Page 12 - Amendment Rules News Today

Fact Check Unit for online content will not be notified till July 10, Centre tells HC

While the rules continue to be debated, online and in court, one must keep in mind that over 80 million Indian citizens are online. This fact, coupled with the perils of false information, leads to a worrying cocktail that the government has to proactively tackle to prevent chaos

It isn't clear whether the new rules apply to existing content or only new content that will be available after the guidelines come into force

India's Finance Act prescribed that an OGI was required to deduct income tax on the net winnings from any online game from a user account. Rule 133 and Guidelines provide comprehensive guidance on computation of Net Winnings and considers practical situations.

Fast-track mergers and acquisition (M&A) proposals in India will now benefit from an even more simplified process from June 15, 2023.

With a fresh notification of the UT Administration, adopting a child has now become easier than before in the city.

Credit card spends outside India have been brought under the ambit of the LRS — under which all resident individuals, including minors, can remit up to $2,50,000 (approximately Rs 2.06 crore) abroad per year without prior approval from the RBI

THE spread of the Internet has made our lives convenient. India has made fast strides towards adopting this technology. The number of digital transactions in the country crossed 10,000 crore in the 2022-23 financial year. However, this convenience has brought some hazards and made us vulnerable to c

The Finance Ministry tweeted a series of FAQs in an attempt to address the concerns surrounding the FEMA Amendment Rules, 2023

While the Union government has justified the hike in the tax collected at source on overseas credit cards claiming it mainly affects the rich, it is being criticised for burdening the middle class.