New Rules and Regulation For Gratuity by Central Government on Labour, in their report on Code on Social Security, 2019, has approved that the Eligibility Period for Payment of Gratuity to an employee after termination will be reduced. The Government also considered for Reduces the Eligibility period for gratuity from five to one consecutive year. … Read more
In its financial policy review on Thursday, the Reserve Bank of India provided the agreement to an RBI Loan Restructuring Scheme for stressed borrowers. A special window granting one-time loan restructuring to companies and individuals, it will give relief particularly to those affected by the Covid-19 pandemic. However, Under the COVID Loan Restructuring Scheme, consumers may get more delay … Read more
Jaguar Land Rover Fails Trademark Case Over Defender SUV in the UK court bid to get the trademark rights for the state of its iconic Defender SUV Trademark, freeing billionaire Jim Ratcliffe’s Ineos Group to go forward with the Grenadier off-road vehicle. A London court on Monday dismissed an appeal by JLR. The UK Intellectual Property Office had found … Read more
Due to the pandemic and the uncertain situation in the country, the food regulator has extended the deadline for the food license registration until December 31st this year. Gujrat Trader Federation (GTF) are representing the FSSAI extends the deadline for food license registration. Before this, the CEO of Food Safety and Standards Authorities of India (FSSAI) … Read more
Micro-Small & Medium Enterprises (MSMEs) provide largely in the socio-economic development of our country. Also, provide Key Benefits of MSME – CIBIL score Loans without Collateral. However, MSMEs comes under the Ministry of Micro, Small & Medium Enterprises and are expected to be registered to avail benefits under the Micro, Small and Medium Enterprises Development … Read more
The Government has once again revised the MSME threshold limit. Recently, under the newly announced Atmanirbhar Bharat Special economic & comprehensive relief package of ₹20 lakh crores, the Government had revised the definition of MSMEs and had given a new threshold limit for MSMEs. Now, the Ministry of Micro, Small and Medium Enterprises has again … Read more
In the series of diplomatic actions against China, now India will ban Chinese companies from taking part in the highway projects in India. Let us understand this update in detail. Reason for India ban on Chinese companies in highway projects After the clash in the Galwan valley, the relationship between India and China has … Read more
The government has now launched a mega-saving scheme: The Floating Rate Savings Bonds 2020. As we all know, due to COVID-19 Crisis, the rate on Savings Account and FD is decreasing every day. If you want to save your money or invest it, India’s Government has launched a new scheme for you. This scheme is … Read more
The Ministry of finance of the Indian government has passed one announcement. This is regarding the revocation of the cancellation of GST registration. Let us understand in detail regarding the one time chance for revocation of cancellation of GST registration. Guidelines for Cancellation of GST registration As per the subsection (2) of section 29 … Read more
In major diplomatic strife with China, the government has recently banned 59 Chinese Apps. This is a chance to encourage the Indian Apps that can totally replace their Chinese contenders. As we are all aware of the recent clash between Indian and Chinese along the Line of Actual Control (LAC), in which 20 valiant Indian … Read more