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Fema / RBI : The article explains the major reasons behind the weakening rupee, including rising dollar demand, foreign investment outflows, an...
Corporate Law : The article discusses how fears of parent-dominated governance structures prompted concerns about loss of autonomy in private scho...
Corporate Law : The article clarifies that ASISSE notices are issued by NSO under MoSPI only for statistical data collection and have no connectio...
Corporate Law : The constitutional safeguard under Article 20 prevents authorities from imposing harsher punishments than those prescribed when th...
Corporate Law : The article explains how ecofeminism connects environmental exploitation with gender-based domination and violence. It argues that...
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 initiative addresses delays in disaster communication across regions. The system enables instant, geo-targeted alerts using mo...
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...
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 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...
Corporate Law : The Central Government increases minimum wage rates by revising the Variable Dearness Allowance, effective October 1, 2024, aiding...
The large PSBs having balance sheet size (assets + liabilities) of above Rs. 1 lac crore each to exercise managerial autonomy in regard to appointment of SBAs also from the year 2008-09 onwards. Thus, State Bank of India, Allahabad Bank, Bank of India, Bank of Baroda, Canara Bank, Central Bank of India, Indian Overseas Bank, […]
Qualified professionals of Indian origin, including doctors, dentists, pharmacists, engineers, architects, lawyers, chartered accountants can practise in India, Prime Minister Manmohan Singh said on Thursday, while inaugurating the 7th Pravasi Bharatiya Divas. “The Overseas Indian Citizenship Scheme, which had been announced in 2006, has elicited an overwhelming response. I am therefore happy to announce that […]
Government will consider “topping up” the stimulus packages for the industry reeling under the impact of global downturn, Commerce and Industry Minister Kamal Nath said on Monday. “There are sectors not doing well and we are addressing those sectors by ensuring liquidity…perhaps another relief package for them which puts them in a level playing field […]
The cases of appointment of administrators in co-operative housing societies are increasing.Generally the Deputy/Assistant Registrar of co-operative societies (“the Registrar”) appoints an administrator upon complaint(s) from member(s) of the society, if he finds that it is a fit case to expell the managing committee of the society. Such an action, may invite mixed reactions from […]
Government on Friday gave the economy a second stimulus by enabling the industry to borrow more from abroad and FIIs to invest more in the country, besides stepping up public spending. The package, the last for the current financial year and announced in tandem with rate cuts by RBI, aims at providing much higher and […]
The Supreme Court has held that only a court in whose jurisdiction an offence of cheque bounce was committed could try the offence under the Negotiable Instruments Act. The court set the guideline as it found that there were numerous instances where complaints were being filed at more than one place to harass the drawer […]
6.15 As noted earlier, there was a judicial opinion that on distribution or division or allotment of assets to partners by the firm on dissolution or otherwise there resulted no gain exigible to tax, however, by incorporating Section 45(3) and 45(4), the legislature has declared its intention in clear terms that partners and the firm are two independent entities not only for the purposes of assessment but also for the purpose of determining the charge of income tax
The government on Saturday relaxed the ban on export of cement in the backdrop of waning demand for this crucial construction input from the real estate sector. The ban was imposed on April 11 this year to curb the rapidly-rising inflation.
Concerned by the delay in announcement of the second economic stimulus package, the commerce ministry has asked the committee of secretaries headed by Cabinet secretary KM Chandrashekhar for speedy intervention.
The Department of Commerce has completed most of the procedures related to setting up special economic zones online to streamline various operations regarding these industrial enclaves.These steps will not only help the developers of the tax-free zones apply through a website but will enable them to track the status of their applications in real time.
