The Union Ministry of Law and Justice has constituted a High Level Committee (HLC) to review institutionalisation of arbitration mechanism in India. The committee will be headed by...
The Union Government has proposed setting up Financial Data Management Centre (FDMC) based on recommendation of a committee set up under the Department of Economic Affairs (DEC). The...
The Foreign Investment Promotion Board (FIPB) has approved six Foreign Direct Investment (FDI) proposals worth Rs 1,200 crore. Decision in this regard was taken by FIPB meeting headed...
The Central Board of Direct Taxes (CBDT) signed two unilateral Advance Pricing Agreements (APAs) with Indian taxpayers pertain to the Information Technology and automobile sectors. The international transactions...
The Union Government has invited public comments on a report for the creation of a Financial Redressal Agency (FRA). The report also calls for a new financial consumer...
Gujarat Government announced its ‘Biotechnology Policy-2016’ to establish state as a preferred destination for manufacturing of biotechnology products. The policy has provisions for various incentives for investors who...
The Goods and Services Tax (GST) Council has approved the draft Central GST (CGST) and State GST (SGST) laws along with Compensation Bill to bring the GST into...
ICICI Bank, India’s largest private sector bank has launched EazyPay mobile application for merchants that allows all-in-one acceptance payments platform. This app consolidates all digital wallets, QR code,...
The Union Ministry of Textiles has decided to establish a Bunkar Mitra-Handloom Helpline Centre where experts in the field of textiles will answer professional queries of weavers. This...
The technology services sector in India is currently undergoing a very bad growth period in close to a decade as their clients are decreasing their budgets on traditional...
