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Page-2 of Topic: Modi administration

11-member working group to go into concept of ‘Group Insolvency’ and suggest a suitable framework

The insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has set up a 11-member working group under the Chairmanship of former SEBI chief UK Sinha to go...

January 22, 2019

Sudhir Mungantiwar convenor of newly constituted Group of Ministers (GoM) to look at issues related to lottery under GST

In pursuance of decision in the 32nd Meeting of GST Council held on 10th January 2019 at New Delhi, a Group of Ministers (GoM) on issues relating to...

January 17, 2019

Nitin Patel heads of Group of Ministers (GoM) for GST issues in real estate

The Government of India (GoI) has constituted a 7-member Group of Ministers (GoM) to boost the real estate sector under the GST regime. Deputy Chief Minister of Gujarat...

January 16, 2019

Vijay Mallya becomes first Indian business tycoon to be named “Fugitive Economic Offender (FEO)”

Former liquor baron Vijay Mallya has become the first Indian businessman to be declared a Fugitive Economic Offender (FEO) under the newly enacted Fugitive Economic Offenders Act of...

January 7, 2019

Sushil Modi to head Group of Ministers to examine modalities for ‘calamity tax’ under GST

The Government of India (GoI) has recently constituted a 7-member ministerial panel headed by Bihar Deputy Chief Minister Sushil Modi to examine modalities for revenue mobilisation in case...

October 3, 2018

Jharkhand government inks MoU with NICL for Ayushman Bharat Scheme

The Jharkhand government has signed a Memorandum of Understanding (MoU) with National Insurance Company Ltd (NICL) to provide medical facilities to the people of the state under the...

September 24, 2018

Unintended Consequences of IBC

Insolvency and Bankruptcy Code (IBC) act was considered as a path breaking legislation which provided for a time bound resolution of insolvency and bankruptcy cases. The act was...

September 13, 2018

Injeti Srinivas heads committee on review of penal provisions of Company Act 2013

The committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has recently submitted final report on review of penal provisions of Company Act 2013 to the Union Minister for...

August 27, 2018

Pradeep Kumar Sinha committee constituted to address issues of stressed thermal power projects

The Union Government has constituted a high level empowered committee to address the issues of stressed thermal power projects. The committee will be headed by Cabinet Secretary, Pradeep...

July 31, 2018

Lok Sabha passes Fugitive Economic Offenders Bill 2018 to attach & confiscate assets of defaulters

During the monsoon session of Parliament, the Lok Sabha passed the Fugitive Economic Offenders Bill 2018, which will empower authorities to attach and confiscate properties and assets of...

July 22, 2018

GoI increases monetary threshold for filing appeals in tax disputes in courts and tribunals to bring down tax litigation in country

On July 12, the government sharply increased the monetary threshold for filing appeals in tax disputes in various courts and decided to withdraw many pending appeals to cut...

July 17, 2018

Central Board of Indirect Taxes and Customs (CBIC) launches ‘GST Verify’ app to protect interest of consumers

The Central Board of Indirect Taxes and Customs (CBIC) has launched a mobile app ‘GST Verify’ to protect interest of consumers. It is an android app to verify...

July 6, 2018

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