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Government has allowed Foreign Investment up to 100% in White Label ATM (WLA) operations, subject to the following conditions:- (i) Any non-bank
Continue readingThe Government is contemplating to revise the tax treaties with partner countries to enable the Central Bureau of Investigation (CBI) and Enforcement
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Demonstrating zero tolerance to unauthorized websites and mobile applications providing Aadhaar related services illegally by charging excessive money from the public, Unique
Continue readingA Financing Agreement for IDA credit of US$ 201.50 million (equivalent) for the “Third Technical Education Quality Improvement Programme (TEQIP III)” was
Continue readingThe Union Minister for Finance and Corporate Affairs, Shri Arun Jaitely while presenting the General Budget 2017-18 in Parliament said that the
Continue readingThe salient features of Direct Tax proposals in the Union Budget 2017 are summarised below: I. Affordable Housing 1. Three concessions in
Continue readingHighlights: Total expenditure in Budget for 2017-18 has been placed at Rs 21.47 lakh crores and this is expected to have multiplier
Continue readingThe Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (hereinafter ‘the Scheme’) provides an opportunity to persons having undisclosed income in
Continue readingThe Economic Survey 2016-17 tabled in Parliament by the Union Finance Minister Shri Arun Jaitley has advocated the concept of Universal Basic
Continue readingThe Indian Economy has sustained a macro-economic environment of relatively lower inflation, fiscal discipline and moderate current account deficit coupled with broadly
Continue readingThe Income Tax Department (ITD) has initiated Operation Clean Money. Initial phase of the operation involves e-verification of large cash deposits made during
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The Union Cabinet has given its approval to ratify the Second Commitment Period of the Kyoto Protocol on containing the emission of
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The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to notify inclusion/Amendments in the Central List
Continue readingIndia participated in the Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) meeting held in Paris on 16th and 17thJanuary 2017
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In pursuance of the order of Hon’ble Supreme Court dated 09.12.2016 in the matter of Writ Petition (Civil) No. 855 of 2016,
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Government has laid down specific timeline for completing enquiry against officers and members of All India Services (AIS) within a given deadline,
Continue readingAmendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 The Government of India, in consultation with the Reserve Bank of India,
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The Ministry of Corporate Affairs had set up four Working Groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016. The
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Supreme Court: Modifying the earlier order, the Court said that a person will now be disqualified if he or she has been an
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The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to exclude State Governments States/UTs (with Legislature)
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