SEBI working with Finance Ministry on new framework on ‘algorithm trading’
The Securities and Exchange Board of India (SEBI), in consultation with the Finance Ministry, is expected to reissue fresh guidelines on high-frequency
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E-Way Bill facility for transporters and manufacturers effective from February 1, 2018
Transporters and manufacturers were given the facility to use the E-Way Bill on a trial basis till the end of January before
Continue readingCBDT notifies important procedural aspects while conducting e-assessment
Sub-section (23C) of Section 2 of the Income-tax Act, 1961 (Act), applicable from 01.06.2016, provides that “hearing” includes communication of data and
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Justice Abdulqawi Ahmed Yusuf elected as the President of ICJ
International Court of Justice: The International Court of Justice on 06.02.2018, as per Article 29 of the Court’s Statute, elected Justice Abdulqawi
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Government amends Housing Scheme Guidelines to augment its coverage
The Housing and Urban Affairs (HUA) Ministry has amended the guidelines of housing scheme for urban areas under Pradhan Mantri Awas Yojana
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Relief for MSME borrowers registered under GST
Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day
Continue readingRBI releases harmonized definitions of data elements covered in banking/regulatory returns
Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/profit and loss/off-balance
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Aadhaar Hearing [Day 9]: We can have an ID card, but authentication should be optional: Kapil Sibal
On Day 8, Senior Advocate Kapil Sibal continued his submissions before the 5-judge bench of Dipak Misra, CJ and Dr. AK Sikri, AM
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Cabinet approves change in classification criteria of Micro, Small and Medium Enterprises (MSMEs)
The Union Cabinet has approved change in the basis of classifying Micro, Small and Medium enterprises from ‘investment in plant & machinery/equipment’
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Aadhaar Hearing [Day 8]: Aadhaar violates the right to equal treatment: Kapil Sibal
On Day 8, Senior Advocate Kapil Sibal continued his submissions before the 5-judge bench of Dipak Misra, CJ and Dr. AK Sikri, AM
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Aadhaar Hearing [Day 7]: Shyam Divan concludes his submissions; Kapil Sibal argues on abuse of power
On Day 7 of the Aadhaar hearing, Senior Advocate Shyam Divan summed up his submissions before the 5-judge bench of Dipak Misra, CJ
Continue readingJustice Antony Dominic appointed Chief Justice, Kerala High Court
The President in exercise of the powers conferred by clause (1) of Article 217 of the Constitution of India, appointed Shri Justice
Continue readingJustice Ajay Rastogi appointed Chief Justice of Tripura High Court
The President in exercise of the powers conferred by clause (1) of Article 217 of the Constitution of India, appointed Shri Justice
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RBI permits overseas branches/subsidiaries of Indian banks to refinance External Commercial Borrowings
Refinancing of External Commercial Borrowings A.P. (DIR Series) Circular No. 15 Attention of Authorized Dealer Category – I (AD Category
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Summary of Budget 2018-19
Government says that it is firmly on course to achieve high growth of 8% plus as manufacturing, services and exports are back
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Aadhaar Hearing [Day 6]: Shyam Divan argues on the issues of Identity and Savings; To conclude his submissions on next date
On Day 6 of the Aadhaar hearing, Senior Advocate Shyam Divan continued his submissions before the 5-judge bench of Dipak Misra, CJ and
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National Medical Commission to replace MCI
The National Medical Commission Bill, 2017, which has been cleared by the Cabinet, is set to replace the existing Medical Council Act,
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National Pharmaceutical Pricing Authority eases norms for new drug approvals
After a major slowdown, new drug approvals are likely to pick up after the National Pharmaceutical Pricing Authority (NPPA) decided to de-link
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Nil GST compensation cess rate on old and used motor vehicles notified
G.S.R. 93(E).- In exercise of the powers conferred by sub-section (2) of Section 8 of the Goods and Services Tax (Compensation to
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Economic Survey 2017-18: Coordinated action between Government and Judiciary to boost economic activity- Ease of doing business
The Economic Survey 2017-18 focuses on the need to address the issues of pendency, delays and backlogs in the appellate and judicial
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