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Retrospective Tax Law Of 2012

Retrospective Tax Law Of 2012: The Government of India took the first step towards doing away with the contentious retrospective tax law of 2012, which was used to raise large tax demands on foreign investors such as Vodafone and Cairn Energy, and blamed for vitiating India’s investment climate. Union Finance and Corporate Affairs Minister introduced […]

International Solar Alliance :Germany Became The 5th Country To Sign

International Solar Alliance :Germany Became The 5th Country To Sign: Germany became the 5th country to sign International Solar Alliance Framework Agreement after amendments to it entered into force on 8th January 2021, opening its Membership to all Member States of the United Nations. Membership to the ISA was earlier limited to 121 countries, which […]

New Framework For Payment Systems Operators

New Framework For Payment Systems Operators: The Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators. This framework is issued under provisions of Payment and Settlement Systems Act, 2007. The Payment and Settlement Systems Act, 2007 provides for the regulation and supervision of payment systems […]

Airports Economic Regulatory Authority Of India (Amendment) Bill, 2021

Airports Economic Regulatory Authority Of India (Amendment) Bill, 2021: With the passage in Rajya Sabha, Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 got approval of both houses of Parliament. Earlier, on July 29, the Bill was passed in the Lok Sabha. It seeks to amend the Airports Economic Regulatory Authority of India Act, […]