Acts and Amendments Current Affairs, GK & News
On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 compoundable offences. Under the amendment, the companies with Corporate Social Responsibility (CSR) obligation of less ..
Category: Legal & Constitution Current Affairs
Topics: Acts and Amendments • Bills and Acts • CLAT • Companies Act 2013 • Corporate social responsibility (CSR) • Foreign exchange reserves • Foreign investments • Injeti Srinivas Committee • Union Cabinet • Union Cabinet Decisions
The Parliament has passed The Employees Compensation (Amendment) Bill, 2016. The Bill amends the Employee’s Compensation Act, 1923. It ensures compensation up to Rs 1 lakh to employee if an injured in an industrial accident and imposes hefty penalty in case of any violation by the employers. Salient features of the Bill Mandatory for employers ..
The Union Water Resources Ministry has drafted new dam safety bill to contemplate an institutional mechanism to improve safety of around 5300-odd dams across in India. The new law has been vetted by the Union Law Ministry. It will now go to the Union Cabinet for approval and its introduction in Parliament. Need for such ..
The Union Cabinet has approved the amendment to Right of Children to Free and Compulsory Education (RTE) Act, 2009. The amendment seeks to ensure all teachers, in position as on March 2015, acquire minimum qualifications prescribed by academic authority to extend period for such training for 4 years up to March 2019. Background The RTE ..
President Pranab Mukherjee has promulgated the Enemy Property (Amendment and Validation) Ordinance, 2016 to make amendments to the Enemy Property Act, 1968. The Ordinance was promulgated by President as per provisions of Article 123 of Constitution of India that gives him legislative powers in consultation with Council of Union Ministers. The proposed amendments in the ..
Union Government has constituted a committee to simplify the provisions of the Income Tax Act (IT), 1961 under the Chairmanship of former Delhi High Court Judge, Justice R.V. Easwar. Other 9 Members: V.K. Bhasin, Vinod Jain, Rajiv Memani, Ravi Gupta, Mukesh Patel, Ajay Bahl, Pradip P. Shah, Arvind Modi, Dr. Vinay Kumar Singh. Term of ..