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May 19, 2021
Updated: Share Article AAA Importers taking advantage of concessional rate of import duty will have to give prior information to the customs officers about goods being imported and also its estimated quantity and value, the CBIC has said. The Central Board of Indirect Taxes and Customs (CBIC) has amended the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, which lay down the procedures and manner in which an importer can avail the benefit of a concessional duty on import...
April 5, 2021
Word power: Children writing and producing Balvaani Breaking point: Children were employed as the manufacturers believed their tender hands applied just the right pressure on the bangles 1/2 2/2 Breaking point: Children were employed as the manufacturers believed their tender hands applied just the right pressure on the bangles × A magazine produced by children living in Firozabad’s slums is turning the lens on the practice of child labour in ‘Suhaag Nagari’ * Poverty-stricken families ...
March 5, 2021
The good, the bad and the ugly of the new Corporate Social Responsibility Policy Like any new rule meant to clean up, this one too will face short-term challenges till the industry adapts to the new order. Synopsis With a Covid pandemic still upon us, is this the right time to adopt a stringent CSR policy? Of course, these amendments were in the works for a long time. But, then, will this stop the widely relevant ‘payback practices’? According to the Companies (Corporate Social Responsibil...
February 24, 2021
India has a standard operating procedure for foreign direct investment proposals requiring mandatory government approval. We briefly explain the process.
February 19, 2021
In one of our previous blogs, we covered about the changes introduced through the Patents (Amendment) Rules, 2020 ("2020 Amendment Rules") which came into force on October 20, 2020.
February 19, 2021
The Family Procedure (Amendment) Rules 2021, which come into force on 6 April 2021, amend the Family Procedure Rules 2010 as follows: Rule 3 amends rule 6.43 of the FPR which makes provision for cases where service is to be effected on a respondent outside of the United Kingdom. Rule 4 inserts a new rule 36.3 into the FPR to enable provisions of the FPR to be modified or disapplied by Practice Directions to address issues for the work of the courts arising from a public emergency. For the Amen...
February 9, 2021
As the Indian government pushes the Aatmanirbhar Bharat vision, official data show that about 80 Chinese companies established in India are active currently.Union Finance Minister said on Tuesday that a total of 92 Chinese companies had ...
February 6, 2021
The cigarettes were smuggled into India and arrived in Bhopal via Delhi. These were sold at the local pan shops to the trusted customers only. Bhopal: Officers of Directorate of Revenue Intelligence (DRI) seized more than one lakh smuggled foreign-brands cigarettes sticks worth Rs 20 lakh, the DRI said on Saturday (February 6). Acting on specific intelligence, the DRI sleuths on Thursday searched various premises in Bhopal and found more than 1 lakh foreign origin cigarette sticks of various b...
February 4, 2021
To print this article, all you need is to be registered or login on Mondaq.com. On January 22, 2021, the Government of India brought into effect the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 (“ Rules”). The Rules amended the exiting Companies (Corporate Social Responsibility Policy) Rules, 2014 (“ Existing Rules”). To address the pandemic, the Rules have amended the definition of Corporate Social Responsibility (“ CSR”) to clari...