Via its notification dated May 4, 2017, the Ministry of Labour & Employment amended the Employees’ Provident Fund Scheme, 1952; the Employees’ Pension Scheme, 1995; and the Employees’ Deposit Linked Insurance Scheme, 1976; to enable payments to be made to
The Telecom Regulatory Authority of India (TRAI) via a letter dated May 16, 2017, has authorised the use of Aadhaar based e-KYC authentication by Internet Service Providers for the purposes of providing broadband and internet connections. This process had already
The Department of Industrial Policy and Promotion (DIPP) (Industrial Promotion Body) and World Intellectual Property Organization (WIPO) have joined hands to establish Technology and Innovation Support Centres (TISC) in the country which is expected to boost generation and commercialisation of
Ministry of Corporate Affairs vide its notification dated 11 May 2017 has amended the Companies (Acceptance of Deposits) Rules 2014 to include “Infrastructure Investment Trusts” in the exemption category and to defer “deposit insurance” for another one year (till 31
SEBI vide its circular no. SEBI/HO/IMD/DF2/CIR/P/2017/39 dated 8 May 2017 has issued guidelines for Instant Access Facility (IAF) in Mutual Funds and use of e-wallet for investment in Mutual Funds, with an objective to channelize households’ savings into capital market
Introduction Masala bonds are bond instruments denominated in Indian Rupees, issued outside India, and typically used by Indian corporate entities as a mode to obtain rupee-denominated borrowings in overseas markets (the “Masala Bond(s)”). The concept of Masala Bond was first
(Note: This post appeared first on NextBigWhat) [caption id= align=aligncenter width=582] Image Credit: makeinindia.com The Startup India Action Plan (the “Plan”) though not exactly a game changer, has been one of the flagship initiatives of the government of India, towards
Employee Stock Option Plan (“ESOP”) is a well-known mode of employee retention, reward and recognition mechanism, especially amongst startups who cannot provide market driven salaries. For private limited and unlisted public limited companies, ESOP is governed by Section 62(1)(b) of
Introduction The Telecom Regulatory Authority of India (“TRAI”) has issued a Consultation Paper on Internet Telephony (VoIP) on June 22, 2016 (the “Consultation Paper”) for comments from stakeholders. This came on the back of an industry-wide debate surrounding the usage
Notification of provisions relating to Cross Border Merger Clarifications Regarding Maternity Benefit (Amendment) Act, 2017 Master Directions on Issuance and Operation of Pre-Paid Payment Instruments (PPI) Ministry of Corporate Affairs Notification of provisions relating to Cross Border Merger The Ministry
(Note: This article first appeared on BarandBench.com) Technology has changed the way human beings lead their day-to-day life. The influence technology has had, especially on the gaming and entertainment sector, whether for the positive or for the negative, has changed
Gambling is illegal in India. The Public Gambling Act, 1867 provides some indication of what is permitted and the provisions are quite ancient to comply, by the growing “online” business world. ‘Gambling’ is understood to mean “the act of wagering
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