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Archive for category Government Affairs
Why the 21st century can well be India’s
Posted by Ankit Agarwal in Government Affairs on January 15, 2012
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15th January 2011,
Many Indians are entering 2012 with a sense of unease. The economy is slowing, infrastructure remains terrible, poverty is ever-present, and corruption seems an intractable problem.
These are all legitimate concerns. But, please, take a step back and look at the big picture. Now take another step back and look at the really big picture.

New Benami law to allow property in spouse, siblings’ name
Posted by Ankit Agarwal in Government Affairs on July 21, 2011

Thursday, 21 July 2011
NEW DELHI: Properties purchased in the name of spouse or siblings could be allowed under benami deals with the government today approving a new legislation to replace a 22-year old act that remained unimplemented due to “infirmities” in it.

Internet industry not happy with IT rules ’11
Posted by Ankit Agarwal in Government Affairs on May 16, 2011

Monday, 16 May 2011
NEW DELHI: Government’s new rules for governing user-generated content on websites are evoking the ire of internet community in India and chiefly from the largest search engine firm Google, which calls the rules as censorship of internet in the country.

The Lok Sabha passed the budget proposals – Most proposals retained
Posted by Ankit Agarwal in Government Affairs on March 24, 2011

Thursday, 24 March 2011
Health tax goes, but may be back with GST
NEW DELHI: The Lok Sabha passed the budget proposals minus the 5% service tax on healthcare and diagnostic services provided by high-end hospitals that was withdrawn following widespread criticism.

Budget 2011 outlook: Govt likely to address only the near-term problems
Posted by lavanya in Government Affairs on February 7, 2011

Monday, 07 February 2011
Current macroeconomic challenges are manifold. Inflation, including that for essential commodities, is high. Interest rates are on the way up.

India ups vigil on Mauritius funds; suspects round-tripping
Posted by BHARAT BANSAL in Government Affairs on February 6, 2011

Sunday, 06 February 2011
NEW DELHI: Financial sector regulators Sebi and RBI have enhanced their vigil on funds coming from Mauritius, suspecting round-tripping or routing of Indians’ illicit money back into the country through the island nation.

Govt imposes anti-dumping duty on Chinese & Israeli telecom equipment
Posted by Ankit Agarwal in Government Affairs on December 26, 2010

Sunday, 26 December 2010
NEW DELHI: India has imposed anti-dumping duty of up to 266 per cent on imports of an IT equipment — also used in the telecom sector — to guard the domestic industry from cheap Chinese and Israeli shipments.

5 years later, Centre & states agree to stamp duty changes
Posted by BHARAT BANSAL in Government Affairs on November 8, 2010

Monday, 08 November 2010
NEW DELHI: Decks have been cleared for sweeping reform of the stamp duties law with states agreeing to an overhaul that will see simpler nation-wide rules reducing incidence of taxation and making compliance easier.

SEBI, MCA may clash over Companies Bill
Posted by Ankit Agarwal in Government Affairs on September 5, 2010

Sunday, 5 Sep, 2010
The provisions of the Companies Bill are set to bring the Sebi and the ministry of corporate affairs (MCA) in conflict with each other in a number of areas such as insider trading, independent directors, and delisting of publicly-traded companies.

Lawmin says watchdogs can’t veto policy moves
Posted by balaji in Government Affairs on August 19, 2010

Thursday, 19 August, 2010
The law ministry has sided with the communications ministry and said watchdogs such as the Comptroller and Auditor General (CAG) of India and Central Vigilance Commission (CVC) have no duty or power over policy decisions by the government.

Downstream investment norms likely to be eased
Posted by Ankit Agarwal in Government Affairs on July 27, 2010

July 27th, 2010
The government may relax norms governing investments by Indian companies having foreign direct investment, allowing them to invest internally generated funds in subsidiaries without prior approval.

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