Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 received the assent of President on 26.05.2015. The
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Committee constituted to revisit and revitalize the PPP mode of infrastructure development
On 26.05.2015, a Committee to revisit and revitalize the PPP mode of infrastructure development was constituted. The Committee comprises of 10 members,
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Warehousing Corporations (Amendment) Act, 2015
The Warehousing Corporations (Amendment) Act, 2015 received the assent of the President on 13.05.2015. The Act amends the Warehousing Corporations Act, 1962
Continue readingSuggestions sought on the draft scheme of the proposed amendment for Computation of Arm Length Price in the Income-tax Act
On 22.05.2015, the Ministry of Finance uploaded the draft outlines of the new scheme of the Finance Act, 2014, which amended the
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Suggestions sought on Land Acquisition Bill, 2015
On 23.05.2015, the Joint Parliamentary Committee, under the Chairmanship of Shri S.S. Ahluwalia, sought views/ suggestions from various public bodies, organizations, associations,
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Repealing and Amending (Second) Act, 2015
The Repealing and Amending (Second) Act, 2015 received the assent of the President on 14.05.2015. The objective of the Act is to
Continue readingCompanies (Amendment) Act, 2015
The Companies (Amendment) Act, 2015 received the assent of the President on 25.05.2015. The Act amends the Companies Act, 2013 (referred hereto
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Benami Transactions (Prohibition) Amendment Bill, 2015
On 13.05.2015, the Benami Transactions (Prohibition) Amendment Bill, 2015 was introduced in Lok Sabha. The Bill seeks to amend the Benami Transactions
Continue readingRegional Rural Banks (Amendment) Act, 2015
On 12.05.2015, the Regional Rural Banks (Amendment) Act, 2015 received the assent of the President. The objective of the Act is to
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Negotiable Instruments (Amendment) Bill, 2015
On 06.05.2015, the Negotiable Instruments (Amendment) Bill, 2015 was introduced in Lok Sabha. The objective of the Bill is to amend the
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Increased rate of Service tax will become applicable from 1 June 2015
On 20.05.2015, the Central Government notified that the increased rate of Service tax i.e., 14% would become applicable from 01.06.2015. The Finance
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Finance Act, 2015
On 14.05.2015, the Finance Act, 2015 received the assent of the President. The Act provides for various amendments in the Income Tax
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‘Disturbed area’ along the borders of State of Assam notified by the Central Government
On 05.05.2015, the Central Government in exercise of the powers conferred by Section 3 of the Armed Forces (Special Powers) Act, 1958
Continue readingChild Labour (Prohibition & Regulation) Amendment Bill, 2012
On 13.05.2015, the Union Cabinet, chaired by the Prime Minister, gave approval for moving official amendments to the Child Labour (Prohibition &
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Draft Telecom Consumers Protection (Eighth Amendment) Regulations, 2015
On 29.04.2015, TRAI released draft “Telecom Consumers Protection (Eighth Amendment) Regulations, 2015” for inviting comments of Stakeholders and public by 12.05.2015. The
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‘Prime Minister Award for excellence in public administration’ conferred on Income Tax Department
On 21-04-2015, the Income Tax department was awarded the ‘Prime Minister Award for excellence in public administration’ for ‘Easy Tax Compliance through
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Suggestions sought on the draft Mineral (Auction) Rules, 2015
The Ministry of Mines prepared draft Mineral (Auction) Rules, 2015 for enabling auction of the mineral concessions as provided under the MMDR
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The National Judicial Appointments Commission Act, 2014 and the Constitution (Ninety Ninth Amendment) Act, 2014 notified, collegium system of appointing judges comes to an end
On 13.04.2015, the Ministry of Law and Justice notified the National Judicial Appointments Commission Act, 2014 (NJAC Act) and the Constitution (Ninety
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Committee constituted by HRD Ministry to recommend suggestions to strengthen UGC
As UGC has been created by an Act of the Parliament and cannot be unilaterally scrapped, the Ministry of Human Resource Development
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Procedure for appointment of Non Official Directors (NODs) on the Boards of Public Sector Banks, Insurance Companies and Financial Institutions amended by the Government
On 01-04-2015, the Government of India amended the procedure for appointment of Non Official Directors (NODs) on the Boards of Public Sector
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