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.
Corporate Law : The article argues that proposed constitutional amendments would allow Parliament to determine the applicable census for delimitat...
Corporate Law : The U.S. DOJ told a federal court that the criminal case was filed without a realistic prospect of trial. It sought dismissal citi...
Finance : The article explains how AI is reshaping India's IT services industry by automating routine work, forcing companies to transform t...
Corporate Law : Maharashtra Overhauls Co-operative Housing Society Rules: New Norms for Membership, Nomination, Charges, Funds, AGM, Redevelopment...
Finance : Based on the latest CPI-IW data released by the Labour Bureau, the Dearness Allowance for PSU employees has been computed at 55.70...
Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...
Corporate Law : The government has exempted smaller edible oil packs and minor edible oils from standardisation requirements. The exemption is aim...
Finance : The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, ...
Corporate Law : The Sales Tax Bar Association has urged the Bar Council of India and the Law Ministry to permit Advocates to collaborate with non-...
Corporate Law : The Union Cabinet approved ECLGS 5.0 to provide guaranteed emergency credit support to MSMEs, non-MSMEs, and airlines facing liqui...
Corporate Law : The Court held that maintenance charges for common amenities, facilities, and services cannot be based on apartment size when all ...
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 : Standard pack sizes have been recommended for commonly used edible oils to reduce market inconsistencies and assist consumers in c...
Corporate Law : The Office Memorandum increases Dearness Relief rates for CPF beneficiaries and eligible family members under the 5th Central Pay ...
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...
. Government constituted a Group of Ministers (GoM), on 6th January, 2011 with the approval of the Prime Minister, to consider measures that can be taken by the Government to tackle corruption. One of the terms of reference (ToR) of the GoM was to consider and advise on – Fast tracking of all cases of public servants accused of corruption”. The Group of Ministers, while considering this ToR, observed that it is imperative that cases of sanction for prosecution should be decided expeditiously and within the timeframe of 3 months. The GoM, therefore, recommended that:-
Government Denies Allegations Allegations have been made that the proposal of M/s Global Communication Services Holdings Ltd, Mauritius (a wholly owned subsidiary of M/s Maxis Communications Berhad) to acquire 73.99 per cent equity in M/s Aircel Ltd was delayed by the then Finance Minister in order to benefit certain persons.
The payment of commission to agents of Public Provident Fund (PPF) Scheme and Senior Citizens Savings Scheme has been discontinued, with effect from 1st December, 2011. Commission under all other schemes (except MPKBY Agents) has been reduced from 1% to 0.5%. However, commission to Mahila Pradhan Kshetriya Bachat Yojana (MPKBY) agents will continue at the existing rate of 4%.
There are few hurdles in the process of effecting Corporate Debt Restructuring Mechanism and a possible threat to the Indian Economy. The objective of this article is to highlight the noble objectives of corporate debt Restructuring Mechanism; to examine the hurdles and to explore the possible solution to remove these deficiencies.
The government today said that it has taken an in-principle decision to link diesel prices with market rates, however, there is no proposal at present to fully deregulate cooking gas price. Minister of State for Finance, Namo Narain Meena said this in a written reply to the Rajya Sabha today. While petrol prices are market-linked, the government fixes the rates of LPG, kerosene and diesel, which results in a large budgetary expenditure on subsidies.
In order to ensure that ‗per second billing‘ remains an assured alternative option for all subscribers, it has been decided to mandate that all service providers shall offer at least one pre-paid and one post-paid tariff plan with the pulse rate of one second for local and national long distance calls. The service providers will be at liberty to offer alternative tariff plans with any pulse rate within the overall ceiling of 25 tariff plans.
State-run oil companies have served an ultimatum to the government that they will raise petrol prices by 9.6 rupees a litre if excise duty is not cut or they are not provided compensation for 49-crore rupees loss per day on fuel sale.
Banks should have a board approved transparent policy on pricing of liabilities and they should also ensure that variation in interest rates on single term deposits of Rs. 1.5 million and above and other term deposits is minimal.
Reduce the repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 8.5 per cent to 8.0 per cent with immediate effect. The reverse repo rate under the LAF, determined with a spread of 100 basis points below the repo rate, stands adjusted to 7.0 per cent with immediate effect.
Financial inclusion has been high on the agenda of the Reserve Bank. With a view to providing fillip to this concept, banks were advised, in November 2005, to make available a basic banking ‘no-frills’ account with either ‘nil’ or very low minimum balance as well as charges that would make such accounts accessible to vast sections of the population.
