Government Policy articles

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)....

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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....

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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....

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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....

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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...

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Posted Under: Corporate Law |

Decoding GDPR by CRIF Highmark

As data, the new oil of the digital era continues to drive the economies around the globe, privacy and protection of data is in the spotlight. On 25 May 2018, The European Union led the pack by enforcing GDPR into full-effect, thereby making a milestone in data protection laws across the European Union (EU).  What […]...

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Posted Under: Corporate Law |

RBI’s ban on Bitcoin turned out ungrounded!

What’s Bitcoin! Bitcoin is an electronic or digital currency that works on a peer-to-peer basis. This means that it is decentralized and has no central authority controlling it. Like currency notes, it can be sent from one person to another, but without a central bank or the government attempting to track it. ...

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Posted Under: Corporate Law |

Economy and Markets Reward Structural Reforms & Fiscal Prudence

The Fourth quarter results of GDP data showed a phenomenal 7.7 percent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years. With structural reforms like demonetisation, the implementation of the Goods and Services Tax and the enf...

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Posted Under: Corporate Law |

GDPR – The Dawn of An Era in Data Protection

With increase in technological innovations such as Internet of Things (IOT), Cloud services and mobility coupled with constant connectivity, the geographical boundaries are reducing and exposing personal data to higher risks....

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Posted Under: Corporate Law |

Fugitive Economic Offenders Ordinance, 2018- A Study

The main purpose of the Fugitive Economic Offenders Ordinance, 2018 was to provide for measures to deter fugitive economic offenders from evading the process of law in India by staying outside the jurisdiction of Indian courts. It also aimed at preserving the sanctity of the rule of law in India and for matters connected therewith or inci...

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Posted Under: Corporate Law |
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