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Legislation Updates

Legislation UpdatesStatutes/Bills/Ordinances

The Negotiable Instruments (Amendment) Ordinance, 2015

On 15.06.2015, the President of India promulgated the Negotiable Instruments (Amendment) Ordinance, 2015. The objective of the Ordinance is to amend the

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Published on June 17, 2015November 21, 2015By Sucheta
13 Comments15034 views
Legislation UpdatesStatutes/Bills/Ordinances

Re-promulgation of Land Ordinance, 2015

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Ordinance, 2014 to amend the RFCTLARR Act, 2013

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Published on June 1, 2015November 5, 2015By Sucheta
Leave a comment4454 views
Foreign LegislationLegislation Updates

Constitution (One Hundredth Amendment) Act, 2015

The Constitution (One Hundredth Amendment) Act, 2015 received the assent of President on 28.05.2015. The objective of the Act is to amend

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Published on June 1, 2015November 2, 2015By Sucheta
1 Comment7939 views
Legislation UpdatesRules & Regulations

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 received the assent of President on 26.05.2015. The

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Published on May 29, 2015November 3, 2015By Sucheta
Leave a comment4383 views
Legislation Updates

Committee constituted to revisit and revitalize the PPP mode of infrastructure development

On 26.05.2015, a Committee to revisit and revitalize the PPP mode of infrastructure development was constituted. The Committee comprises of 10 members,

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Published on May 28, 2015October 14, 2015By Sucheta
Leave a comment2549 views
Foreign LegislationLegislation Updates

Warehousing Corporations (Amendment) Act, 2015

The Warehousing Corporations (Amendment) Act, 2015 received the assent of the President on 13.05.2015. The Act amends the Warehousing Corporations Act, 1962

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Published on May 28, 2015October 29, 2015By Sucheta
Leave a comment3221 views
Notifications

Suggestions sought on the draft scheme of the proposed amendment for Computation of Arm Length Price in the Income-tax Act

On 22.05.2015, the Ministry of Finance uploaded the draft outlines of the new scheme of the Finance Act, 2014, which amended the

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Published on May 28, 2015October 29, 2015By Sucheta
1 Comment2818 views
Legislation UpdatesStatutes/Bills/Ordinances

Suggestions sought on Land Acquisition Bill, 2015

On 23.05.2015, the Joint Parliamentary Committee, under the Chairmanship of Shri S.S. Ahluwalia, sought views/ suggestions from various public bodies, organizations, associations,

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Published on May 28, 2015November 3, 2015By Sucheta
Leave a comment2936 views
Legislation UpdatesRules & RegulationsStatutes/Bills/Ordinances

Repealing and Amending (Second) Act, 2015

The Repealing and Amending (Second) Act, 2015 received the assent of the President on 14.05.2015. The objective of the Act is to

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Published on May 28, 2015November 3, 2015By Sucheta
Leave a comment5454 views
Foreign LegislationLegislation Updates

Companies (Amendment) Act, 2015

The Companies (Amendment) Act, 2015 received the assent of the President on 25.05.2015. The Act amends the Companies Act, 2013 (referred hereto

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Published on May 28, 2015October 29, 2015By Sucheta
Leave a comment4103 views
Legislation UpdatesStatutes/Bills/Ordinances

Benami Transactions (Prohibition) Amendment Bill, 2015

On 13.05.2015, the Benami Transactions (Prohibition) Amendment Bill, 2015 was introduced in Lok Sabha. The Bill seeks to amend the Benami Transactions

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Published on May 27, 2015November 3, 2015By Sucheta
Leave a comment4512 views
Foreign LegislationLegislation Updates

Regional Rural Banks (Amendment) Act, 2015

On 12.05.2015, the Regional Rural Banks (Amendment) Act, 2015 received the assent of the President. The objective of the Act is to

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Published on May 21, 2015October 29, 2015By Sucheta
Leave a comment6838 views
Legislation UpdatesStatutes/Bills/Ordinances

Negotiable Instruments (Amendment) Bill, 2015

On 06.05.2015, the Negotiable Instruments (Amendment) Bill, 2015 was introduced in Lok Sabha. The objective of the Bill is to amend the

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Published on May 21, 2015November 3, 2015By Sucheta
1 Comment3952 views
Legislation Updates

Increased rate of Service tax will become applicable from 1 June 2015

On 20.05.2015, the Central Government notified that the increased rate of Service tax i.e., 14% would become applicable from 01.06.2015. The Finance

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Published on May 20, 2015October 14, 2015By Sucheta
Leave a comment3451 views
Legislation UpdatesStatutes/Bills/Ordinances

Finance Act, 2015

On 14.05.2015, the Finance Act, 2015 received the assent of the President. The Act provides for various amendments in the Income Tax

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Published on May 20, 2015November 3, 2015By Sucheta
1 Comment4697 views
Legislation Updates

‘Disturbed area’ along the borders of State of Assam notified by the Central Government

On 05.05.2015, the Central Government in exercise of the powers conferred by Section 3 of the Armed Forces (Special Powers) Act, 1958

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Published on May 14, 2015October 14, 2015By Sucheta
Leave a comment3129 views
Foreign LegislationLegislation Updates

Child Labour (Prohibition & Regulation) Amendment Bill, 2012

On 13.05.2015, the Union Cabinet, chaired by the Prime Minister, gave approval for moving official amendments to the Child Labour (Prohibition &

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Published on May 14, 2015November 3, 2015By Sucheta
Leave a comment3522 views
Legislation UpdatesRules & Regulations

Draft Telecom Consumers Protection (Eighth Amendment) Regulations, 2015

On 29.04.2015, TRAI released draft “Telecom Consumers Protection (Eighth Amendment) Regulations, 2015” for inviting comments of Stakeholders and public by 12.05.2015. The

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Published on May 5, 2015November 3, 2015By Sucheta
Leave a comment3061 views
Legislation Updates

‘Prime Minister Award for excellence in public administration’ conferred on Income Tax Department

On 21-04-2015, the Income Tax department was awarded the ‘Prime Minister Award for excellence in public administration’ for ‘Easy Tax Compliance through

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Published on April 22, 2015October 14, 2015By Sucheta
Leave a comment3701 views
Legislation UpdatesRules & Regulations

Suggestions sought on the draft Mineral (Auction) Rules, 2015

The Ministry of Mines prepared draft Mineral (Auction) Rules, 2015 for enabling auction of the mineral concessions as provided under the MMDR

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Published on April 15, 2015October 29, 2015By Sucheta
Leave a comment3571 views

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