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 Indian Judiciary has been criticised for a domineering approach in arbitration, particularly when it involves a foreign party. Some recent judgments passed by the Indian courts have created some controversy and confusion on the law governing arbitration. Arbitration in India is inundated by unreasonable delays, high costs, and delay in enforcement of the award.
According to International Labor Organization Micro Finance is an economic development approach that involves providing financial services through institution to low income clients. The meaning of Finance is management of money. Microfinance institutions (MFIs) typically offer a variety of loan products and, increasingly, savings services as well.
With the constant presence of upcoming multinationals in all production sectors such as agriculture and marketing there was a need for small time production companies to operate as a cooperative under an umbrella body such as the Ministry of Corporate affairs.
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for amendments to the Arbitration and Conciliation Bill, 2015 taking into consideration the Law Commission’s recommendations, and suggestions received from stake holders. The Government of India has decided to amend the Arbitration and Conciliation Act, 1996 by introducing the Arbitration […]
Ease of Doing Business in India and in Law Related to Custom Duty – In line with the objectives to facilitate trade and improve ease of doing business, the following measures have been taken by CBEC during last one year: CUSTOMS: 24×7 Customs Clearance: With effect from 31.12.2014, facility of 24×7 Customs clearance for specified […]
Reduction in number of levies: Education Cess and Secondary & Higher Education Cess on excisable goods have been subsumed in Basic Excise duty. [Notifications 14/2015-Central Excise and No. 15/2015-Central Excise, both dated 01.03.2015 refer].
Reduction in number of levies: Education Cess and Secondary & Higher Education Cess on taxable services have been subsumed in Service Tax with effect from 06.2015. [Sections 153, 159 of the Finance Act, 2015 read with notification No.14/2015-Service Tax, dated 19.05.2015 refers].
The Government of India has taken up a series of measures to improve Ease of Doing Business. The emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficient and effective. The measures taken are:
Atal Pension Yojana (APY) Modified to Increase the Acceptability of the Scheme Amongst Informal Sector Workers and Make the Scheme More Viable; Subscribers Would Now Have an Option to Make the Contribution on a Monthly, Quarterly, Half Yearly Basis Instead of on a Monthly Basis Earlier; Discontinuation of Payment of Contribution Provision Substantially Modified in […]
The Government has asked banks to achieve weekly targets set for the purpose of enabling Jeevan Pramaan – an Aadhaar-based Digital Life Certification system for Pensioners so as to cover at least 50% in next 2-3 weeks. Pensioners can approach their paying branches with the PPO, Aadhaar card and bank pass book for trouble-free seeding of Pensioners’ Aadhaar number in their bank account.
