Category: Government
Banking Regulation (Amendment) Ordinance 2020 promulgated by President to extend RBI powers to Co-operative Banks President of India Promulgates Banking Regulation (Amendment) Ordinance, 2020 Amendments to ensure better management & sound regulation of Cooperative banks. Facilitates making of reconstruction/amalgamation Scheme in the interest of public/depositors/banking/proper banking company management …
Govt. notifies Floating Rate Savings Bonds 2020 (Taxable) – FRSB 2020 (T) MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi, the 26th June, 2020 Floating Rate Savings Bonds,2020 (Taxable) –FRSB 2020 (T) S.O. 2123(E).—The Government of India, hereby notifies the issue of Floating Rate Savings Bonds, 2020 …
COVID-19 related Phishing Attack Campaign by North Korean Operatives – CERT-In Advisory Indian Computer Emergency Response Team (CERT-In) based on report by CYFIRMA Researchers reported that malicious actors are planning a large-scale phishing attack campaign against Indian individuals and businesses (small, medium, and large enterprises). According to CYFIRMA …
Revised limits of MSME capital and turnover – Upward revision of MSME definition Cabinet today approved upward revision of MSME definition and modalities/ road map for implementing remaining two Packages for MSMEs. Recently, the Govt. had increased the investment limit for MSME and removed the distinction between manufacturing …
Amendments in Labour Laws as part of Aatma-Nirbhar Bharat COVID-19 Relief Package Finance Minister today held second Press conference announcing details of Aatma-Nirbhar Bharat 20 lakh crores package. The initiatives announced today included a total of 9 measures, namely: a. 3 related to Migrant workers b. 1 related …
Govt. amends Foreign Direct Investment policy to check opportunistic takeovers/ acquisitions of Indian companies due to COVID-19 pandemic The Government of India has reviewed the extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic. It is believed that this step has been …
Sovereign Gold Bond Scheme 2020-21. Bonds to be issued from April – Sep 2020 Sovereign Gold Bond Scheme 2020-21 The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six …
Indira Vikas Patra purchased in cash and lost then Post office rightly refused to encash Certificates as identity of initial holder could not be established from record – SC ABCAUS Case Law Citation:ABCAUS 3281 (2020) (03) SC Important case law relied upon by the parties:Central Government of India …
Use of mobile and internet in Airplanes flight in India- Provisions relaxed for permitting selective use. MINISTRY OF CIVIL AVIATIONNOTIFICATION New Delhi, the 21st February, 2020 G.S.R. 142(E).—Whereas, the draft of certain rules further to amend the Aircraft Rules, 1937, was published in the Gazette of India, Extraordinary, …
FASTag to be available free of charge for 15 days In order to further increase digital collection of user fee via FASTag at NH fee plazas, National Highways Authority of India (NHAI) has decided to waive off the FASTag cost of Rs.100/- for NHAI FASTag between 15th and 29th …
