After much deliberations, the Lok Sabha passed The Companies (Amendment) Bill, 2019. This Bill seeks to amend the Companies Act, 2013 and replaces an earlier replace the ordinance promulgated earlier in this regard. What is the bill? The Companies (Amendment) Bill, 2019 seeks to tighten the corporate social responsibility (CSR) compliance of companies and reduce ..
Ordinance: GK, Current Affairs, Questions, Trivia and News
Government has approved enemy property ordinance for fifth time. The ordinance will be sent to the President for re-promulgation. The amendment to the Enemy Property Act, 1968 has been passed in the Lok Sabha. It has been referred to the Parliamentary select committee by the Rajya Sabha. The government decided to amend the law after Raja ..
The union cabinet has approved the ordinance on Payment of Wages Act that relates to the payment of wages. The ordinance facilitates central government administered establishments to pay salaries by cheque or credit salary in employees’ bank accounts. Accordingly, the ordinance will amend Section 6 of the Payment of Wages Act, 1936. It should be ..
Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) has been launched in September 2015 for the welfare of tribals and other affected persons in mining areas. Under this scheme, the mining companies will need to contribute 10 to 30% of royalty for welfare of people directly or indirectly affected by mining. Background This scheme is a follow ..