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Government seeks views from service sector to support seamless trade across the UK Consultation launched on service sector exclusions from UK Internal Market Act. From: Consultation launched to increase certainty for service businesses trading within the United Kingdom government is seeking views of regulators and firms on how best to support business as usual UK Internal Market Act passed into law in December last year, enabling seamless UK domestic trade outside the European Single Market The UK government has today (25 February) moved to ensure continued seamless trade across the UK by...

1. INTRODUCTION The Reserve Bank of India (the "RBI") has introduced the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2021 (the "Amendment Regulations") through a notification1 dated January 08, 2021, and amended the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 (the "Principal Regulations"). The RBI aims to introduce certain exemptions related to the aviation sector through the Amendment Regulations by substituting the erstwhile Regulation 4(ea) of the Principal Regulations. 2. KEY CHANGE The Amendment Regulations have sub...

To print this article, all you need is to be registered or login on Mondaq.com. Article by Vijay Pal Dalmia, Advocate, Supreme Court of India and Delhi High Court, Partner & Head of Intellectual Property Laws Division, Vaish Associates Advocates, India INTRODUCTION Cross Border Transfer of cryptocurrency is a significant aspect of its being as cryptocurrencies are traded through online platforms and these platforms facilitate the exchange of cryptocurrency into another currency including a fiat currency. This raises questions under India's foreign exchange control law,...

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CDA official sacked, two demoted over corruption National December 28, 2020 Islamabad: The top management of the Capital Development Authority (CDA) has removed an officer and demoted two others while imposing a major penalty on them for making allotment of over 50 plots in sector D-13 without balloting. The action has been taken in light of the report of an inquiry committee and recommendations of the Member Estate as per Employees Services Regulations, 1992. As per the inquiry report, the penalized employees were found guilty of misconduct and corruption. Deputy Director Taimur Ahmed then...