Discover the latest government policies and their impact on society. Stay informed about regulations, laws, and initiatives shaping the country's governance. Explore our comprehensive coverage of government policies and their implications.
Finance : The scheme provides financial incentives for new, expanded, and upgraded hospitality projects. Key takeaway: investors can reduce ...
Corporate Law : This explains how stringent organized crime laws can conflict with due process rights like fair trial and liberty. It highlights t...
Corporate Law : The issue highlights constitutional protections alongside broad detention powers. The takeaway is that procedural safeguards must ...
Income Tax : The issue is whether foreign businesses without offices in China must comply with tax laws. The key takeaway is that activities an...
Corporate Law : The law granting special powers to armed forces was upheld, but courts emphasized that such powers are not absolute. Safeguards li...
Corporate Law : The law removes criminal penalties for minor compliance breaches and replaces them with monetary fines. It holds that reducing cri...
Finance : The Government clarified that despite rupee depreciation, strong forex reserves and export competitiveness offset risks. The overa...
Finance : The Government is actively reviewing the economic impact of the West Asia conflict on oil prices and supply chains. Coordinated me...
Corporate Law : The document outlines essential lease terms like rent, tenure, and obligations. The key takeaway is that LOI sets the foundation f...
Corporate Law : The reform addresses fraudulent activities in cooperative societies by introducing stricter governance and audit mechanisms. It en...
Corporate Law : Supreme Court of India invalidates State VAT amendments made post-GST, citing issues of legislative competence in Telangana, Gujar...
Corporate Law : Kharghar Co-op. Housing Societies Federation Ltd Vs Municipal Commissioner (Bombay High Court) Bombay High Court in the matter of ...
Corporate Law : Calcutta High Court held that computation of award amount without multiplying the amount with the multiplier 13 is unjustifiable....
Corporate Law : Ours being a Welfare State, the respondents who happen to be instrumentalities of the State under Article 12, cannot act arbitrari...
Corporate Law : Held that there is no infringement of copyright as some contents are bound to be similar as teaching given in the Holy Books Quran...
Corporate Law : The issue concerns revision of Dearness Relief rates for pensioners. The government increased DR from 58% to 60% effective January...
Corporate Law : The Coastal Shipping Bill, 2024, introduced in Lok Sabha, aims to regulate coastal trade, boost domestic participation, and enhanc...
Corporate Law : The Ministry of Agriculture announces revised guidelines for the AMI Sub-scheme of ISAM, effective from November 10, 2024, for new...
Corporate Law : The Central Government increases minimum wage rates by revising the Variable Dearness Allowance, effective October 1, 2024, aiding...
Corporate Law : MHA issues guidelines to ensure nondiscriminatory prison visitation rights for LGBTQ+ community, emphasizing equal treatment in al...
The Government has restricted import of pulses like tur, moong and urad since August, 2017 with annual Quota Restriction of 5 lakh MT (2 lak MT for tur, 1.5 lakh MT each for urad and moong) in order to stabilise the prices and protect the interest of the farmers.
Non-Banking Financial Companies (NBFC) are commercial establishments which provide financial services and banking facilities without meeting the legal definition of Banks. However, they are covered under the Banking regulations as laid down by the Reserve Bank of India, and also provide banking services like loans and credit facilities. As the trend goes, most people prefer […]
Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell with an aim to create a sustainable ecosystem for entire MSME development.The benefits likely to accrue to the MSMEs are:
United States has imposed global tariff of 25% and 10% in March, 2018 on certain steel and aluminium products, respectively, under Section 232 of US Trade Expansion Act of 1962. India took up this issue at World Trade Organisation (WTO) as it considers these additional duties to be non-compliant with WTO provisions.
The Aayushman Bharat Scheme, which was launched on 23rd September, 2018 has completed 100 days. These 100 days have witnessed the most significant steps in improving healthcare for the poor ever since independence.
The scheme will be called Lakshadweep and Andaman & Nicobar Islands Industrial Development Scheme, (LANIDS) 2018 and will cover Union Territories of Lakshadweep and Andaman & Nicobar Islands. It will be effective from 01.04.2018 and will remain in force up to 31.03.2020 with committed liabilities accrued up to 31st March 2025 for units registered up to 31.03.2020.
Binoy Gupta* One day, in August 2005, when I was Chief Commissioner of Hubli, I received a phone call, or rather an offer, to move over to Chennai as Chief Commissioner of Income Tax. During those days, Chennai was a sensitive posting. The AIDMK was ruling the State. The DMK was controlling the income tax, […]
The doctrine Uberrimae Fidei is originated from English law to the formation of insurance contract. Principle of Uberrimae fidei (a Latin phrase), or in simple English words, the Principle of Utmost Good Faith, is a very basic and first primary principle of insurance. Contract of Insurance is basically a contract for discharging indemnificatory liability by insurer for premium considered tendered by the insured to the insurer.
The most important aspects of a public service, public oriented, public contact department, like the Income Tax, are public relations, grievances and corruption. It is extremely important to handle these aspects in a meaningful and effective way.
There cannot be absolutely no quarrel with the fact that the DGFT is mandated to be the authority to facilitate the exporters. Therefore, it is really very surprising that why the DGFT should create stumbling blocks in the smooth implementation of the legal provisions contained in the FTP/HBP. I am really very startled by the […]
