In an attempt to curb traffic rules violation, the Act imposes heavy fines, which will go up annually every April by 10%. Updated: October 17,
Month: November 2019
Donald Trump raises stink, claiming garbage from India reaches Los Angeles – Times of India
Highlights Trump was agitated that the rest of the world had corralled Washington into the Paris Accord on climate change and put the onus on
Why Guardianship Act prefers father as natural guardian: PIL | India News – Times of India
he Supreme Court on Wednesday sought the Centre’s response to a PIL which challenged validity of a provision of Hindu Minority and Guardianship Act (HMGA) that prefers father as a natural guardian of
Finance ministry amends money laundering law to simplify KYC process
The Ministry of Finance on Wednesday amended the Prevention of Money Laundering Act (PMLA) to allow people who have used Aadhaar for KYC and want
View: By saying no to RCEP, PM Modi has kept India first – The Economic Times
By Amit Shah November 4, 2019, shall go down as an historic milestone for India’s bold decision to stay away from the Regional Comprehensive Economic Partnership (RCEP). The
Drink the coffee and get going on growth–Economic Times
The Index of Industrial Production (IIP) for September reveals growth of –4.3% (over the same period last year), suggesting a sharp slowdown. True, use-based figures
Non-Performing Assets: Are millennials spawning next wave of NPA piles for banks? – The Economic Times
While millennials, who have been driving credit demand by a large margin in the past two years, in what can potentially raise concerns for lenders, most
Credit card for startups, SMEs: Small businesses can now manage expenses, payments; enjoy rewards – The Financial Express
The credit limit on the card is from Rs 60,000 to Rs 3 lakh while the underwriting will be taken care of by Open itself.
Economists estimate India’s July-September GDP growth at 4.2-4.7% | Business Standard News
Aditi Nayar, principal economist at ICRA, said the enhanced spending by the government after the Union Budget on July 5 would add up to the
Family affairs not to affect compensation**Business Standard
When compensation for a road death is computed, the court cannot take into account the arrangement of the shares of property within the family. The
IBC Resolution: Time-bound e-bidding to speed up IBC resolution–Economic Times
The government amended the Insolvency and Bankruptcy Code in an attempt to speed up the corporate insolvency resolution process by setting a limit of 330
All NBFCs shouldn’t be painted with the same brush – The Economic Times
By Keki Mistry For more than a year, an overwhelming drive seems to be underway to label non-banking financial companies (NBFCs) as anathema to the
ET View: September IIP – Lacklustre capital goods output keeps overall index low – The Economic Times
The industrial index also shows that consumption growth remains in the doldrums, for now. Quick estimates for September show that the Index of Industrial Production
Aviva Life Insurance: Aviva Life faces IBC trial over ‘not paying landlord’ – The Economic Times
Aviva Life Insurance has become the first financial company to be admitted into Insolvency and Bankruptcy Code (IBC) proceedings after the National Company Law Tribunal (NCLT) upheld a landlord’s claim
office Registration location change: Change in the location of a registered office: how to go about it
By Tanvi Loond Every business entity has a principal place of business which defines the identity of the entity and its place of domicile. In
Latest GST circular puts an end to confusion over new input tax credit rules – The Financial Express
In a big relief for GST taxpayers, the Union government on Monday clarified the new rules related to availing input tax credit under the GST.
How to identify micro, small units from medium businesses: Real small enterprises suggest this to govt – The Financial Express
Ease of Doing Business for MSMEs: With the proposed definition on turnover basis, there will be no difference between a manufacturer and traders, and MSME benefits
DHFL lenders file intervention plea in Bombay high court – The Financial Express
Lenders to Dewan Housing Finance Corp (DHFL) have filed an intervention petition at Bombay High Court, to be part of the main petition filed by
Govt formulating policy on credit ratings for MSMEs: Nitin Gadkari – The Financial Express
The government is in the process of formulating a policy on credit ratings for micro, small and medium enterprises to help investors and other players
Industrial output sees steepest fall in 8 years, shrinks 4.3% in September | Business Standard News
Industrial output contracted by 4.3 per cent for the second-straight month in September, nosediving to an 8-year low. Spurred by a major loss in manufacturing output and
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