Regulation

What is PAN 2.0: Key features and frequently asked questions (FAQs) answered

PAN 2.0 is an e-governance initiative to streamline and unify all PAN and TAN-related services. It aims to enhance user experience, reduce paperwork, and strengthen data security.

Nov 26, 2024

fake notes, rs 2000 notes, fake indian currency

Over 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still in circulation: RBI

The withdrawal of Rs 2000 banknotes was announced on May 19, 2023, but they remain legal tender. The Reserve Bank of India (RBI) reports over 98% return of Rs 2000 banknotes in circulation.

Nov 4, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Kenya High Court Suspends Adani-KETRACO $736M Energy Deal

The Law Society of Kenya argued that the agreement between KETRACO and Adani Energy lacked transparency and meaningful public input, requirements seen as crucial for projects involving foreign investors.

Oct 29, 2024

Ahead of Diwali, Centre announces 3 per cent hike in DA for employees

Central Government Announces 3% DA Hike Ahead of Diwali; One Crore Employees, Pensioners to Benefit

The Union Cabinet, led by Prime Minister Narendra Modi has approved a 3 per cent increase in dearness allowance (DA) and dearness relief (DR) for Central government employees and pensioners.

Oct 16, 2024

"Stop charging extra interest on loans"; RBI cracks down on banks amid unfair practices

The Reserve Bank of India (RBI) on Monday directed banks and NBFCs to immediately review their practices to ensure that they are fair and transparent in the interest they charge customers as several instances have been detected where excessive interest has been charged on loans.

Apr 29, 2024

What is Telecom Bill 2023: Key provisions you need to know

The telecom bill emphasizes the critical role of the telecommunications sector as a driver of economic and social development.

Dec 20, 2023

Parliament passes Delhi Services Bill with bill clearing RS despite strong fight by Opposition

The Government of National Capital Territory of Delhi (Amendment) Bill, 2023 was passed by the Parliament on Monday, despite strong fight by the opposition parties in the upper house.

Aug 8, 2023

LS passes 3 bills in 30 mins amid Oppn protests; House adjourned till July 31 [details]

Amid total chaos and bedlam in Lok Sabha on Friday, three bills were passed within minutes, which included the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, which will allow private sector to bid for mining critical minerals like Lithium.

Jul 28, 2023

Data Protection Bill 2023: Industry expert shares insights, implications, demand and more [Interview]

As an expert in the field of data recovery and protection, Sunil Chandna sheds light on the upcoming Data Protection Bill in India and its far-reaching impact on businesses and individuals alike.

Jul 21, 2023

"Unconstitutional, irrational, egregious": Industry stakeholders react to 28% GST on online games [details]

Online gaming industry stakeholders on Tuesday termed the 28 per cent GST on the full value of gaming as "unconstitutional, irrational and egregious", saying that the move is a self goal that will kill the skilled online gaming sector in the country.

Jul 11, 2023

Health, finance influencers watch out; govt to draft rules requiring you to run disclaimers [here's why]

Soon the amalgam of health influencers, who give tips on various social media platforms about consuming a particular nutrient or supplement, will have to prove their qualifications and eligibility, to ensure that they are not indulging in surrogate advertising or pedalling half-baked information to their followers.

Jul 9, 2023

Cabinet clears Data Protection Bill; what you must know about controversial bill [Explained]

The bill will have jurisdiction over the processing of digital personal data in India. This includes data collected online or offline and later digitised. More details inside.

Jul 5, 2023

Implementation of increased tax on credit card payments on foreign tours postponed amid outcry [details]

The Finance Ministry on Wednesday said that there will be no change in tax collection at source (TCS) for all purposes under the liberalised remittance scheme (LRS) for overseas travel tour packages, regardless of the mode of payment, for amounts up to Rs 7 lakh per individual per annum.

Jun 28, 2023

World's largest grain storage plan gets Cabinet's nod; gets ₹1 lakh crore budget [details]

The pilot project will be implemented in at least 10 selected districts of different states and UTs in the country to provide valuable insights into regional requirements for the project.

Jun 1, 2023

National Quantum Mission gets govt's nod; Rs 6,003 crore approved to scale scientific, industrial R&D [details]

The Union Cabinet on Wednesday approved the National Quantum Mission to scale-up scientific and industrial research and development (R&D) for quantum technologies.

Apr 19, 2023

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