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Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021

The Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021: The Rajya Sabha has passed the Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021. The Bill amends the Constitution (Scheduled Tribes) Order, 1950. Highlights of the Bill: The Bill removes the Abor tribe from the list of identified STs in Arunachal Pradesh. It replaces certain STs with other […]

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 […]