Category - Business Law

FDI in E-Commerce

Enforcement Directorate conducts investigations under the Foreign Exchange Management Act, 1999 (FEMA) for possible contravention of FDI norms/ policy by various entities as and when any credible information is received in this regard. Based on the outcome of the investigation, appropriate action under the provision of FEMA is taken in such cases. With a view… Read More

India Aviation’ 2016 resonates well with our policy initiatives of ‘Make in India’

‘India Aviation’ 2016 resonates well with our policy initiatives of ‘Make in India’, ‘Stand up India’ and ‘Start up India’, says President The President of India, Shri Pranab Mukherjee inaugurated the 5thEdition of ‘India Aviation’ today (March 16, 2016) at Hyderabad. Speaking on the occasion, the President said India is at the threshold of taking… Read More

The Minutes of the Meeting of Committee for Technical and Financial Evaluation for selection of IT Application Development services Agency for startup India

The Minutes of the Meeting of Committee for Technical and Financial Evaluation for selection of IT Application Development services Agency for startup India The Committee for technical and financial evaluation for selection of Digital Amplification and social Analytics Agency met on 26th and 29th February,2016in Udyog Bhawan. The Committee took note of the Scope of… Read More

Rajya Sabha passed the Real Estate Regulator Bill

The Rajya Sabha passed the Real Estate Regulator Bill, which will help regulate the sector and bring in clarity for both buyersand developers. Here are 10 things you should know about this bill, touted as a key reform measure in the vast real estate sector. 1) It establishes the State Real Estate Regulatory Authority for that particular state as the… Read More

Aadhaar number for grievances complainants

Recently voluntary mentioning of Aadhaar Card Number has been introduced along with other relevant information for the purpose of lodging of Public Grievances on Centralized/Public Grievance Redress and Monitoring System (CPGRAMS) which is an online platform for lodging of Public Grievances. However, it is not mandatory and is purely voluntary for assisting in better resolving… Read More

Applications Invited For Recognition Of Inspecting Authority, Competent Authority, Well-Known Material Testing Laboratory, Well-Known Steel Maker, Well-Known Foundry/Forge, Well-Known Tube/Pipe Maker And Well-Known Remanent Life Assessment Organisation Under The Indian Boiler Regulation, 1950 (IBR)

APPLICATIONS INVITED FOR RECOGNITION OF INSPECTING AUTHORITY, COMPETENT AUTHORITY, WELL-KNOWN MATERIAL TESTING LABORATORY, WELL-KNOWN STEEL MAKER, WELL-KNOWN FOUNDRY/FORGE, WELL-KNOWN TUBE/PIPE MAKER AND WELL-KNOWN REMANENT LIFE ASSESSMENT ORGANISATION UNDER THE INDIAN BOILER REGULATION, 1950 (IBR) 1. With a view to promote third party inspection/ self-certification for ease of doing business, applications are invited from the eligible… Read More

Minority Affair’s Budget Increased by Over 87 Crores for 2016-17

Minority Affair’s Budget Increased by Over 87 Crores for 2016-17 Educational and Economic Empowerment Through Skill Development:Dr.Najma Heptulla For 2016-17, the Ministry of Minority Affairs has prioritized its focus areas in tune with the National priority for educational and economic empowerment through Skill Development.Dr. Najma Heptulla, the Union Minister for Minority Affairs said that almost… Read More

UNION BUDGET 2016

UNION BUDGET 2016

1. 1 per cent service charge on purchase of luxury cars over Rs. 10 lakh and in-cash purchase of goods and services over Rs. 2 lakh. 2. Income tax surcharge for having income Rs. more than 1 crore increased to 15% (previously 12%) 3. Deduction u/s 80GG for RENT payment increased upto Rs. 5,000/- per… Read More

More budget allocation for price stabilization fund to check prices of essential commodities

Incentives for pulses production will help farmers and consumers both- Shri Ram Vilas Paswan Minister of Consumer Affairs, Food and Public Distribution, Shri Ram Vilas Paswan has said that significant increase in budget allocation for price stabilization fund, from Rs. 500 crore to Rs. 900 crore, is a determined step to contain the prices of… Read More

Simplification and Rationalization of Taxation

Simplification and Rationalization of Taxation While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that the Government has already accepted many recommendations of Tax Administration Reform Committee. He further proposed to accept a number of recommendations of Justice Easwar Committee in Budget 2016-17. In order to… Read More

Reforms in FDI Policy in the Areas of Insurance and Pensions, Asset Reconstruction Companies, Stock Exchanges

Reforms in FDI Policy in the Areas of Insurance and Pensions, Asset Reconstruction Companies, Stock Exchanges 100% FDI to be Allowed Through FIPB Route in Marketing Food Products Produced and Manufactured in India While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that to promote private… Read More

Environment Minister’s Reaction to Union Budget 2016-17

‘Budget is Developmental and Transformational ’: Javadekar Environment Minister’s Reaction to Union Budget 2016-17 Minister of State (Independent Charge) of Environment, Forest and Climate Change, Shri Prakash Javadekar, has said that Union Budget 2016-17 is a developmental and transformational Budget. Making his comments soon after the Budget was presented in Parliament here today, Shri Javadekar… Read More

Highlights of Union Budget 2016-2017

Highlights of the Union Budget Speech of Hon'ble Finance Minister, Sh. Arun Jaitley on 29th Feb, 2016: -- Health Insurance Scheme being announced to benefit atleast 1/3rd of Indian Population -- Significant changes expected in the FDI policy -- Following are the 9 pillars of this Budget: a. Agriculture and farmers welfare b. Rural employment and… Read More

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