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...
Peeved that Indian corporate have to face tough norms in global government purchase orders totalling an estimated $3 trillion, the Commerce Ministry has suggested that the industry too should root for similar norms back home. “I (India) have given my market to everbody in the globe, …(but) I do not get access in their (Western) government purchase, what do I do?” Additional Secretary in Commerce Ministry D K Mittal said at a Ficci function here.
The finance ministry has asked market regulator Sebi and insurance watchdog IRDA to deposit their surplus funds with the government, a move that may be resisted by these bodies citing regulatory autonomy. The directive follows repeated suggestions by the Comptroller and Auditor General (CAG) of India, the government’s statutory auditor, which says this will improve the regulators’ accountability to the exchequer.
The Government has assigned duties to senior officers presently working in Delhi in various Ministries/Departments in relation to the Commonwealth Games. These Officers would be deputed on part-time basis to oversee the preparations at the major Commonwealth Games venues, to solve coordination problems and bring to the notice of Secretary, Department of Sports and Cabinet Secretary for any intervention that may be required.
Regulation of Tariff has been mandated to Telecom Regulatory Authority of India (TRAI) vide the TRAI Act of 1997. As per the extant TRAI guidelines, there is no bar on offering tariff plans such as Zero Rental Plans provided that there are no fixed monthly charges applicable in such plans.
Under attack for rising prices, Prime Minister Manmohan Singh on Sunday said the government was making every possible effort to control “high inflation” and insulate poor from its adverse impact.
The Government has been taking active measures to make Hindi one of the official languages of the United Nations. A high level Committee under the Chairmanship of the External Affairs Minister was constituted on 26 February 2003. This was followed by a sub-Committee set up under the Chairmanship of the Minister of State for External Affairs in August 2003 to examine this matter and take necessary measures.
A proposed legislation to protect whistleblowers and provide for severe punishment to those exposing the identity of people disclosing information was approved by the Government today. The Public Interest Disclosure and Protection to Persons Making the Disclosure Bill, 2010 provides the Central Vigilance Commission powers of a civil court to hand down harsh penalty to people revealing the identity of whistleblowers, official sources said.
Private sector banks could be allowed to handle provident fund and pension payments of government employees, giving them access to large amount of low-cost funds. The proposal is in response to a demand by the public sector banks for an increase in the commission fee for handling such accounts, which the official documents say could receive nearly `43,000 crore from the government on account of pension payments only.
The purpose of these rules is to introduce clarity and certainty in the matter of levy and collection of Service Tax particularly in situations of change of rate of service tax or imposition of service tax on new services. At present there is lack of clarity as to the date from which the changed rate or a new levy of service tax become payable and tax payers as well as tax officials face uncertainty in this regard as the provisions are not explicit.
Noting that public disclosure of names of bank loan defaulters could harm investors’ interests, Government today ruled out a legislation to recover non-performing assets. “Government’s interest is to reduce NPAs and recover outstanding loans from big, medium and small defaulters,” Finance Minister Pranab Mukherjee said in the Lok Sabha.
