User: prs Topic: Legal-News
Category: Acts
Last updated: Aug 31 2016 08:08 IST RSS 2.0
 
21 to 40 of 61,205    
Interest rate setting to get complicated in the next one year 29.8.2016 ET: Economy/Finance
The central bank which will move to an interest rate setting by a Monetary Policy Committee of six members including the Governor, is for the first time admitting that forecasting inflation could be complicated.
Also found in: [+]
GST will make consumer goods cheaper, boost jobs: CBEC 29.8.2016 ET: Policy
The long-pending Constitution Amendment Bill that will pave the way for rollout of GST, a new uniform indirect tax regime, was passed by Parliament earlier this month.
Also found in: [+]
Notification of Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains, and for the encouragement of mutual trade and investment between India and Mauritius 29.8.2016 Govt of india: PIB
The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains between India and Mauritius was signed by both countries on 10th May, 2016.
Also found in: [+]
GST will make consumer goods cheaper, boost jobs: CBEC 29.8.2016 DNA: Money
Spelling out benefits of the Goods and Services Tax (GST), the revenue department said it will make consumer goods cheaper, increase consumption and generate more employment by enhancing economic activity. "... (GST will) create a unified common national market for India, giving a boost to foreign investment and Make in India campaign," the Central Board of Excise and Customs (CBEC) said in an advertisement in major newspapers. Seeking to apprise the general public of the benefits of GST for the economy, CBEC said exemption for a majority of small retailers will make "products cheaper for consumers". Besides, the new tax regime will result in increased economic activity and generate more job opportunities. The long-pending Constitution Amendment Bill that will pave the way for rollout of GST, a new uniform indirect tax regime, was passed by Parliament earlier this month. GST will replace more than a dozen levies of central and state levies, including central excise, service tax and sales tax as well as ...
Also found in: [+]
Ms. Penny Pritzker, U.S. Secretary of Commerce calls on the Union Finance Minister Shri Arun Jaitley: Both the leaders discussed the measures to increase the bilateral trade among the two countries. 29.8.2016 Govt of india: PIB
The Union Finance Minster Shri Arun Jaitley said that many Indian States are growing at the rate of 10-11 per cent and the trade dialogue between the States and the US investors and companies can help in giving boost to the bilateral trade between India and US.
Also found in: [+]
50% of states expected to approve GST by early September 29.8.2016 ET: Policy
Once 16 states ratify the Constitution amendment, and the President notifies it, the stage will be set for formation of the GST council.
Also found in: [+]
Govt to set up panel to discuss surge pricing issues for Ola, Uber, others 29.8.2016 DNA: Urban Tales
Transport ministry is setting up a high-level committee to look into various issues pertaining to taxi operators, including existing permits and surge pricing by app-based service providers like Ola and Uber. The panel is being constituted as per the direction of the Delhi High Court (HC) which fixed August 22 as the deadline after which such entities and other taxi operators were not allowed to charge the passengers more than the government-fixed rates. "A committee has been constituted to examine all the relevant issues related to the existing permits given to black/yellow taxis, radio taxis, aggregators etc," said a road transport and highways ministry official. The 12-member panel will be headed by road transport and highways secretary Sanjya Mitra and will also address the issue of surge pricing by app-based aggregators and other taxi service providers. The August 22 deadline was fixed after Uber said in the HC that it needed 10 days to make the changes to its software to ensure the passengers are ...
Also found in: [+]
To shield voters, booth-wise results to remain a secret 29.8.2016 TOI: India
In a major electoral reform aimed at protecting the secrecy of votes and shielding voters from potential harassment, the government has decided to discontinue the practice of revealing booth-wise results within constituencies.
Also found in: [+]
Publicity of cases brings transparency; Supreme Court has always favoured it 29.8.2016 TOI: India
Also found in: [+]
50% of states likely to give nod to GST by early September 29.8.2016 TOI: India
With half the state legislatures expected to ratify the Constitution amendment bill to roll out goods and services tax (GST) by early September, the Centre is now moving to the next stage — deciding on the contentious issue of fixing the rates — so that the ambitious reform initiative is in place by April.
Also found in: [+]
Anti-trafficking draft bill: Why the proposed bill is a feast for traffickers, sex traders 28.8.2016 DNA: Recent Columns
The third draft of the proposed central law against human trafficking released by the Union Ministry of Women and Child Development raises serious questions on whether the changes suggested have been fully thought through, given their far reaching implications not only for victims of trafficking but for society as a whole. Since the ministry has asked for public comments and feedback one finds it necessary to red-flag the problematic issues in the draft. The Ministry in November 2015 constituted a committee composed of several bureaucrats, Ravi Kant of Shakti Vahini (New Delhi), Sunita Krishnan of Prajwala (Andhra Pradesh), Ajit Singh of Gudia (Varanasi-UP), and Roop Sen of Sanjog (Kolkata). The panel included two experts: Chair-Professor, TISS, Mumbai Dr PM Nair and a representative from National Legal Services Authority (NALSA). The panel was expected to: ·  study the various acts/legislations under the purview of different ministries/departments relating to various aspects of trafficking;   · consider ...
Also found in: [+]
Government may advance Parliament session to get GST laws approved 28.8.2016 TOI: India
Eager to meet the April 1 target to roll out the landmark Goods and Services Tax (GST), the government may advance Winter Session of Parliament by a fortnight to get supporting legislations passed, leaving sufficient time for implementation of the new indirect tax regime.
