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Make in India and Startup India -Achievements & Salient features

March 10, 2021 16491 Views 0 comment Print

Make in India is an initiative which was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. The development of a robust manufacturing sector continues to be a key priority of the Indian Government.

378 SEZs are presently notified, out of which 265 are operational

March 10, 2021 954 Views 0 comment Print

Ministry of Commerce & Industry 378 SEZs are presently notified, out of which 265 are operational Posted On: 10 MAR 2021 The Special Economic Zones (SEZs) policy was launched in April, 2000.  The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005.  The […]

Major reforms implemented to boost domestic manufacturing

March 10, 2021 564 Views 0 comment Print

The Government has implemented major reforms in the last one year to boost domestic manufacturing, industrial production and GDP growth. Production-Linked Incentive (PLI) Scheme in 13 key sectors, under the aegis of Aatma Nirbhar Bharat, have been announced for enhancing India’s manufacturing capabilities and exports.

Guidelines for Appointment of IP As Administrators under SEBI Regulations

March 10, 2021 948 Views 0 comment Print

Guidelines For Appointment of Insolvency Professionals As Administrators Under The Securities And Exchange Board Of India (Appointment Of Administrator And Procedure For Refunding To The Investors) Regulations, 2018 Insolvency and Bankruptcy Board of India 9th March 2021 The Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, […]

Govt receives 81 complaints related to levying of Service Charge by restaurants etc.

March 10, 2021 627 Views 0 comment Print

During the year 2020, 81 complaints related to levying of Service Charge by restaurants, pubs and hotel have been received at National Consumer Helpline. All the complaintswere taken up with the respective Hotels/ Restaurants for appropriate redressal.  The response received from the Hotels/Restaurants were thereafter conveyed to the complainants.

Value of IPL Ecosystem Decreased by 3.6% in 2020

March 10, 2021 987 Views 0 comment Print

Value of IPL Ecosystem Decreased by 3.6% in 2020, Reveals IPL Brand Valuation Report from Duff & Phelps, A Kroll Business Key report findings include: ♣ The IPL ecosystem value has decreased by 3.6% to INR 45,800 crore in 2020 from INR 47,500 crore in 2019. ♣ Mumbai Indians retained the top spot in the […]

Consultation Paper on Proposed IFSC Authority (Issuance & Listing of Securities) Regulations, 2021

March 10, 2021 1527 Views 0 comment Print

Consultation Paper on Proposed International Financial Services Centres Authority (Issuance and Listing of Securities) Regulations, 2021

IAMAI Urge Government against ban on Cryptocurrency & to build consensus 

March 10, 2021 657 Views 0 comment Print

IAMAI today appealed to the Government of India not to ban cryptocurrency, proposing to develop robust mechanisms to regulate the ecosystem. Cryptocurrency has been generating jobs across a variety of functions — legal, compliance, tech, marketing, business development, finance, etc. — in India and abroad. Given the scale and diversity, the good governance and regulation of the cryptocurrency ecosystem in India is critical and will give impetus to the Government of India’s Digital India vision. 

DGGI Gurugram officials arrest 2 for GST Fraud of Rs 690 crore

March 9, 2021 8472 Views 0 comment Print

Both the accused, resident of Sirsa, Haryana, had relocated to Nepal in a bid to escape being caught and to perpetuate the fraud. After a tip off they were nabbed and were found to be in possession of huge incriminating documents and gadgets in the form of multiple laptops, multiple smart phones, debit cards, PAN and Aadhar details of multiple persons, multiple notary stamps etc.

GST compensation shortfall released to States reaches Rs. 1.06 lakh crore

March 9, 2021 522 Views 0 comment Print

The Ministry of Finance, Department of Expenditure has released the 19th weekly instalment of Rs. 2,104 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs. 2,103.95 crore has been released to 7 States and an amount of Rs. 0.05 crore has been released to the Union Territory of Puducherry.

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