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.
Custom Duty : Instead of a formal signature, some documents are marked with S/d- (an abbreviation for signed) as a form of attestation. This rai...
Corporate Law : Analyze the effectiveness of carbon taxes in combating climate change. Explore the strengths, weaknesses, and alternative strategi...
CA, CS, CMA : New e-waste management rules (G.S.R. 801(E)) effective from April 2023 require registration, responsibility, and reporting for man...
Finance : Explore yoga fitness market trends, retention strategies, and tech innovations. Uncover insights on customer loyalty, VR classes, ...
Corporate Law : Learn about the Extended Producer Responsibility (EPR) under the Plastic Waste Management Rules, 2016, outlining the obligations f...
Corporate Law : उत्तर प्रदेश बार काउंसिल ने नए अधिवक्ताओं के पंज�...
Finance : Discover the risks of UPI cash deposits, recent transaction statistics, safety measures, and future plans for cross-border UPI int...
Fema / RBI : Details on penalties for not maintaining AMB in savings accounts, criteria for calculation, and government's stance on rationalizi...
Corporate Law : TRAI has released a consultation paper on reviewing Telecom Consumer Protection Regulations 2012, focusing on tariff offerings, vo...
Corporate Law : Govt launches 3 employment schemes: wage support for new workers, incentives for manufacturing jobs, and employer support to boost...
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 : MHA issues guidelines to ensure nondiscriminatory prison visitation rights for LGBTQ+ community, emphasizing equal treatment in al...
Corporate Law : Get clarity on GPF interest exceeding 5 lakhs. Learn about revised provisions & implications for government servants' GPF subscrip...
Corporate Law : Government of India requests Bar Council to issue Bar Licenses through Digi Locker, enhancing e-governance and e-court integration...
Corporate Law : Government of India announces a 4% increase in Dearness Relief for pensioners effective from January 2024. Details & implications ...
Corporate Law : Explore the Ministry of Commerce & Industrys transformative industrialization scheme, UNNATI 2024, approved by the Cabinet. Incent...
Inter-departmental consultations between Ministries of Finance and Corporate Affairs including Securities and Exchange Board of India (SEBI) are at advance stage of maturity for rolling out “relaxed and enlightened” regulations for private equities (PEs) and Venture Capitalists (VCs) so that India attracts larger volumes of their investments in areas of infrastructure, healthcare and clean energy, according to R. Bandyopadhyay, Secretary, Ministry of Corporate Affairs.
Britain’s Labour party has promised to make it more difficult for Indian and other foreign companies to take over British firms by requiring two-thirds of shareholders at the target company to approve a change of ownership, up from the current 50.1 per cent. Releasing the manifesto, Prime Minister Gordon Brown promised a ‘national renewal’, and insisted that Labour was in ‘the future business’.
To curb illegal trading in commodity market, the regulator FMC has asked exchanges to impose a penalty of Rs 100,000-500,000, with effect from April 1, on brokers carrying unauthorised trading activities.Besides introducing a penalty for illegal trading, the Forward Markets Commission has announced a uniform penalty structure for all the commodity exchanges, while raising the penalty amount for various other offences.
The Cabinet today approved a proposal to introduce the Prevention of Torture Bill, 2010 in the Parliament. This is a step towards ratification of the Convention against Torture and Other Cruel, Inhuman and Degrading Treatment or Punishment adopted by the United Nations General Assembly on 9th December, 1975 [resolution 3452(XXX)]. India had signed the Convention in October, 1997.
The government plans to introduce a separate legislation to speed up insolvency proceedings and help distressed firms wind up operations quickly. The new law will shorten the legal processes involving insolvency operations of small and medium entities. The government is keen to make bankruptcy proceedings a time-bound procedure.
The Law Commission of India, in its 128th Report (1988) examines the cost of litigation and suggested ways to compensate the wronged party so that cost of litigation does not become an impediment in the road to justice. This paper examines the cost of litigation in taxation matters, with special emphasis to taxation laws, reasons for frivolous litigation in these matters, its deleterious effect on the business environment of the country.
It is well known that exporters of services had faced serious problems in obtaining refunds of input taxes for a variety of reasons. In order to ameliorate the problem, the CBEC had issued Circular No. 120/01/2010-ST dated 19th January, 2010 to clarify several important points on exports of services from India and to also lay down a simplified procedure for grant of refunds.
The Ministry of Labour & Employment & Training has issued revised guidelines Vide notification no. DGE&T-M-26025/4/2009-MP (G) dated December 22, 2009 regarding eligibility criteria in respect of issuance of Employment Visas (EV) to foreign nationals coming to India for execution of projects in India.
The Finance Minister presented the Economic Survey 2009-10 before the Parliament. It is a report card of India’s economic performance which gives the current and expected direction of the Government Policies. The key highlights of the same are given below:
The committee constituted to review the acquisition procedure of the security features for currency notes; review the relevant procurement manuals and suggest a roadmap for progressive indigenization of various inputs including high end machinery and security features submitted its report to the Finance Minister Shri Pranab Mukherjee in his North Block Office in New Delhi today.
