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 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 : The article explains CDSCO compliance requirements, applicable laws, approvals, and post-approval obligations for regulated health...
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...
Opening up more options for travellers seeking details of train services, Indian Railways have started an SMS service on the 139 passenger information system. The service would enable one to know the passenger name record status, current train running positions, accommodation and availability and fare enquiry. “All that a passenger needs to do is SMS the queries […]
The Central Government has notified from on 20th May, 2009, the provisions of the Competition Act, 2002 relating to anti-competitive agreements (section 3) and abuse of dominant position (section 4) alongwith other related and miscellaneous provisions. This will enable the Competition Commission of India to enforce these provisions of the Competition Act, 2002. The Central Government has also notified the […]
Markets have stopped trading for the day as the benchmarks hit another upper circuit Monday as soon as the trade resumed after 2 hour break. Investors are euphoric after the United Progressive Alliance emerged victorious in the 2009 general elections. Bombay Stock Exchange’s Sensex was locked at 14272.62 up 2099.21 points or 17.24 per cent. National Stock Exchange’s […]
The Delhi High Court has held that the media cannot be restrained from reporting confidential information of a company pertaining to its up coming projects and dealings with other companies. “In the case of a corporate entity, unless the news presented is of such a sensitive nature that its business or very existence is threatened […]
The corporate affairs ministry is planning to have a single registrar of companies (RoC) in Delhi for the registration purpose of all companies in India. According to a senior corporate affairs ministry official, “There is no geographical constraint for the registration purpose of a company anywhere in India as there is no direct interface with […]
EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2008 CIRCULAR NO. 1/ 2009, DATED 27th MAR, 2009 46. Discontinuation of Banking Cash Transaction Tax 46.1 The Banking Cash Transaction Tax (BCTT) was introduced by the Finance Act, 2005. It provides for a levy at the rate of 0.1 per cent (10 basis points) on […]
Export obligation period: As per para 4.22 export obligation shall be fulfilled within 24 month from date of authorisation. In view of ongoing recession the period to fulfill export obligation has been changed to 36 months. It is not clear from the policy whether extension of Export Obligation Period of 36 months is permissible for the existing licenses or is permissible for the licenses which will be issued in future. One will have to wait for clarification in this respect.
The finance ministry has agreed on a one-year moratorium on repayment of term loans taken by textile units for technology upgrade. The move will benefit domestic textile manufacturers, which are facing falling profitability due to slowing demand for their products. “The department of financial services and finance secretary (Arun Ramanathan) have agreed to loosen the […]
Exports of garments and all leather items to the European Union and the US from April 1 this year will be entitled to a two per cent incentive from the Government. This incentive will be available for exports up to the end of September 2009. They will come in the form of duty-free credit scrips […]
A Birth Certificate is the most important identity document that makes it possible for anyone in possession of it to benefit from a gamut of services offered by the Indian Government to its citizens. It becomes necessary to obtain a Birth Certificate because it serves to establish the date and fact of one’s birth for […]
