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 today said it will continue to focus on fiscal consolidation and would stick to the deficit target for the current fiscal, despite the uncertainty over global crude oil prices. “We are on the fiscal consolidation path. We don’t want to occupy more space in the public borrowing, and we will stick to our fiscal deficit target and our revenue deficit target,” Finance Secretary Sushma Nath said at a CII conference here.
Karnataka Government would soon file an appeal in the Supreme Court challenging its order revoking the ban on export of iron ore, chief Minister B S Yeddyurappa said today. The state would file the appeal outlining the reasons that prompted the BJP Government to impose the ban to check illegal mining and illegal export of iron ore.
A government body has recommended that state-run BSNL should merge its counterpart MTNL and telecom equipment manufacturer ITI with itself, a move that will help turn around the loss-making telecom giant. The board strongly recommends the merger of ITI Ltd with BSNL, or its takeover by BSNL as a separate subsidiary, thereby ensuring strategic vertical integration.
The Government of India has issued a Notification constituting a Joint Drafting Committee to prepare a draft of the Lok Pal Bill. The Joint Drafting Committee shall consist of Five nominee Ministers of the Government of India and Five nominees of Shri Anna Hazare (including himself). The five nominee Ministers of the Government of India are as under:-
Government will introduce the Lokpal Bill during the monsoon session of Parliament, and once passed, corruption cases will be handled by fast track courts for speedy disposal, Minister of State for Parliamentary Affairs Ashwini Kumar today said. Describing corruption as a “national issue” and not the concern of just an individual or any political party, Kumar told reporters here that the government”s accountability and responsibility would increase with the passage of the legislation.
The government auditor CAG on Friday said it will soon finalise its report on the conduct of Commonwealth Games which will be tabled in the next session of Parliament. “Yes…certainly,” the Comptroller and Auditor General (CAG) said when asked if the CWG report would be tabled in the Monsoon Session of Parliament. Rai said his office is in the final stages of drafting the CWG report. “It is being finalised. We could not table it in the Budget session as it was truncated,” he added.
EFTA Negotiations likely to be Concluded by Year End. Bilateral Trade Touches 20 Billion US $ . hri Anand Sharma, Union Minister for Commerce & Industry, in a business meeting with Mr. Johann Schneider-Ammann, Federal Councilor Minister for Economic Affairs of Switzerland, here today stated that, “India has always stood for an open, equitable, predictable, non-discriminatory and rule-based multilateral trading regime. India gives primacy to engagements in multi-lateral negotiations at the World Trade Organization. India is committed to successful conclusion of Doha Round and support multi-lateral and bilateral engagement with rest of the world”. He stressed that developed world is resorting to protectionist tendencies which hurt both developed and developing economies. The Minister informed, “In our lifetimes, we have seen a tectonic shift in global growth and investment patterns and while Europe and Americas dominated the economic discourse in the centuries we left behind, the 21st century is decidedly a different one in which emerging economies of Asia, Africa and Latin America are playing a much larger role. India which is home to a sixth of world’s population is finally beginning to realize its true potential on the global stage’.
MSME Minister Virbhadra Singh today said his ministry is in consultation with the Prime Minister office and other departments to make specific schemes for medium enterprises. The Micro, Small and Medium Enterprises (MSME) Minister said enough schemes are there for micro and small industries, but there is no particular scheme for medium ones.
Sports Ministry has constituted a Committee under the chairmanship of Justice Mukul Mudgal, retired Chief Justice of the High Court of Punjab and Haryana, to examine, in details, the comments and suggestions received from various quarters and make appropriate recommendations to fine-tune the draft National Sports Development Bill.
The government today said the total tax collections-both direct and indirect-for 2010-11 have exceeded even the revised estimate on the back of strong economic activities. “I am reasonably sure that we will cross Rs 4.50 lakh crore in direct taxes…I am reasonably confident that it (indirect tax) will be around Rs 3.43 lakh crore-Rs 3.44 lakh crore,” Revenue Secretary Sunil Mitra told reporters on the sidelines of an IPPAI conference.
