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Government not planning to set up Institute of Resolution Professionals
GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 3941 ANSWERED ON MONDAY THE 28TH MARCH, 2022 CHAITRA 7, 1944 (SAKA) APPOINTMENT AS INSOLVENCY PROFESSIONALS QUESTION...
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CCI imposes penalties on Apollo Tyres, CEAT, MRF, JK Tyre, Birla Tyres & ATMA
GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 4074 ANSWERED ON MONDAY, THE 28TH MARCH, 2022 [CHAITRA 7, 1944 (SAKA)] COMPETITION COMMISSION OF INDIA QUESTION 4074....
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Measures taken by Govt to reduce compliance burden for corporate
GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO.4130 ANSWERED ON MONDAY, THE 28th MARCH, 2022 RELAXATION TO CORPORATES QUESTION 4130. SHRI N.K. PREMACHANDRAN: Will th...
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DGCA monitors airfares on certain routes on monthly basis
to ensure reasonable airfares Airfare capping is applicable on a rolling basis for a 15 days’ cycle Air fares are not regulated by the Governments. Under the provision of Sub Rule (1) of Rule 135, air...
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Share of MSMEs in exports to Russia and Ukraine
The share of Micro, Small and Medium Enterprises (MSMEs) export to Russia and Ukraine during the last three years is as follows: Value in USD Million India’s Export 2018-19 2019-20 2020-21 Value Value...
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473131 Indian Companies & 105643 LLPs befitted from CFSS & LLP Settlement Scheme
GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 1931 ANSWERED ON MONDAY, THE 14th MARCH, 2022 FRESH STARTUP AND LLP SETTLEMENT SCHEME QUESTION 1931: SHRIMATI VEENA D...
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Only debtors will be able to initiate proceedings under Special Insolvency Resolution Framework for MSMEs
GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 2773 ANSWERED ON MONDAY THE 21ST MARCH, 2022 PROCEEDINGS UNDER SPECIAL INSOLVENCY RESOLUTION FRAMEWORK QUESTION MS. D...
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Disproportionate haircuts by lenders to companies using IBC
GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 701 ANSWERED ON MONDAY THE 7TH FEBRUARY, 2022 MISUSE OF IBC QUESTION 701. SHRI DAYANIDHI MARAN: Will the Minister of...
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Job Creation Under Make In India
The ‘Make in India’ initiative was launched on 25th September, 2014 to facilitate investment, foster innovation, build best in class infrastructure, and make India a hub for manufacturing, design, and...
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CAIT seek investigation against Amazon for alleged illegal practices
Confederation of All India Traders “Vvapar Bhawan’ 925/1, Naiwala, Karol Bagh, New Delhi.110005. Phone: .91-11-45032664 Telefax: 91-11-45032665 17th March, 2022 Ref No.: 3377/1/50 Shri Rohit Kumar Sin...
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Govt e-Market portal touches annual procurement of INR 1 Lakh crore
The number of orders surpasses 31.5 Lakh in the current financial year with a growth rate of 22% In a short span of 5 years, GeM becomes one of the largest government e-procurement platforms in the wo...
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Report on CA, CMA and CS (Amendment) Bill, 2021
STANDING COMMITTEE ON FINANCE (2021-2022) SEVENTEENTH LOK SABHA ‘THE CHARTERED ACCOUNTANTS, THE COST AND WORKS ACCOUNTANTS AND THE COMPANY SECRETARIES (AMENDMENT) BILL, 2021’ (MINISTRY OF CORPORATE AF...
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Measures for timely disposal of commercial cases – Ease of doing Business
Ease of Doing Business Department for Promotion of Industry and Internal Trade (DPIIT), in coordination with Central Ministries/Departments, States and Union Territories (UTs), has spearheaded various...
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146 Central approvals enabled on NSWS portal
e-INVESTMENT Setting up of an Investment Clearance Cell (ICC) was announced in the Budget 2020-21 with the objective to provide “end to end” facilitation and support to investors, including pre invest...
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EPFO adds 15.29 lakh net subscribers during in January, 2022
The provisional payroll data of EPFO has been released today, i.e., 20th March 2022, which highlights that EPFO has added 15.29 lakh net subscribers during January 2022. Month-on-month comparison of p...
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Status of Industrial Corridors in India
The status of Chennai-Bengaluru (CBIC), Bengaluru-Mumbai (BMIC) and Hyderabad-Bengaluru (HBIC) is as under: 1. Chennai Bengaluru Industrial Corridor (CBIC): Three nodes namely Tumakuru in Karnataka, K...
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CAIT suggests Formation of Municipal Corporation in Delhi as in Mumbai
Confederation of All India Traders “Vvapar Bhawan’ 925/1, Naiwala, Karol Bagh, New Delhi.110005. Phone: .91-11-45032664 Telefax: 91-11-45032665 Ref. No.: 3375/1/50 14th March, 2022 Shri Hardeep Singh...
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Stop discriminate selling of medicines by e-commerce companies: CAIT
Confederation of All India Traders (An Apex Body of Trade Federation, Association & Non-Corporate Sector of India) “Vyapar Bhawan” 925/1, Naiwala, Karol Bagh, New Delhi-110005, Phone: +91-11-45032664,...
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Financial creditors realise 221% of liquidation value & 51% of admitted claims
Financial creditors realise 221% of liquidation value and 51% of admitted claims through corporate insolvency resolution process As per inputs received from the Ministry of Corporate Affairs (MCA), co...
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8.10% rate of interest for EPF subscribers for year 2021-22
The Central Board recommends 8.10% rate of interest to its subscribers for the year 2021-22 The 230th meeting of Central Board of Trustees, EPF was held today during the AKAM Iconic Week in Guwahati u...