported in news media regarding write-off of loans by Public Sector Banks (PSBs). Technical write-offs are resorted by banks as per Reserve Bank of India (RBI) guidelines. However, this does not lead to any loan waiver. Recovery of loans continues rigorously by Banks. In fact the defaulting management of most Insolven...
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Introduction Act provides for facilitating the promotion and development as well as enhancing the competitiveness of Micro, Small and Medium enterprises. Categorization of Micro, Small and Medium Enterprises As per Act, The categorization of Micro, Small and Medium is based on investment in Plant and Machinery as below Category of Enterpr...
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