Category Archives: News

Govt Key decisions on National Spot Exchange Limited related cases

By | July 24, 2016

Review Meeting held under Secretary, DEA to monitor the action taken by various investigating and enforcement agencies for violations of law, criminal offences and default in payments to investors on the platform of National Spot Exchange Limited (NSEL);Key decisions taken including efforts to set-up an independent Court to hear NSEL related cases on exclusive basis… Read More »

Prevention of corruption & Benami transactions Bills for 2nd week of Monsoon Session

By | July 24, 2016

Bills relating to Afforestation Fund, Prevention of corruption, Benami transactions, Whistle Blowers Protection on the agenda for second week of Monsoon session of Parliament Five Bills passed during first week of Monsoon session ; Government lines up four more Bills Following the productive first week of the current Monsoon session of Parliament during when five… Read More »

Impact of Brexit on the Indian economy.

By | July 23, 2016

Brexit Government has assessed the impact of Brexit on the Indian economy. Thus far, India has not only avoided adverse impacts, it has in fact emerged as a safe haven for investors around the world. For example, the rupee depreciated against the US dollar by around 1 per cent for one day post-Brexit referendum, while… Read More »

The Benami Transactions (Prohibition) Amendment Bill 2015

By | July 22, 2016

THE BENAMI TRANSACTIONS (PROHIBITION) AMENDMENT BILL, 2015 Introduced in Lok Sabha on 13.05.2015 FINANCIAL MEMORANDUM This Bill seeks to amend the law prohibiting benami transactions, holding property in benami and restricting right to recover or transfer property held benami, and providing mechanism and procedure for confiscation of property held benami. The Benami Transaction (Prohibition) Amendment… Read More »

Online Medical Report Facility in 4 hospitals

By | July 22, 2016

Online Medical Report Facility Online Registration System (ORS) is being implemented in various hospitals in States/UTs to provide online registration, online appointment services to citizens along with online viewing of medical test report on ORS portal by citizens. So far, it has been implemented in 43 hospitals. However, the module for online viewing of reports… Read More »

The Citizenship (Amendment ) Bill 2016

By | July 22, 2016

Bill No. 172 of 2016 THE CITIZENSHIP (AMENDMENT) BILL, 2016 Date of Introduction in Lok Sabha 19.07.2016 STATEMENT OF OBJECTS AND REASONS The Citizenship Act, 1955 was enacted to provide for the acquisition and determination of Indian citizenship. Under the existing provisions of the Act, persons belonging to the minority communities, such as Hindus, Sikhs,… Read More »

Cancellation Fee of Airlines

By | July 22, 2016

Cancellation Fee of Airlines Under the provision of prevailing regulation (Sub Rule (1) of Rule 135 of Aircraft Rules, 1937), every air transport undertaking engaged in scheduled air services is required to establish tariff having regard to all relevant factors, cost of operation, characteristics of service, reasonable profit and the generally prevailing tariff including the… Read More »

Reservation in promotion for differently-abled people

By | July 21, 2016

Reservation in promotion for differently-abled people Section 33 of the Persons with Disabilities (Equal Opportunities, Protection of Rights and full Participation) Act, 1995 (PWD Act, 1995) mandates every appropriate Government to appoint in every establishment such percentage of vacancies not less than 3% of persons with disability of which 1% each shall be reserved for… Read More »