Also found in: [+]
On land compensation, BJP stages walkout in Himachal Pradesh assembly 28.8.2016 TOI: India
Also found in: [+]
MNS leader held for selling "beef" in Ambernath 28.8.2016 TOI: Cities
The Ambernath police on Sunday morning raided a shop owned by Yusuf Shaikh, vice president of Maharashtra Navnirman Sena party in Ambernath and seized beef and rescued two animals that include a cow and a buffalo.
Also found in: [+]
Govt may advance Parliamentary winter session to get GST laws approved 28.8.2016 DNA: Opinion
Eager to meet the April 1 target to roll out the landmark Goods and Services Tax (GST), the government may advance the Winter Session of Parliament by a fortnight to get supporting legislations passed, leaving sufficient time for implementation of the new indirect tax regime. Winter Session of Parliament is normally convened in the third or fourth week of November but this year the government is looking at starting the month-long session immediately after the end of festive season. An early Winter Session would help get the Central GST (CGST) and Integrated GST (IGST) legislations, that will pave way for the Goods and Services Tax (GST), to be approved within November or latest by early December, government officials said. The two are supporting legislations to the Constitutional Amendment Bill approved in the Monsoon Session of Parliament. Requiring ratification by half of the 31 states for it to become a law, the Constitution Amendment Bill has already been ratified by 8 state assemblies including ...
Also found in: [+]
The Union Finance Minister Shri Arun Jaitley delivers the Valedictory Address at the Conference on 'International Arbitration in BRICS; FM calls for larger Economic and Trade cooperation amongst BRICS Nations; Asks them to set-up a Task Force of experts and officers to explore possibilities for setting-up world class Arbitration Centers among others. 27.8.2016 Govt of india: PIB
The Union Finance Minister Shri Arun Jaitley delivers the Valedictory Address at the Conference on 'International Arbitration in BRICS; FM calls for larger Economic and Trade cooperation amongst BRICS Nations; Asks them to set-up a Task Force of experts and officers to explore possibilities for setting-up world class Arbitration Centers among others.
Also found in: [+]
BJP demands withdrawal of culpable homicide cases against Govinda Mandals 27.8.2016 TOI: India
Also found in: [+]
Subramaian Swamy targets GST Network again; will write to Amit Shah, BJP CMs 27.8.2016 DNA: Opinion
Sharpening his attack against GSTN, the company set up to create IT backbone for GST rollout, BJP MP Subramanian Swamy said he will write to party president Amit Shah and chief ministers of BJP-ruled states to oppose its structure. "I am writing to Amit Shahji and all BJP chief ministers that while ratifying the constitutional amendments for GST Bill, they should oppose GSTN," Swamy tweeted. So far, eight states have ratified the GST Constitutional Amendment Bill. These include 5 BJP-ruled states -- Assam, Chhattisgarh, Jharkhand, Gujarat and Madhya Pradesh. The Goods and Services Tax Network (GSTN) is the special purpose vehicle that was formed under the previous UPA regime to set up the information technology framework for rolling out the indirect tax regime that will replace a string of local levies. According to Swamy, the equity structure of GSTN is "anti-national". The government of India holds 24.5% stake in GSTN while state governments, including NCT of Delhi and Puducherry, and the Empowered ...
Also found in: [+]
Full text: Raghuram Rajan talks about recent changes to debt market norms 27.8.2016 DNA: Popular News
Outbound RBI Governor Raghuram Rajan gave a speech at the Foreign Exchange Dealers' Association of India in Mumbai on Friday. In his speech, he spoke about the central bank's recent moves to deepen the corporate bond markets and the forex markets, the apex bank's "recent successes, as well as failures, and our ambitions for the future." Rajan would be stepping down as the RBI governor on September 4, when his three-year term comes to an end. Current deputy governor Urjit Patel will take his place at the helm. Here's the full text of the speech: Thank you for inviting me to speak to FEDAI. In the last few weeks, in successive speeches, I have outlined the RBI’s approach to inflation, distressed debt, financial inclusion, and banking sector reform. I want to speak today about debt markets and associated derivatives; why we need them to be deep and liquid, why, in addition to central and state governments, we need riskier firms and projects to be able to access the bond markets for funds, why we need to ...
Also found in: [+]
France: Burkini ban overturned but debate exposes division within govt 27.8.2016 DNA: Popular News
A French court on Friday suspended a ban on women wearing full-body "burkini" swimsuits on a Mediterranean town's beach but the prime minister said the debate was not over, calling the outfit a symbol of a "backwards, deadly Islamism". The Council of State's ruling against the resort of Villeneuve-Loubet is expected to set a precedent for the dozens of French towns that have also laid down such bans. It said Villeneuve-Loubet's ban had "seriously infringed, in a manner that was clearly illegal, fundamental liberties such as the freedom to come and go, religious freedom and individual freedom". The burkinis did not pose any threat to public order, said the council, which is France's highest administrative court. The ban had been imposed on the grounds that wearing burkinis contravened French laws on secularism. It followed a series of deadly attacks by Islamist militants in Paris, Nice and elsewhere in the past 20 months that shocked the world but also raised questions about the place of France's large ...
Also found in: [+]
21 to 40 of 61,205