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Government to bring greater ease of living through technology
LED bulb mission method to be used to promote solar stoves and battery chargers Government to launch a massive programme of railway station modernization to make railway travel pleasant.Government aim...
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Debt recovery mechanism strengthened with enactment of IBC, 2016
Ministry of FinanceDebt recovery mechanism strengthened with the enactment of Insolvency and Bankruptcy Code (IBC), 2016Claims worth over Rs.1,73,000 crore settledNational Companies Law Tribunals bein...
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Issue of Fake Insurance Policies increases in FY 2018-19
Fake Insurance PoliciesThe Insurance Regulatory and Development Authority of India (IRDAI) has informed that as per the information provided by various insurers, the year-wise break-up of fake motor p...
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Government Reduces Rate of ESI Contribution from 6.5% to 4%
Reduced the salary contribution of industrial workers who are eligible for healthcare benefits under the Employees’ State Insurance Act (ESI) Act from 6.5% to 4%.Employees’ contribution slashed from 1...
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Cabinet approves Special Economic Zones (Amendment) Bill, 2019
Press Information Bureau Government of IndiaMinistry of Commerce & Industry12-June-2019 20:09 ISTCabinet approves the Special Economic Zones (Amendment) Bill, 2019 The Union Cabinet, chaired by the Pr...
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Aadhaar cannot be made compulsory unless provided by law
Making Aadhaar people friendly No individual to be compelled to provide proof of Aadhaar number unless provided by law Aadhaar number on voluntary basis to be accepted as KYC document Cabinet approves...
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CCI imposes penalty on Chemists & Druggists Association & Pharmaceutical Companies
Press Information Bureau Government of IndiaMinistry of Corporate Affairs06-June-2019CCI imposes penalty on Chemists and Druggists Association and Pharmaceutical Companies The Competition Commission o...
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Traders & Farmers to get pension coverage : Major Decision by Govt
In Some Major decisions Government has decided to give pension coverage to Traders, PM-KISAN Scheme extension to include all eligible farmer families irrespective of the size of land holdings and Pens...
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List of Ministers with Department allotted in Modi Government
RASHTRAPATI BHAVANPRESS COMMUNIQUEThe President of India, as advised by the Prime Minister, has directed the allocation of portfolios among the following members of the Union Council of Ministers:-Shr...
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Website of Lokpal inaugurated
Press Information Bureau Government of IndiaMinistry of Personnel, Public Grievances & PensionsDated: 16-May-2019Website of Lokpal inaugurated The Website of the Lokpal was inaugurated by the Chairper...
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GST FAQs for Real Estate; Deferment of Implementation of GST details in Form 3CD
A. CBIC has released 2 sets of FAQ on Real Estate on new GST Rate Structure: There has been number of issues reported by various stake holders on the new GST Rate Structure for Real Estate Sector. Con...
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Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) Guidelines, 2019
Insolvency Professionals to act as Interim Resolution Professionals andLiquidators (Recommendation) Guidelines, 201914th May, 2019Provisions in the Insolvency and Bankruptcy Code, 2016Section 16(3)(a)...
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Draft amendments to (Information Utilities) Regulations & Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations
IBBI Discussion Paper on Amendments to (i) the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017; and (ii) the Insolvency and Bankruptcy Board of India (Model Bye-Laws...
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Draft Corporate Insolvency Resolution Process and Regulations
Insolvency and Bankruptcy Board of India8th May, 2019Discussion Paper on Corporate Insolvency Resolution Process along with Draft RegulationsThis discussion paper assimilates the suggestions received...
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Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors), Rules, 2019
Invitation of Public Comments on the draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors), Rules, 2019.Government...
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Discussion Paper on Corporate Liquidation Process along with Draft Regulations
Insolvency and Bankruptcy Board of India27th April, 2019Discussion Paper on Corporate Liquidation Process along with Draft RegulationsThis discussion paper discusses various issues, that have been bro...
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Comment on Bankruptcy Process for Personal Guarantors to Corporate Debtors with Draft Regulations: IBBI
Insolvency and Bankruptcy Board of IndiaDate: 26th April, 2019Invitation of Public Comments: Bankruptcy Process for Personal Guarantors to Corporate Debtors along with Draft RegulationsThe Insolvency...
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Guidelines for Registration of Factory/Establishment under ESI Act 1948
The ESI Act, 1948 is applicable to all factories and notified establishments in an implemented area employing 10 or more employees employed for wages.a) For Factory:‑The threshold for coverage of “fac...
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IBBI clarifies on news item ‘Banks Recoveries from IBC Cases Falling’
IBBI/CIRP/406516th April, 2019ToThe Editor,Economic Times3rd Floor, Times of India BuildingOpposite CST Railway StationDr. D. N. RoadFort, Mumbai — 400001Dear Editor,This has reference to the article...
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Restricting on formation of LLP for manufacturing activities withdrawn: MCA
Manufacturing & allied activities were restricted in LLPs vide OM No. CRC/LLP/e-Forms dated 06.03.2019. This OM invoking the restriction regarding manufacturing & allied activities has been withdrawn...