Clipped from: https://www.businesstoday.in/current/economy-politics/multiple-petitions-filed-in-sc-for-contempt-of-court-proceedings-against-rbi-governor-others/story/440379.html The petitioners — M/s Azeez Trading Company, Umrazz Trading Corporation, Ajay Hotel and Restaurant, Latur, Maharashtra — have filed their plea through lawyer
Month: June 2021
Govt widens scope of Emergency Credit Scheme to help small businesses–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/covid-19-impact-govt-widens-scope-of-emergency-credit-scheme-for-small-businesses/story/440375.html The govt widened the net of the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS), which will now provide concessional loans
Ending encryption: On enforcing traceability on popular messaging apps – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/ending-encryption-on-enforcing-traceability-on-popular-messaging-apps/article34693043.ece Enforcing traceability on popular messaging apps will encroach into user privacy Barely a day before the Information Technology (Intermediary Guidelines and Digital Media Ethics
Startup India: 5.5 lakh jobs created under PM Modi’s pet scheme so far; 1.7 lakh in FY21 alone–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/recognised-startups-created-17-lakh-jobs-in-fy21-says-centre/story/440764.html A total of 743 startups were recognised in 2016-2017, in the first year of the initiative, which has now increased exponentially to over
PLI scheme worth Rs 12,195 cr for telecom, networking equipment announced; here’s how to apply–business today
Clipped from: https://www.businesstoday.in/sectors/telecom/pli-scheme-rs-12195-cr-telecom-networking-equipment-announced-how-apply/story/440782.html Applicants can start the registration process for the scheme from June 1, 2021, at pli-telecom.udyamimitra.in. The application window will be open for 30 days
‘User privacy remains highest priority’: WhatsApp responds to Centre’s ‘trick consent’ remark–business today
Clipped from: https://www.businesstoday.in/technology/news/user-privacy-remains-highest-priority-whatsapp-responds-to-centres-trick-consent-remark/story/440766.html WhatsApp clarified that it accords highest priority to the privacy of its users and that it will not confine its functionality for users
By 2025, there’ll be more internet users in rural India than urban areas: report–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/by-2025-there-will-be-more-internet-users-in-rural-india-than-urban-areas-report/story/440776.html The internet adoption rate in rural parts of the country has grown 13 per cent to 299 million internet users over the past
Green Card: Bill to remove per country cap on Green Card introduced in US Congress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/bill-to-remove-per-country-cap-on-green-card-introduced-in-us-congress/articleshow/83194004.cmsSynopsis The Equal Access to Green cards for Legal Employment (EAGLE) Act, 2021 needs to be passed by the Senate before it can be
FEMA and the Income-tax Act: Understanding your tax obligations before you move abroad – Compliance with FEMA | The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/fema-and-the-income-tax-act-understanding-your-tax-obligations-before-you-move-abroad/compliance-with-fema/slideshow/83204678.cms 1/5 Compliance with FEMA According to an article by Archit Gupta, Founder and CEO, ClearTax, any person moving abroad or coming back to
Government forms expert group to provide recommendations on fixation of minimum wages – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-forms-expert-group-to-provide-recommendations-on-fixation-of-minimum-wages/articleshow/83200346.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The expert group will be chaired by professor Ajit Mishra, director, Institute of Economic Growth and will have five members including DPS Negi
Revised ECLGS will help hotels, aviation sector, tour operators: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/revised-eclgs-will-help-hotels-aviation-sector-tour-operators-crisil/articleshow/83194306.cmsSynopsis It will also support build-up of healthcare infrastructure, mainly oxygen availability, in tier-2 and beyond cities and the hinterland, the report by leading
As Covid-19 vaccination slows down, insurers insist customers take jabs | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/as-covid-19-vaccination-slows-down-insurers-insist-customers-take-jabs-121060300455_1.html Only 3.2% of India’s population has been fully vaccinated with two shots Some states have halted vaccination for the 18-45 age group due
Can’t have auto-restoration of slots to Jet Airways: Centre tells NCLT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/can-t-have-auto-restoration-of-slots-to-jet-airways-centre-tells-nclt-121060301091_1.html The Kalrock – Jalan consortium, who are successful resolution applicants of Jet Airways, said they were under the impression that slots and traffic
Journalists are entitled to protection against sedition: SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/sc-quashes-fir-against-vinod-dua-for-sedition/article34713988.ece?homepage=true The case pertains to Vinod Dua for his remarks about the Prime Minister and the Centre. The Supreme Court on Thursday quashed a
SME Chatroom: ‘No GST on expenses incurred as pure agent’ | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-no-gst-on-expenses-incurred-as-pure-agent-121053100884_1.html You need not include the costs and expenses you incur as a ‘pure agent’ in the value of taxable supplies, provided you fulfil
Who can get antibody cocktail for Covid-19 and how it works | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/decoded-who-can-get-antibody-cocktail-for-covid-19-and-how-it-works-121060201562_1.html Used to treat only mild to moderate disease in high-risk Covid-19 patients, doctors feel the treatment can bolster the fight against severe disease
10 mn vacant homes may find takers as Cabinet approves Model Tenancy Act | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/10-mn-vacant-homes-may-find-takers-as-cabinet-approves-model-tenancy-act-121060201132_1.html New law makes renting out urban or rural property without a written agreement illegal, seeks to balance the interest of homeowners and tenants
User privacy highest priority: WhatsApp response to govt affidavit in Court | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/user-privacy-highest-priority-whatsapp-response-to-govt-affidavit-in-court-121060301239_1.html Messaging platform says govt is trying to stop privacy policy update, which is a private contract between WhatsApp and its users, without any
Fraud charges: Dubai-based billionaire B R Shetty to drag BoB to court | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fraud-charges-dubai-based-billionaire-b-r-shetty-to-drag-bob-to-court-121060201664_1.html Shetty is currently in India and trying to return to Dubai to take care of his businesses, but a travel ban issued by
Google search engines not an intermediary under new IT Rules, says co | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-search-engines-not-an-intermediary-under-new-it-rules-says-co-121060200631_1.html Files an appeal to set aside part of an order passed by Delhi HC in April that regards the search engine as a