Worried about a steep rise in service tax when the goods and services tax (GST) is rolled out, the government is considering a two-rate structure to minimize the impact on consumers. Key services may be taxed at a lower rate to give relief to consumers who saw the levy increase to 14% this year from… Read More
The Insurance Regulatory and development Authority of India has issued Master Circular No.IRDA/LIFE/CIR/MISC/147/08/2015 dated 13th August, 2015. The Master Circular has been issued to ensure that the insurers do not indulge themselves into unfair trade practices in the market place and repose the confidence of the public. As it is very difficult for the public… Read More
The retirement fund body which has over 6 lakh subscribers and manages a corpus of Rs. 6.5 lakh crore has allowed the small firms whose statutory contribution does not exceed Rs. 1 lakh are allowed to make payments of the Provident Fund dues of the employees though local cheques, banker™s draft till December 2015 this… Read More
Government is planning over to call a special session of Parliament sometime in the second week of September to pass the Constitution (One Hundred and Twenty Second) Amendment Bill, 2015 or the Goods and Services Tax Bill- and is in talks with all political parties to get the requisite 2/3 majority in Rajya Sabha where… Read More
The Law of Copyright:- Copyright is a right which gives exclusive rights to the creator for their original and artistic work. Thus the laws have been enacted primarily keeping the objective in mind. Immediately after independence a separate law was enacted exclusively on the copyrights and the necessity of such a law was described by… Read More
The most frequently-occurring type of disagreement in Indian real estate industry is land dispute. Cases range from of illicit land trespassing and illegal land sales to instances of purchase of land where no actual purchase tale place and due to which frauds come into picture. The real estate market has historically been plagued by such… Read More
The national policy for domestic workers is likely to be presented before the Union Cabinet soon.Those hiring a full-time domestic help might soon have to pay them a minimum salary of Rs 9,000 per month, compulsory paid leave of 15 days a year, and maternity leave to boot. To safeguard the interest of domestic workers,… Read More
A petition, signed by over 15,000 people, including some of the top industrialists of India, that had appealed to the Congress-led Opposition to end the disruptions in the Rajya Sabha to pass the Goods and Services Tax (GST) Constitutional Amendment Bill led to more protests in the Upper House and got jettisoned. The government might… Read More
The fate of the Goods & Services Tax (GST) Constitutional Amendment Bill, 2014 is totally dependent upon how the things go on in the parliament for the next two days before the monsoon session of the parliament comes to an end and the Upper House can take up and clear the Bill, so that it… Read More
The President of India had brought the major important amendments by passing the Negotiable Instruments (Amendment) Ordinance, 2015 dated 15th June, 2015 despite of the parliament not being in session but it was necessary in the interest of the stakeholders to pass the same on a speedy basis.The ordinance shall come into force at once.… Read More
A Bill seeking to set up a regulatory authority having powers to recall products and cancel licences of defaulting companies got introduced in Lok Sabha yesterday. The new Bill seeks to create a Consumer Protection Authority which will also have the power to initiate class action suits against defaulting companies which will provide the ease… Read More
When you are looking to get into an online casino in Canada, you are going to find that they are not the same as the ones that you would find down south. When you are looking to play online, you will find that you do not need to have a credit card. This makes it… Read More
The civil aviation ministry is considering a plethora of monetary incentives for stakeholders across the country™s fledging aviation industry to reduce operating costs for aviation players. The objective behind the same is to enable the common man to fly at least once a year.The concessions are part of the draft aviation policy that is awaiting… Read More